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 0.146 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.

Individual pages

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: 07 August 2026

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