Average hourly earnings of employees in agriculture (2021 base) in Panama

Panama: Average hourly earnings of employees in agriculture (2021 base) was 5.14 USD_PPP/cap in 2024. ▲ Rising

Latest (2024)
5.14 USD_PPP/cap
Change on year
up 18.7%
World rank
13th
of 43 countries
All-time high
7.94 USD_PPP/cap
in 2022
All-time low
2.03 USD_PPP/cap
in 2006
Years of data
19
2003–2024

Average hourly earnings of employees in agriculture (2021 base) in Panama, 2003–2024

24682003201320242003: 2 USD_PPP/cap2006: 2 USD_PPP/cap2007: 2.1 USD_PPP/cap2008: 2.3 USD_PPP/cap2009: 2.2 USD_PPP/cap2011: 2.6 USD_PPP/cap2012: 2.8 USD_PPP/cap2013: 2.9 USD_PPP/cap2014: 3.3 USD_PPP/cap2015: 3.8 USD_PPP/cap2016: 4.4 USD_PPP/cap2017: 4.6 USD_PPP/cap2018: 4.4 USD_PPP/cap2019: 4.3 USD_PPP/cap2020: 4.2 USD_PPP/cap2021: 5.1 USD_PPP/cap2022: 7.9 USD_PPP/cap2023: 4.3 USD_PPP/cap2024: 5.1 USD_PPP/cap

Source: Food and Agriculture Organization of the United Nations. Measured in USD_PPP/cap.

Analysis

In 2024, average hourly earnings of employees in agriculture (2021 base) in Panama stood at 5.14 USD_PPP/cap.

That represents a change of up 18.7% on the previous year and up 56.2% over ten years.

Over the whole period, average hourly earnings of employees in agriculture (2021 base) in Panama peaked at 7.94 USD_PPP/cap in 2022 and was at its lowest, 2.03 USD_PPP/cap, in 2006.

Panama ranks 13th of 43 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 19 years of available data.

Average hourly earnings of employees in agriculture (2021 base) in Panama, year by year

Annual values for Average hourly earnings of employees in agriculture (2021 base period) — Value — All age ranges or no breakdown by age — National in Panama, 2003 to 2024.
Year USD_PPP/cap Change
2003 2.05 USD_PPP/cap
2006 2.03 USD_PPP/cap -1.0%
2007 2.07 USD_PPP/cap +2.0%
2008 2.28 USD_PPP/cap +10.1%
2009 2.2 USD_PPP/cap -3.5%
2011 2.57 USD_PPP/cap +16.8%
2012 2.84 USD_PPP/cap +10.5%
2013 2.93 USD_PPP/cap +3.2%
2014 3.29 USD_PPP/cap +12.3%
2015 3.78 USD_PPP/cap +14.9%
2016 4.36 USD_PPP/cap +15.3%
2017 4.62 USD_PPP/cap +6.0%
2018 4.41 USD_PPP/cap -4.5%
2019 4.33 USD_PPP/cap -1.8%
2020 4.21 USD_PPP/cap -2.8%
2021 5.08 USD_PPP/cap +20.7%
2022 7.94 USD_PPP/cap +56.3%
2023 4.33 USD_PPP/cap -45.5%
2024 5.14 USD_PPP/cap +18.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.13 USD_PPP/cap 2.03 USD_PPP/cap 2.28 USD_PPP/cap 5
2010s 3.68 USD_PPP/cap 2.57 USD_PPP/cap 4.62 USD_PPP/cap 9
2020s 5.34 USD_PPP/cap 4.21 USD_PPP/cap 7.94 USD_PPP/cap 5

Countries ranked near Panama

  1. 10 Greece 6.6 USD_PPP/cap compare
  2. 11 Costa Rica 5.69 USD_PPP/cap compare
  3. 12 Paraguay 5.36 USD_PPP/cap compare
  4. 14 Mauritius 5.07 USD_PPP/cap compare
  5. 15 Jordan 4.73 USD_PPP/cap compare
  6. 16 Thailand 4.64 USD_PPP/cap compare

See the full ranking of 50 places →

More agriculture & rural data for Panama

All data for Panama →

Frequently asked questions

What is average hourly earnings of employees in agriculture (2021 base) in Panama?
Average hourly earnings of employees in agriculture (2021 base) in Panama was 5.14 USD_PPP/cap in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest average hourly earnings of employees in agriculture (2021 base) recorded in Panama?
The highest recorded value was 7.94 USD_PPP/cap in 2022.
What is the lowest average hourly earnings of employees in agriculture (2021 base) recorded in Panama?
The lowest recorded value was 2.03 USD_PPP/cap in 2006.
How does Panama rank for average hourly earnings of employees in agriculture (2021 base)?
Panama ranks 13th out of 43 countries with data for 2024.
Is average hourly earnings of employees in agriculture (2021 base) rising or falling in Panama?
Over the last ten years it is up 56.2%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Average hourly earnings of employees in agriculture (2021 base period) — Value — All age ranges or no breakdown by age — National. Statizoid updates them automatically from the source API.

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Average hourly earnings of employees in agriculture (2021 base) in Panama. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 11 September 2026, from https://agriculture.statizoid.com/stat/average-hourly-earnings-of-employees-in-agriculture-2021-base-period-value-all-age-ranges/panama/

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About this data

Indicator
Average hourly earnings of employees in agriculture (2021 base period) — Value — All age ranges or no breakdown by age — National
Unit
USD_PPP/cap
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
50 places, 657 data points, 2000–2024
Last refreshed

The Suite of Gender Indicators presents a set of indicators relevant to agrifood systems that are disaggregated by sex, with the aim of highlighting gender differences across agrifood systems. The initial set of indicators is based on those used in FAO’s 2023 Status of Women in Agrifood Systems (SWAFS) report and on the recommendations of an expert consultation held in December 2023, and covers key dimensions including economic participation, governance, agency, social norms, assets and services, education, health, and nutrition. Indicator selection was informed by expert judgment and by the availability of data with sufficient geographic and temporal coverage to enable meaningful comparisons across regions and over time. While most indicators are produced and published by FAO and other international organizations, the objective of this domain is to provide a one-stop shop for sex-disaggregated data on agrifood systems.