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 4 million people in Jun 2023
  • 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 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

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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) 877 Sep 2023 quarterly Sep 1996 - Sep 2023
Algeria (USD) 350 2019 yearly 2009 - 2019
Armenia (USD) 692 Jun 2023 monthly Jan 2002 - Jun 2023
Australia (USD) 3,744 Nov 2023 semiannually May 2012 - Nov 2023
Austria (USD) 3,331 2020 yearly 1997 - 2020
Azerbaijan (USD) 549 Dec 2023 monthly Jan 1995 - Dec 2023
Bahrain (USD) 739 Sep 2011 quarterly Mar 2004 - Sep 2011
Belarus (USD) 714 Dec 2023 monthly Jan 1994 - Dec 2023
Belgium (USD) 4,289 2020 yearly 1999 - 2020
Bolivia (USD) 731 2022 yearly 1996 - 2022
Bosnia and Herzegovina (USD) 1,118 Dec 2023 monthly Jan 2003 - Dec 2023
Botswana (USD) 519 Dec 2022 quarterly Sep 2007 - Dec 2022
Brazil (USD) 589 May 2023 monthly Mar 2012 - May 2023
Bulgaria (USD) 1,209 Dec 2023 monthly Jan 2000 - Dec 2023
Canada (USD) 3,613 Dec 2023 monthly Jan 1991 - Dec 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) 2,580 Sep 2023 quarterly Mar 2003 - Sep 2023
Czech Republic (USD) 1,924 Sep 2023 quarterly Mar 1998 - Sep 2023
Denmark (USD) 7,084 2021 yearly 2009 - 2021
Ecuador (USD) 444 Dec 2019 quarterly Jun 2007 - Dec 2019
Egypt (USD) 219 2022 yearly 1999 - 2022
Estonia (USD) 1,994 Sep 2023 monthly Jan 2000 - Sep 2023
Finland (USD) 4,298 Dec 2023 quarterly Mar 2000 - Dec 2023
Georgia (USD) 705 Jun 2023 quarterly Mar 2007 - Jun 2023
Germany (USD) 5,041 Dec 2023 quarterly Mar 1991 - Dec 2023
Ghana (USD) 242 2015 yearly 2013 - 2015
Greece (USD) 1,821 Mar 2013 quarterly Mar 1999 - Mar 2013
Hong Kong SAR, China (USD) 2,336 Sep 2023 quarterly Mar 1999 - Sep 2023
Hungary (USD) 1,904 Dec 2023 monthly Jan 2002 - Dec 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) 3,650 Dec 2023 monthly Jan 2005 - Dec 2023
Italy (USD) 3,672 Dec 2023 quarterly Mar 1980 - Dec 2023
Japan (USD) 1,929 Jan 2024 monthly Jan 1971 - Jan 2024
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) 3,399 Dec 2023 monthly Jan 2008 - Dec 2023
Kosovo (USD) 729 Dec 2023 monthly Jan 2004 - Dec 2023
Kyrgyzstan (USD) 357 Apr 2023 monthly Jan 1999 - Apr 2023
Latvia (USD) 1,846 Dec 2023 monthly Jan 1997 - Dec 2023
Lithuania (USD) 2,271 Dec 2023 quarterly Mar 2000 - Dec 2023
Luxembourg (USD) 6,185 2022 yearly 2005 - 2022
Macau SAR, China (USD) 2,175 Dec 2023 quarterly Mar 1996 - Dec 2023
North Macedonia (USD) 1,065 Dec 2023 monthly Dec 2003 - Dec 2023
Malaysia (USD) 791 Dec 2023 monthly Jan 2013 - Dec 2023
Malta (USD) 1,990 Sep 2023 quarterly Dec 2000 - Sep 2023
Mauritius (USD) 872 2022 yearly 2000 - 2022
Mexico (USD) 1,006 Jan 2024 monthly Jan 2000 - Jan 2024
Moldova (USD) 747 Dec 2023 quarterly Mar 2015 - Dec 2023
Mongolia (USD) 581 Sep 2023 quarterly Dec 2000 - Sep 2023
Montenegro (USD) 1,065 Sep 2023 monthly Jan 2004 - Sep 2023
Netherlands (USD) 2,994 2022 yearly 2006 - 2022
New Zealand (USD) 3,835 Dec 2023 quarterly Mar 1989 - Dec 2023
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) 405 Dec 2023 quarterly Mar 2017 - Dec 2023
Peru (USD) 515 Jan 2024 monthly Mar 2001 - Jan 2024
Poland (USD) 1,942 Jan 2024 monthly Oct 1994 - Jan 2024
Portugal (USD) 1,531 2021 yearly 1995 - 2021
Qatar (USD) 3,311 2021 yearly 2006 - 2021
Romania (USD) 1,821 Dec 2023 monthly Jan 1991 - Dec 2023
Russia (USD) 1,144 Dec 2023 monthly Jun 1992 - Dec 2023
Saudi Arabia (USD) 754 2018 yearly 1995 - 2018
Serbia (USD) 1,214 Dec 2023 monthly Jan 2000 - Dec 2023
