The national gross income per capita in Panama increased by 960 U.S. dollars (+5.63 percent) in 2023 in comparison to the previous year. With 18,010 U.S. dollars, the national gross income thereby reached its highest value in the observed period. Gross national income (GNI) per capita is the total value of money received by a country, from both domestic or foreign sources, divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which implements a price adjusted, three year moving average, smoothing out fluctuations in exchange rates.Find more statistics on other topics about Panama with key insights such as value added by the services industry to the gross domestic product, share of value added by the services industry to gross domestic product, value added by the agriculture, forestry, and fishing sector to the gross domestic product.
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License information was derived automatically
Context
The dataset presents the median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau in Panama City Beach. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. It also showcases the annual income trends, between 2013 and 2023, providing insights into the economic shifts within diverse racial communities.The dataset can be utilized to gain insights into income disparities and variations across racial categories, aiding in data analysis and decision-making..
Key observations
When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.
Racial categories include:
Variables / Data Columns
Good to know
Margin of Error
Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.
Custom data
If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.
Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.
This dataset is a part of the main dataset for Panama City Beach median household income by race. You can refer the same here
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Graph and download economic data for Average Weekly Wages for Employees in Federal Government Establishments in Panama City-Lynn Haven, FL (MSA) (ENUC374640110) from Q1 1990 to Q3 2024 about Panama City, establishments, average, federal, FL, wages, government, employment, and USA.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Context
The dataset presents median income data over a decade or more for males and females categorized by Total, Full-Time Year-Round (FT), and Part-Time (PT) employment in Panama. It showcases annual income, providing insights into gender-specific income distributions and the disparities between full-time and part-time work. The dataset can be utilized to gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals.
Key observations: Insights from 2023
Based on our analysis ACS 2019-2023 5-Year Estimates, we present the following observations: - All workers, aged 15 years and older: In Panama, the median income for all workers aged 15 years and older, regardless of work hours, was $40,074 for males and $18,438 for females.
These income figures highlight a substantial gender-based income gap in Panama. Women, regardless of work hours, earn 46 cents for each dollar earned by men. This significant gender pay gap, approximately 54%, underscores concerning gender-based income inequality in the town of Panama.
- Full-time workers, aged 15 years and older: In Panama, among full-time, year-round workers aged 15 years and older, males earned a median income of $57,585, while females earned $37,500, leading to a 35% gender pay gap among full-time workers. This illustrates that women earn 65 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.Remarkably, across all roles, including non-full-time employment, women displayed a similar gender pay gap percentage. This indicates a consistent gender pay gap scenario across various employment types in Panama, showcasing a consistent income pattern irrespective of employment status.
When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.
Gender classifications include:
Employment type classifications include:
Variables / Data Columns
Good to know
Margin of Error
Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.
Custom data
If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.
Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.
This dataset is a part of the main dataset for Panama median household income by race. You can refer the same here
Costa Rica is the country with the highest minimum monthly wage in Latin America. According to the minimum salary established by law as of January 2024, workers in the Central American country enjoy a basic monthly wage of over 687 U.S. dollars, an increase of 1.83 percent compared to the previous year and over 100 U.S. dollars more than the second place, Uruguay. On the other side of the spectrum is Venezuela, where employees are only guaranteed by law a minimum salary of 130 bolívares or little more than three dollars per month. Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 25 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2020, the average net monthly salary in Mexico was barely higher than Chile's minimum wage in 2021. What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work at least two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Context
The dataset presents the distribution of median household income among distinct age brackets of householders in Panama. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Panama. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.
Key observations: Insights from 2023
In terms of income distribution across age cohorts, in Panama, the median household income stands at $63,750 for householders within the 25 to 44 years age group, followed by $60,000 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $43,750.
When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.
Age groups classifications include:
Variables / Data Columns
Good to know
Margin of Error
Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.
Custom data
If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.
Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.
This dataset is a part of the main dataset for Panama median household income by age. You can refer the same here
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Context
The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Panama: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..
Key observations
When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.
Income brackets:
Variables / Data Columns
Good to know
Margin of Error
Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.
Custom data
If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.
Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.
This dataset is a part of the main dataset for Panama median household income by age. You can refer the same here
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Average Weekly Earnings of All Employees: Total Private in Panama City, FL (MSA) was 873.47000 $ per Week in January of 2022, according to the United States Federal Reserve. Historically, Average Weekly Earnings of All Employees: Total Private in Panama City, FL (MSA) reached a record high of 924.71000 in September of 2021 and a record low of 561.77000 in March of 2010. Trading Economics provides the current actual value, an historical data chart and related indicators for Average Weekly Earnings of All Employees: Total Private in Panama City, FL (MSA) - last updated from the United States Federal Reserve on March of 2025.
