Costa Rica vs Panama: Average hourly earnings of male and female employees
Costa Rica
9.49 international-$ in 2021 prices
in 2024
Panama
9.82 international-$ in 2021 prices
in 2024
Costa Rica rank
26th
Panama rank
24th
Average hourly earnings of male and female employees over time
- Costa Rica
- Panama
How they compare
Panama currently reports 9.82 international-$ in 2021 prices against 9.49 international-$ in 2021 prices in Costa Rica, a difference of 0.33 international-$ in 2021 prices.
The two have swapped places 4 times across 27 shared years of data; in 1991 it was Panama ahead.
Costa Rica ranks 26th and Panama ranks 24th of 64 countries.
Panama has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Costa Rica | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.54 international-$ in 2021 prices | 4.83 international-$ in 2021 prices | 1.3 international-$ in 2021 prices | Panama |
| 2000s | 4.58 international-$ in 2021 prices | 4.89 international-$ in 2021 prices | 0.3101 international-$ in 2021 prices | Panama |
| 2010s | 7.21 international-$ in 2021 prices | 8.07 international-$ in 2021 prices | 0.8636 international-$ in 2021 prices | Panama |
| 2020s | 9.39 international-$ in 2021 prices | 10.14 international-$ in 2021 prices | 0.749 international-$ in 2021 prices | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average hourly earnings of male and female employees, Costa Rica or Panama?
- Panama, at 9.82 international-$ in 2021 prices against 9.49 international-$ in 2021 prices in Costa Rica as of 2024.
- What is the difference in average hourly earnings of male and female employees between Costa Rica and Panama?
- 0.33 international-$ in 2021 prices, with Panama ahead.
- How many years of comparable data are there for Costa Rica and Panama?
- 27 years are reported by both, from 1991 to 2024.
- How do Costa Rica and Panama rank globally for average hourly earnings of male and female employees?
- Costa Rica ranks 26th and Panama ranks 24th of 64 countries.
- Where does this data come from?
- International Labour Organization (2026) – with major processing by Our World in Data, published as Average hourly earnings of male and female employees. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross remuneration for time worked or work done, vacation, and other types of paid leave.