Panama Monthly Earnings

1970 - 2021 | Yearly | USD | CEIC Data

Key information about Panama Monthly Earnings

  • Panama Monthly Earnings stood at 1,279 USD in Aug 2021, compared with the previous figure of 1,249 USD in Aug 2020
  • Panama Monthly Earnings data is updated yearly, available from Aug 1970 to Aug 2021, with an average number of 517 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 4 million people in Jun 2022
  • Unemployment Rate of Panama increased to 11 % in Aug 2021
  • The country's Labour Force Participation Rate dropped to 60 % in Aug 2021

View Panama's Monthly Earnings from 1970 to 2021 in the chart:

Panama Monthly Earnings

What was Panama's Monthly Earnings in 2021?

Panama Monthly Earnings stood at 1,279 USD in Aug 2021, compared with the previous figure of 1,249 USD in Aug 2020 See the table below for more data.

Last Previous Min Max Unit Frequency Range
1,279 2021 1,249 2020 198 1970 1,422 2018 USD yearly 1970 - 2021

Monthly Earnings by Country Comparison

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Includes Monthly Earnings on 88 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD) 683 Mar 2023 quarterly Sep 1996 - Mar 2023
Algeria (USD) 350 2019 yearly 2009 - 2019
Armenia (USD) 692 Jun 2023 monthly Jan 2002 - Jun 2023
Australia (USD) 3,786 May 2023 semiannually May 2012 - May 2023
Austria (USD) 3,331 2020 yearly 1997 - 2020
Azerbaijan (USD) 544 Aug 2023 monthly Jan 1995 - Aug 2023
Bahrain (USD) 739 Sep 2011 quarterly Mar 2004 - Sep 2011
Belarus (USD) 638 Jul 2023 monthly Jan 1994 - Jul 2023
Belgium (USD) 4,289 2020 yearly 1999 - 2020
Bolivia (USD) 733 2022 yearly 1996 - 2022
Bosnia and Herzegovina (USD) 1,082 Jun 2023 monthly Jan 2003 - Jun 2023
Botswana (USD) 547 Dec 2021 quarterly Sep 2007 - Dec 2021
Brazil (USD) 589 May 2023 monthly Mar 2012 - May 2023
Bulgaria (USD) 1,069 Mar 2023 monthly Jan 2000 - Mar 2023
Canada (USD) 3,624 Jun 2023 monthly Jan 1991 - Jun 2023
China (USD) 1,336 Dec 2022 quarterly Mar 2000 - Dec 2022
Colombia (USD) 281 2021 yearly 2019 - 2021
Croatia (USD) 1,696 Apr 2023 monthly Jan 2015 - Apr 2023
Cyprus (USD) 2,456 Mar 2023 quarterly Mar 2003 - Mar 2023
Czech Republic (USD) 1,995 Jun 2023 quarterly Mar 1998 - Jun 2023
Denmark (USD) 7,084 2021 yearly 2009 - 2021
Ecuador (USD) 444 Dec 2019 quarterly Jun 2007 - Dec 2019
Egypt (USD) 240 2021 yearly 1999 - 2021
Estonia (USD) 1,939 Mar 2023 monthly Jan 2000 - Mar 2023
Finland (USD) 4,228 Jun 2023 quarterly Mar 2000 - Jun 2023
Georgia (USD) 651 Mar 2023 quarterly Mar 2007 - Mar 2023
Germany (USD) 4,514 Jun 2023 quarterly Mar 1991 - Jun 2023
Ghana (USD) 242 2015 yearly 2013 - 2015
Greece (USD) 1,821 Mar 2013 quarterly Mar 1999 - Mar 2013
Hong Kong SAR, China (USD) 2,255 Dec 2022 quarterly Mar 1999 - Dec 2022
Hungary (USD) 1,657 Jun 2023 monthly Jan 2002 - Jun 2023
Iceland (USD) 6,276 2022 yearly 1998 - 2022
Indonesia (USD) 192 2022 yearly 1991 - 2022
