Latest: Japan 01:30 BoJ Board Member Suzuki Speaks Forecast: 0
Latest: United States 13:00 Jackson Hole Symposium Forecast: 0
Latest: Switzerland 14:30 SNB Chairman Thomas Jordan speaks Forecast: 0
Latest: Euro Area 10:00 EU Leaders Summit Forecast: 0
Latest: Kenya 14:00 GDP (QoQ) Forecast: 0 % Actual: -1.1%

Unemployment Rate and Employment Data in Panama

Panama Unemployment Data

Indicator Data Period
Unemployment Rate 7.1 % 2019


Latest data on Unemployment Rate (%)

Unemployment Rate
                     Panama - Historical Data (%)

What is Unemployment Rate in Panama?

  • Unemployment Rate in Panama increased to 7.1 % in 2019. The maximum rate was 16.3 % and minimum was 4.1 %.
  • Data published Yearly by National Institute of Statistics and Census.

Historical Data (%) by years

Data
Period
Date
7.1 2019 18.02.2020
6 2018 29.10.2019
6.1 2017 24.04.2018
5.6 2016 11.08.2017
5.2 2015 31.12.2015
5.1 2014 31.12.2014
4.3 2013 31.12.2013
4.2 2012 31.12.2012


Historical Chart by presidents (%)

Unemployment Rate in Panama by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Juan Varela 01.07.2014 - 5.1000 5.6000 5.6000 5.1000 9.80%
Ricardo Martinelli 01.07.2009 - 01.07.2014 6.9000 4.3000 6.9000 4.2000 -37.68%
Martín Torrijos 01.09.2004 - 01.07.2009 12.4000 5.8000 12.4000 5.8000 -53.23%
Mireya Moscoso 01.09.1999 - 01.09.2004 11.8000 13.7000 14.7000 11.8000 16.10%
Ernesto Balladares 01.09.1994 - 01.09.1999 14.0000 13.6000 14.3000 13.4000 -2.86%
Guillermo Endara 20.12.1989 - 01.09.1994 16.3000 13.3000 16.3000 13.3000 -18.40%

Other labor indicators in Panama

Index Updated Actual Previous
Wages 2019 1208.879 USD/Month 1421.858

Unemployment Rate in other countries

Country Updated Actual Previous
Colombia Mar/21 14.2 % 15.9
Panama 2019 7.1 % 6
Puerto Rico Mar/21 7.4 % 7.7
Honduras 2019 5.7 % 5.7
Brazil Feb/21 14.4 % 14.2
Chile Mar/21 12.1 % 10.3
Paraguay 4Q/20 7.2 % 8.2
Argentina 4Q/20 11 % 11.7
Canada Apr/21 8.1 % 7.5
Ecuador 4Q/20 6.1 % 8.6
Mexico Mar/21 3.9 % 4.4
Peru Mar/21 15.3 % 14.5
United States Apr/21 6.1 % 6
Uruguay Mar/21 9.7 % 11.1
Jamaica 4Q/20 10.7 % 12.6
Suriname 2020 11.2 % 7.4
Venezuela Dec/18 6.4 % 7.3
Belize 2019 7.7 % 9.4
Cameroon 2019 3.4 % 3.4
Cape Verde 2020 12.3 % 11.3
Cuba 2019 1.2 % 1.7
Dominican Republic 4Q/20 7.4 % 7.1
El Salvador 2019 6.3 % 6.4
Guyana 2019 11.9 % 11.9
Haiti 2019 13.5 % 13.5
Nicaragua 2Q/20 5.4 % 4.8
Trinidad and Tobago 1Q/19 4 % 3.5