Panama Unemployment Rate

2003 - 2025 | Yearly | % | National Institute of Statistics and Census

Key information about Panama Unemployment Rate

  • Panama Unemployment Rate increased to 10.40% in Aug 2025, from the previously reported figure of 9.50% in Aug 2024.
  • Panama Unemployment Rate is updated yearly, available from Aug 2003 to Aug 2025, with an average rate of 4.10%.
  • The data reached an all-time high of 13.00% in Aug 2003 and a record low of 4.10% in Aug 2013.
  • The data is reported by reported by National Institute of Statistics and Census.
  • In the latest reports, Panama Population reached 4.51 million people in Jun 2024.


View Panama's Unemployment Rate from 2003 to 2025 in the chart:

Panama Unemployment Rate

What was Panama's Unemployment Rate in 2025?

Panama Unemployment Rate increased to 10.40% in Aug 2025, from the previously reported figure of 9.50% in Aug 2024. See the table below for more data.

Last Previous Min Max Unit Frequency Range
10.40 2025 9.50 2024 4.10 2013 13.00 2003 % yearly 2003 - 2025

Unemployment Rate by Country Comparison

country/region Last Frequency Range
Albania (%) 8.36 Mar 2026 quarterly Mar 2012 - Mar 2026
Algeria (%) 11.40 Jun 2019 quarterly Mar 2014 - Jun 2019
Argentina (%) 7.60 Jun 2025 quarterly Jun 1990 - Jun 2025
Armenia (%) 13.70 Mar 2026 quarterly Mar 2008 - Mar 2026
Australia (%) 4.36 May 2026 monthly Feb 1978 - May 2026
Austria (%) 5.78 May 2026 monthly Jan 1993 - May 2026
Azerbaijan (%) 5.20 Sep 2025 quarterly Mar 2008 - Sep 2025
Bahrain (%) 5.60 2025 yearly 1991 - 2025
Bangladesh (%) 5.30 2020 yearly 1991 - 2020
Belarus (%) 0.10 May 2026 monthly Oct 2004 - May 2026
Belgium (%) 6.30 May 2026 monthly Jan 1983 - May 2026
Bolivia (%) 2.51 Mar 2026 quarterly Dec 2015 - Mar 2026
Bosnia and Herzegovina (%) 12.21 2025 yearly 2006 - 2025
Botswana (%) 23.14 2024 yearly 1991 - 2024
Brazil (%) 5.60 May 2026 monthly Mar 2012 - May 2026
Brunei (%) 5.07 2025 yearly 1981 - 2025
Bulgaria (%) 3.20 Mar 2026 quarterly Mar 2000 - Mar 2026
Cambodia (%) 0.70 2023 yearly 2020 - 2023
Canada (%) 6.50 Jun 2026 monthly Jan 1976 - Jun 2026
Chile (%) 8.93 Mar 2026 monthly Mar 2009 - Mar 2026
China (%) 5.40 Mar 2026 quarterly Mar 2017 - Mar 2026
Colombia (%) 8.02 May 2026 monthly Jan 2001 - May 2026
Croatia (%) 5.50 Mar 2025 quarterly Mar 1998 - Mar 2025
Cyprus (%) 3.10 May 2026 monthly Jan 2000 - May 2026
Czech Republic (%) 3.17 May 2026 monthly Jan 1993 - May 2026
Denmark (%) 6.40 Oct 2025 monthly Jan 1983 - Oct 2025
Ecuador (%) 3.38 Mar 2026 quarterly Dec 2013 - Mar 2026
Egypt (%) 6.00 Mar 2026 quarterly Mar 2003 - Mar 2026
Estonia (%) 7.10 Sep 2025 quarterly Mar 1997 - Sep 2025
European Union (%) 5.90 May 2026 monthly Jan 2000 - May 2026
Finland (%) 10.50 Oct 2025 monthly Jan 1988 - Oct 2025
France (%) 7.70 Sep 2025 quarterly Mar 1975 - Sep 2025
Georgia (%) 13.88 2025 yearly 1991 - 2025
Germany (%) 3.80 May 2026 monthly Jan 1991 - May 2026
Ghana (%) 2.98 2025 yearly 1991 - 2025
Greece (%) 8.20 Sep 2025 monthly Apr 1998 - Sep 2025
Hong Kong SAR, China (%) 3.70 Apr 2026 monthly Oct 1981 - Apr 2026
Hungary (%) 4.29 May 2026 monthly Jan 2000 - May 2026
Iceland (%) 3.35 Dec 2024 monthly Jan 2003 - Dec 2024
