Panama Unemployment Rate

Unemployment Rate in Panama increased to 4.10 percent in 2013 from 4 percent in 2012. Unemployment Rate in Panama is reported by the Instituto Nacional de Estadística y Censo - Panamá. Unemployment Rate in Panama averaged 11.07 Percent from 1982 until 2013, reaching an all time high of 16.30 Percent in 1988 and a record low of 4 Percent in 2012. In Panama, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Panama Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
4.10 4.00 16.30 4.00 4.00 | 2014/06 1982 - 2013 Percent Yearly

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Panama Unemployment Rate
LIST BY COUNTRY

Labour Last Previous Highest Lowest Forecast Unit
Population 3.72 2012-12-31 3.62 3.72 1.13 3.83 2013-12-31 Million [+]
Unemployment Rate 4.10 2013-12-31 4.00 16.30 4.00 4.00 2014-06-30 Percent [+]
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Unemployment Rate | Notes
The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.


RELATED NEWS

Panama Unemployment Rate at 4.10 Percent  
Unemployment Rate in Panama increased to 4.10 percent in 2013 from 4 percent in 2012. Unemployment Rate in Panama is reported by the Instituto Nacional de Estadística y Censo - Panamá.
Panama GDP Annual Growth Rate at 8.40 Percent  
The Gross Domestic Product (GDP) in Panama expanded 8.40 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Panama is reported by the INCE, Panama.
Panama Inflation Rate at 3.30 Percent  
The inflation rate in Panama was recorded at 3.30 percent in March of 2014. Inflation Rate in Panama is reported by the Instituto Nacional de Estadística y Censo - Panamá.
Panama Current Account at -1001.60 PAB Million  
Panama recorded a Current Account deficit of 1001.60 PAB Million in the fourth quarter of 2013. Current Account in Panama is reported by the Instituto Nacional de Estadística y Censo - Panamá.
Panama Interest Rate at 1.00 Percent  
The benchmark interest rate in Panama was last recorded at 1 percent.
Panama Imports at 5724.60 PAB Million  
Imports in Panama decreased to 5724.60 PAB Million in the fourth quarter of 2013 from 6445.50 PAB Million in the third quarter of 2013. Imports in Panama is reported by the Instituto Nacional de Estadística y Censo - Panamá.
Panama Exports at 3733.90 PAB Million  
Exports in Panama decreased to 3733.90 PAB Million in the fourth quarter of 2013 from 4149.70 PAB Million in the third quarter of 2013. Exports in Panama is reported by the Instituto Nacional de Estadística y Censo - Panamá.
Panama Balance of Trade at -1990.70 PAB Million  
Panama recorded a trade deficit of 1990.70 PAB Million in the fourth quarter of 2013. Balance of Trade in Panama is reported by the Instituto Nacional de Estadística y Censo - Panamá.
Panama Personal Income Tax Rate at 25.00 percent  
The Personal Income Tax Rate in Panama stands at 25 percent. Personal Income Tax Rate in Panama is reported by the General Directorate of Revenues, Panama.
Panama Corporate Tax Rate at 25.00 percent  
The Corporate Tax Rate in Panama stands at 25 percent. Corporate Tax Rate in Panama is reported by the General Directorate of Revenues, Panama.
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