Bosnia and Herzegovina vs Panama: Average hourly earnings of employees
Average hourly earnings of employees over time
- Bosnia and Herzegovina
- Panama
How they compare
Bosnia and Herzegovina currently reports 9.85 against 5.42 in Panama, a difference of 4.43.
That makes Bosnia and Herzegovina's figure about 1.8 times Panama's.
The two have swapped places 2 times across 16 shared years of data; in 2006 it was Bosnia and Herzegovina ahead.
Bosnia and Herzegovina ranks 48th and Panama ranks 51st of 55 countries.
Bosnia and Herzegovina has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Bosnia and Herzegovina | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.37 | 2.54 | 0.8388 | Bosnia and Herzegovina |
| 2010s | 4.33 | 3.84 | 0.4939 | Bosnia and Herzegovina |
| 2020s | 8.45 | 5.74 | 2.71 | Bosnia and Herzegovina |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average hourly earnings of employees, Bosnia and Herzegovina or Panama?
- Bosnia and Herzegovina, at 9.85 against 5.42 in Panama as of 2024.
- What is the difference in average hourly earnings of employees between Bosnia and Herzegovina and Panama?
- 4.43, with Bosnia and Herzegovina ahead.
- How many years of comparable data are there for Bosnia and Herzegovina and Panama?
- 16 years are reported by both, from 2006 to 2024.
- How do Bosnia and Herzegovina and Panama rank globally for average hourly earnings of employees?
- Bosnia and Herzegovina ranks 48th and Panama ranks 51st of 55 countries.
- Where does this data come from?
- International Labour Organization, published as Average hourly earnings of employees (15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. The earnings of employees relate to the gross remuneration in cash and in kind paid to employees, as a rule at regular intervals, for time worked or work done together with remuneration for time not worked, such as annual vacation, other type of paid leave or holidays. Earnings exclude employers' contributions in respect of their employees paid to social security and pension schemes and also the benefits received by employees under these schemes. Earnings also exclude severance and termination pay. For more information, refer to the Wages and Working Time Statistics (COND) database description.