Median earnings per hour, aged 15-24, local currency values in Panama
Panama: Median earnings per hour, aged 15-24, local currency values was 3.15 in 2018. ▲ Rising
Median earnings per hour, aged 15-24, local currency values in Panama, 1989–2018
Source: World Bank.
Analysis
Panama recorded 3.15 for median earnings per hour, aged 15-24, local currency values in 2018. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 87.8% over ten years.
Over the whole period, median earnings per hour, aged 15-24, local currency values in Panama peaked at 3.15 in 2017 and was at its lowest, 0.8626, in 1989.
That places Panama 52nd out of 71 countries with data for 2018, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Median earnings per hour, aged 15-24, local currency values in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1989 | 0.8626 | — |
| 1991 | 0.875 | +1.4% |
| 1995 | 1.04 | +19.0% |
| 1997 | 1.08 | +4.0% |
| 1998 | 1.13 | +4.2% |
| 1999 | 1.24 | +10.2% |
| 2000 | 1.3 | +4.7% |
| 2001 | 1.25 | -4.0% |
| 2002 | 1.24 | -0.8% |
| 2003 | 1.24 | +0.2% |
| 2004 | 1.3 | +4.8% |
| 2005 | 1.3 | -0.4% |
| 2006 | 1.42 | +9.6% |
| 2007 | 1.48 | +4.1% |
| 2008 | 1.68 | +13.4% |
| 2009 | 1.73 | +2.9% |
| 2010 | 1.97 | +14.1% |
| 2011 | 2.08 | +5.9% |
| 2012 | 2.34 | +12.4% |
| 2015 | 2.68 | +14.4% |
| 2016 | 3.02 | +12.6% |
| 2017 | 3.15 | +4.3% |
| 2018 | 3.15 | +0.0% |
Panama compared with similar countries
- Panama's 3.15 is below the median for high income countries, which is 5.21, 60% of the median. (34 countries reporting)
- Panama's 3.15 is below the median for Latin America & Caribbean, which is 26.75, 12% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.8626 | 0.8626 | 0.8626 | 1 |
| 1990s | 1.07 | 0.875 | 1.24 | 5 |
| 2000s | 1.39 | 1.24 | 1.73 | 10 |
| 2010s | 2.63 | 1.97 | 3.15 | 7 |
Countries ranked near Panama
More reference data data for Panama
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1446 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.6179 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.9793 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0285 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.9793 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4849 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2267 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.08 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1553 (2050)
Frequently asked questions
- What is median earnings per hour, aged 15-24, local currency values in Panama?
- Median earnings per hour, aged 15-24, local currency values in Panama was 3.15 in 2018, according to the World Bank.
- What is the highest median earnings per hour, aged 15-24, local currency values recorded in Panama?
- The highest recorded value was 3.15 in 2017.
- What is the lowest median earnings per hour, aged 15-24, local currency values recorded in Panama?
- The lowest recorded value was 0.8626 in 1989.
- How does Panama rank for median earnings per hour, aged 15-24, local currency values?
- Panama ranks 52nd out of 71 countries with data for 2018.
- Is median earnings per hour, aged 15-24, local currency values rising or falling in Panama?
- Over the last ten years it is up 87.8%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from the World Bank, published as part of Median earnings per hour, aged 15-24, local currency values. Statizoid updates them automatically from the source API.
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