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 (%) 8.28 Dec 2025 quarterly Mar 2012 - Dec 2025
Algeria (%) 11.40 Jun 2019 quarterly Mar 2014 - Jun 2019
Argentina (%) 7.60 Jun 2025 quarterly Jun 1990 - Jun 2025
Armenia (%) 11.80 Sep 2025 quarterly Mar 2008 - Sep 2025
Australia (%) 4.08 Jan 2026 monthly Feb 1978 - Jan 2026
Austria (%) 5.60 Jan 2026 monthly Jan 1993 - Jan 2026
Azerbaijan (%) 5.20 Sep 2025 quarterly Mar 2008 - Sep 2025
Bahrain (%) 6.16 2024 yearly 1991 - 2024
Bangladesh (%) 5.30 2020 yearly 1991 - 2020
Belarus (%) 0.10 Jan 2026 monthly Oct 2004 - Jan 2026
Belgium (%) 6.40 Dec 2025 monthly Jan 1983 - Dec 2025
Bolivia (%) 2.22 Sep 2025 quarterly Dec 2015 - Sep 2025
Bosnia and Herzegovina (%) 12.65 2024 yearly 2006 - 2024
Botswana (%) 23.14 2024 yearly 1991 - 2024
Brazil (%) 5.40 Jan 2026 monthly Mar 2012 - Jan 2026
Brunei (%) 4.80 2024 yearly 1981 - 2024
Bulgaria (%) 3.20 Dec 2025 quarterly Mar 2000 - Dec 2025
Cambodia (%) 0.70 2023 yearly 2020 - 2023
Canada (%) 6.50 Jan 2026 monthly Jan 1976 - Jan 2026
Chile (%) 8.05 Dec 2025 monthly Mar 2009 - Dec 2025
China (%) 5.10 Dec 2025 quarterly Mar 2017 - Dec 2025
Colombia (%) 10.86 Jan 2026 monthly Jan 2001 - Jan 2026
Croatia (%) 5.50 Mar 2025 quarterly Mar 1998 - Mar 2025
Cyprus (%) 4.20 Jan 2026 monthly Jan 2000 - Jan 2026
Czech Republic (%) 3.26 Jan 2026 monthly Jan 1993 - Jan 2026
Denmark (%) 6.40 Oct 2025 monthly Jan 1983 - Oct 2025
Ecuador (%) 3.10 Dec 2025 quarterly Dec 2013 - Dec 2025
Egypt (%) 6.20 Dec 2025 quarterly Mar 2003 - Dec 2025
Estonia (%) 7.10 Sep 2025 quarterly Mar 1997 - Sep 2025
European Union (%) 5.80 Jan 2026 monthly Jan 2000 - Jan 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 (%) 4.00 Jan 2026 monthly Jan 1991 - Jan 2026
Ghana (%) 2.98 2025 yearly 1991 - 2025
Greece (%) 8.20 Sep 2025 monthly Apr 1998 - Sep 2025
Hong Kong SAR, China (%) 3.90 Jan 2026 monthly Oct 1981 - Jan 2026
Hungary (%) 4.61 Jan 2026 monthly Jan 2000 - Jan 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 (%) 2.70 Jan 2026 monthly Jan 1953 - Jan 2026
Jordan (%) 21.40 Aug 2025 quarterly Feb 2000 - Aug 2025
Kazakhstan (%) 4.60 Dec 2025 monthly Jan 2001 - Dec 2025
Kenya (%) 2.98 2020 yearly 1991 - 2020
South Korea (%) 3.00 Jan 2026 monthly Jun 1999 - Jan 2026
Kosovo (%) 10.90 Dec 2024 quarterly Mar 2016 - Dec 2024
Kuwait (%) 0.93 2021 yearly 1999 - 2021
Kyrgyzstan (%) 3.70 2024 yearly 1992 - 2024
Laos (%) 0.95 2020 yearly 1991 - 2020
Latvia (%) 7.00 Dec 2025 monthly Jan 1998 - Dec 2025
Lebanon (%) 29.56 2021 yearly 2004 - 2021
Lithuania (%) 6.40 Jan 2026 monthly Jan 1998 - Jan 2026
Luxembourg (%) 6.30 Jan 2026 monthly Jan 1995 - Jan 2026
Macau SAR, China (%) 1.70 Jan 2026 monthly Sep 1996 - Jan 2026
North Macedonia (%) 11.40 Dec 2025 quarterly Sep 2021 - Dec 2025
Malawi (%) 6.60 2013 yearly 2005 - 2013
Malaysia (%) 2.90 Dec 2025 monthly Jan 2010 - Dec 2025
Malta (%) 2.73 Sep 2025 quarterly Mar 2018 - Sep 2025
Mauritius (%) 7.10 Mar 2020 quarterly Mar 2004 - Mar 2020
Mexico (%) 2.62 Jan 2026 monthly Jan 2005 - Jan 2026
Moldova (%) 3.97 Jun 2025 quarterly Mar 1999 - Jun 2025
Mongolia (%) 5.60 Dec 2025 quarterly Sep 2006 - Dec 2025
Montenegro (%) 10.50 Jun 2025 quarterly Mar 2008 - Jun 2025
Morocco (%) 13.10 Sep 2025 quarterly Mar 1999 - Sep 2025
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 Sep 2025 quarterly Mar 1986 - Sep 2025
Nigeria (%) 4.30 Jun 2024 quarterly Dec 2022 - Jun 2024
Norway (%) 4.60 Jan 2026 monthly Jan 1989 - Jan 2026
Oman (%) 2.40 Jan 2026 monthly Mar 2018 - Jan 2026
Pakistan (%) 6.90 2025 yearly 1980 - 2025
Palestinian Territory (%) 27.50 Dec 2025 quarterly Mar 2000 - Dec 2025
Panama (%) 10.40 2025 yearly 2003 - 2025
Paraguay (%) 3.56 Dec 2025 quarterly Mar 2017 - Dec 2025
Peru (%) 6.34 Jan 2026 monthly Mar 2001 - Jan 2026
Philippines (%) 5.30 Jul 2025 quarterly Jul 1982 - Jul 2025
Poland (%) 6.00 Jan 2026 monthly Jan 1990 - Jan 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 (%) 2.10 Dec 2025 monthly Jan 1994 - Dec 2025