Singapore (USD) 5,033 Dec 2023 quarterly Mar 1995 - Dec 2023
Slovakia (USD) 1,689 Dec 2023 quarterly Mar 1993 - Dec 2023
Slovenia (USD) 2,562 Dec 2023 monthly Jan 1998 - Dec 2023
South Africa (USD) 1,406 Aug 2023 quarterly Nov 2004 - Aug 2023
Spain (USD) 2,425 Sep 2023 quarterly Mar 2000 - Sep 2023
Sweden (USD) 4,435 Nov 2023 monthly Jan 1996 - Nov 2023
Switzerland (USD) 6,126 2022 yearly 1991 - 2022
Syria (USD) 81 2020 yearly 1993 - 2020
Taiwan (USD) 1,853 Dec 2023 monthly Oct 1983 - Dec 2023
Tajikistan (USD) 192 Nov 2023 monthly Jan 1996 - Nov 2023
Thailand (USD) 434 Jan 2024 monthly Jan 2001 - Jan 2024
Ukraine (USD) 521 Jan 2022 monthly Jan 2002 - Jan 2022
United Arab Emirates (USD) 1,977 2016 yearly 1988 - 2016
United Kingdom (USD) 3,387 Dec 2023 monthly Jan 2000 - Dec 2023
United States (USD) 4,713 Jan 2024 monthly Mar 2006 - Jan 2024
Uruguay (USD) 2,163 2022 yearly 1998 - 2022
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 164 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 (%) -4.0 2022 yearly 2003 - 2022
Consolidated Fiscal Balance (USD mn) -2,462.500 2023 yearly 2003 - 2023
Tax Revenue (USD mn) 762.604 Dec 2023 monthly Jan 1995 - Dec 2023
Tax Revenue: % of GDP (%) 7.2 Sep 2023 quarterly Mar 2007 - Sep 2023
National Government Debt (USD mn) 46,894.6 Jan 2024 monthly Jul 2004 - Jan 2024
Government Debt: % of GDP (%) 56.0 Sep 2023 quarterly Dec 2007 - Sep 2023
Forecast: Government Expenditure (PAB bn) 22.880 2028 yearly 1994 - 2028
Forecast: Government Net Debt (PAB bn) 53.964 2028 yearly 1994 - 2028
Forecast: Government Revenue (PAB bn) 21.239 2028 yearly 1994 - 2028
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 553,673.642 Dec 2023 monthly Jan 1995 - Dec 2023
Central Government Revenue: Current Revenue: Tax (PAB th) 762,604.057 Dec 2023 monthly Jan 1995 - Dec 2023
Central Government Revenue: Current Revenue (PAB th) 3,105,099.378 Dec 2023 monthly Jan 1995 - Dec 2023
Public Debt: Domestic (USD mn) 7,004.936 Jan 2024 monthly Jul 2004 - Jan 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,100.0 Dec 2023 monthly Jan 1964 - Dec 2023
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) -79.6 Dec 2023 monthly Jan 2001 - Dec 2023
Aluminum: Exports (USD th) 1,490.770 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) 1,171.0 Dec 2023 monthly Jan 2000 - Dec 2023
Total Imports Growth (%) -6.6 Dec 2023 monthly Jan 2001 - Dec 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) 14.124 Nov 2023 monthly Jan 1970 - Nov 2023
Total Imports from USA (USD mn) 179.004 Nov 2023 monthly Jan 1967 - Nov 2023
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 149.250 Nov 2023 monthly Mar 1989 - Nov 2023
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
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 122.2 Sep 2023 quarterly Mar 2013 - Sep 2023
Current Account Balance (USD mn) -5,854.6 Sep 2023 quarterly Mar 1998 - Sep 2023
Current Account Balance: % of GDP (%) -28.8 Sep 2023 quarterly Mar 2007 - Sep 2023
Foreign Direct Investment (USD mn) -176.4 Sep 2023 quarterly Mar 1998 - Sep 2023
Foreign Direct Investment: % of GDP (%) -0.9 Sep 2023 quarterly Mar 2007 - Sep 2023
Foreign Portfolio Investment (USD mn) 44.032 Sep 2023 quarterly Mar 2013 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) 0.2 Sep 2023 quarterly Mar 2007 - Sep 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Sep 2023 quarterly Mar 2013 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 44.032 Sep 2023 quarterly Mar 2013 - Sep 2023