Ireland (USD) 3,963 Jun 2023 quarterly Mar 2008 - Jun 2023
Israel (USD) 3,513 Jun 2023 monthly Jan 2005 - Jun 2023
Italy (USD) 3,685 Jun 2023 quarterly Mar 1980 - Jun 2023
Japan (USD) 2,701 Jul 2023 monthly Jan 1971 - Jul 2023
Jordan (USD) 753 2020 yearly 2000 - 2020
Kazakhstan (USD) 782 May 2023 monthly Sep 2000 - May 2023
Kenya (USD) 634 2021 yearly 1997 - 2021
South Korea (USD) 2,881 Jun 2023 monthly Jan 2008 - Jun 2023
Kosovo (USD) 693 Jun 2023 monthly Jan 2004 - Jun 2023
Kyrgyzstan (USD) 357 Apr 2023 monthly Jan 1999 - Apr 2023
Latvia (USD) 1,675 Jun 2023 monthly Jan 1997 - Jun 2023
Lithuania (USD) 2,178 Jun 2023 quarterly Mar 2000 - Jun 2023
Luxembourg (USD) 6,185 2022 yearly 2005 - 2022
Macau SAR, China (USD) 1,982 Jun 2023 quarterly Mar 1996 - Jun 2023
North Macedonia (USD) 963 Jun 2023 monthly Dec 2003 - Jun 2023
Malaysia (USD) 741 Jun 2023 monthly Jan 2013 - Jun 2023
Malta (USD) 1,983 Mar 2023 quarterly Dec 2000 - Mar 2023
Mauritius (USD) 872 2022 yearly 2000 - 2022
Mexico (USD) 946 Aug 2023 monthly Jan 2000 - Aug 2023
Moldova (USD) 678 Jun 2023 quarterly Mar 2015 - Jun 2023
Mongolia (USD) 523 Mar 2023 quarterly Dec 2000 - Mar 2023
Montenegro (USD) 1,099 Jul 2023 monthly Jan 2004 - Jul 2023
Netherlands (USD) 2,994 2022 yearly 2006 - 2022
New Zealand (USD) 3,788 Jun 2023 quarterly Mar 1989 - Jun 2023
Norway (USD) 5,526 2022 yearly 2015 - 2022
Pakistan (USD) 150 2021 yearly 2008 - 2021
Panama (USD) 1,279 2021 yearly 1970 - 2021
Paraguay (USD) 388 Dec 2022 quarterly Mar 2017 - Dec 2022
Peru (USD) 527 Jun 2023 monthly Mar 2001 - Jun 2023
Poland (USD) 1,859 Jul 2023 monthly Oct 1994 - Jul 2023
Portugal (USD) 1,531 2021 yearly 1995 - 2021
Qatar (USD) 3,311 2021 yearly 2006 - 2021
Romania (USD) 1,611 Jun 2023 monthly Jan 1991 - Jun 2023
Russia (USD) 921 Jun 2023 monthly Jun 1992 - Jun 2023
Saudi Arabia (USD) 754 2018 yearly 1995 - 2018
Serbia (USD) 1,090 Jun 2023 monthly Jan 2000 - Jun 2023
Singapore (USD) 5,269 Mar 2023 quarterly Mar 1995 - Mar 2023
Slovakia (USD) 1,424 Mar 2023 quarterly Mar 1993 - Mar 2023
Slovenia (USD) 2,391 Jun 2023 monthly Jan 1998 - Jun 2023
South Africa (USD) 1,452 Feb 2023 quarterly Nov 2004 - Feb 2023
Spain (USD) 2,351 Mar 2023 quarterly Mar 2000 - Mar 2023
Sweden (USD) 4,301 Jun 2023 monthly Jan 1996 - Jun 2023
Switzerland (USD) 6,126 2022 yearly 1991 - 2022
Syria (USD) 81 2020 yearly 1993 - 2020
Taiwan (USD) 1,748 Jun 2023 monthly Oct 1983 - Jun 2023
Tajikistan (USD) 183 Mar 2023 monthly Jan 1996 - Mar 2023
Thailand (USD) 451 Jul 2023 monthly Jan 2001 - Jul 2023
Ukraine (USD) 521 Jan 2022 monthly Jan 2002 - Jan 2022
United Arab Emirates (USD) 1,977 2016 yearly 1988 - 2016
United Kingdom (USD) 3,347 Jun 2023 monthly Jan 2000 - Jun 2023
United States (USD) 4,654 Aug 2023 monthly Mar 2006 - Aug 2023
Uruguay (USD) 1,832 2020 yearly 1998 - 2020
Uzbekistan (USD) 351 2022 yearly 2017 - 2022
Vietnam (USD) 331 Jun 2023 quarterly Mar 2011 - Jun 2023
Zambia (USD) 211 2021 yearly 2017 - 2021

