Monthly minimum wage (Local currency), per capita in Panama
Panama: Monthly minimum wage (Local currency), per capita was 0.0001 units per person in 2024. ▲ Rising
Monthly minimum wage (Local currency), per capita in Panama, 1995–2024
Source: Statizoid (derived). Measured in units per person.
Analysis
In 2024, monthly minimum wage (local currency), per capita in Panama stood at 0.0001 units per person.
That represents a change of up 3.1% on the previous year and down 0.1% over ten years.
Over the whole period, monthly minimum wage (local currency), per capita in Panama peaked at 0.0001 units per person in 2018 and was at its lowest, 0.0001 units per person, in 1997.
Panama ranks 130th of 170 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Monthly minimum wage (Local currency), per capita in Panama, year by year
| Year | units per person | Change |
|---|---|---|
| 1995 | 0.0001 units per person | — |
| 1996 | 0.0001 units per person | -2.0% |
| 1997 | 0.0001 units per person | -2.0% |
| 1998 | 0.0001 units per person | +6.4% |
| 1999 | 0.0001 units per person | -2.0% |
| 2000 | 0.0001 units per person | +10.6% |
| 2001 | 0.0001 units per person | -1.9% |
| 2002 | 0.0001 units per person | -1.9% |
| 2003 | 0.0001 units per person | +0.7% |
| 2004 | 0.0001 units per person | -1.9% |
| 2005 | 0.0001 units per person | -1.9% |
| 2006 | 0.0001 units per person | +5.7% |
| 2007 | 0.0001 units per person | +2.8% |
| 2008 | 0.0001 units per person | +2.6% |
| 2009 | 0.0001 units per person | -1.8% |
| 2010 | 0.0001 units per person | +8.1% |
| 2011 | 0.0001 units per person | -1.8% |
| 2012 | 0.0001 units per person | +13.0% |
| 2013 | 0.0001 units per person | -1.7% |
| 2014 | 0.0001 units per person | +11.7% |
| 2015 | 0.0001 units per person | -1.7% |
| 2016 | 0.0001 units per person | +3.7% |
| 2017 | 0.0001 units per person | -1.7% |
| 2018 | 0.0001 units per person | +2.5% |
| 2019 | 0.0001 units per person | -1.6% |
| 2020 | 0.0001 units per person | -0.5% |
| 2021 | 0.0001 units per person | -1.2% |
| 2022 | 0.0001 units per person | -1.3% |
| 2023 | 0.0001 units per person | -1.3% |
| 2024 | 0.0001 units per person | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0001 units per person | 0.0001 units per person | 0.0001 units per person | 5 |
| 2000s | 0.0001 units per person | 0.0001 units per person | 0.0001 units per person | 10 |
| 2010s | 0.0001 units per person | 0.0001 units per person | 0.0001 units per person | 10 |
| 2020s | 0.0001 units per person | 0.0001 units per person | 0.0001 units per person | 5 |
Countries ranked near Panama
- 127 Thailand 0.0001 units per person compare
- 128 Netherlands 0.0001 units per person compare
- 129 Saudi Arabia 0.0001 units per person compare
- 131 Greece 0.0001 units per person compare
- 132 Portugal 0.0001 units per person compare
- 133 Sierra Leone 0.0001 units per person compare
More work & labour data for Panama
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.192 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1956 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1888 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.09 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 4,652 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,175 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,950 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,955 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,905 1000 No (2100)
Frequently asked questions
- What is monthly minimum wage (local currency), per capita in Panama?
- Monthly minimum wage (local currency), per capita in Panama was 0.0001 units per person in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), per capita recorded in Panama?
- The highest recorded value was 0.0001 units per person in 2018.
- What is the lowest monthly minimum wage (local currency), per capita recorded in Panama?
- The lowest recorded value was 0.0001 units per person in 1997.
- How does Panama rank for monthly minimum wage (local currency), per capita?
- Panama ranks 130th out of 170 countries with data for 2024.
- Is monthly minimum wage (local currency), per capita rising or falling in Panama?
- Over the last ten years it is down 0.1%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Monthly minimum wage (Local currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Monthly minimum wage (Local currency) ÷ Population, total
Computed from
- Monthly minimum wage International Labour Organization
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Monthly minimum wage (Local currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.