Panama Youth Unemployment Rate 1991-2023
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 2021 was 29.96%, a 2.01% decline from 2020.
- Panama youth unemployment rate for 2020 was 31.97%, a 19.02% increase from 2019.
- Panama youth unemployment rate for 2019 was 12.95%, a 2.7% increase from 2018.
- Panama youth unemployment rate for 2018 was 10.25%, a 0.51% decline from 2017.
Panama Youth Unemployment Rate - Historical Data |
Year |
% of Total Labor Force Ages 15-24 |
Annual Change |
2021 |
29.96% |
-2.01% |
2020 |
31.97% |
19.02% |
2019 |
12.95% |
2.70% |
2018 |
10.25% |
-0.51% |
2017 |
10.76% |
2.55% |
2016 |
8.21% |
0.16% |
2015 |
8.05% |
1.12% |
2014 |
6.94% |
0.68% |
2013 |
6.25% |
-0.16% |
2012 |
6.41% |
0.06% |
2011 |
6.35% |
-2.03% |
2010 |
8.39% |
-0.13% |
2009 |
8.52% |
0.16% |
2008 |
8.36% |
-0.02% |
2007 |
8.38% |
-0.07% |
2006 |
8.45% |
-0.06% |
2005 |
8.50% |
0.05% |
2004 |
8.45% |
-0.09% |
2003 |
8.54% |
0.01% |
2002 |
8.52% |
-0.02% |
2001 |
8.54% |
0.03% |
2000 |
8.52% |
0.03% |
1999 |
8.49% |
0.08% |
1998 |
8.41% |
0.02% |
1997 |
8.38% |
0.02% |
1996 |
8.37% |
0.02% |
1995 |
8.35% |
0.00% |
1994 |
8.35% |
0.08% |
1993 |
8.27% |
0.05% |
1992 |
8.22% |
0.03% |
1991 |
8.20% |
0.03% |