Real median earnings per hour, aged 15-24, deflated to 2010 and PPP in Panama

Panama: Real median earnings per hour, aged 15-24, deflated to 2010 and PPP was 0.0492 in 2018. ▲ Rising

Latest (2018)
0.0492
Change on year
down 0.8%
World rank
15th
of 67 countries
All-time high
0.0496
in 2017
All-time low
0.0242
in 1991
Years of data
21
1991–2018

Real median earnings per hour, aged 15-24, deflated to 2010 and PPP in Panama, 1991–2018

00.010.020.030.040.051991200420181991: 0.0241995: 0.0271997: 0.0281998: 0.0291999: 0.0312000: 0.0322001: 0.0312002: 0.032003: 0.032004: 0.0322005: 0.0312006: 0.0332007: 0.0332008: 0.0342009: 0.0342010: 0.0382011: 0.0382015: 0.0432016: 0.0482017: 0.052018: 0.049

Source: World Bank.

Analysis

The most recent figure for real median earnings per hour, aged 15-24, deflated to 2010 and ppp in Panama is 0.0492, measured in 2018.

That represents a change of down 0.8% on the previous year and up 44.6% over ten years.

Over the whole period, real median earnings per hour, aged 15-24, deflated to 2010 and ppp in Panama peaked at 0.0496 in 2017 and was at its lowest, 0.0242, in 1991.

Panama ranks 15th of 67 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 21 years of available data.

Real median earnings per hour, aged 15-24, deflated to 2010 and PPP in Panama, year by year

Annual values for Real median earnings per hour, aged 15-24, deflated to 2010 and PPP adjusted in Panama, 1991 to 2018.
Year Value Change
1991 0.0242
1995 0.0273 +13.1%
1997 0.0277 +1.4%
1998 0.0287 +3.6%
1999 0.0312 +8.8%
2000 0.0322 +3.2%
2001 0.0308 -4.3%
2002 0.0304 -1.3%
2003 0.0303 -0.4%
2004 0.0315 +4.0%
2005 0.0306 -2.9%
2006 0.0328 +7.3%
2007 0.0326 -0.6%
2008 0.034 +4.3%
2009 0.0342 +0.4%
2010 0.0377 +10.3%
2011 0.0378 +0.2%
2015 0.0429 +13.7%
2016 0.048 +11.8%
2017 0.0496 +3.4%
2018 0.0492 -0.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0278 0.0242 0.0312 5
2000s 0.032 0.0303 0.0342 10
2010s 0.0442 0.0377 0.0496 6

Countries ranked near Panama

  1. 12 Slovakia 0.0543 compare
  2. 13 Germany 0.0542 compare
  3. 14 Slovenia 0.0521 compare
  4. 16 Portugal 0.0407 compare
  5. 17 Jordan 0.0399 compare
  6. 18 Estonia 0.0392 compare

See the full ranking of 67 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is real median earnings per hour, aged 15-24, deflated to 2010 and ppp in Panama?
Real median earnings per hour, aged 15-24, deflated to 2010 and ppp in Panama was 0.0492 in 2018, according to the World Bank.
What is the highest real median earnings per hour, aged 15-24, deflated to 2010 and ppp recorded in Panama?
The highest recorded value was 0.0496 in 2017.
What is the lowest real median earnings per hour, aged 15-24, deflated to 2010 and ppp recorded in Panama?
The lowest recorded value was 0.0242 in 1991.
How does Panama rank for real median earnings per hour, aged 15-24, deflated to 2010 and ppp?
Panama ranks 15th out of 67 countries with data for 2018.
Is real median earnings per hour, aged 15-24, deflated to 2010 and ppp rising or falling in Panama?
Over the last ten years it is up 44.6%. 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 Real median earnings per hour, aged 15-24, deflated to 2010 and PPP adjusted. Statizoid updates them automatically from the source API.

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Real median earnings per hour, aged 15-24, deflated to 2010 and PPP in Panama. Statizoid. Retrieved 25 August 2026, from https://reference.statizoid.com/stat/real-median-earnings-per-hour-aged-15-24-deflated-to-2010-and-ppp-adjusted/panama/

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About this data

Indicator
Real median earnings per hour, aged 15-24, deflated to 2010 and PPP adjusted
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
67 places, 885 data points, 1990–2021
Last refreshed