Saudi Arabia (%) 3.44 Sep 2025 quarterly Mar 2012 - Sep 2025
Serbia (%) 8.20 Sep 2025 quarterly Mar 2014 - Sep 2025
Singapore (%) 2.00 Sep 2025 monthly Mar 2020 - Sep 2025
Slovakia (%) 5.74 Jan 2026 monthly Jan 2006 - Jan 2026
Slovenia (%) 4.10 Dec 2025 quarterly Jun 1997 - Dec 2025
South Africa (%) 31.40 Dec 2025 quarterly Mar 2008 - Dec 2025
Spain (%) 9.93 Dec 2025 quarterly Mar 2002 - Dec 2025
Sri Lanka (%) 4.30 Sep 2025 quarterly Mar 2004 - Sep 2025
Sudan (%) 20.30 2010 yearly 1993 - 2010
Sweden (%) 8.96 Oct 2025 monthly Jan 1983 - Oct 2025
Switzerland (%) 5.02 Dec 2025 monthly Jan 1991 - Dec 2025

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Panama Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.6 2024 yearly 2003 - 2024
Consolidated Fiscal Balance (USD mn) -3,320.820 2025 yearly 2003 - 2025
Tax Revenue (USD mn) 734.410 Dec 2025 monthly Jan 1995 - Dec 2025
Tax Revenue: % of GDP (%) 6.6 Sep 2025 quarterly Mar 2007 - Sep 2025
National Government Debt (USD mn) 59,349.3 Dec 2025 monthly Jul 2004 - Dec 2025
Government Debt: % of GDP (%) 63.7 Jun 2025 quarterly Dec 2007 - Jun 2025
Forecast: Government Expenditure (PAB bn) 25.641 2030 yearly 1994 - 2030
Forecast: Government Net Debt (PAB bn) 70.554 2030 yearly 1994 - 2030
Forecast: Government Revenue (PAB bn) 23.819 2030 yearly 1994 - 2030
Central Government Revenue: Current Revenue (PAB th) 3,463,911.077 Dec 2025 monthly Jan 1995 - Dec 2025
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 505,192.192 Dec 2025 monthly Jan 1995 - Dec 2025
Central Government Revenue: Current Revenue: Tax (PAB th) 734,410.208 Dec 2025 monthly Jan 1995 - Dec 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,221.9 Dec 2025 monthly Jan 1964 - Dec 2025
Total Exports (USD mn) 83.9 Sep 2025 monthly Jan 2000 - Sep 2025
Total Exports Growth (%) -5.5 Dec 2025 monthly Jan 2001 - Dec 2025
Aluminum: Exports (USD th) 29,822.596 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 295,370.102 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 16,991.392 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,296.6 Dec 2025 monthly Jan 2000 - Dec 2025
Total Imports Growth (%) 13.3 Dec 2025 monthly Jan 2001 - Dec 2025
Imports: Medicament (USD th) 725,843.056 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 233,578.902 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 16.318 Nov 2025 monthly Jan 1970 - Nov 2025
Total Imports from USA (USD mn) 197.970 Nov 2025 monthly Jan 1967 - Nov 2025
Total Exports to China (USD mn) 1,194.503 2022 yearly 1999 - 2022
Total Imports from China (USD mn) 154.594 Nov 2025 monthly Mar 1989 - Nov 2025
Exports: FOB: Prawn (PAB th) 12,175.903 Dec 2025 monthly Jan 2000 - Dec 2025
Exports: FOB: Banana (PAB th) 2,306.126 Dec 2025 monthly Jan 2000 - Dec 2025
Exports: FOB: Seafood Products (PAB th) 7,910.534 Dec 2025 monthly Jan 2002 - Dec 2025
Exports: FOB (PAB th) 74,680.511 Dec 2025 monthly Jan 2000 - Dec 2025
Exports: FOB: Asia: Rest of Asia: China (PAB th) 1,072,958.000 2021 yearly 1999 - 2021
Exports: FOB: America: NAFTA: Mexico (PAB th) 30,335.000 2021 yearly 1999 - 2021
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 48,718.000 2021 yearly 1999 - 2021
Export Value Index (2015=100) 115.979 2021 yearly 1981 - 2021
Import Value Index (2015=100) 91.522 2021 yearly 1981 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 128.0 Sep 2025 quarterly Mar 2013 - Sep 2025
Current Account Balance (USD mn) -502.9 Sep 2025 quarterly Mar 1998 - Sep 2025
Current Account Balance: % of GDP (%) -2.3 Sep 2025 quarterly Mar 2007 - Sep 2025
Foreign Direct Investment (USD mn) 676.4 Sep 2025 quarterly Mar 1998 - Sep 2025
Foreign Direct Investment: % of GDP (%) 3.1 Sep 2025 quarterly Mar 2007 - Sep 2025
Foreign Portfolio Investment (USD mn) 665.035 Sep 2025 quarterly Mar 2013 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 3.0 Sep 2025 quarterly Mar 2007 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Sep 2025 quarterly Mar 2013 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 665.035 Sep 2025 quarterly Mar 2013 - Sep 2025
