Greece vs Panama: Average monthly earnings of employees

Greece
1,078
in 2023
Panama
882.82
in 2024
Greece rank
42nd
Panama rank
43rd

Average monthly earnings of employees over time

  • Greece
  • Panama
02505007501.0k199720102024

How they compare

Greece currently reports 1,078 against 882.82 in Panama, a difference of 195.18.

That makes Greece's figure about 1.2 times Panama's.

The two have swapped places 2 times across 5 shared years of data; in 2017 it was Greece ahead.

Greece ranks 42nd and Panama ranks 43rd of 47 countries.

Greece has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Greece Panama Difference Ahead
2010s 881.54 695.87 185.67 Greece
2020s 998 919.23 78.77 Greece

Averages of every year both report within each decade.

Frequently asked questions

Which has higher average monthly earnings of employees, Greece or Panama?
Greece, at 1,078 against 882.82 in Panama as of 2023.
What is the difference in average monthly earnings of employees between Greece and Panama?
195.18, with Greece ahead.
How many years of comparable data are there for Greece and Panama?
5 years are reported by both, from 2017 to 2023.
How do Greece and Panama rank globally for average monthly earnings of employees?
Greece ranks 42nd and Panama ranks 43rd of 47 countries.
Where does this data come from?
International Labour Organization, published as Average monthly earnings of employees. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Greece vs Panama: Average monthly earnings of employees. Statizoid, drawing on International Labour Organization. Retrieved 09 September 2026, from https://labour.statizoid.com/compare/average-monthly-earnings-of-employees/greece/panama/

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About this data

Indicator
Average monthly earnings of employees
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
47 places, 536 data points, 1989–2025
Last refreshed

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.