India (%) 7.11 2020 yearly 1991 - 2020
Indonesia (%) 4.85 2025 yearly 1984 - 2025
Iran (%) 9.40 Mar 2022 quarterly Jun 2001 - Mar 2022
Ireland (%) 5.00 Oct 2025 monthly Jan 1998 - Oct 2025
Israel (%) 3.02 Oct 2025 monthly Jan 2012 - Oct 2025
Italy (%) 6.14 Sep 2025 monthly Jan 1983 - Sep 2025
Ivory Coast (%) 3.50 2020 yearly 1991 - 2020
Japan (%) 2.50 May 2026 monthly Jan 1953 - May 2026
Jordan (%) 21.10 Feb 2026 quarterly Feb 2000 - Feb 2026
Kazakhstan (%) 4.50 May 2026 monthly Jan 2001 - May 2026
Kenya (%) 2.98 2020 yearly 1991 - 2020
South Korea (%) 2.80 Apr 2026 monthly Jun 1999 - Apr 2026
Kosovo (%) 11.10 Mar 2025 quarterly Mar 2016 - Mar 2025
Kuwait (%) 0.93 2021 yearly 1999 - 2021
Kyrgyzstan (%) 3.70 2024 yearly 1992 - 2024
Laos (%) 0.95 2020 yearly 1991 - 2020
Latvia (%) 6.50 May 2026 monthly Jan 1998 - May 2026
Lebanon (%) 29.56 2021 yearly 2004 - 2021
Lithuania (%) 7.00 May 2026 monthly Jan 1998 - May 2026
Luxembourg (%) 6.23 May 2026 monthly Jan 1995 - May 2026
Macau SAR, China (%) 1.80 May 2026 monthly Sep 1996 - May 2026
North Macedonia (%) 11.40 Dec 2025 quarterly Sep 2021 - Dec 2025
Malawi (%) 6.60 2013 yearly 2005 - 2013
Malaysia (%) 3.00 May 2026 monthly Jan 2010 - May 2026
Malta (%) 3.51 Mar 2026 quarterly Mar 2018 - Mar 2026
Mauritius (%) 7.10 Mar 2020 quarterly Mar 2004 - Mar 2020
Mexico (%) 2.70 May 2026 monthly Jan 2005 - May 2026
Moldova (%) 3.97 Jun 2025 quarterly Mar 1999 - Jun 2025
Mongolia (%) 5.70 Mar 2026 quarterly Sep 2006 - Mar 2026
Montenegro (%) 10.90 Dec 2025 quarterly Mar 2008 - Dec 2025
Morocco (%) 10.80 Mar 2026 quarterly Mar 1999 - Mar 2026
Mozambique (%) 6.63 2025 yearly 1991 - 2025
Myanmar (%) 1.79 2020 yearly 1991 - 2020
Nepal (%) 4.44 2020 yearly 1991 - 2020
Netherlands (%) 4.00 Oct 2025 monthly Jan 2003 - Oct 2025
New Zealand (%) 5.30 Mar 2026 quarterly Mar 1986 - Mar 2026
Nigeria (%) 4.30 Jun 2024 quarterly Dec 2022 - Jun 2024
Norway (%) 4.40 May 2026 monthly Jan 1989 - May 2026
Oman (%) 2.50 May 2026 monthly Mar 2018 - May 2026
Pakistan (%) 6.90 2025 yearly 1980 - 2025
Palestinian Territory (%) 29.50 Mar 2026 quarterly Mar 2000 - Mar 2026
Panama (%) 10.40 2025 yearly 2003 - 2025
Paraguay (%) 5.26 Mar 2026 quarterly Mar 2017 - Mar 2026
Peru (%) 4.98 May 2026 monthly Mar 2001 - May 2026
Philippines (%) 5.30 Jul 2025 quarterly Jul 1982 - Jul 2025
Poland (%) 5.90 May 2026 monthly Jan 1990 - May 2026
Portugal (%) 7.20 Jan 2021 monthly Feb 1998 - Jan 2021
Qatar (%) 0.10 2024 yearly 1997 - 2024
Romania (%) 5.90 Sep 2025 monthly Jan 2004 - Sep 2025
Russia (%) 2.20 Apr 2026 monthly Jan 1994 - Apr 2026
Saudi Arabia (%) 3.05 Mar 2026 quarterly Mar 2012 - Mar 2026
Serbia (%) 8.20 Sep 2025 quarterly Mar 2014 - Sep 2025
Singapore (%) 2.00 Sep 2025 monthly Mar 2020 - Sep 2025
Slovakia (%) 5.08 May 2026 monthly Jan 2006 - May 2026
Slovenia (%) 4.10 Mar 2026 quarterly Jun 1997 - Mar 2026
South Africa (%) 32.70 Mar 2026 quarterly Mar 2008 - Mar 2026
Spain (%) 10.83 Mar 2026 quarterly Mar 2002 - Mar 2026
Sri Lanka (%) 3.80 Dec 2025 quarterly Mar 2004 - Dec 2025
Sudan (%) 20.30 2010 yearly 1993 - 2010
Sweden (%) 8.96 Oct 2025 monthly Jan 1983 - Oct 2025
Switzerland (%) 5.15 Mar 2026 monthly Jan 1991 - Mar 2026

