Panama Youth Unemployment Rate 1991-2025

Panama youth unemployment rate for 2023 was 16.59%, a 2.6% decline from 2022.
  • Panama youth unemployment rate for 2022 was 19.19%, a 3.26% decline from 2021.
  • Panama youth unemployment rate for 2021 was 22.45%, a 9.43% decline from 2020.
  • Panama youth unemployment rate for 2020 was 31.87%, a 14.74% increase from 2019.
Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.