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License information was derived automatically
Panama City, FL - Average Weekly Wages for Employees in Total Covered Establishments in Panama City-Lynn Haven, FL (MSA) was 943.04249 $ per Week in July of 2021, according to the United States Federal Reserve. Historically, Panama City, FL - Average Weekly Wages for Employees in Total Covered Establishments in Panama City-Lynn Haven, FL (MSA) reached a record high of 943.04249 in July of 2021 and a record low of 329.84154 in April of 1990. Trading Economics provides the current actual value, an historical data chart and related indicators for Panama City, FL - Average Weekly Wages for Employees in Total Covered Establishments in Panama City-Lynn Haven, FL (MSA) - last updated from the United States Federal Reserve on March of 2025.
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License information was derived automatically
Les salaires au Panama ont augmenté à 1288 PAB/mois en 2023 contre 1275 PAB/mois en 2022. Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Panama - Salaires.
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License information was derived automatically
Panama City, FL - Average Weekly Wages for Employees in Local Government Establishments in Panama City-Lynn Haven, FL (MSA) was 785.00000 $ per Week in July of 2021, according to the United States Federal Reserve. Historically, Panama City, FL - Average Weekly Wages for Employees in Local Government Establishments in Panama City-Lynn Haven, FL (MSA) reached a record high of 935.00000 in April of 2021 and a record low of 262.00000 in April of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for Panama City, FL - Average Weekly Wages for Employees in Local Government Establishments in Panama City-Lynn Haven, FL (MSA) - last updated from the United States Federal Reserve on March of 2025.
Uruguay was the Latin American country with the highest average monthly salary as of 2024, with a net value of around 1,088 U.S. dollars per month, followed by Costa Rica, with 947 U.S. dollars per month. Employment development areas in Latin America Following the recuperation in this sector after the job losses endured throughout the COVID-19 pandemic, the unemployment rate persists in its endeavor to stabilize. Informal employment remains as the predominant actor across most Latin American countries, serving as a primary avenue for economic sustenance. Notably, the construction sector has experienced substantial growth, outpacing other relevant industries like tourism and hospitality. Poverty Throughout the past two decades, poverty levels in Latin America remain unchanged. Honduras takes the lead as the country bearing the highest poverty rate, with nearly half of its population dwelling in these circumstances. Across the region, the prevalent delineation is that of individuals classified within the non-extreme and lower-middle poverty strata, characterized by modest income levels.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Context
The dataset presents median income data over a decade or more for males and females categorized by Total, Full-Time Year-Round (FT), and Part-Time (PT) employment in Panama. It showcases annual income, providing insights into gender-specific income distributions and the disparities between full-time and part-time work. The dataset can be utilized to gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals.
Key observations: Insights from 2023
Based on our analysis ACS 2019-2023 5-Year Estimates, we present the following observations: - All workers, aged 15 years and older: In Panama, the median income for all workers aged 15 years and older, regardless of work hours, was $61,667 for males and $41,000 for females.
These income figures highlight a substantial gender-based income gap in Panama. Women, regardless of work hours, earn 66 cents for each dollar earned by men. This significant gender pay gap, approximately 34%, underscores concerning gender-based income inequality in the city of Panama.
- Full-time workers, aged 15 years and older: In Panama, among full-time, year-round workers aged 15 years and older, males earned a median income of $72,188, while females earned $47,361, leading to a 34% gender pay gap among full-time workers. This illustrates that women earn 66 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.Remarkably, across all roles, including non-full-time employment, women displayed a similar gender pay gap percentage. This indicates a consistent gender pay gap scenario across various employment types in Panama, showcasing a consistent income pattern irrespective of employment status.
When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.
Gender classifications include:
Employment type classifications include:
Variables / Data Columns
Good to know
Margin of Error
Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.
Custom data
If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.
Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.
This dataset is a part of the main dataset for Panama median household income by race. You can refer the same here
Panama scored 0.72 in the gender gap index area of economic participation and opportunity in 2024. This means that women are 27 percent less likely to have equal economic participation and opportunities than men. That year, the country scored 0.7 in estimated earned income, which shows that, on average, women in Panama earn 70 percent of the income earned by men.
How much do software development professionals earn in Latin America? Among the presented countries, software developers in Panama had the highest median annual salary, amounting to 50 thousand U.S. dollars.
