Gender wage gap in Panama

Panama: Gender wage gap was -11.8% in 2024. ◆ Volatile

Latest (2024)
-11.8%
Change on year
down 203.4%
World rank
64th
of 67 countries
All-time high
18.2%
in 1989
All-time low
-15.5%
in 2022
Years of data
31
1989–2024

Gender wage gap in Panama, 1989–2024

-20-10010201989200620241989: 18.2 %1991: 4.5 %1995: 8.3 %1997: 16 %1998: 10.3 %1999: 7.7 %2000: 3.5 %2001: -4.5 %2002: 3.7 %2003: 8.7 %2004: 4.5 %2005: 3.9 %2006: 3.9 %2007: 0 %2008: -1.6 %2009: -0.36 %2010: 0.35 %2011: 2.4 %2012: -3.2 %2013: -0.063 %2014: 3 %2015: -0.032 %2016: 1.7 %2017: -5.7 %2018: -11.4 %2019: 9.2 %2020: -13.8 %2021: -15.2 %2022: -15.5 %2023: -3.9 %2024: -11.8 %

Source: International Labour Organization (2026) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for gender wage gap in Panama is -11.8%, measured in 2024.

That represents a change of down 203.4% on the previous year and down 493.0% over ten years.

Over the whole period, gender wage gap in Panama peaked at 18.2% in 1989 and was at its lowest, -15.5%, in 2022.

Panama ranks 64th of 67 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 18.2% 18.2% 18.2% 1
1990s 9.4% 4.5% 16.0% 5
2000s 2.2% -4.5% 8.7% 10
2010s -0.4% -11.4% 9.2% 10
2020s -12.0% -15.5% -3.9% 5

Countries ranked near Panama

  1. 61 El Salvador -7.1% compare
  2. 62 Ecuador -9.1% compare
  3. 63 Belize -11.2% compare
  4. 65 Philippines -12.7% compare
  5. 66 East Timor -16.6% compare
  6. 67 Honduras -27.6% compare

See the full ranking of 67 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is gender wage gap in Panama?
Gender wage gap in Panama was -11.8% in 2024, according to International Labour Organization (2026) – with major processing by Our World in Data.
What is the highest gender wage gap recorded in Panama?
The highest recorded value was 18.2% in 1989.
What is the lowest gender wage gap recorded in Panama?
The lowest recorded value was -15.5% in 2022.
How does Panama rank for gender wage gap?
Panama ranks 64th out of 67 countries with data for 2024.
Is gender wage gap rising or falling in Panama?
Over the last ten years it is down 493.0%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from International Labour Organization (2026) – with major processing by Our World in Data, published as part of Gender wage gap. Statizoid updates them automatically from the source API.

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About this data

Indicator
Gender wage gap
Unit
%
Source
International Labour Organization (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
67 places, 1,009 data points, 1969–2025
Last refreshed

Difference between average earnings of men and average earnings of women expressed as a percentage of average earnings of men.