Unemployment Rate in Panama increased to 6.10 percent in 2017 from 5.50 percent in 2016. Unemployment Rate in Panama averaged 9.39 percent from 1963 until 2017, 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 6.30 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 6.40 percent in 2020, according to our econometric models.

Panama Unemployment Rate
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Panama Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.10 5.50 16.30 4.20 percent [+]
Population 4.10 4.04 4.10 1.13 Million [+]
Wages 1146.00 1238.00 1238.00 198.00 PAB/Month [+]


Panama Unemployment Rate

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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6.10 5.50 16.30 4.20 1963 - 2017 percent Yearly




Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.70 Oct/18
Turkey 11.10 Aug/18
Italy 10.60 Oct/18
Argentina 9.60 Jun/18
France 9.10 Sep/18
Euro Area 8.10 Oct/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Nov/18
Indonesia 5.34 Sep/18
Australia 5.00 Oct/18
Russia 4.70 Oct/18
United Kingdom 4.10 Oct/18
China 3.82 Sep/18
South Korea 3.80 Nov/18
Netherlands 3.70 Oct/18
United States 3.70 Nov/18
India 3.52 Dec/17
Germany 3.30 Oct/18
Mexico 3.20 Oct/18
Switzerland 2.50 Nov/18
Japan 2.40 Oct/18
Singapore 2.10 Sep/18


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