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License information was derived automatically
Panama PA: Wage And Salaried Workers: Modeled ILO Estimate: Female: % of Female Employment data was reported at 66.733 % in 2017. This records an increase from the previous number of 66.591 % for 2016. Panama PA: Wage And Salaried Workers: Modeled ILO Estimate: Female: % of Female Employment data is updated yearly, averaging 74.855 % from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 83.939 % in 1993 and a record low of 66.415 % in 2015. Panama PA: Wage And Salaried Workers: Modeled ILO Estimate: Female: % of Female Employment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank: Employment and Unemployment. Wage and salaried workers (employees) are those workers who hold the type of jobs defined as 'paid employment jobs,' where the incumbents hold explicit (written or oral) or implicit employment contracts that give them a basic remuneration that is not directly dependent upon the revenue of the unit for which they work.; ; International Labour Organization, ILOSTAT database. Data retrieved in November 2017.; Weighted average; Data up to 2016 are estimates while data from 2017 are projections.
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Graph and download economic data for Average Weekly Earnings of All Employees: Total Private in Panama City, FL (MSA) (SMU12374600500000011A) from 2007 to 2024 about Panama City, earnings, FL, private, employment, and USA.
In 2023, four Caribbean nations were the countries with the highest gross national income per capita in Latin America and the Caribbean. On average, the national gross income amounted to around 31,990 U.S. dollars per person in the Bahamas, an island country which also had one of the highest gross domestic product per capita in this region. Outside the Caribbean Excluding the Caribbean, the economies with the highest national income per capita are generally located in South America, with the exceptions of Panama, Costa Rica and Mexico. Guyana leads among continental states with a national income of around 20.360 U.S. dollars per person. Gross national income (GNI) is the aggregated sum of the value added by residents in an economy, plus net taxes (minus subsidies) and net receipts of primary income from abroad. The biggest economies Brazil and Mexico are still miles ahead in the race for the biggest economy of Latin America. As of 2023, both nations exceeded the two trillion U.S. dollars mark in their Gross Domestic Product (GDP). While Argentina's GDP, third place, slightly surpassed the 600 billion U.S. dollars. Nonetheless, both nations also ranked as the most populated by far in the region.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Context
The dataset presents median income data over a decade or more for males and females categorized by Total, Full-Time Year-Round (FT), and Part-Time (PT) employment in Panama. It showcases annual income, providing insights into gender-specific income distributions and the disparities between full-time and part-time work. The dataset can be utilized to gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals.
Key observations: Insights from 2023
Based on our analysis ACS 2019-2023 5-Year Estimates, we present the following observations: - All workers, aged 15 years and older: In Panama, the median income for all workers aged 15 years and older, regardless of work hours, was $34,048 for males and $23,088 for females.
These income figures highlight a substantial gender-based income gap in Panama. Women, regardless of work hours, earn 68 cents for each dollar earned by men. This significant gender pay gap, approximately 32%, underscores concerning gender-based income inequality in the village of Panama.
- Full-time workers, aged 15 years and older: In Panama, among full-time, year-round workers aged 15 years and older, males earned a median income of $54,191, while females earned $46,042, resulting in a 15% gender pay gap among full-time workers. This illustrates that women earn 85 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the village of Panama.Interestingly, when analyzing income across all roles, including non-full-time employment, the gender pay gap percentage was higher for women compared to men. It appears that full-time employment presents a more favorable income scenario for women compared to other employment patterns in Panama.
When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.
Gender classifications include:
Employment type classifications include:
Variables / Data Columns
Good to know
Margin of Error
Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.
Custom data
If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.
Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.
This dataset is a part of the main dataset for Panama median household income by race. You can refer the same here
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Context
The dataset presents the mean household income for each of the five quintiles in Panama, IA, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.
Key observations
When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.
Income Levels:
Variables / Data Columns
Good to know
Margin of Error
Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.
Custom data
If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.
Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.
This dataset is a part of the main dataset for Panama median household income. You can refer the same here
The national gross income per capita in Panama increased by 960 U.S. dollars (+5.63 percent) in 2023 in comparison to the previous year. With 18,010 U.S. dollars, the national gross income thereby reached its highest value in the observed period. Gross national income (GNI) per capita is the total value of money received by a country, from both domestic or foreign sources, divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which implements a price adjusted, three year moving average, smoothing out fluctuations in exchange rates.Find more statistics on other topics about Panama with key insights such as value added by the services industry to the gross domestic product, share of value added by the services industry to gross domestic product, value added by the agriculture, forestry, and fishing sector to the gross domestic product.