Panama Monthly Earnings

1970 - 2022 | Yearly | USD | CEIC Data

Key information about Panama Monthly Earnings

  • Panama Monthly Earnings stood at 1,281 USD in Aug 2022, compared with the previous figure of 1,279 USD in Aug 2021
  • Panama Monthly Earnings data is updated yearly, available from Aug 1970 to Aug 2022, with an average number of 519 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 2022 in the chart:

Panama Monthly Earnings

What was Panama's Monthly Earnings in 2022?

Panama Monthly Earnings stood at 1,281 USD in Aug 2022, compared with the previous figure of 1,279 USD in Aug 2021 See the table below for more data.

Last Previous Min Max Unit Frequency Range
1,281 2022 1,279 2021 198 1970 1,422 2018 USD yearly 1970 - 2022

Monthly Earnings by Country Comparison

country/region Last Frequency Range
Albania (USD) 893 Mar 2024 quarterly Sep 1996 - Mar 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) 590 Jul 2024 monthly Jan 1995 - Jul 2024
Bahrain (USD) 739 Sep 2011 quarterly Mar 2004 - Sep 2011
Belarus (USD) 742 Aug 2024 monthly Jan 1994 - Aug 2024
Belgium (USD) 4,645 2021 yearly 1999 - 2021
Bolivia (USD) 732 2023 yearly 1996 - 2023
Bosnia and Herzegovina (USD) 1,198 Jul 2024 monthly Jan 2003 - Jul 2024
Botswana (USD) 519 Dec 2022 quarterly Sep 2007 - Dec 2022
Brazil (USD) 589 May 2023 monthly Mar 2012 - May 2023
Bulgaria (USD) 1,252 Jun 2024 monthly Jan 2000 - Jun 2024
Canada (USD) 3,657 Jun 2024 monthly Jan 1991 - Jun 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) 2,631 Mar 2024 quarterly Mar 2003 - Mar 2024
Czech Republic (USD) 1,978 Jun 2024 quarterly Mar 1998 - Jun 2024
Denmark (USD) 6,909 2023 yearly 2009 - 2023
Ecuador (USD) 444 Dec 2019 quarterly Jun 2007 - Dec 2019
Egypt (USD) 219 2022 yearly 1999 - 2022
Estonia (USD) 2,274 Jun 2024 monthly Jan 2000 - Jun 2024
Finland (USD) 4,361 Mar 2024 quarterly Mar 2000 - Mar 2024
Georgia (USD) 728 Mar 2024 quarterly Mar 2007 - Mar 2024
Germany (USD) 4,811 Jun 2024 quarterly Mar 1991 - Jun 2024
Ghana (USD) 242 2015 yearly 2013 - 2015
Greece (USD) 1,821 Mar 2013 quarterly Mar 1999 - Mar 2013
Hong Kong SAR, China (USD) 2,395 Jun 2024 quarterly Mar 1999 - Jun 2024
Hungary (USD) 1,787 Jul 2024 monthly Jan 2002 - Jul 2024
Iceland (USD) 6,909 2023 yearly 1998 - 2023
Indonesia (USD) 190 2023 yearly 1991 - 2023
Ireland (USD) 4,148 Jun 2024 quarterly Mar 2008 - Jun 2024
Israel (USD) 3,685 Jul 2024 monthly Jan 2005 - Jul 2024
Italy (USD) 3,732 Jun 2024 quarterly Mar 1980 - Jun 2024
Japan (USD) 2,028 Aug 2024 monthly Jan 1971 - Aug 2024
Jordan (USD) 770 2021 yearly 2000 - 2021
