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Panama Unemployment
8.5%as of 2024
Panama's unemployment stands at 8.5% as of 2024. The indicator has increased from null% in 2014 to 8.5% in 2024. Source: ILO / World Bank WDI.
Historical trend (2014–2024)
Unemployment — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | % | — |
| 2015 | 4.3% | — |
| 2016 | 4.7% | +0.4pp |
| 2017 | 5.3% | +0.6pp |
| 2018 | 5.2% | -0.1pp |
| 2019 | 6.3% | +1.1pp |
| 2020 | 14.7% | +8.4pp |
| 2021 | 10.2% | -4.5pp |
| 2022 | 8.1% | -2.1pp |
| 2023 | 6.5% | -1.6pp |
| 2024 | 8.5% | +2.0pp |
Source: ILO / World Bank WDI. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.