Panama Unemployment Rate (1991-2024)

Panama unemployment rate for 2024 was 6.52%, a 0.03% decline from 2023.
  • Panama unemployment rate for 2023 was 6.54%, a 1.54% decline from 2022.
  • Panama unemployment rate for 2022 was 8.09%, a 2.09% decline from 2021.
  • Panama unemployment rate for 2021 was 10.18%, a 4.49% decline from 2020.
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.