Panama Monthly Earnings
1970 - 2023 | Yearly | USD | CEIC Data
Key information about Panama Monthly Earnings
- Panama Monthly Earnings stood at 1,288 USD in Aug 2023, compared with the previous figure of 1,287 USD in Aug 2022
- Panama Monthly Earnings data is updated yearly, available from Aug 1970 to Aug 2023, with an average number of 520 USD
- The data reached the an all-time high of 1,422 USD in Aug 2018 and a record low of 198 USD in Aug 1970
CEIC converts Monthly Earnings into USD. The National Institute of Statistics and Census provides Average Monthly Earnings in local currency. The International Monetary Fund average market exchange rate is used for currency conversions. Monthly Earnings are in annual frequency, ending in August of each year.
Further information about Panama Monthly Earnings
- In the latest reports, Panama Population reached 5 million people in Jun 2024
- Unemployment Rate of Panama dropped to 7 % in Aug 2023
- The country's Labour Force Participation Rate increased to 62 % in Aug 2023
View Panama's Monthly Earnings from 1970 to 2023 in the chart:
What was Panama's Monthly Earnings in 2023?
Panama Monthly Earnings stood at 1,288 USD in Aug 2023, compared with the previous figure of 1,287 USD in Aug 2022 See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1,288 2023 | 1,287 2022 | 198 1970 | 1,422 2018 | USD | yearly | 1970 - 2023 |
Monthly Earnings by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD) | 1,071 Sep 2024 | quarterly | Sep 1996 - Sep 2024 |
| Algeria (USD) | 317 2021 | yearly | 2009 - 2021 |
| Armenia (USD) | 692 Jun 2023 | monthly | Jan 2002 - Jun 2023 |
| Australia (USD) | 3,744 Nov 2023 | semiannually | May 2012 - Nov 2023 |
| Austria (USD) | 3,306 2022 | yearly | 1997 - 2022 |
| Azerbaijan (USD) | 586 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Bahrain (USD) | 739 Sep 2011 | quarterly | Mar 2004 - Sep 2011 |
| Belarus (USD) | 687 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| Belgium (USD) | 4,645 2021 | yearly | 1999 - 2021 |
| Bolivia (USD) | 732 2023 | yearly | 1996 - 2023 |
| Bosnia and Herzegovina (USD) | 1,224 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
| Botswana (USD) | 519 Dec 2022 | quarterly | Sep 2007 - Dec 2022 |
| Brazil (USD) | 589 May 2023 | monthly | Mar 2012 - May 2023 |
| Bulgaria (USD) | 1,309 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Canada (USD) | 3,735 Oct 2024 | monthly | Jan 1991 - Oct 2024 |
| China (USD) | 1,392 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Colombia (USD) | 281 2021 | yearly | 2019 - 2021 |
| Croatia (USD) | 1,696 Apr 2023 | monthly | Jan 2015 - Apr 2023 |
| Cyprus (USD) | 2,664 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
| Czech Republic (USD) | 1,978 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
| Denmark (USD) | 6,905 2023 | yearly | 2009 - 2023 |
| Ecuador (USD) | 444 Dec 2019 | quarterly | Jun 2007 - Dec 2019 |
| Egypt (USD) | 163 2023 | yearly | 1999 - 2023 |
| Estonia (USD) | 2,205 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Finland (USD) | 4,361 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Georgia (USD) | 758 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Germany (USD) | 5,010 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Ghana (USD) | 242 2015 | yearly | 2013 - 2015 |
| Greece (USD) | 1,821 Mar 2013 | quarterly | Mar 1999 - Mar 2013 |
| Hong Kong SAR, China (USD) | 2,427 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Hungary (USD) | 1,759 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Iceland (USD) | 6,909 2023 | yearly | 1998 - 2023 |
| Indonesia (USD) | 187 2024 | yearly | 1991 - 2024 |
| Ireland (USD) | 4,200 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Israel (USD) | 3,658 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
| Italy (USD) | 3,941 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Japan (USD) | 1,990 Nov 2024 | monthly | Jan 1971 - Nov 2024 |
| Jordan (USD) | 770 2021 | yearly | 2000 - 2021 |
| Kazakhstan (USD) | 782 May 2023 | monthly | Sep 2000 - May 2023 |
| Kenya (USD) | 590 2023 | yearly | 1997 - 2023 |
| South Korea (USD) | 2,879 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
| Kosovo (USD) | 744 Sep 2024 | monthly | Jan 2004 - Sep 2024 |
| Kyrgyzstan (USD) | 357 Apr 2023 | monthly | Jan 1999 - Apr 2023 |
| Latvia (USD) | 1,849 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Lithuania (USD) | 2,459 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Luxembourg (USD) | 6,791 2023 | yearly | 2005 - 2023 |
| Macau SAR, China (USD) | 2,241 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| North Macedonia (USD) | 1,126 Oct 2024 | monthly | Dec 2003 - Oct 2024 |
| Malaysia (USD) | 779 Nov 2024 | monthly | Jan 2013 - Nov 2024 |
| Malta (USD) | 2,158 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Mauritius (USD) | 873 2023 | yearly | 2000 - 2023 |
| Mexico (USD) | 870 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Moldova (USD) | 802 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
| Mongolia (USD) | 733 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Montenegro (USD) | 1,256 Nov 2024 | monthly | Jan 2004 - Nov 2024 |
| Netherlands (USD) | 2,994 2022 | yearly | 2006 - 2022 |
| New Zealand (USD) | 3,962 Sep 2024 | quarterly | Mar 1989 - Sep 2024 |
