Statement:
There are more unemployed in Panama than in Peru

In the Unemployment rate rating Panama holds position #98 2021 out of 176 and Peru is #143 out of 176 2021.
Position of Panama is worse than position of Peru.

Referencies:

  1. Unemployment rate 2021 by Unicef
    The countries in the rating sorted by 'Total unemployed' in descending order.
    Panama 'Total unemployed' value is 4.7
    Peru 'Total unemployed' value is 3.0