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Panama Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.7 2025 yearly 2003 - 2025
Consolidated Fiscal Balance (USD mn) -3,320.820 2025 yearly 2003 - 2025
Tax Revenue (USD mn) 446.235 May 2026 monthly Jan 1995 - May 2026
Tax Revenue: % of GDP (%) 6.9 Mar 2026 quarterly Mar 2007 - Mar 2026
National Government Debt (USD mn) 59,349.3 Dec 2025 monthly Jul 2004 - Dec 2025
Government Debt: % of GDP (%) 65.6 Dec 2025 quarterly Dec 2007 - Dec 2025
Forecast: Government Expenditure (PAB bn) 27.414 2031 yearly 1994 - 2031
Forecast: Government Net Debt (PAB bn) 70.782 2031 yearly 1994 - 2031
Forecast: Government Revenue (PAB bn) 25.515 2031 yearly 1994 - 2031
Central Government Revenue: Current Revenue: Tax (PAB th) 446,234.956 May 2026 monthly Jan 1995 - May 2026
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 216,833.914 May 2026 monthly Jan 1995 - May 2026
Central Government Revenue: Current Revenue (PAB th) 579,053.501 May 2026 monthly Jan 1995 - May 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,424.3 Apr 2026 monthly Jan 1964 - Apr 2026
Total Exports (USD mn) 83.9 Sep 2025 monthly Jan 2000 - Sep 2025
Total Exports Growth (%) -13.2 Apr 2026 monthly Jan 2001 - Apr 2026
Aluminum: Exports (USD th) 29,822.596 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 323,272.727 2025 yearly 1995 - 2025
Exports: Medicinal and Pharmaceutical Product (USD th) 17,017.382 2025 yearly 1995 - 2025
Total Imports (USD mn) 1,516.9 Apr 2026 monthly Jan 2000 - Apr 2026
Total Imports Growth (%) 27.5 Apr 2026 monthly Jan 2001 - Apr 2026
Imports: Medicament (USD th) 1,218,666.412 2025 yearly 1995 - 2025
Imports: Medicinal and Pharmaceutical Product (USD th) 319,206.805 2025 yearly 1995 - 2025
Total Exports to USA (USD mn) 20.645 Feb 2026 monthly Jan 1970 - Feb 2026
Total Imports from USA (USD mn) 207.067 Feb 2026 monthly Jan 1967 - Feb 2026
Total Exports to China (USD mn) 1,311.685 2023 yearly 1999 - 2023
Total Imports from China (USD mn) 161.698 Feb 2026 monthly Mar 1989 - Feb 2026
Exports: FOB: America: NAFTA: USA (PAB th) 145,828.000 2023 yearly 1999 - 2023
Exports: FOB: Asia: Rest of Asia: South Korea (PAB th) 233,057.000 2023 yearly 1999 - 2023
Exports: FOB: Asia: Rest of Asia: China (PAB th) 1,311,685.000 2023 yearly 1999 - 2023
Exports: FOB: Asia: Rest of Asia: Taiwan (PAB th) 66,371.000 2023 yearly 1999 - 2023
Exports: FOB: America: NAFTA: Mexico (PAB th) 46,106.000 2023 yearly 1999 - 2023
Exports: FOB: Prawn (PAB th) 14,170.243 Apr 2026 monthly Jan 2000 - Apr 2026
Exports: FOB: Banana (PAB th) 10,034.650 Apr 2026 monthly Jan 2000 - Apr 2026
Exports: FOB: Seafood Products (PAB th) 6,326.466 Mar 2026 monthly Jan 2002 - Mar 2026
