Average hourly earnings of employees in agriculture (2021 base) in Panama
Panama: Average hourly earnings of employees in agriculture (2021 base) was 4.92 USD_PPP/cap in 2024. ▲ Rising
Average hourly earnings of employees in agriculture (2021 base) in Panama, 2003–2024
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 4.92 USD_PPP/cap.
The figure is down 2.6% on the previous year and down 2.2% over ten years.
Over the whole period, average hourly earnings of employees in agriculture (2021 base) in Panama peaked at 10.6 USD_PPP/cap in 2016 and was at its lowest, 2.05 USD_PPP/cap, in 2003.
That places Panama 15th out of 43 countries with data for 2024, putting it 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
| Year | USD_PPP/cap | Change |
|---|---|---|
| 2003 | 2.05 USD_PPP/cap | — |
| 2006 | 2.71 USD_PPP/cap | +32.2% |
| 2007 | 3.03 USD_PPP/cap | +11.8% |
| 2008 | 2.06 USD_PPP/cap | -32.0% |
| 2009 | 2.56 USD_PPP/cap | +24.3% |
| 2011 | 3.83 USD_PPP/cap | +49.6% |
| 2012 | 3.2 USD_PPP/cap | -16.4% |
| 2013 | 3.75 USD_PPP/cap | +17.2% |
| 2014 | 5.03 USD_PPP/cap | +34.1% |
| 2015 | 5.16 USD_PPP/cap | +2.6% |
| 2016 | 10.6 USD_PPP/cap | +105.4% |
| 2017 | 9.03 USD_PPP/cap | -14.8% |
| 2018 | 4.87 USD_PPP/cap | -46.1% |
| 2019 | 7.25 USD_PPP/cap | +48.9% |
| 2020 | 6.84 USD_PPP/cap | -5.7% |
| 2021 | 7.43 USD_PPP/cap | +8.6% |
| 2022 | 9.53 USD_PPP/cap | +28.3% |
| 2023 | 5.05 USD_PPP/cap | -47.0% |
| 2024 | 4.92 USD_PPP/cap | -2.6% |
Panama compared with similar countries
- Panama's 4.92 USD_PPP/cap is below the median for high income countries, which is 9.2 USD_PPP/cap, 53% of the median. (9 countries reporting)
- Panama's 4.92 USD_PPP/cap is above the median for Latin America & Caribbean, which is 4.22 USD_PPP/cap, 1.2× the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.48 USD_PPP/cap | 2.05 USD_PPP/cap | 3.03 USD_PPP/cap | 5 |
| 2010s | 5.86 USD_PPP/cap | 3.2 USD_PPP/cap | 10.6 USD_PPP/cap | 9 |
| 2020s | 6.75 USD_PPP/cap | 4.92 USD_PPP/cap | 9.53 USD_PPP/cap | 5 |
Countries ranked near Panama
- 12 Costa Rica 6 USD_PPP/cap compare
- 13 Paraguay 5.6 USD_PPP/cap compare
- 14 Dominican Republic 5.09 USD_PPP/cap compare
- 16 Mongolia 4.86 USD_PPP/cap compare
- 17 Philippines 4.64 USD_PPP/cap compare
- 18 Thailand 4.32 USD_PPP/cap compare
More agriculture & rural data for Panama
- Agriculture, forestry, and fishing, value added (current US$), annual 2.06 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0262 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 518.14 current US$ per person (2025)
- Rural population, annual growth rate 0.7724 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.3385 units per person (2025)
- Share of GDP from agriculture 2.6% (2025)
- Agriculture as a share of GDP vs. GDP per capita 2.6% (2025)
- Agricultural raw materials exports 4.7% (2024)
- Agricultural raw materials imports 0.4% (2024)
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 4.92 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 10.6 USD_PPP/cap in 2016.
- What is the lowest average hourly earnings of employees in agriculture (2021 base) recorded in Panama?
- The lowest recorded value was 2.05 USD_PPP/cap in 2003.
- How does Panama rank for average hourly earnings of employees in agriculture (2021 base)?
- Panama ranks 15th 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 down 2.2%. 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 — Female — All age ranges or no breakdown by age — National. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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.