Kazakhstan (USD) 782 May 2023 monthly Sep 2000 - May 2023
Kenya (USD) 634 2021 yearly 1997 - 2021
South Korea (USD) 3,080 Jul 2024 monthly Jan 2008 - Jul 2024
Kosovo (USD) 727 Jun 2024 monthly Jan 2004 - Jun 2024
Kyrgyzstan (USD) 357 Apr 2023 monthly Jan 1999 - Apr 2023
Latvia (USD) 1,792 Jun 2024 monthly Jan 1997 - Jun 2024
Lithuania (USD) 2,365 Jun 2024 quarterly Mar 2000 - Jun 2024
Luxembourg (USD) 6,791 2023 yearly 2005 - 2023
Macau SAR, China (USD) 2,235 Jun 2024 quarterly Mar 1996 - Jun 2024
North Macedonia (USD) 1,085 Jul 2024 monthly Dec 2003 - Jul 2024
Malaysia (USD) 774 Aug 2024 monthly Jan 2013 - Aug 2024
Malta (USD) 2,093 Mar 2024 quarterly Dec 2000 - Mar 2024
Mauritius (USD) 873 2023 yearly 2000 - 2023
Mexico (USD) 890 Sep 2024 monthly Jan 2000 - Sep 2024
Moldova (USD) 792 Jun 2024 quarterly Mar 2015 - Jun 2024
Mongolia (USD) 673 Mar 2024 quarterly Dec 2000 - Mar 2024
Montenegro (USD) 1,190 Aug 2024 monthly Jan 2004 - Aug 2024
Netherlands (USD) 2,994 2022 yearly 2006 - 2022
New Zealand (USD) 3,904 Jun 2024 quarterly Mar 1989 - Jun 2024
Norway (USD) 5,336 2023 yearly 2015 - 2023
Pakistan (USD) 150 2021 yearly 2008 - 2021
Panama (USD) 1,281 2022 yearly 1970 - 2022
Paraguay (USD) 380 Jun 2024 quarterly Mar 2017 - Jun 2024
Peru (USD) 536 Aug 2024 monthly Mar 2001 - Aug 2024
Poland (USD) 2,099 Aug 2024 monthly Oct 1994 - Aug 2024
Portugal (USD) 1,531 2021 yearly 1995 - 2021
Qatar (USD) 3,444 2023 yearly 2006 - 2023
Romania (USD) 1,868 Aug 2024 monthly Jan 1991 - Aug 2024
Russia (USD) 973 Jul 2024 monthly Jun 1992 - Jul 2024
Saudi Arabia (USD) 754 2018 yearly 1995 - 2018
Serbia (USD) 1,252 Jul 2024 monthly Jan 2000 - Jul 2024
Singapore (USD) 4,813 Jun 2024 quarterly Mar 1995 - Jun 2024
Slovakia (USD) 1,636 Jun 2024 quarterly Mar 1993 - Jun 2024
Slovenia (USD) 2,581 Jul 2024 monthly Jan 1998 - Jul 2024
South Africa (USD) 1,467 May 2024 quarterly Nov 2004 - May 2024
Spain (USD) 2,467 Jun 2024 quarterly Mar 2000 - Jun 2024
Sweden (USD) 4,619 Jul 2024 monthly Jan 1996 - Jul 2024
Switzerland (USD) 6,641 2023 yearly 1991 - 2023
Syria (USD) 81 2020 yearly 1993 - 2020
Taiwan (USD) 1,843 Aug 2024 monthly Oct 1983 - Aug 2024
Tajikistan (USD) 241 Jun 2024 monthly Jan 1996 - Jun 2024
Thailand (USD) 434 Jul 2024 monthly Jan 2001 - Jul 2024
Ukraine (USD) 521 Jan 2022 monthly Jan 2002 - Jan 2022
United Arab Emirates (USD) 2,113 2016 yearly 1988 - 2016
United Kingdom (USD) 3,547 Jul 2024 monthly Jan 2000 - Jul 2024
United States (USD) 4,837 Sep 2024 monthly Mar 2006 - Sep 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