Exports: FOB (PAB th) 92,574.021 Apr 2026 monthly Jan 2000 - Apr 2026
Imports: CIF: Asia: ASEAN: Thailand (PAB th) 108,126.000 2023 yearly 1999 - 2023
Imports: CIF: Asia: Rest of Asia: China (PAB th) 1,755,621.000 2023 yearly 1999 - 2023
Imports: CIF: America: LAIA: MERCOSUR: Brazil (PAB th) 299,244.000 2023 yearly 1999 - 2023
Imports: CIF: America: NAFTA: USA (PAB th) 2,729,967.000 2023 yearly 1999 - 2023
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 47,260.000 2023 yearly 1999 - 2023
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Import Value Index (2015=100) 118.600 2024 yearly 2005 - 2024
Export Value Index (2015=100) 116.200 2024 yearly 2005 - 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 212.3 Dec 2025 quarterly Mar 2013 - Dec 2025
Current Account Balance (USD mn) 1,289.6 Mar 2026 quarterly Mar 1998 - Mar 2026
Current Account Balance: % of GDP (%) 5.3 Mar 2026 quarterly Mar 2007 - Mar 2026
Foreign Direct Investment (USD mn) 213.3 Mar 2026 quarterly Mar 1998 - Mar 2026
Foreign Direct Investment: % of GDP (%) 0.9 Mar 2026 quarterly Mar 2007 - Mar 2026
Foreign Portfolio Investment (USD mn) -827.293 Mar 2026 quarterly Mar 2013 - Mar 2026
Foreign Portfolio Investment: % of GDP (%) -3.4 Mar 2026 quarterly Mar 2007 - Mar 2026
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Mar 2026 quarterly Mar 2013 - Mar 2026
Foreign Portfolio Investment: Debt Securities (USD mn) -827.293 Mar 2026 quarterly Mar 2013 - Mar 2026
External Debt (USD mn) 48,680.8 Dec 2025 monthly Jul 2004 - Dec 2025
External Debt: % of GDP (%) 167.4 2021 yearly 2014 - 2021
External Debt: Short Term (USD mn) 39,768.7 Dec 2021 quarterly Sep 2014 - Dec 2021
External Debt: Short Term: % of GDP (%) 59.0 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -3.282 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) -80,772.587 Mar 2026 quarterly Mar 2002 - Mar 2026
BoP: Net Errors and Omissions (PAB mn) -3,725.983 Mar 2026 quarterly Mar 2013 - Mar 2026
BoP: CA: Services: Debit (PAB mn) -1,351.805 Mar 2026 quarterly Mar 2013 - Mar 2026
BoP: CA: Services: Credit (PAB mn) 5,998.538 Mar 2026 quarterly Mar 2013 - Mar 2026
Balance of Payment (BoP): Current Account (CA) (PAB mn) 1,289.579 Mar 2026 quarterly Mar 2013 - Mar 2026
BoP: CA: Goods: Credit (PAB mn) 4,691.336 Mar 2026 quarterly Mar 2013 - Mar 2026
BoP: Financing: Reserve Assets (PAB mn) 1,614.738 Mar 2026 quarterly Mar 2013 - Mar 2026
BoP: Capital Account (PAB mn) 1.600 Mar 2026 quarterly Mar 2013 - Mar 2026
BoP: Capital Account: Credit (PAB mn) 1.600 Mar 2026 quarterly Mar 2013 - Mar 2026
BoP: CA: Goods (PAB mn) -2,346.809 Mar 2026 quarterly Mar 2013 - Mar 2026