| Norway (USD) | 5,336 2023 | yearly | 2015 - 2023 |
| Pakistan (USD) | 150 2021 | yearly | 2008 - 2021 |
| Panama (USD) | 1,288 2023 | yearly | 1970 - 2023 |
| Paraguay (USD) | 387 Sep 2024 | quarterly | Mar 2017 - Sep 2024 |
| Peru (USD) | 566 Dec 2024 | monthly | Mar 2001 - Dec 2024 |
| Poland (USD) | 2,080 Nov 2024 | monthly | Oct 1994 - Nov 2024 |
| Portugal (USD) | 1,438 2022 | yearly | 1995 - 2022 |
| Qatar (USD) | 3,444 2023 | yearly | 2006 - 2023 |
| Romania (USD) | 1,884 Nov 2024 | monthly | Jan 1991 - Nov 2024 |
| Russia (USD) | 901 Oct 2024 | monthly | Jun 1992 - Oct 2024 |
| Saudi Arabia (USD) | 754 2018 | yearly | 1995 - 2018 |
| Serbia (USD) | 1,269 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Singapore (USD) | 4,654 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Slovakia (USD) | 1,631 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Slovenia (USD) | 2,602 Oct 2024 | monthly | Jan 1998 - Oct 2024 |
| South Africa (USD) | 1,547 Aug 2024 | quarterly | Nov 2004 - Aug 2024 |
| Spain (USD) | 2,545 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Sweden (USD) | 4,716 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
| Switzerland (USD) | 6,641 2023 | yearly | 1991 - 2023 |
| Syria (USD) | 81 2020 | yearly | 1993 - 2020 |
| Taiwan (USD) | 1,716 Nov 2024 | monthly | Oct 1983 - Nov 2024 |
| Tajikistan (USD) | 243 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
| Thailand (USD) | 470 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
| Ukraine (USD) | 521 Jan 2022 | monthly | Jan 2002 - Jan 2022 |
| United Arab Emirates (USD) | 2,113 2016 | yearly | 1988 - 2016 |
| United Kingdom (USD) | 3,683 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| United States (USD) | 4,897 Dec 2024 | monthly | Mar 2006 - Dec 2024 |
| Uruguay (USD) | 2,163 2022 | yearly | 1998 - 2022 |
| Uzbekistan (USD) | 388 2023 | yearly | 2017 - 2023 |
| Vietnam (USD) | 331 Jun 2023 | quarterly | Mar 2011 - Jun 2023 |
| Zambia (USD) | 211 2021 | yearly | 2017 - 2021 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doPanama Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.0 2023 | yearly | 2003 - 2023 |
| Consolidated Fiscal Balance (USD mn) | -2,462.500 2023 | yearly | 2003 - 2023 |
| Tax Revenue (USD mn) | 383.621 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Tax Revenue: % of GDP (%) | 5.5 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| National Government Debt (USD mn) | 53,736.7 Dec 2024 | monthly | Jul 2004 - Dec 2024 |
| Government Debt: % of GDP (%) | 61.6 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
| Forecast: Government Expenditure (PAB bn) | 23.007 2029 | yearly | 1994 - 2029 |
| Forecast: Government Net Debt (PAB bn) | 59.883 2029 | yearly | 1994 - 2029 |
| Forecast: Government Revenue (PAB bn) | 21.105 2029 | yearly | 1994 - 2029 |
| Central Government Revenue: Current Revenue (PAB th) | 473,743.679 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Central Government Revenue: Current Revenue: Tax (PAB th) | 383,621.030 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) | 185,808.129 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Public Debt: Domestic (USD mn) | 9,460.795 Dec 2024 | monthly | Jul 2004 - Dec 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.314 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -994.3 Nov 2024 | monthly | Jan 1964 - Nov 2024 |
| Total Exports (USD mn) | 145.2 Feb 2023 | monthly | Jan 2000 - Feb 2023 |
| Total Exports Growth (%) | 38.3 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
| Aluminum: Exports (USD th) | 6,067.531 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 329,464.345 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 10,079.101 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 1,063.8 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Total Imports Growth (%) | 3.6 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
| Imports: Medicament (USD th) | 1,071,085.390 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 333,744.579 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 33.249 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
| Total Imports from USA (USD mn) | 204.656 Sep 2024 | monthly | Jan 1967 - Sep 2024 |
| Total Exports to China (USD mn) | 1,072.958 2021 | yearly | 1999 - 2021 |
| Total Imports from China (USD mn) | 225.157 Sep 2024 | monthly | Mar 1989 - Sep 2024 |
| Exports: FOB: Prawn (PAB th) | 8,396.849 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Exports: FOB: Banana (PAB th) | 16,543.621 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Exports: FOB: Seafood Products (PAB th) | 7,133.573 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Exports: FOB (PAB th) | 69,486.736 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Exports: FOB: America: NAFTA: Mexico (PAB th) | 30,335.000 2021 | yearly | 1999 - 2021 |
| Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) | 6,147.94 Apr 2018 | monthly | Jan 2017 - Apr 2018 |
| Exports: FOB: Raw Wood (PAB th) | 7,428.13 Apr 2018 | monthly | Jan 2017 - Apr 2018 |
| Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) | 48,718.000 2021 | yearly | 1999 - 2021 |
| Export Value Index (2015=100) | 115.979 2021 | yearly | 1981 - 2021 |
