Panama Youth Unemployment Rate 1991-2020

Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.
  • Panama youth unemployment rate for 2019 was 10.04%, a 0.36% decline from 2018.
  • Panama youth unemployment rate for 2018 was 10.39%, a 0.43% decline from 2017.
  • Panama youth unemployment rate for 2017 was 10.82%, a 2.54% increase from 2016.
  • Panama youth unemployment rate for 2016 was 8.29%, a 0.23% increase from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name % of Total Labor Force Ages 15-24
French Polynesia 36.92%
Greece 35.11%
New Caledonia 34.21%
Spain 32.90%
Barbados 30.22%
Brunei 30.03%
Italy 29.30%
Saudi Arabia 28.59%
Uruguay 27.05%
Argentina 25.35%
Bahamas 23.51%
Virgin Islands (U.S.) 21.54%
Puerto Rico 19.74%
France 19.15%
Chile 18.97%
Portugal 18.45%
Croatia 17.82%
Sweden 17.78%
Finland 16.30%
Slovak Republic 16.21%
Channel Islands 15.86%
Kuwait 15.80%
Belgium 15.68%
Cyprus 15.62%
Luxembourg 14.89%
Guam 13.92%
Oman 13.19%
Ireland 13.07%
Estonia 12.56%
Lithuania 12.39%
Latvia 12.28%
Australia 12.06%
Poland 11.60%
United Kingdom 11.31%
New Zealand 11.23%
Hungary 11.09%
South Korea 10.97%
Canada 10.77%
Panama 10.04%
Hong Kong 10.03%
Denmark 9.82%
Norway 9.33%
Singapore 9.29%
Slovenia 9.11%
United States 8.54%
Austria 8.37%
Malta 8.24%
Iceland 7.80%
Switzerland 7.40%
UAE 7.34%
Israel 7.26%
Czech Republic 6.38%
Trinidad and Tobago 6.37%
Netherlands 6.35%
Macao 5.73%
Germany 5.42%
Bahrain 4.63%
Japan 3.67%
Qatar 0.38%
Panama Youth Unemployment Rate - Historical Data
Year % of Total Labor Force Ages 15-24 Annual Change
2019 10.04% -0.36%
2018 10.39% -0.43%
2017 10.82% 2.54%
2016 8.29% 0.23%
2015 8.06% 1.10%
2014 6.95% 0.70%
2013 6.26% -0.14%
2012 6.40% 0.21%
2011 6.19% -2.20%
2010 8.39% 0.15%
2009 8.24% 0.66%
2008 7.58% -0.05%
2007 7.64% -0.21%
2006 7.85% -0.14%
2005 7.99% -0.07%
2004 8.06% -0.05%
2003 8.11% -0.02%
2002 8.13% 0.15%
2001 7.98% 0.11%
2000 7.87% 0.07%
1999 7.80% 0.15%
1998 7.65% 0.02%
1997 7.63% 0.05%
1996 7.58% 0.02%
1995 7.56% 0.09%
1994 7.47% 0.13%
1993 7.35% 0.17%
1992 7.17% 0.07%
1991 7.10% 0.07%