Wages in Panama increased to 1288 PAB/Month in 2023 from 1275 PAB/Month in 2022. Wages in Panama averaged 634.60 PAB/Month from 1970 until 2023, reaching an all time high of 1422.00 PAB/Month in 2018 and a record low of 198.00 PAB/Month in 1970. source: Instituto Nacional de Estadística y Censo - Panamá




Related Last Previous Unit Reference
Minimum Wages 2.91 2.91 PAB/Hour Jan 2024
Population 4.46 4.40 Million Dec 2023
Unemployment Rate 7.70 10.30 percent Dec 2023
Wages 1288.00 1275.00 PAB/Month Dec 2023

Panama Average Monthly Wages
Actual Previous Highest Lowest Dates Unit Frequency
1288.00 1275.00 1422.00 198.00 1970 - 2023 PAB/Month Yearly