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 2022 was 20.19%, a 2.35% decline from 2021.
- Panama youth unemployment rate for 2021 was 22.54%, a 9.48% decline from 2020.
- Panama youth unemployment rate for 2020 was 32.02%, a 14.88% increase from 2019.
- Panama youth unemployment rate for 2019 was 17.14%, a 3.05% increase from 2018.
Panama Youth Unemployment Rate - Historical Data |
Year |
% of Total Labor Force Ages 15-24 |
Annual Change |
2022 |
20.19% |
-2.35% |
2021 |
22.54% |
-9.48% |
2020 |
32.02% |
14.88% |
2019 |
17.14% |
3.05% |
2018 |
14.09% |
-0.74% |
2017 |
14.83% |
2.53% |
2016 |
12.30% |
0.62% |
2015 |
11.68% |
0.15% |
2014 |
11.53% |
1.63% |
2013 |
9.90% |
0.31% |
2012 |
9.59% |
-1.51% |
2011 |
11.10% |
-2.32% |
2010 |
13.43% |
-0.12% |
2009 |
13.55% |
0.27% |
2008 |
13.28% |
-0.01% |
2007 |
13.28% |
-0.06% |
2006 |
13.34% |
-0.06% |
2005 |
13.40% |
0.11% |
2004 |
13.29% |
-0.09% |
2003 |
13.38% |
0.06% |
2002 |
13.32% |
0.00% |
2001 |
13.32% |
0.06% |
2000 |
13.26% |
0.05% |
1999 |
13.21% |
0.15% |
1998 |
13.06% |
0.00% |
1997 |
13.06% |
0.05% |
1996 |
13.02% |
0.05% |
1995 |
12.97% |
0.01% |
1994 |
12.95% |
0.12% |
1993 |
12.84% |
0.08% |
1992 |
12.76% |
0.05% |
1991 |
12.71% |
0.05% |