Panama — Unemployment, Total (% of Total Labor Force)

Explore the annual trends, visual insights, projections, and comparisons with similar countries.

Statistical Overview
Year Unemployment, Total (% of Total Labor Force) YoY Change YoY % Change
2024 6.52 - -
2023 6.54 -0.03 -0.40%
2022 8.09 -1.54 -23.56%
2021 10.18 -2.09 -25.86%
2020 14.66 -4.49 -44.08%
Key Metrics

Max: 14.66 (2020)

Min: 3.67 (2013)

Key Economic Figures

Population
4,468,087
2023 • 4.468087M
GDP (Nominal)
$83.38B
2023 • $18,662 per capita
Area
75,320 km²
2022 • 75,320 km²