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Panama Highest Unemployment Rate

18.94% in 1989
Unemployment as % of total labor force · World Bank

The highest unemployment rate in Panama was 18.94% in 1989. The top 5 years were: 1989 (18.94%), 1988 (18.78%), 1990 (16.72%), 2020 (14.66%), 1985 (14.42%).

Top 5 Highest Years
Panama Top 5 Highest Unemployment Rate Years
RankYearValue
1st 1989 18.94%
2nd 1988 18.78%
3rd 1990 16.72%
4th 2020 14.66%
5th 1985 14.42%
All Data (sorted by value)
YearValueChangeRank
1989 18.94% +0.16pp 63rd
1988 18.78% +4.68pp 59th
1990 16.72% −2.22pp 67th
2020 14.66% +7.59pp 162nd
1987 14.10% +1.60pp 51st
1985 14.42% +2.20pp 47th
1986 12.50% −1.91pp 49th
1984 12.22% +0.64pp 41st
1983 11.57% +0.59pp 38th
2021 10.18% −8.37pp 142nd
1982 10.98% +1.80pp 35th
2025 8.36% −1.17pp 135th
2024 8.45% +1.02pp 141st
1981 9.18% +0.81pp 33rd
2022 8.09% −3.21pp 136th
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