Contact Contacts
Unemployment rate (IMF) — all countries

Unemployment rate (IMF) — Panama

Unemployment rate (IMF) in Panama in 2031 — 6%. Ranked 67 in the world out of 102. Since 1980, the indicator has fallen by 2.4 pp.

2031 6% −0.9 pp vs 2030
World rank 67of 102
Period maximum 18.9%1989
Period minimum 4.1%2012

Trend over time

1980–2031 · % of labor force

Unemployment rate (IMF) — Panama, 1980–20310510152019801986199219982004201020162022202820311980: 8.4%1981: 9.2%1982: 11%1983: 11.6%1984: 12.2%1985: 14.4%1986: 12.5%1987: 14.1%1988: 18.8%1989: 18.9%1990: 16.7%1991: 16%1992: 14.7%1993: 13.3%1994: 14%1995: 14%1996: 14.3%1997: 13.4%1998: 11.6%1999: 9.5%2000: 13.5%2001: 14%2002: 13.5%2003: 13%2004: 11.7%2005: 9.8%2006: 8.7%2007: 6.4%2008: 5.6%2009: 6.6%2010: 6.5%2011: 4.5%2012: 4.1%2013: 4.1%2014: 4.8%2015: 5.1%2016: 5.5%2017: 6.1%2018: 6%2019: 7.1%2020: 18.5%2021: 11.3%2022: 9.9%2023: 7.4%2024: 9.5%2025: 10.4%2026: 10.4%2027: 9.5%2028: 8.6%2029: 7.8%2030: 6.9%2031: 6%
Change over the period: −2.4 pp Annual average: -0.05 pp
Unemployment rate (IMF) — Panama, by year Panama All countries CSV XLSX
Year % Change, pp
2031 6 −0.9 pp
2030 6.9 −0.9 pp
2029 7.8 −0.8 pp
2028 8.6 −0.9 pp
2027 9.5 −0.9 pp
2026 10.4 +0 pp
2025 10.4 +0.9 pp
2024 9.5 +2.1 pp
2023 7.4 −2.5 pp
2022 9.9 −1.4 pp
2021 11.3 −7.2 pp
2020 18.5 +11.4 pp
2019 7.1 +1.1 pp
2018 6 −0.1 pp
2017 6.1 +0.6 pp
2016 5.5 +0.4 pp
2015 5.1 +0.3 pp
2014 4.8 +0.7 pp
2013 4.1 +0 pp
2012 4.1 −0.4 pp
2011 4.5 −2 pp
2010 6.5 −0.1 pp
2009 6.6 +1 pp
2008 5.6 −0.8 pp
2007 6.4 −2.3 pp
2006 8.7 −1.1 pp
2005 9.8 −1.9 pp
2004 11.7 −1.3 pp
2003 13 −0.5 pp
2002 13.5 −0.5 pp
2001 14 +0.5 pp
2000 13.5 +4 pp
1999 9.5 −2.1 pp
1998 11.6 −1.8 pp
1997 13.4 −0.9 pp
1996 14.3 +0.3 pp
1995 14 +0 pp
1994 14 +0.7 pp
1993 13.3 −1.4 pp
1992 14.7 −1.3 pp
1991 16 −0.7 pp
1990 16.7 −2.2 pp
1989 18.9 +0.1 pp
1988 18.8 +4.7 pp
1987 14.1 +1.6 pp
1986 12.5 −1.9 pp
1985 14.4 +2.2 pp
1984 12.2 +0.6 pp
1983 11.6 +0.6 pp
1982 11 +1.8 pp
1981 9.2 +0.8 pp
1980 8.4 —

Central America, 2031

The same indicator for neighboring countries — with links to their pages

BZ Belize 2.6 MX Mexico 2.8 NI Nicaragua 3 SV El Salvador 4.8 PA Panama 6 HN Honduras 6.5 CR Costa Rica 8
Full table for all countries

About the indicator

The unemployment rate as a percent of the labor force, from the IMF World Economic Outlook database. The series is shorter than the ILO one: the IMF publishes it only for countries with comparable labor market statistics, but in exchange it includes a forecast. For full country coverage there is the unemployment rate based on ILO data.

Source: World Economic Outlook (IMF), license IMF open data.

Other indicators for Panama

Labor Unemployment rate

The share of the labor force that is looking for work and available to start.

Panama by year Economy Real GDP growth (IMF)

Real GDP growth rates as estimated and projected by the IMF.

Panama by year Labor Labor force participation rate

What share of the population aged 15 and over works or looks for work.

Panama by year Labor Youth unemployment

The unemployment rate at ages 15–24 — almost always two to three times the overall rate.

Panama by year Labor Female unemployment

The unemployment rate of the female part of the labor force.

Panama by year Labor Labor force

The number of people employed or actively looking for work — the economically active population.

Panama by year
All indicators for Panama