Statement:
There are less unemployed in Madagascar than in Panama

In the Unemployment rate rating Madagascar holds position #165 2021 out of 176 and Panama is #98 out of 176 2021.
Position of Madagascar is better than position of Panama.

Referencies:

  1. Unemployment rate 2021 by Unicef
    The countries in the rating sorted by 'Total unemployed' in descending order.
    Madagascar 'Total unemployed' value is 1.7
    Panama 'Total unemployed' value is 4.7