Malaysia vs Panama: Average hourly earnings of employees
Malaysia
10.18 international-$ in 2021 prices
in 2020
Panama
10.32 international-$ in 2021 prices
in 2024
Malaysia rank
23rd
Panama rank
22nd
Average hourly earnings of employees over time
- Malaysia
- Panama
How they compare
Panama currently reports 10.32 international-$ in 2021 prices against 10.18 international-$ in 2021 prices in Malaysia, a difference of 0.14 international-$ in 2021 prices.
The two have swapped places 2 times across 10 shared years of data; in 2011 it was Panama ahead.
Malaysia ranks 23rd and Panama ranks 22nd of 64 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Malaysia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 7.99 international-$ in 2021 prices | 8.35 international-$ in 2021 prices | 0.3633 international-$ in 2021 prices | Panama |
| 2020s | 10.18 international-$ in 2021 prices | 11.74 international-$ in 2021 prices | 1.56 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, Malaysia or Panama?
- Panama, at 10.32 international-$ in 2021 prices against 10.18 international-$ in 2021 prices in Malaysia as of 2024.
- What is the difference in average hourly earnings of employees between Malaysia and Panama?
- 0.14 international-$ in 2021 prices, with Panama ahead.
- How many years of comparable data are there for Malaysia and Panama?
- 10 years are reported by both, from 2011 to 2020.
- How do Malaysia and Panama rank globally for average hourly earnings of employees?
- Malaysia ranks 23rd and Panama ranks 22nd of 64 countries.
- Where does this data come from?
- International Labour Organization (2026) β 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.
Individual pages
About this data
Gross remuneration for time worked or work done, vacation, and other types of paid leave.