Panama Unemployment Rate 1991-2025

Panama unemployment rate for 2023 was 6.70%, a 1.5% decline from 2022.
  • Panama unemployment rate for 2022 was 8.20%, a 2.25% decline from 2021.
  • Panama unemployment rate for 2021 was 10.45%, a 3.73% decline from 2020.
  • Panama unemployment rate for 2020 was 14.18%, a 7.85% increase from 2019.
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.