average salary in Panama PANAMA SALARY

Average gross salary for Panama GROSS SALARY
US$ 67,922
Average net salary for Panama NET SALARY
US$ 53,124
The most typical salary for Panama MOST TYPICAL GROSS
US$ 24,338
  Updated: 06 Apr 2020   Diff. gross vs. net: 21%
  Salary entries: 138

Panama Earnings

Average salary in Panama is US$ 67,922.

Average take home earning is US$ 53,124 (Net).

The most typical salary is US$ 24,338 (Gross).

These data are from our visitors surveys (138 individual salaries).

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-Peter Drucker

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Percentage of people Earn this salary or more
8 % US$ 235,454
11 % US$ 142,000
25 % US$ 101,051
51 % US$ 52,380
84 % US$ 24,338
94 % US$ 14,685
97 % US$ 6,544
Career Avg. gross salary Salary entries
Human Resources Manager US$ 92,502 07
Engineer US$ 44,000 05
IT Project Manager US$ 69,600 04
Finance Manager US$ 94,700 03
Operations Manager US$ 83,000 03
Director US$ 80,000 03
IT Manager US$ 75,000 03
Marketing Manager US$ 53,000 03
Human Resource US$ 31,849 03
Lawyer US$ 21,666 03
City Avg. gross salary Salary entries
Panama City US$ 68,982 125
San Miguelito US$ 40,000 02

Salary entries from individual employees for Panama

Below is the list of 100 individual salary profiles - all added on this website.

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(55/55)  SHIFT ELECTRICAL TECHNICIAN


 Posted: 06 Apr 2020

Some College, 4-8 years: "Container cranes maintenance, including PLC and variable frequency drives maintenance."
Individual GROSS salary:
US$ 31,000

(54/55)  MANAGER


 Posted: 02 Apr 2020

Bachelors Degree, 16-20 years: "Accounts Payable, Payments Processing, General Ledger Reconciliation."
Individual GROSS salary:
US$ 100,000

(53/55)  MARKETING COORDINATOR


 Posted: 25 Mar 2020

Bachelors Degree, 8-12 years: "Event organization."
Individual GROSS salary:
US$ 55,000

(52/55)  MOBILE WIRELESS NETWORK ENGINEER


 Posted: 18 Jan 2020

Bachelors Degree, 8-12 years: "Implement wide quantity of sites of 3G and 4G sites near 5 years experience. Implement OSS solutions for Huawei Mobile Network. Technical Director for one telecommunciation mobile operator at Panama city for 2 years. Currently Service Project Manager for biggest operator in Panama City, main tasks consist on keep Huawei Network Secure and Stable throughout Network Health Checks, Drillings, Periodic Network testing, licenses and EOS dates updated."
Individual GROSS salary:
US$ 27,000

(51/55)  SOFTWARE MANAGER


 Posted: 07 Dec 2019

Masters Degree, 20+ years: "I'm an expert in software project with 20+ year experience developing comercial software here in Panama."
Individual GROSS salary:
US$ 72,000

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(50/55)  THERAPEUTIC AREA HEAD


 Posted: 03 Dec 2019

Masters Degree, 4-8 years: "Med school and two specialties in Mexico. Entrance to pharma industry 8 year ago. Relocated recently in Panama."
Individual GROSS salary:
US$ 94,900

(49/55)  DATABASE DEVELOPER


 Posted: 03 Dec 2019

High School, 20+ years: "Develop database application and manage data."
Individual GROSS salary:
US$ 180,000

(48/55)  REGIONAL FACILITY MANAGER


 Posted: 22 Nov 2019

Bachelors Degree, 8-12 years: "Enterprise Facility Manager in the RE field."
Individual GROSS salary:
US$ 54,600

(47/55)  PSYCHIATRIST


 Posted: 05 Nov 2019

Doctorate Degree, 1-2 years: "Work with patients who have psychiatric disorders and create a medical plan."
Individual GROSS salary:
US$ 250,000

(46/55)  HEAD OF FINANCE AND OPERATIONS


 Posted: 31 Oct 2019

Masters Degree, 4-8 years: "Manage budget, forecast and operations."
Individual GROSS salary:
US$ 54,104

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(45/55)  PROJECT MANAGER


 Posted: 24 Sep 2019

Bachelors Degree, 20+ years: "Program and Project Management."
Individual GROSS salary:
US$ 26,400

(44/55)  CHIEF INFORMATION OFFICER


 Posted: 20 Sep 2019

Masters Degree, 20+ years: "Strategy design and develop for the technology department."
Individual GROSS salary:
US$ 300,000

(43/55)  SENIOR MARKETING DIRECTOR


 Posted: 17 Sep 2019

Masters Degree, 16-20 years: "P&L, Advertising, Promotion, Digital Marketing."
Individual GROSS salary:
US$ 300,000

