Median earnings per hour, aged 15-64, deflated to 2010 local currency in Panama

Panama: Median earnings per hour, aged 15-64, deflated to 2010 local currency was 0.0311 in 2018. ▲ Rising

Latest (2018)
0.0311
Change on year
up 6.7%
World rank
50th
of 63 countries
All-time high
0.0311
in 2018
All-time low
0.0169
in 2005
Years of data
22
1989–2018

Median earnings per hour, aged 15-64, deflated to 2010 local currency in Panama, 1989–2018

00.010.020.031989200320181989: 0.0191991: 0.0191995: 0.0171997: 0.0181998: 0.0171999: 0.0182000: 0.0192001: 0.0172002: 0.0172003: 0.0172004: 0.0182005: 0.0172006: 0.0182007: 0.0182008: 0.0182009: 0.0182010: 0.0192011: 0.0222015: 0.0252016: 0.0272017: 0.0292018: 0.031

Source: World Bank.

Analysis

In 2018, median earnings per hour, aged 15-64, deflated to 2010 local currency in Panama stood at 0.0311. That is the highest value across all 22 years on record.

That represents a change of up 6.7% on the previous year and up 76.7% over ten years.

Over the whole period, median earnings per hour, aged 15-64, deflated to 2010 local currency in Panama peaked at 0.0311 in 2018 and was at its lowest, 0.0169, in 2005.

That places Panama 50th out of 63 countries with data for 2018, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 22 years of available data.

Median earnings per hour, aged 15-64, deflated to 2010 local currency in Panama, year by year

Annual values for Median earnings per hour, aged 15-64, deflated to 2010 local currency values, rural in Panama, 1989 to 2018.
Year Value Change
1989 0.0186
1991 0.0191 +2.9%
1995 0.0174 -9.0%
1997 0.0176 +1.1%
1998 0.0175 -0.5%
1999 0.0182 +3.8%
2000 0.019 +4.4%
2001 0.0172 -9.4%
2002 0.0173 +0.9%
2003 0.0173 -0.3%
2004 0.0177 +2.2%
2005 0.0169 -4.1%
2006 0.0175 +3.6%
2007 0.0175 -0.0%
2008 0.0176 +0.2%
2009 0.0179 +1.5%
2010 0.0192 +7.4%
2011 0.0216 +12.5%
2015 0.0252 +16.8%
2016 0.0267 +6.0%
2017 0.0291 +9.0%
2018 0.0311 +6.7%

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.0186 0.0186 0.0186 1
1990s 0.0179 0.0174 0.0191 5
2000s 0.0176 0.0169 0.019 10
2010s 0.0255 0.0192 0.0311 6

Countries ranked near Panama

  1. 47 Peru 0.0352 compare
  2. 48 Türkiye 0.0348 compare
  3. 49 Czechia 0.0339 compare
  4. 51 Latvia 0.029 compare
  5. 52 Croatia 0.0288 compare
  6. 53 Poland 0.024 compare

See the full ranking of 63 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is median earnings per hour, aged 15-64, deflated to 2010 local currency in Panama?
Median earnings per hour, aged 15-64, deflated to 2010 local currency in Panama was 0.0311 in 2018, according to the World Bank.
What is the highest median earnings per hour, aged 15-64, deflated to 2010 local currency recorded in Panama?
The highest recorded value was 0.0311 in 2018.
What is the lowest median earnings per hour, aged 15-64, deflated to 2010 local currency recorded in Panama?
The lowest recorded value was 0.0169 in 2005.
How does Panama rank for median earnings per hour, aged 15-64, deflated to 2010 local currency?
Panama ranks 50th out of 63 countries with data for 2018.
Is median earnings per hour, aged 15-64, deflated to 2010 local currency rising or falling in Panama?
Over the last ten years it is up 76.7%. 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 15-64, deflated to 2010 local currency values, rural. Statizoid updates them automatically from the source API.

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Median earnings per hour, aged 15-64, deflated to 2010 local currency in Panama. Statizoid. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/median-earnings-per-hour-aged-15-64-deflated-to-2010-local-currency-values-rural/panama/

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About this data

Indicator
Median earnings per hour, aged 15-64, deflated to 2010 local currency values, rural
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
63 places, 848 data points, 1981–2021
Last refreshed