Greece vs Panama: SDG indicator 8.5.1: Average hourly earnings of employees
SDG indicator 8.5.1: Average hourly earnings of employees over time
- Greece
- Panama
How they compare
Greece currently reports 5.97 against 5.42 in Panama, a difference of 0.55.
That makes Greece's figure about 1.1 times Panama's.
The two have swapped places 1 time across 7 shared years of data; in 2014 it was Greece ahead.
Greece ranks 62nd and Panama ranks 63rd of 68 countries.
Across the 2 decades both report, Greece averaged higher in 1 and Panama in 1.
Head to head by decade
| Decade | Greece | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.27 | 4.73 | 1.54 | Greece |
| 2020s | 5.97 | 6.46 | 0.49 | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher sdg indicator 8.5.1: average hourly earnings of employees, Greece or Panama?
- Greece, at 5.97 against 5.42 in Panama as of 2020.
- What is the difference in sdg indicator 8.5.1: average hourly earnings of employees between Greece and Panama?
- 0.55, with Greece ahead.
- How many years of comparable data are there for Greece and Panama?
- 7 years are reported by both, from 2014 to 2020.
- How do Greece and Panama rank globally for sdg indicator 8.5.1: average hourly earnings of employees?
- Greece ranks 62nd and Panama ranks 63rd of 68 countries.
- Where does this data come from?
- International Labour Organization, published as SDG indicator 8.5.1: Average hourly earnings of employees (previous ILO definition - ICLS13). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Data may differ from nationally reported figures and the Global SDG Indicators Database due to differences in sources and/or reference years. This indicator presents data by sex on employees' average hourly earnings. The concept of earnings, as applied in wage statistics, relates to 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 also disaggregated by occupation. Statistics on average hourly earnings by sex are the basis for the calculation of the gender pay gap. Data disaggregated by occupation are provided according to the latest version of the International Standard Classification of Occupations (ISCO). Data may have been regrouped from the national classifications, which may not be strictly compatible with ISCO. For more information, refer to the Labour Market-related SDG Indicators (ILOSDG) database description.