Median earnings per hour, aged 15-64, local currency values, total in Panama
Panama: Median earnings per hour, aged 15-64, local currency values, total was 3.78 in 2018. ▲ Rising
Median earnings per hour, aged 15-64, local currency values, total in Panama, 1989–2018
Source: World Bank.
Analysis
In 2018, median earnings per hour, aged 15-64, local currency values, total in Panama stood at 3.78. That is the highest value across all 23 years on record.
That represents a change of up 0.6% on the previous year and up 89.0% over ten years.
Over the whole period, median earnings per hour, aged 15-64, local currency values, total in Panama peaked at 3.78 in 2018 and was at its lowest, 1.56, in 1989.
Panama ranks 61st of 76 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Median earnings per hour, aged 15-64, local currency values, total in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1989 | 1.56 | — |
| 1991 | 1.56 | +0.0% |
| 1995 | 1.56 | +0.0% |
| 1997 | 1.56 | +0.0% |
| 1998 | 1.56 | +0.0% |
| 1999 | 1.64 | +4.8% |
| 2000 | 1.71 | +4.4% |
| 2001 | 1.59 | -6.7% |
| 2002 | 1.6 | +0.4% |
| 2003 | 1.62 | +1.1% |
| 2004 | 1.67 | +3.1% |
| 2005 | 1.7 | +1.9% |
| 2006 | 1.76 | +3.5% |
| 2007 | 1.86 | +6.0% |
| 2008 | 2 | +7.3% |
| 2009 | 2.08 | +4.2% |
| 2010 | 2.34 | +12.5% |
| 2011 | 2.5 | +6.7% |
| 2012 | 2.7 | +7.8% |
| 2015 | 3.25 | +20.6% |
| 2016 | 3.62 | +11.5% |
| 2017 | 3.76 | +3.7% |
| 2018 | 3.78 | +0.6% |
Panama compared with similar countries
- Panama's 3.78 is below the median for high income countries, which is 11.63, 32% of the median. (37 countries reporting)
- Panama's 3.78 is below the median for Latin America & Caribbean, which is 31.49, 12% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.56 | 1.56 | 1.56 | 1 |
| 1990s | 1.58 | 1.56 | 1.64 | 5 |
| 2000s | 1.76 | 1.59 | 2.08 | 10 |
| 2010s | 3.14 | 2.34 | 3.78 | 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 15-64, local currency values, total in Panama?
- Median earnings per hour, aged 15-64, local currency values, total in Panama was 3.78 in 2018, according to the World Bank.
- What is the highest median earnings per hour, aged 15-64, local currency values, total recorded in Panama?
- The highest recorded value was 3.78 in 2018.
- What is the lowest median earnings per hour, aged 15-64, local currency values, total recorded in Panama?
- The lowest recorded value was 1.56 in 1989.
- How does Panama rank for median earnings per hour, aged 15-64, local currency values, total?
- Panama ranks 61st out of 76 countries with data for 2018.
- Is median earnings per hour, aged 15-64, local currency values, total rising or falling in Panama?
- Over the last ten years it is up 89.0%. 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, local currency values, total. Statizoid updates them automatically from the source API.
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