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Unemployment Rate and Employment Data in Panama

Panama Unemployment Data

Indicator Data Period
Unemployment Rate 14.5 % 2021


Latest data on Unemployment Rate (%)

Unemployment Rate
                     Panama - Historical Data (%)

What is Unemployment Rate in Panama?

  • Unemployment Rate in Panama decreased to 14.5 % in 2021. The maximum rate was 18.5 % and minimum was 4.1 %.
  • Data published Yearly by National Institute of Statistics and Census.

Historical Data (%) by years

Data
Period
Date
14.5 2021 25.08.2022
18.5 2020 17.05.2021
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


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 2021 1272.384 USD/Month 1242.539

Unemployment Rate in other countries

Country Updated Actual Previous
Colombia Oct/22 9.9 % 10.7
Panama 2021 14.5 % 18.5
Puerto Rico Oct/22 6.5 % 6
Honduras 2021 8.6 % 10.9
Brazil Oct/22 8.3 % 8.7
Chile Oct/22 8 % 8
Paraguay 2Q/22 6.7 % 8.5
Argentina 2Q/22 6.9 % 7
Canada Nov/22 5.1 % 5.2
Ecuador 2Q/22 5.4 % 6.7
Mexico Oct/22 3.3 % 3.3
Peru Oct/22 7.2 % 7.7
United States Nov/22 3.7 % 3.7
Uruguay Oct/22 7.8 % 8.3
Jamaica 3Q/22 6.6 % 6
Suriname 2021 10.1 % 9.8
Venezuela Dec/18 6.4 % 7.3
Belize 2021 10.2 % 13.7
Cameroon 2021 3.9 % 3.8
Cape Verde 2021 14.5 % 14.5
Cuba 2021 2.8 % 2.6
Dominican Republic 2Q/22 5.2 % 6.4
El Salvador 2021 7.2 % 6.9
Guyana 2021 14.5 % 15.4
Haiti 2021 15.7 % 15.5
Nicaragua 2Q/22 3.1 % 3.8
Trinidad and Tobago 2Q/22 4.5 % 5.1