Bolivia vs Panama: Average hourly earnings of employees

Bolivia
10.14 international-$ in 2021 prices
in 2024
Panama
10.32 international-$ in 2021 prices
in 2024
Bolivia rank
24th
Panama rank
22nd

Average hourly earnings of employees over time

  • Bolivia
  • Panama
24681012199120072024

How they compare

Panama currently reports 10.32 international-$ in 2021 prices against 10.14 international-$ in 2021 prices in Bolivia, a difference of 0.18 international-$ in 2021 prices.

The two have swapped places 4 times across 10 shared years of data; in 1997 it was Panama ahead.

Bolivia ranks 24th and Panama ranks 22nd of 64 countries.

Panama has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Bolivia Panama Difference Ahead
1990s 4.23 international-$ in 2021 prices 5.36 international-$ in 2021 prices 1.13 international-$ in 2021 prices Panama
2000s 2.9 international-$ in 2021 prices 4.62 international-$ in 2021 prices 1.72 international-$ in 2021 prices Panama
2020s 9.84 international-$ in 2021 prices 10.4 international-$ in 2021 prices 0.56 international-$ in 2021 prices Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher average hourly earnings of employees, Bolivia or Panama?
Panama, at 10.32 international-$ in 2021 prices against 10.14 international-$ in 2021 prices in Bolivia as of 2024.
What is the difference in average hourly earnings of employees between Bolivia and Panama?
0.18 international-$ in 2021 prices, with Panama ahead.
How many years of comparable data are there for Bolivia and Panama?
10 years are reported by both, from 1997 to 2024.
How do Bolivia and Panama rank globally for average hourly earnings of employees?
Bolivia ranks 24th and Panama ranks 22nd of 64 countries.
Where does this data come from?
International Labour Organization (2026) – with major processing by Our World in Data, published as Average hourly earnings of employees. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bolivia vs Panama: Average hourly earnings of employees. Statizoid, drawing on International Labour Organization (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/compare/average-hourly-earnings/bolivia/panama/

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About this data

Indicator
Average hourly earnings of employees
Unit
international-$ in 2021 prices
Source
International Labour Organization (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
64 places, 923 data points, 1990–2025
Last refreshed

Gross remuneration for time worked or work done, vacation, and other types of paid leave.