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MacroPanama

Unemployment rate in Panama

How hard is it to have a job there?

Panama's unemployment rate is 8.36 % — #95 of 124 countries on the atlas (lower is better). Period 2025.

8.36%

Checked 8 Sept 2026Period 2025

Source: World Bank open data (GDP growth, GDP/capita, unemployment, government debt)

Unemployment rate in Panama over time

14.66 %9.17 %3.67 %14.66 % · 20203.67 % · 20132000: 6.19 %2001: 6.29 %2002: 6.30 %2003: 6.30 %2004: 6.10 %2005: 5.97 %2006: 5.79 %2007: 5.67 %2008: 5.64 %2009: 5.86 %2010: 5.84 %2011: 4.03 %2012: 3.69 %2013: 3.67 %2014: 4.39 %2015: 4.33 %2016: 4.72 %2017: 5.34 %2018: 5.16 %2019: 6.26 %2020: 14.66 %2021: 10.18 %2022: 8.09 %2023: 6.54 %2024: 8.45 %2025: 8.36 %2000201220258.36 %
26 official observations, 2000 → 2025. Every point is a published value — never interpolated.
Rank
#95 of 124
lower is better
Ranked behind
23 %
29 of 124 countries
Latest move
▼ 0.09 pp
since 2024
Below its peak
6.30 pp
peak 14.66 % in 2020
Full series
▲ 2.17 pp
since 2000

In Americas: #22 of 27vs median 5.25 %: +3.10 pp (worse)

Among 124 countries

6 of 124 countries between 0.78 % and 1.53 %6 of 124 countries between 1.53 % and 2.28 %12 of 124 countries between 2.28 % and 3.03 %16 of 124 countries between 3.03 % and 3.78 %7 of 124 countries between 3.78 % and 4.53 %15 of 124 countries between 4.53 % and 5.28 %14 of 124 countries between 5.28 % and 6.02 %7 of 124 countries between 6.02 % and 6.77 %6 of 124 countries between 6.77 % and 7.52 %2 of 124 countries between 7.52 % and 8.27 %10 of 124 countries between 8.27 % and 9.02 %3 of 124 countries between 9.02 % and 9.77 %3 of 124 countries between 9.77 % and 10.52 %2 of 124 countries between 10.52 % and 11.27 %3 of 124 countries between 11.27 % and 12.02 %1 of 124 countries between 12.02 % and 12.77 %1 of 124 countries between 12.77 % and 13.51 %2 of 124 countries between 13.51 % and 14.26 %1 of 124 countries between 14.26 % and 15.01 %2 of 124 countries between 15.01 % and 15.76 %1 of 124 countries between 16.51 % and 17.26 %4 of 124 countries between 18.01 % and 18.76 %median 5.23 %Panama: ahead of 23 % of the 124 countries with a published unemploymentPanama 8.36 %0.78 %18.76 %
Half of all 124 countries sit between 3.30 % and 8.30 %. Panama is ahead of 23 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryUnemploymentvs Panama
93 Iran8.30 %−0.06 pp
94 Estonia8.31 %−0.05 pp
95 Panama8.36 %—
96 Turkey8.52 %+0.16 pp
97 Greece8.54 %+0.18 pp

Unemployment, share of the labour force (World Bank / ILO estimate).

How to read this figure

Share of the labour force without work but actively seeking it (World Bank / ILO harmonised estimate). People outside the labour force — students, carers, the discouraged — are not counted.

Next, about Panama

Average monthly salaryGDP growthGDP per capita
Unemployment rate, all countries ranked →Compare Panama with another country →Everything about Panama →
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