Relative wage of Professionals (using clerk as reference) in private in Panama

Panama: Relative wage of Professionals (using clerk as reference) in private was 1.86 in 2021. ▲ Rising

Latest (2021)
1.86
Change on year
down 0.9%
World rank
16th
of 58 countries
All-time high
2.05
in 2011
All-time low
1.38
in 2010
Years of data
19
2000–2021

Relative wage of Professionals (using clerk as reference) in private in Panama, 2000–2021

00.511.522000201020212000: 1.72001: 1.82002: 1.52003: 1.52004: 1.62005: 1.42006: 1.72007: 1.72008: 1.72009: 1.62010: 1.42011: 2.12012: 1.92015: 1.92016: 1.82017: 1.82018: 1.72019: 1.92021: 1.9

Source: World Bank.

Analysis

The most recent figure for relative wage of professionals (using clerk as reference) in private in Panama is 1.86, measured in 2021.

The figure is down 0.9% on the previous year and down 9.2% over ten years.

Over the whole period, relative wage of professionals (using clerk as reference) in private in Panama peaked at 2.05 in 2011 and was at its lowest, 1.38, in 2010.

That places Panama 16th out of 58 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently rising across the 19 years of available data.

Relative wage of Professionals (using clerk as reference) in private in Panama, year by year

Annual values for Relative wage of Professionals (using clerk as reference) in private sector in Panama, 2000 to 2021.
Year Value Change
2000 1.72 —
2001 1.8 +4.8%
2002 1.54 -14.3%
2003 1.54 +0.0%
2004 1.59 +3.2%
2005 1.4 -12.4%
2006 1.74 +24.7%
2007 1.71 -1.7%
2008 1.71 -0.1%
2009 1.59 -6.8%
2010 1.38 -13.4%
2011 2.05 +48.6%
2012 1.92 -6.5%
2015 1.86 -3.2%
2016 1.84 -1.0%
2017 1.85 +0.6%
2018 1.69 -8.6%
2019 1.88 +11.1%
2021 1.86 -0.9%

Panama compared with similar countries

  • Panama's 1.86 is above the median for high income countries, which is 1.69, 1.1× the median. (31 countries reporting)
  • Panama's 1.86 is above the median for Latin America & Caribbean, which is 1.74, 1.1× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.64 1.4 1.8 10
2010s 1.81 1.38 2.05 8
2020s 1.86 1.86 1.86 1

Countries ranked near Panama

  1. 13 Australia 1.91 compare
  2. 14 Namibia 1.89 compare
  3. 15 Colombia 1.87 compare
  4. 17 Latvia 1.86 compare
  5. 18 France 1.83 compare
  6. 19 Poland 1.83 compare

See the full ranking of 58 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is relative wage of professionals (using clerk as reference) in private in Panama?
Relative wage of professionals (using clerk as reference) in private in Panama was 1.86 in 2021, according to the World Bank.
What is the highest relative wage of professionals (using clerk as reference) in private recorded in Panama?
The highest recorded value was 2.05 in 2011.
What is the lowest relative wage of professionals (using clerk as reference) in private recorded in Panama?
The lowest recorded value was 1.38 in 2010.
How does Panama rank for relative wage of professionals (using clerk as reference) in private?
Panama ranks 16th out of 58 countries with data for 2021.
Is relative wage of professionals (using clerk as reference) in private rising or falling in Panama?
Over the last ten years it is down 9.2%. 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 Relative wage of Professionals (using clerk as reference) in private sector. Statizoid updates them automatically from the source API.

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Relative wage of Professionals (using clerk as reference) in private in Panama. Statizoid. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/relative-wage-of-professionals-using-clerk-as-reference-in-private-sector/panama/

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About this data

Indicator
Relative wage of Professionals (using clerk as reference) in private sector
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
58 places, 672 data points, 2000–2021
Last refreshed