BoP: CA: Income: Credit (PAB mn) 1,072.184 Mar 2026 quarterly Mar 2013 - Mar 2026
BoP: FA: Portfolio Investment: Assets (PAB mn) 909.219 Mar 2026 quarterly Mar 2013 - Mar 2026
BoP: Capital Account: Debit (PAB mn) 0.000 Mar 2026 quarterly Mar 2013 - Mar 2026
BoP: CA: Goods: Debit (PAB mn) -7,038.145 Mar 2026 quarterly Mar 2013 - Mar 2026
BoP: CA: Income (PAB mn) -1,006.464 Mar 2026 quarterly Mar 2013 - Mar 2026
BoP: FA: Direct Investment (PAB mn) -12.889 Mar 2026 quarterly Mar 2013 - Mar 2026
BoP: Financial Account (FA) (PAB mn) 820.065 Mar 2026 quarterly Mar 2013 - Mar 2026
BoP: CA: Income: Debit (PAB mn) -2,078.648 Mar 2026 quarterly Mar 2013 - Mar 2026
BoP: CA: Services (PAB mn) 4,646.733 Mar 2026 quarterly Mar 2013 - Mar 2026
BoP: FA: Portfolio Investment: Liabilities (PAB mn) -827.293 Mar 2026 quarterly Mar 2013 - Mar 2026
International Investment Position (IIP) (USD mn) -80,772.587 Mar 2026 quarterly Mar 2015 - Mar 2026
IIP: Assets (USD mn) 118,737.905 Mar 2026 quarterly Mar 2015 - Mar 2026
IIP: Liabilities (USD mn) 199,510.492 Mar 2026 quarterly Mar 2015 - Mar 2026
Foreign Direct Investment (FDI) (PAB mn) 803.813 Dec 2025 quarterly Mar 2013 - Dec 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 Apr 2026 monthly Dec 2008 - Apr 2026
Household Debt: % of GDP (%) 37.8 Dec 2025 quarterly Dec 2007 - Dec 2025
Non-Performing Loans (USD mn) 1,572.629 Apr 2026 monthly Dec 2008 - Apr 2026
Money Supply M1 (USD mn) 9,470.440 Apr 2026 monthly Dec 2002 - Apr 2026
Money Supply M2 (USD mn) 46,864.940 Apr 2026 monthly Dec 2002 - Apr 2026
M2 Growth (%) 6.0 Apr 2026 monthly Dec 2003 - Apr 2026
Foreign Exchange Reserves (USD mn) 5,346.1 May 2026 monthly Oct 1969 - May 2026
Foreign Exchange Reserves: % of GDP (%) 6.239 Dec 2025 quarterly Dec 2007 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 3.5 Apr 2026 monthly Jan 2000 - Apr 2026
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 120,742.505 Apr 2026 monthly Dec 1998 - Apr 2026
Total Deposits Growth (%) 7.3 Apr 2026 monthly Dec 1999 - Apr 2026
Domestic Credit (USD mn) 65,254.4 Apr 2026 monthly Dec 2001 - Apr 2026
Domestic Credit Growth (%) 1.2 Apr 2026 monthly Dec 2002 - Apr 2026
Household Debt (USD mn) 34,307.6 Apr 2026 monthly Oct 2005 - Apr 2026
Total Loans (USD mn) 104,817.978 Apr 2026 monthly Dec 1998 - Apr 2026
Total Loans Growth (%) 4.57 Apr 2026 monthly Dec 1999 - Apr 2026
Private Debt: % of Nominal GDP (%) 67.13 Dec 2025 quarterly Dec 2007 - Dec 2025
Money Supply: M3 (PAB mn) 46,864.940 Apr 2026 monthly Dec 2002 - Apr 2026
LC: National Banking System: Private Sector: Mortgage (PAB mn) 21,435.075 Apr 2026 monthly Dec 2002 - Apr 2026

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