Belize vs Panama: Average hourly earnings of employees
Average hourly earnings of employees over time
- Belize
- Panama
How they compare
Panama currently reports 5.42 against 5.38 in Belize, a difference of 0.04.
The two have swapped places 1 time across 5 shared years of data; in 2017 it was Belize ahead.
Belize ranks 68th and Panama ranks 67th of 73 countries.
Across the 2 decades both report, Belize averaged higher in 1 and Panama in 1.
Head to head by decade
| Decade | Belize | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 7.55 | 5.13 | 2.42 | Belize |
| 2020s | 5.96 | 6.53 | 0.5715 | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average hourly earnings of employees, Belize or Panama?
- Panama, at 5.42 against 5.38 in Belize as of 2025.
- What is the difference in average hourly earnings of employees between Belize and Panama?
- 0.04, with Panama ahead.
- How many years of comparable data are there for Belize and Panama?
- 5 years are reported by both, from 2017 to 2021.
- How do Belize and Panama rank globally for average hourly earnings of employees?
- Belize ranks 68th and Panama ranks 67th of 73 countries.
- Where does this data come from?
- International Labour Organization, published as Average hourly earnings of employees (Local currency). 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. Data are converted to U.S. dollars as the common currency, using exchange rates or using purchasing power parity (PPP) rates for private consumption expenditures. The latter series allows for international comparisons by taking account of the differences in relative prices between countries. For more information, refer to the Wages and Working Time Statistics (COND) database description.