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Panama Key Series

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Includes 165 key indicators for Panama, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.9 2022 yearly 2003 - 2022
Consolidated Fiscal Balance (USD mn) -3,005.500 2022 yearly 2003 - 2022
Tax Revenue (USD mn) 353.510 May 2023 monthly Jan 1995 - May 2023
Tax Revenue: % of GDP (%) 6.9 Sep 2022 quarterly Mar 2007 - Sep 2022
National Government Debt (USD mn) 46,720.4 Jul 2023 monthly Jul 2004 - Jul 2023
Government Debt: % of GDP (%) 62.3 Sep 2022 quarterly Dec 2007 - Sep 2022
Forecast: Government Expenditure (PAB bn) 23.051 2028 yearly 1994 - 2028
Forecast: Government Net Debt (PAB bn) 52.276 2028 yearly 1994 - 2028
Forecast: Government Revenue (PAB bn) 21.453 2028 yearly 1994 - 2028
Central Government Revenue: Current Revenue: Tax (PAB th) 353,510.462 May 2023 monthly Jan 1995 - May 2023
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 168,443.301 May 2023 monthly Jan 1995 - May 2023
Central Government Revenue: Current Revenue (PAB th) 478,243.457 May 2023 monthly Jan 1995 - May 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,048.4 May 2023 monthly Jan 1964 - May 2023
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) -12.3 Jun 2023 monthly Jan 2001 - Jun 2023
Aluminum: Exports (USD th) 5,167.980 2022 yearly 1995 - 2022
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) 1,358.3 May 2023 monthly Jan 2000 - May 2023
Total Imports Growth (%) 4.5 May 2023 monthly Jan 2001 - May 2023
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) 9.420 May 2023 monthly Jan 1970 - May 2023
Total Imports from USA (USD mn) 247.363 May 2023 monthly Jan 1967 - May 2023
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 168.995 May 2023 monthly Mar 1989 - May 2023
Exports: FOB: Prawn (PAB th) 4,930.818 Jun 2023 monthly Jan 2000 - Jun 2023
Exports: FOB: Banana (PAB th) 12,254.483 Jun 2023 monthly Jan 2000 - Jun 2023
Exports: FOB: Seafood Products (PAB th) 6,513.021 Jun 2023 monthly Jan 2002 - Jun 2023
Exports: FOB (PAB th) 343,442.332 Jun 2023 monthly Jan 2000 - Jun 2023
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -2.6 Dec 2022 quarterly Mar 2013 - Dec 2022
Current Account Balance (USD mn) -2,979.5 Sep 2022 quarterly Mar 1998 - Sep 2022
Current Account Balance: % of GDP (%) -16.7 Sep 2022 quarterly Mar 2007 - Sep 2022
Foreign Direct Investment (USD mn) 578.7 Dec 2022 quarterly Mar 1998 - Dec 2022
Foreign Direct Investment: % of GDP (%) 3.9 Sep 2022 quarterly Mar 2007 - Sep 2022
Foreign Portfolio Investment (USD mn) 968.070 Dec 2022 quarterly Mar 2013 - Dec 2022
Foreign Portfolio Investment: % of GDP (%) -0.0 Sep 2022 quarterly Mar 2007 - Sep 2022
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Sep 2022 quarterly Mar 2013 - Sep 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 968.070 Dec 2022 quarterly Mar 2013 - Dec 2022
External Debt (USD mn) 38,646.0 Jul 2023 monthly Jul 2004 - Jul 2023
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) -2.743 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -72,476.053 Sep 2022 quarterly Mar 2002 - Sep 2022
BoP: Net Errors and Omissions (PAB mn) -1,339.033 Dec 2022 quarterly Mar 2013 - Dec 2022
