Panama vs Taiwan: Monthly minimum wage, annual growth rate
Panama
4.43 % change on previous year
in 2024
Taiwan
3.79 % change on previous year
in 2024
Panama rank
78th
Taiwan rank
81st
Monthly minimum wage, annual growth rate over time
- Panama
- Taiwan
How they compare
Panama currently reports 4.43 % change on previous year against 3.79 % change on previous year in Taiwan, a difference of 0.64 % change on previous year.
That makes Panama's figure about 1.2 times Taiwan's.
The two have swapped places 19 times across 28 shared years of data; in 1997 it was Taiwan ahead.
Panama ranks 78th and Taiwan ranks 81st of 168 countries.
Across the 4 decades both report, Panama averaged higher in 3 and Taiwan in 1.
Head to head by decade
| Decade | Panama | Taiwan | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.84 % change on previous year | 1.04 % change on previous year | 1.8 % change on previous year | Panama |
| 2000s | 3.22 % change on previous year | 0.9091 % change on previous year | 2.31 % change on previous year | Panama |
| 2010s | 4.85 % change on previous year | 2.96 % change on previous year | 1.89 % change on previous year | Panama |
| 2020s | 1.07 % change on previous year | 3.48 % change on previous year | 2.42 % change on previous year | Taiwan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monthly minimum wage, annual growth rate, Panama or Taiwan?
- Panama, at 4.43 % change on previous year against 3.79 % change on previous year in Taiwan as of 2024.
- What is the difference in monthly minimum wage, annual growth rate between Panama and Taiwan?
- 0.64 % change on previous year, with Panama ahead.
- How many years of comparable data are there for Panama and Taiwan?
- 28 years are reported by both, from 1997 to 2024.
- How do Panama and Taiwan rank globally for monthly minimum wage, annual growth rate?
- Panama ranks 78th and Taiwan ranks 81st of 168 countries.
- Where does this data come from?
- Statizoid (derived), published as Monthly minimum wage, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Monthly minimum wage. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.