Average monthly earnings of STEM employees in Panama

Panama: Average monthly earnings of STEM employees was 1,643 in 2025. ▲ Rising

Latest (2025)
1,643
Change on year
up 1.3%
World rank
36th
of 40 countries
All-time high
1,661
in 2023
All-time low
1,094
in 2011
Years of data
7
2011–2025

Average monthly earnings of STEM employees in Panama, 2011–2025

05001.0k1.5k2011201820252011: 1.1k2012: 1.2k2013: 1.2k2014: 1.2k2023: 1.7k2024: 1.6k2025: 1.6k

Source: International Labour Organization.

Analysis

In 2025, average monthly earnings of stem employees in Panama stood at 1,643.

That represents a change of up 1.3% on the previous year and up 33.0% over ten years.

Over the whole period, average monthly earnings of stem employees in Panama peaked at 1,661 in 2023 and was at its lowest, 1,094, in 2011.

That places Panama 36th out of 40 countries with data for 2025, putting it in the bottom quarter.

Average monthly earnings of STEM employees in Panama, year by year

Annual values for Average monthly earnings of STEM employees in Panama, 2011 to 2025.
Year Value Change
2011 1,094
2012 1,178 +7.8%
2013 1,240 +5.2%
2014 1,235 -0.4%
2023 1,661 +34.4%
2024 1,623 -2.3%
2025 1,643 +1.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 1,187 1,094 1,240 4
2020s 1,642 1,623 1,661 3

Countries ranked near Panama

  1. 33 Bosnia and Herzegovina 1,954 compare
  2. 34 Italy 1,689 compare
  3. 35 Portugal 1,674 compare
  4. 37 Greece 1,169 compare
  5. 38 Ecuador 946.71 compare
  6. 39 El Salvador 818.53 compare

See the full ranking of 40 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is average monthly earnings of stem employees in Panama?
Average monthly earnings of stem employees in Panama was 1,643 in 2025, according to International Labour Organization.
What is the highest average monthly earnings of stem employees recorded in Panama?
The highest recorded value was 1,661 in 2023.
What is the lowest average monthly earnings of stem employees recorded in Panama?
The lowest recorded value was 1,094 in 2011.
How does Panama rank for average monthly earnings of stem employees?
Panama ranks 36th out of 40 countries with data for 2025.
Is average monthly earnings of stem employees rising or falling in Panama?
Over the last ten years it is up 33.0%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from International Labour Organization, published as part of Average monthly earnings of STEM employees. Statizoid updates them automatically from the source API.

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Average monthly earnings of STEM employees in Panama. Statizoid, drawing on International Labour Organization. Retrieved 05 September 2026, from https://labour.statizoid.com/stat/average-monthly-earnings-of-stem-employees/panama/

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About this data

Indicator
Average monthly earnings of STEM employees
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
40 places, 445 data points, 2003–2026
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.