Panama Wages: Minimum and Average
Panama Wages Data
| Indicator | Data | Period |
|---|---|---|
| Wages | 1279 PAB/Month | 1281.178 USD/Month | 2021 |
Latest data on Wages (PAB/Month)
What is average wage in Panama?
- Average Wages in Panama increased to 1279 PAB/Month (1281.178 USD/Month) in 2021. The maximum rate of average wage for employees was 1422 PAB/Month and minimum was 198 PAB/Month.
- Data published Yearly by National Institute of Statistics and Census.
Historical Data (PAB/Month) by years
Data
Period
Date
| 1279 | 2021 | 14.10.2022 |
| 1249 | 2020 | 06.08.2021 |
| 1209 | 2019 | 19.12.2020 |
| 1422 | 2018 | 08.06.2019 |
| 1146 | 2017 | 24.04.2018 |
| 1238 | 2016 | 11.08.2017 |
| 1115 | 2015 | 31.12.2015 |
| 1042 | 2014 | 31.12.2014 |
Historical Chart by presidents (PAB/Month)
Wages in Panama by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Juan Varela | 01.07.2014 - | 1042.0000 | 1146.0000 | 1238.0000 | 1042.0000 | 9.98% |
| Ricardo Martinelli | 01.07.2009 - 01.07.2014 | 635.0000 | 987.0000 | 987.0000 | 635.0000 | 55.43% |
| Martín Torrijos | 01.09.2004 - 01.07.2009 | 515.0000 | 608.0000 | 608.0000 | 515.0000 | 18.06% |
| Mireya Moscoso | 01.09.1999 - 01.09.2004 | 541.0000 | 508.0000 | 541.0000 | 505.0000 | -6.10% |
| Ernesto Balladares | 01.09.1994 - 01.09.1999 | 513.0000 | 538.0000 | 569.0000 | 513.0000 | 4.87% |
| Guillermo Endara | 20.12.1989 - 01.09.1994 | 486.0000 | 511.0000 | 511.0000 | 486.0000 | 5.14% |
Other labor indicators in Panama
| Index | Updated | Actual | Previous |
| Unemployment Rate | 2022 | 8.8 % | 10.3 |
Wages in other countries
| Country | Updated | Actual | Previous |
| Panama | 2021 | 1281.178 USD/Month | 1251.127 |
| Brazil | Aug/23 | 583.299 USD/Month | 581.319 |
| Chile | Jul/23 | 1127.866 USD/Month | 1122.853 |
| Argentina | Jun/23 | 1304.847 USD/Month | 865.597 |
| Canada | Jul/23 | 3492.535 USD/Month | 3497.242 |
| Ecuador | 2023 | 525 USD/Month | 525 |
| Mexico | Aug/23 | 630.058 USD/Month | 632.413 |
| Peru | Aug/23 | 509.014 USD/Month | 505.361 |
| United States | Sep/23 | 4649.6 USD/Month | 4640 |
| Uruguay | 2020 | 934.779 USD/Month | 876.975 |
| Cuba | 2021 | 148.738 USD/Month | 46.369 |
| Nicaragua | Jun/23 | 324.932 USD/Month | 324.111 |