(42/55)  SOFTWARE DEVELOPER


 Posted: 09 Sep 2019

Masters Degree, 4-8 years: "Develop things."
Individual GROSS salary:
US$ 35,000

(41/55)  RESEARCH ANALYST


 Posted: 23 Jul 2019

Bachelors Degree, 1-2 years: "Manufacturing due dilligence reports."
Individual GROSS salary:
US$ 16,000

(40/55)  ASSOCIATE MANAGER


 Posted: 02 Jul 2019

Bachelors Degree, 16-20 years: "Research of connectivity solutions."
Individual GROSS salary:
US$ 130,000

(39/55)  TAX MANAGER


 Posted: 26 Jun 2019

Masters Degree, 4-8 years: "Manage Global Projects; ensure compliance; support tax audits."
Individual GROSS salary:
US$ 85,000

(38/55)  FINANCE & ADMINISTRATION DIRECTOR


 Posted: 05 Jun 2019

Masters Degree, 20+ years: "F&A, IT, PS & Legal."
Individual GROSS salary:
US$ 290,000

(37/55)  GENERAL MANAGER


 Posted: 28 May 2019

Bachelors Degree, 12-16 years: "Managing a regional team."
Individual GROSS salary:
US$ 120,000

(36/55)  PARTNER


 Posted: 08 May 2019

Masters Degree, 8-12 years: "Head of corporate deparment."
Individual GROSS salary:
US$ 28,800

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(35/55)  TECH SENIOR ACC


 Posted: 08 May 2019

High School, 4-8 years: "Tech for 7 years."
Individual GROSS salary:
US$ 28,000

(34/55)  SENIOR MANAGER


 Posted: 03 May 2019

Bachelors Degree, 16-20 years: "1. Lead innovation effort for total region 2. Consulting 3. Lean startup."
Individual GROSS salary:
US$ 164,000

(33/55)  HUMAN RESOURCES MANAGER


 Posted: 21 Mar 2019

Bachelors Degree, 20+ years: "Resposible for recruitment and selection. Develop training programs. Follow up the salary market for being competitive."
Individual GROSS salary:
US$ 40,000

(32/55)  ATTORNEY AT LAW-HEAD OF CORPORATE DEPARTMENT


 Posted: 07 Mar 2019

Masters Degree, 12-16 years: "I manage the corporate department."
Individual GROSS salary:
US$ 29,000

(31/55)  HR RIGIONAL MANAGER LATAM


 Posted: 22 Feb 2019

Bachelors Degree, 20+ years: "+15 yrs working in HR roles within Multinational Companies."
Individual GROSS salary:
US$ 104,520

(30/55)  BUSINESS ANALYST


 Posted: 13 Feb 2019

Bachelors Degree, 2-4 years: "Copa airlines analyst."
Individual GROSS salary:
US$ 15,000

(29/55)  HUMAN RESOURCES COORDINATOR


 Posted: 08 Feb 2019

Bachelors Degree, 4-8 years: "Human Resources Coordinator."
Individual GROSS salary:
US$ 26,000

(28/55)  SENIOR FINANCIAL ANALYST


 Posted: 03 Feb 2019

Masters Degree, 4-8 years: "Senior Financial Analyst."
Individual GROSS salary:
US$ 52,000

(27/55)  IS OFFICER


 Posted: 31 Jan 2019

Masters Degree, 4-8 years: "Worked in france as business analayst and now as IT Officer."
Individual GROSS salary:
US$ 3,000

(26/55)  HVAC TECH


 Posted: 06 Jan 2019

Some College, 1-2 years: "HVAC a/c repairs tech."
Individual GROSS salary:
US$ 40,000

(25/55)  OPERATIONS ANALYST


 Posted: 02 Jan 2019

Bachelors Degree, 2-4 years: "Coordinating with data intake teams to onboard new data for processing and review."
Individual GROSS salary:
US$ 26,000

(24/55)  BUSINESS ANALYST


 Posted: 27 Sep 2018

Bachelors Degree, 8-12 years: "Job entails working as Subject Matter Expert."
Individual GROSS salary:
US$ 60,000

(23/55)  HR ADMIN


 Posted: 26 Sep 2018

Bachelors Degree, 8-12 years: "Supporting and coordinating Shared services for EMEA plus supporting Compensation and benefits."
Individual GROSS salary:
US$ 32,500

(22/55)  BUSINESS DEVELOPMENT DIRECTOR


 Posted: 10 Sep 2018

Masters Degree, 20+ years: "Business development."
Individual GROSS salary:
US$ 100,000