| Import Value Index (2015=100) | 91.522 2021 | yearly | 1981 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 52.0 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| Current Account Balance (USD mn) | 824.1 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
| Current Account Balance: % of GDP (%) | 3.9 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Foreign Direct Investment (USD mn) | 726.8 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
| Foreign Direct Investment: % of GDP (%) | 3.5 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Foreign Portfolio Investment (USD mn) | -361.598 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| Foreign Portfolio Investment: % of GDP (%) | -1.7 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -361.598 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| External Debt (USD mn) | 44,275.9 Dec 2024 | monthly | Jul 2004 - Dec 2024 |
| External Debt: % of GDP (%) | 167.4 2021 | yearly | 2014 - 2021 |
| External Debt: Short Term (USD mn) | 39,768.7 Dec 2021 | quarterly | Sep 2014 - Dec 2021 |
| External Debt: Short Term: % of GDP (%) | 59.0 2021 | yearly | 1970 - 2021 |
| Forecast: Current Account Balance (USD bn) | -2.904 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD mn) | -78,418.321 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| BoP: CA: Goods: Credit (PAB mn) | 4,331.072 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| Balance of Payment (BoP): Current Account (CA) (PAB mn) | 824.140 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: Capital Account: Debit (PAB mn) | 0.000 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Goods (PAB mn) | -1,502.437 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Services (PAB mn) | 3,683.629 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: Financing: Reserve Assets (PAB mn) | -5.330 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: FA: Portfolio Investment: Assets (PAB mn) | 924.830 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Services: Credit (PAB mn) | 5,032.566 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Services: Debit (PAB mn) | -1,348.937 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: FA: Portfolio Investment: Liabilities (PAB mn) | -361.598 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Income (PAB mn) | -1,297.490 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: Capital Account: Credit (PAB mn) | 2.333 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: FA: Direct Investment (PAB mn) | 674.772 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: Financial Account (FA) (PAB mn) | 1,446.866 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Goods: Debit (PAB mn) | -5,833.509 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: Capital Account (PAB mn) | 2.333 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: Net Errors and Omissions (PAB mn) | -2,237.755 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Income: Credit (PAB mn) | 1,000.008 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Income: Debit (PAB mn) | -2,297.497 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| International Investment Position (IIP) (USD mn) | -78,418.321 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
| IIP: Liabilities (USD mn) | 181,645.968 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
| IIP: Assets (USD mn) | 103,227.647 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
| Foreign Direct Investment (FDI) (PAB mn) | 726.814 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.6 Oct 2024 | monthly | Dec 2008 - Oct 2024 |
| Household Debt: % of GDP (%) | 38.3 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
| Non-Performing Loans (USD mn) | 1,559.690 Oct 2024 | monthly | Dec 2008 - Oct 2024 |
| Money Supply M1 (USD mn) | 8,471.220 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
| Money Supply M2 (USD mn) | 41,589.720 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
| M2 Growth (%) | 9.8 Sep 2024 | monthly | Dec 2003 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 5,684.4 Oct 2024 | monthly | Oct 1969 - Oct 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 5.697 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.2 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Gold Reserves (USD mn) | 0.000 Mar 2024 | monthly | Sep 1969 - Mar 2024 |
| Total Deposits (USD mn) | 107,402.904 Nov 2024 | monthly | Dec 1998 - Nov 2024 |
| Total Deposits Growth (%) | 3.1 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Domestic Credit (USD mn) | 64,183.2 Nov 2024 | monthly | Dec 2001 - Nov 2024 |
| Domestic Credit Growth (%) | 5.3 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
| Household Debt (USD mn) | 32,710.8 Oct 2024 | monthly | Oct 2005 - Oct 2024 |
| Total Loans (USD mn) | 97,213.172 Nov 2024 | monthly | Dec 1998 - Nov 2024 |
| Total Loans Growth (%) | 8.23 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Private Debt: % of Nominal GDP (%) | 69.77 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
| Money Supply: M3 (PAB mn) | 41,589.720 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
| LC: National Banking System: Private Sector: Mortgage (PAB mn) | 21,071.440 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
More Indicators for Panama
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.