Median earnings per month in the service sector, aged 15-64, local in Panama

Panama: Median earnings per month in the service sector, aged 15-64, local was 750.73 in 2018. ▲ Rising

Latest (2018)
750.73
Change on year
up 0.6%
World rank
47th
of 65 countries
All-time high
750.73
in 2018
All-time low
249.86
in 1989
Years of data
23
1989–2018

Median earnings per month in the service sector, aged 15-64, local in Panama, 1989–2018

2004006008001989200320181989: 249.91991: 254.91995: 249.91997: 249.91998: 259.91999: 281.12000: 299.82001: 292.32002: 287.32003: 299.82004: 299.82005: 299.82006: 312.32007: 324.82008: 374.82009: 374.82010: 4062011: 468.52012: 492.22015: 614.82016: 634.52017: 746.12018: 750.7

Source: World Bank.

Analysis

The most recent figure for median earnings per month in the service sector, aged 15-64, local in Panama is 750.73, measured in 2018. That is the highest value across all 23 years on record.

Compared with earlier readings it is up 0.6% on the previous year and up 100.3% over ten years.

Over the whole period, median earnings per month in the service sector, aged 15-64, local in Panama peaked at 750.73 in 2018 and was at its lowest, 249.86, in 1989.

Panama ranks 47th of 65 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 23 years of available data.

Median earnings per month in the service sector, aged 15-64, local in Panama, year by year

Annual values for Median earnings per month in the service sector, aged 15-64, local currency values, rural in Panama, 1989 to 2018.
Year Value Change
1989 249.86
1991 254.85 +2.0%
1995 249.86 -2.0%
1997 249.86 +0.0%
1998 259.85 +4.0%
1999 281.09 +8.2%
2000 299.83 +6.7%
2001 292.33 -2.5%
2002 287.33 -1.7%
2003 299.83 +4.3%
2004 299.83 +0.0%
2005 299.83 +0.0%
2006 312.32 +4.2%
2007 324.81 +4.0%
2008 374.78 +15.4%
2009 374.78 +0.0%
2010 406.02 +8.3%
2011 468.48 +15.4%
2012 492.22 +5.1%
2015 614.76 +24.9%
2016 634.52 +3.2%
2017 746.08 +17.6%
2018 750.73 +0.6%

Averages by decade

DecadeAverage LowestHighest Years
1980s 249.86 249.86 249.86 1
1990s 259.1 249.86 281.09 5
2000s 316.57 287.33 374.78 10
2010s 587.54 406.02 750.73 7

Countries ranked near Panama

  1. 44 Türkiye 900 compare
  2. 45 Peru 814.52 compare
  3. 46 Greece 791.67 compare
  4. 48 Estonia 672.31 compare
  5. 49 Belize 651.75 compare
  6. 50 Portugal 650 compare

See the full ranking of 65 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is median earnings per month in the service sector, aged 15-64, local in Panama?
Median earnings per month in the service sector, aged 15-64, local in Panama was 750.73 in 2018, according to the World Bank.
What is the highest median earnings per month in the service sector, aged 15-64, local recorded in Panama?
The highest recorded value was 750.73 in 2018.
What is the lowest median earnings per month in the service sector, aged 15-64, local recorded in Panama?
The lowest recorded value was 249.86 in 1989.
How does Panama rank for median earnings per month in the service sector, aged 15-64, local?
Panama ranks 47th out of 65 countries with data for 2018.
Is median earnings per month in the service sector, aged 15-64, local rising or falling in Panama?
Over the last ten years it is up 100.3%. 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 month in the service sector, aged 15-64, local currency values, rural. Statizoid updates them automatically from the source API.

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Median earnings per month in the service sector, aged 15-64, local in Panama. Statizoid. Retrieved 31 August 2026, from https://reference.statizoid.com/stat/median-earnings-per-month-in-the-service-sector-aged-15-64-local-currency-values-rural/panama/

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About this data

Indicator
Median earnings per month in the service sector, aged 15-64, local currency values, rural
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
65 places, 847 data points, 1981–2021
Last refreshed