External Debt (USD mn) 39,889.6 Jan 2024 monthly Jul 2004 - Jan 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) -73,105.081 Sep 2023 quarterly Mar 2002 - Sep 2023
BoP: CA: Services: Debit (PAB mn) -1,488.692 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Goods: Debit (PAB mn) -13,112.495 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: Net Errors and Omissions (PAB mn) 3,834.392 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Income (PAB mn) -920.422 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Income: Credit (PAB mn) 935.134 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Income: Debit (PAB mn) -1,855.556 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: Capital Account: Debit (PAB mn) 0.000 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Goods (PAB mn) -8,365.923 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: Financial Account (FA) (PAB mn) 723.337 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Services: Credit (PAB mn) 4,976.487 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: FA: Portfolio Investment: Assets (PAB mn) 540.810 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: FA: Direct Investment (PAB mn) -298.620 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Services (PAB mn) 3,487.795 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 44.032 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: Financing: Reserve Assets (PAB mn) 1,266.187 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: Capital Account (PAB mn) 2.380 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Goods: Credit (PAB mn) 4,746.572 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: Capital Account: Credit (PAB mn) 2.380 Sep 2023 quarterly Mar 2013 - Sep 2023
Balance of Payment (BoP): Current Account (CA) (PAB mn) -5,854.602 Sep 2023 quarterly Mar 2013 - Sep 2023
International Investment Position (IIP) (USD mn) -73,105.081 Sep 2023 quarterly Mar 2015 - Sep 2023
IIP: Liabilities (USD mn) 170,750.425 Sep 2023 quarterly Mar 2015 - Sep 2023
IIP: Assets (USD mn) 97,645.344 Sep 2023 quarterly Mar 2015 - Sep 2023
Foreign Direct Investment (FDI) (PAB mn) -176.394 Sep 2023 quarterly Mar 2013 - Sep 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.9 Nov 2023 monthly Dec 2008 - Nov 2023
Household Debt: % of GDP (%) 38.3 Sep 2023 quarterly Dec 2007 - Sep 2023
Non-Performing Loans (USD mn) 1,670.620 Nov 2023 monthly Dec 2008 - Nov 2023
Money Supply M1 (USD mn) 9,005.520 Nov 2023 monthly Dec 2002 - Nov 2023
Money Supply M2 (USD mn) 38,886.890 Nov 2023 monthly Dec 2002 - Nov 2023
M2 Growth (%) 2.9 Nov 2023 monthly Dec 2003 - Nov 2023
Foreign Exchange Reserves (USD mn) 5,420.6 Jan 2024 monthly Oct 1969 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 5.035 Sep 2023 quarterly Dec 2007 - Sep 2023
Foreign Exchange Reserves: Months of Import (NA) 5.2 Dec 2023 monthly Jan 2000 - Dec 2023
Gold Reserves (USD mn) 0.000 Jan 2024 monthly Sep 1969 - Jan 2024
Total Deposits (USD mn) 104,202.564 Nov 2023 monthly Dec 1998 - Nov 2023
Total Deposits Growth (%) 5.2 Nov 2023 monthly Dec 1999 - Nov 2023
Domestic Credit (USD mn) 60,945.5 Nov 2023 monthly Dec 2001 - Nov 2023
Domestic Credit Growth (%) 3.4 Nov 2023 monthly Dec 2002 - Nov 2023
Household Debt (USD mn) 31,588.9 Nov 2023 monthly Oct 2005 - Nov 2023
Total Loans (USD mn) 89,824.234 Nov 2023 monthly Dec 1998 - Nov 2023
Total Loans Growth (%) 4.14 Nov 2023 monthly Dec 1999 - Nov 2023
Private Debt: % of Nominal GDP (%) 69.44 Sep 2023 quarterly Dec 2007 - Sep 2023
Money Supply: M3 (PAB mn) 38,886.890 Nov 2023 monthly Dec 2002 - Nov 2023

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