Balance of Payment (BoP): Current Account (CA) (PAB mn) 454.311 Dec 2022 quarterly Mar 2013 - Dec 2022
BoP: CA: Goods (PAB mn) -2,408.674 Dec 2022 quarterly Mar 2013 - Dec 2022
BoP: CA: Goods: Debit (PAB mn) -7,063.418 Dec 2022 quarterly Mar 2013 - Dec 2022
BoP: CA: Services: Credit (PAB mn) 4,462.109 Dec 2022 quarterly Mar 2013 - Dec 2022
BoP: CA: Services (PAB mn) 3,171.950 Dec 2022 quarterly Mar 2013 - Dec 2022
BoP: CA: Services: Debit (PAB mn) -1,290.158 Dec 2022 quarterly Mar 2013 - Dec 2022
BoP: CA: Goods: Credit (PAB mn) 4,654.744 Dec 2022 quarterly Mar 2013 - Dec 2022
BoP: CA: Income (PAB mn) -287.914 Dec 2022 quarterly Mar 2013 - Dec 2022
BoP: Capital Account (PAB mn) 2.015 Dec 2022 quarterly Mar 2013 - Dec 2022
BoP: CA: Income: Debit (PAB mn) -977.413 Dec 2022 quarterly Mar 2013 - Dec 2022
BoP: Capital Account: Credit (PAB mn) 2.015 Dec 2022 quarterly Mar 2013 - Dec 2022
BoP: Capital Account: Debit (PAB mn) 0.000 Dec 2022 quarterly Mar 2013 - Dec 2022
BoP: CA: Income: Credit (PAB mn) 689.499 Dec 2022 quarterly Mar 2013 - Dec 2022
BoP: Financial Account (FA) (PAB mn) 1,727.641 Dec 2022 quarterly Mar 2013 - Dec 2022
BoP: FA: Portfolio Investment: Assets (PAB mn) 1,688.657 Dec 2022 quarterly Mar 2013 - Dec 2022
BoP: FA: Direct Investment (PAB mn) 581.314 Dec 2022 quarterly Mar 2013 - Dec 2022
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 968.070 Dec 2022 quarterly Mar 2013 - Dec 2022
BoP: Financing: Reserve Assets (PAB mn) -444.696 Dec 2022 quarterly Mar 2013 - Dec 2022
International Investment Position (IIP) (USD mn) -70,557.258 Dec 2022 quarterly Mar 2015 - Dec 2022
IIP: Assets (USD mn) 95,814.347 Dec 2022 quarterly Mar 2015 - Dec 2022
IIP: Liabilities (USD mn) 166,371.605 Dec 2022 quarterly Mar 2015 - Dec 2022
Foreign Direct Investment (FDI) (PAB mn) 578.707 Dec 2022 quarterly Mar 2013 - Dec 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Jul 2023 monthly Dec 2008 - Jul 2023
Household Debt: % of GDP (%) 42.6 Sep 2022 quarterly Dec 2007 - Sep 2022
Non-Performing Loans (USD mn) 1,401.997 Jul 2023 monthly Dec 2008 - Jul 2023
Money Supply M1 (USD mn) 8,920.760 Jun 2023 monthly Dec 2002 - Jun 2023
Money Supply M2 (USD mn) 37,941.910 Jun 2023 monthly Dec 2002 - Jun 2023
M2 Growth (%) -1.8 Jun 2023 monthly Dec 2003 - Jun 2023
Foreign Exchange Reserves (USD mn) 5,182.9 Jul 2023 monthly Oct 1969 - Jul 2023
Foreign Exchange Reserves: % of GDP (%) 8.199 Sep 2022 quarterly Dec 2007 - Sep 2022
Foreign Exchange Reserves: Months of Import (NA) 4.3 May 2023 monthly Jan 2000 - May 2023
Gold Reserves (USD mn) 0.000 Jul 2023 monthly Sep 1969 - Jul 2023
Total Deposits (USD mn) 101,649.481 Jul 2023 monthly Dec 1998 - Jul 2023
Total Deposits Growth (%) 4.5 Jul 2023 monthly Dec 1999 - Jul 2023
Domestic Credit (USD mn) 59,783.8 Jul 2023 monthly Dec 2001 - Jul 2023
Domestic Credit Growth (%) 5.2 Jul 2023 monthly Dec 2002 - Jul 2023
Household Debt (USD mn) 31,050.8 Jul 2023 monthly Oct 2005 - Jul 2023
Total Loans (USD mn) 88,048.156 Jul 2023 monthly Dec 1998 - Jul 2023
Total Loans Growth (%) 5.85 Jul 2023 monthly Dec 1999 - Jul 2023
Private Debt: % of Nominal GDP (%) 78.23 Sep 2022 quarterly Dec 2007 - Sep 2022
Money Supply: M3 (PAB mn) 37,941.910 Jun 2023 monthly Dec 2002 - Jun 2023

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