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Panama 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) 324.482 Aug 2024 monthly Jan 1995 - Aug 2024
Tax Revenue: % of GDP (%) 6.7 Jun 2024 quarterly Mar 2007 - Jun 2024
National Government Debt (USD mn) 51,860.5 Jul 2024 monthly Jul 2004 - Jul 2024
Government Debt: % of GDP (%) 61.2 Jun 2024 quarterly Dec 2007 - Jun 2024
Forecast: Government Expenditure (PAB bn) 22.672 2029 yearly 1994 - 2029
Forecast: Government Net Debt (PAB bn) 53.964 2028 yearly 1994 - 2028
Forecast: Government Revenue (PAB bn) 20.911 2029 yearly 1994 - 2029
Central Government Revenue: Current Revenue (PAB th) 416,985.014 Aug 2024 monthly Jan 1995 - Aug 2024
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 126,490.852 Aug 2024 monthly Jan 1995 - Aug 2024
Central Government Revenue: Current Revenue: Tax (PAB th) 324,482.432 Aug 2024 monthly Jan 1995 - Aug 2024
Public Debt: Domestic (USD mn) 8,469.450 Jul 2024 monthly Jul 2004 - Jul 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,137.9 Aug 2024 monthly Jan 1964 - Aug 2024
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) -78.5 Aug 2024 monthly Jan 2001 - Aug 2024
Aluminum: Exports (USD th) 4,900.259 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 807,995.942 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 145,164.399 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,213.5 Aug 2024 monthly Jan 2000 - Aug 2024
Total Imports Growth (%) -13.3 Aug 2024 monthly Jan 2001 - Aug 2024
Imports: Medicament (USD th) 1,054,288.448 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 448,064.045 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 36.333 Jun 2024 monthly Jan 1970 - Jun 2024
Total Imports from USA (USD mn) 3.289 Jun 2024 monthly Jan 1967 - Jun 2024
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 7.356 Jun 2024 monthly Mar 1989 - Jun 2024
Exports: FOB (PAB th) 75,636.141 Aug 2024 monthly Jan 2000 - Aug 2024
Exports: FOB: Seafood Products (PAB th) 10,858.852 Aug 2024 monthly Jan 2002 - Aug 2024
Exports: FOB: Banana (PAB th) 11,157.195 Aug 2024 monthly Jan 2000 - Aug 2024
Exports: FOB: Prawn (PAB th) 9,354.541 Aug 2024 monthly Jan 2000 - Aug 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) 94.7 Jun 2024 quarterly Mar 2013 - Jun 2024
Current Account Balance (USD mn) 434.7 Jun 2024 quarterly Mar 1998 - Jun 2024
Current Account Balance: % of GDP (%) 2.2 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Direct Investment (USD mn) 731.9 Jun 2024 quarterly Mar 1998 - Jun 2024
Foreign Direct Investment: % of GDP (%) 3.8 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Portfolio Investment (USD mn) 46.336 Jun 2024 quarterly Mar 2013 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 0.2 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Jun 2024 quarterly Mar 2013 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 46.336 Jun 2024 quarterly Mar 2013 - Jun 2024
External Debt (USD mn) 43,391.0 Jul 2024 monthly Jul 2004 - Jul 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) -2.777 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -74,373.797 Jun 2024 quarterly Mar 2002 - Jun 2024
BoP: Capital Account (PAB mn) 2.490 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Income: Debit (PAB mn) -1,740.348 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Income: Credit (PAB mn) 1,040.920 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Income (PAB mn) -699.429 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Services: Debit (PAB mn) -1,204.292 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Services: Credit (PAB mn) 4,997.525 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Services (PAB mn) 3,793.233 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Goods: Debit (PAB mn) -6,501.463 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Goods: Credit (PAB mn) 3,860.024 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Goods (PAB mn) -2,641.439 Jun 2024 quarterly Mar 2013 - Jun 2024
Balance of Payment (BoP): Current Account (CA) (PAB mn) 434.679 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Net Errors and Omissions (PAB mn) -1,074.780 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Capital Account: Credit (PAB mn) 2.490 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Capital Account: Debit (PAB mn) 0.000 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Financing: Reserve Assets (PAB mn) 2,511.505 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Financial Account (FA) (PAB mn) -1,712.281 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: FA: Direct Investment (PAB mn) 637.235 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: FA: Portfolio Investment: Assets (PAB mn) -1,071.876 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 46.336 Jun 2024 quarterly Mar 2013 - Jun 2024
IIP: Liabilities (USD mn) 178,485.854 Jun 2024 quarterly Mar 2015 - Jun 2024
IIP: Assets (USD mn) 104,112.057 Jun 2024 quarterly Mar 2015 - Jun 2024
International Investment Position (IIP) (USD mn) -74,373.797 Jun 2024 quarterly Mar 2015 - Jun 2024
Foreign Direct Investment (FDI) (PAB mn) 731.906 Jun 2024 quarterly Mar 2013 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Aug 2024 monthly Dec 2008 - Aug 2024
Household Debt: % of GDP (%) 38.2 Jun 2024 quarterly Dec 2007 - Jun 2024
Non-Performing Loans (USD mn) 1,506.308 Aug 2024 monthly Dec 2008 - Aug 2024
Money Supply M1 (USD mn) 8,749.080 Jul 2024 monthly Dec 2002 - Jul 2024
Money Supply M2 (USD mn) 41,290.250 Jul 2024 monthly Dec 2002 - Jul 2024
M2 Growth (%) 8.7 Jul 2024 monthly Dec 2003 - Jul 2024
Foreign Exchange Reserves (USD mn) 4,502.2 Jul 2024 monthly Oct 1969 - Jul 2024
Foreign Exchange Reserves: % of GDP (%) 5.729 Jun 2024 quarterly Dec 2007 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 3.5 Aug 2024 monthly Jan 2000 - Aug 2024
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 105,722.272 Aug 2024 monthly Dec 1998 - Aug 2024
Total Deposits Growth (%) 4.2 Aug 2024 monthly Dec 1999 - Aug 2024
Domestic Credit (USD mn) 63,079.0 Aug 2024 monthly Dec 2001 - Aug 2024
Domestic Credit Growth (%) 5.0 Aug 2024 monthly Dec 2002 - Aug 2024
Household Debt (USD mn) 32,516.0 Aug 2024 monthly Oct 2005 - Aug 2024
Total Loans (USD mn) 94,666.285 Aug 2024 monthly Dec 1998 - Aug 2024
Total Loans Growth (%) 7.09 Aug 2024 monthly Dec 1999 - Aug 2024
Private Debt: % of Nominal GDP (%) 69.20 Jun 2024 quarterly Dec 2007 - Jun 2024
Money Supply: M3 (PAB mn) 41,290.250 Jul 2024 monthly Dec 2002 - Jul 2024
LC: National Banking System: Private Sector: Mortgage (PAB mn) 20,911.483 Aug 2024 monthly Dec 2002 - Aug 2024

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