External Debt (USD mn) 48,680.8 Dec 2025 monthly Jul 2004 - Dec 2025
External Debt: % of GDP (%) 169.8 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 (%) 59.9 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -3.036 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -75,811.580 Sep 2025 quarterly Mar 2002 - Sep 2025
BoP: Net Errors and Omissions (PAB mn) -1,228.288 Sep 2025 quarterly Mar 2013 - Sep 2025
Balance of Payment (BoP): Current Account (CA) (PAB mn) -502.946 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Services (PAB mn) 4,132.275 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Goods: Credit (PAB mn) 4,179.957 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Goods: Debit (PAB mn) -7,296.453 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Goods (PAB mn) -3,116.496 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Capital Account: Credit (PAB mn) 0.374 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Income: Debit (PAB mn) -2,560.827 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Income: Credit (PAB mn) 1,103.205 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: FA: Direct Investment (PAB mn) 548.322 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Income (PAB mn) -1,457.621 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Financial Account (FA) (PAB mn) 1,301.970 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Financing: Reserve Assets (PAB mn) 466.385 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Capital Account: Debit (PAB mn) 0.000 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Services: Credit (PAB mn) 5,634.327 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Capital Account (PAB mn) 0.374 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 665.035 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Services: Debit (PAB mn) -1,502.052 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: FA: Portfolio Investment: Assets (PAB mn) -2,194.910 Sep 2025 quarterly Mar 2013 - Sep 2025
International Investment Position (IIP) (USD mn) -75,811.580 Sep 2025 quarterly Mar 2015 - Sep 2025
IIP: Assets (USD mn) 117,266.585 Sep 2025 quarterly Mar 2015 - Sep 2025
IIP: Liabilities (USD mn) 193,078.165 Sep 2025 quarterly Mar 2015 - Sep 2025
Foreign Direct Investment (FDI) (PAB mn) 676.356 Sep 2025 quarterly Mar 2013 - Sep 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.4 Dec 2025 monthly Dec 2008 - Dec 2025
Household Debt: % of GDP (%) 37.7 Sep 2025 quarterly Dec 2007 - Sep 2025
Non-Performing Loans (USD mn) 1,418.886 Dec 2025 monthly Dec 2008 - Dec 2025
Money Supply M1 (USD mn) 9,066.270 Nov 2025 monthly Dec 2002 - Nov 2025
Money Supply M2 (USD mn) 45,730.080 Nov 2025 monthly Dec 2002 - Nov 2025
M2 Growth (%) 8.4 Nov 2025 monthly Dec 2003 - Nov 2025
Foreign Exchange Reserves (USD mn) 5,644.2 Dec 2025 monthly Oct 1969 - Dec 2025
Foreign Exchange Reserves: % of GDP (%) 4.178 Sep 2025 quarterly Dec 2007 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 4.4 Dec 2025 monthly Jan 2000 - Dec 2025
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 116,809.521 Dec 2025 monthly Dec 1998 - Dec 2025
Total Deposits Growth (%) 5.7 Dec 2025 monthly Dec 1999 - Dec 2025
Domestic Credit (USD mn) 64,199.0 Dec 2025 monthly Dec 2001 - Dec 2025
Domestic Credit Growth (%) 1.0 Dec 2025 monthly Dec 2002 - Dec 2025
Household Debt (USD mn) 34,175.2 Dec 2025 monthly Oct 2005 - Dec 2025
Total Loans (USD mn) 102,154.627 Dec 2025 monthly Dec 1998 - Dec 2025
Total Loans Growth (%) 4.86 Dec 2025 monthly Dec 1999 - Dec 2025
Private Debt: % of Nominal GDP (%) 68.25 Jun 2025 quarterly Dec 2007 - Jun 2025
Money Supply: M3 (PAB mn) 45,730.080 Nov 2025 monthly Dec 2002 - Nov 2025
LC: National Banking System: Private Sector: Mortgage (PAB mn) 21,583.345 Dec 2025 monthly Dec 2002 - Dec 2025

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