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Panama Hourly earnings 2026: Interactive Chart & Historical Data

Hourly earnings in Panama stood at 5.416 local currency in 2025, according to ILO ILOSTAT. The latest value is up 2.6% from 5.277 local currency in 2024. Ten years earlier, in 2015, the value was 4.217 local currency (up 28% since). The highest value since 1989 was 6.605 local currency in 2021, the lowest 2 local currency in 1989. Panama ranked 42nd highest of the 45 countries in this dataset in 2024; Vietnam ranked first.

Data source: ILO ILOSTAT · Unit: local currency · Category: Labor and Employment · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1969–2025

Key facts

What is the latest Hourly earnings in Panama?

Hourly earnings in Panama stood at 5.416 local currency in 2025, according to ILO ILOSTAT.

Is Hourly earnings in Panama rising or falling?

The latest value is up 2.6% from 5.277 local currency in 2024. Ten years earlier, in 2015, the value was 4.217 local currency (up 28% since).

How does Panama rank for Hourly earnings?

Panama ranked 42nd highest of the 45 countries in this dataset in 2024; Vietnam ranked first.

What is the highest Hourly earnings on record in Panama?

The highest value since 1989 was 6.605 local currency in 2021, the lowest 2 local currency in 1989.

Metadata for Hourly earnings in Panama
IndicatorHourly earnings
CountryPanama
CategoryLabor and Employment
Unitlocal currency
SourceILO ILOSTAT
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 5.416 local currency (2025)

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Source:International Labour Organization via ILO ILOSTAT — series EAR_EHRA_SEX_CUR_NB_A
License:CC BY 4.0
Cite this chart
APA

International Labour Organization. (2026). Hourly earnings — Panama [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/hourly-earnings/PAN. Original source: https://rplumber.ilo.org/data/indicator/?id=EAR_EHRA_SEX_CUR_NB_A&lang=en&type=label&format=.csv

MLA

International Labour Organization. "Hourly earnings — Panama." EconDash, 2026, https://econdash.org/chart/hourly-earnings/PAN. Accessed 13 Nov. 2026. Original source: https://rplumber.ilo.org/data/indicator/?id=EAR_EHRA_SEX_CUR_NB_A&lang=en&type=label&format=.csv.

Chicago

International Labour Organization. 2026. "Hourly earnings — Panama." EconDash. Accessed November 13, 2026. https://econdash.org/chart/hourly-earnings/PAN. Original source: https://rplumber.ilo.org/data/indicator/?id=EAR_EHRA_SEX_CUR_NB_A&lang=en&type=label&format=.csv.

BibTeX
@misc{econdash_hourly_earnings_pan,
  author = {{International Labour Organization}},
  title = {{Hourly earnings --- Panama}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/hourly-earnings/PAN},
  note = {Accessed: 2026-11-13. Original source: https://rplumber.ilo.org/data/indicator/?id=EAR\_EHRA\_SEX\_CUR\_NB\_A\&lang=en\&type=label\&format=.csv}
}