Panama Unemployment Rate

Unemployment Rate in Panama decreased to 6 percent in 2018 from 6.10 percent in 2017. Unemployment Rate in Panama averaged 9.33 percent from 1963 until 2018, reaching an all time high of 16.30 percent in 1988 and a record low of 4.20 percent in 2012.

Unemployment Rate in Panama is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Panama Unemployment Rate is projected to trend around 7.90 percent in 2020, according to our econometric models.

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Panama Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	6.00	6.10	16.30	4.20	percent	[+]
Population	4.16	4.10	4.16	1.13	Million	[+]
Wages	1422.00	1359.00	1422.00	198.00	PAB/Month	[+]

In Panama, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Panama Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	6.00	6.10	16.30	4.20	1963 - 2018	percent	Yearly

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Country	Last		Previous	Range
South Africa	27.60	Mar/19	27.1	31.2 : 21.5	%
Spain	14.70	Mar/19	14.45	26.94 : 4.41	%
Turkey	13.00	Apr/19	14.1	14.8 : 7.3	%
Brazil	12.30	May/19	12.5	13.7 : 6.2	%
Argentina	10.10	Mar/19	9.1	20.8 : 5.9	%
Italy	9.90	May/19	10.1	13.1 : 5.8	%
France	8.70	Mar/19	8.8	10.7 : 7.2	%
Euro Area	7.50	May/19	7.6	12.1 : 7.3	%
India	6.00	Dec/18	5	8.3 : 3.53	%
Saudi Arabia	5.70	Mar/19	6	6.3 : 4.35	%
Canada	5.50	Jun/19	5.4	13.1 : 2.9	%
Australia	5.20	Jun/19	5.2	11.2 : 4	%
Indonesia	5.01	Mar/19	5.34	11.24 : 2	%
Russia	4.40	Jun/19	4.5	14.1 : 4.4	%
South Korea	4.00	Jun/19	4	7.1 : 3	%
United Kingdom	3.80	May/19	3.8	12 : 3.4	%
United States	3.70	Jun/19	3.6	10.8 : 2.5	%
China	3.67	Mar/19	3.8	4.3 : 3.67	%
Mexico	3.50	May/19	3.5	6.42 : 2.22	%
Netherlands	3.40	Jun/19	3.3	7.9 : 3.3	%
Germany	3.10	May/19	3.1	11.5 : 0.4	%
Japan	2.40	May/19	2.4	5.5 : 1	%
Singapore	2.20	Mar/19	2.2	6 : 1.4	%
Switzerland	2.10	Jun/19	2.3	5.7 : 1.5	%