Low pay rate in Panama
Panama: Low pay rate was 13.71 in 2025. ▼ Falling
Low pay rate in Panama, 1995–2025
Source: International Labour Organization.
Analysis
In 2025, low pay rate in Panama stood at 13.71. That is the lowest value across all 28 years on record.
That represents a change of down 16.4% on the previous year and down 12.8% over ten years.
Over the whole period, low pay rate in Panama peaked at 27.25 in 1997 and was at its lowest, 13.71, in 2025.
Panama ranks 59th of 84 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Low pay rate in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 26.6 | — |
| 1997 | 27.25 | +2.4% |
| 2000 | 20.3 | -25.5% |
| 2001 | 16 | -21.2% |
| 2002 | 19 | +18.8% |
| 2003 | 23.95 | +26.1% |
| 2004 | 17.8 | -25.7% |
| 2005 | 18.7 | +5.1% |
| 2006 | 20.53 | +9.8% |
| 2007 | 21.88 | +6.6% |
| 2008 | 21.98 | +0.5% |
| 2009 | 21.52 | -2.1% |
| 2010 | 20.15 | -6.4% |
| 2011 | 16.75 | -16.9% |
| 2012 | 16.88 | +0.8% |
| 2013 | 16.75 | -0.8% |
| 2014 | 16.01 | -4.4% |
| 2015 | 15.73 | -1.7% |
| 2016 | 14.83 | -5.7% |
| 2017 | 15.95 | +7.5% |
| 2018 | 15.75 | -1.2% |
| 2019 | 15.5 | -1.6% |
| 2020 | 21.95 | +41.6% |
| 2021 | 17.15 | -21.9% |
| 2022 | 20.61 | +20.2% |
| 2023 | 14.89 | -27.7% |
| 2024 | 16.41 | +10.2% |
| 2025 | 13.71 | -16.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26.92 | 26.6 | 27.25 | 2 |
| 2000s | 20.17 | 16 | 23.95 | 10 |
| 2010s | 16.43 | 14.83 | 20.15 | 10 |
| 2020s | 17.45 | 13.71 | 21.95 | 6 |
Countries ranked near Panama
More gender data for Panama
- Child population (UN estimates and projections) 1,093 (2030)
- Child population (UN estimates and projections) (0-14), annual growth -0.6093 % change on previous year (2030)
- Age population, age 00, female, interpolated 34,683 (2025)
- Age population, age 00, male, interpolated 36,470 (2025)
- Age population, age 01, female, interpolated 34,602 (2025)
- Age population, age 01, male, interpolated 36,393 (2025)
- Age population, age 02, female, interpolated 34,517 (2025)
- Age population, age 02, male, interpolated 36,313 (2025)
- Age population, age 03, female, interpolated 34,492 (2025)
- Age population, age 03, male, interpolated 36,292 (2025)
Frequently asked questions
- What is low pay rate in Panama?
- Low pay rate in Panama was 13.71 in 2025, according to International Labour Organization.
- What is the highest low pay rate recorded in Panama?
- The highest recorded value was 27.25 in 1997.
- What is the lowest low pay rate recorded in Panama?
- The lowest recorded value was 13.71 in 2025.
- How does Panama rank for low pay rate?
- Panama ranks 59th out of 84 countries with data for 2025.
- Is low pay rate rising or falling in Panama?
- Over the last ten years it is down 12.8%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from International Labour Organization, published as part of Low pay rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
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. This measure of earnings dispersion refers to the proportion of employees whose hourly earnings at all jobs were less than two-thirds of median hourly earnings. For more information, refer to the Wages and Working Time Statistics (COND) database description.