(21/55)  BUSINESS OPP MANAGER


 Posted: 03 Sep 2018

Masters Degree, 1-2 years: "In charge of central america's public sales in a pharamaceutical's BU."
Individual GROSS salary:
US$ 100,000

(20/55)  FINANCE MANAGER


 Posted: 24 Aug 2018

Masters Degree, 12-16 years: "Financial Planning and Analysis."
Individual GROSS salary:
US$ 90,560

(19/55)  GENERAL DIRECTOR


 Posted: 20 Aug 2018

Bachelors Degree, 4-8 years: "Contry Director for fuels."
Individual GROSS salary:
US$ 120,000

(18/55)  HEAD OF HUMANITIES


 Posted: 18 Aug 2018

Bachelors Degree, 4-8 years: "Head of Humanities with a role in manager."
Individual GROSS salary:
US$ 34,000

(17/55)  DIRECTOR SALES AND MARKETING


 Posted: 17 Jul 2018

Bachelors Degree, 8-12 years: "Bringing highest room revenue for the hotel."
Individual GROSS salary:
US$ 70,000

(16/55)  PROJECT MANAGER


 Posted: 06 Jul 2018

Bachelors Degree, 12-16 years: "Project Management in IT projects."
Individual GROSS salary:
US$ 120,000

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(15/55)  CREDIT ANALYST


 Posted: 15 Jun 2018

Masters Degree, 1-2 years: "Financial statement analysis for setting credit lines and general business support and reporting."
Individual GROSS salary:
US$ 13,000

(14/55)  HR DIRECTOR


 Posted: 13 Jun 2018

Bachelors Degree, 16-20 years: "Design and implement HR strategies and responsible for daily operations in multi-countries. Direct multi-functional teams in matrix organizations. Responsible for people and budget."
Individual GROSS salary:
US$ 170,000

(13/55)  WEB DEVELOPER


 Posted: 31 May 2018

Bachelors Degree, 1-2 years: "Web developer, software developer, database manager."
Individual GROSS salary:
US$ 12,000

(12/55)  INVESTMENT BANKING ASSOCIATE


 Posted: 30 May 2018

Masters Degree, 4-8 years: "• Worked closely with clients, their legal counsels and other advisors to identify potential issues in transactions and implement solutions. Created client marketing presentations, enterprise valuations and business models. • Advised corporate clients/shareholders regarding the structuring of mergers and acquisitions."
Individual GROSS salary:
US$ 50,000

(11/55)  REGIONAL MARKETING MANAGER


 Posted: 30 May 2018

Masters Degree, 8-12 years: "Regional Business Planning."
Individual GROSS salary:
US$ 75,000

(10/55)  REGIONAL COMMUNICATIONS MANAGER


 Posted: 14 May 2018

Some College, 4-8 years: "Corporate Communications."
Individual GROSS salary:
US$ 60,000

(9/55)  SENIOR MARKETING DIRECTOR


 Posted: 12 May 2018

Masters Degree, 20+ years: "Regional job with digital competencies."
Individual GROSS salary:
US$ 200,000

(8/55)  CNA


 Posted: 09 Feb 2018

Some College, 2-4 years: "Take vitals, help with adls, collect speciments."
Individual GROSS salary:
US$ 18,000

(7/55)  OPERATIONS MANAGER


 Posted: 22 Jan 2018

Masters Degree, 8-12 years: "Manage field operations for central america and caribean region."
Individual GROSS salary:
US$ 84,000

(6/55)  DIGITAL MARKETING MANAGER


 Posted: 08 Nov 2017

Masters Degree, 8-12 years: "Manage digital assets and advertising campaigns."
Individual GROSS salary:
US$ 42,000

(5/55)  LEADERSHIP


 Posted: 16 Sep 2017

Masters Degree, 12-16 years: "Over see leadership training for government."
Individual GROSS salary:
US$ 50,000

(4/55)  HEAD OF PRICING


 Posted: 31 Aug 2017

Masters Degree, 12-16 years: "Product development and pricing."
Individual GROSS salary:
US$ 100,000

(3/55)  PROGRAM MANAGER


 Posted: 18 Jul 2017

Bachelors Degree, 20+ years: "Program manager - TRaining strategy."
Individual GROSS salary:
US$ 30,000

(2/55)  ELECTRICAL ENGINEER


 Posted: 18 Jul 2017

Bachelors Degree, 8-12 years: "Electrical engineer for power systems, specialized in substations and power lines."
Individual GROSS salary:
US$ 23,400

(1/55)  C & B ANALYST


 Posted: 30 Jun 2017

Masters Degree, 4-8 years: "Compensation and Benefits Analyst."
Individual GROSS salary:
US$ 40,000

  ECONOMY   PANAMA

The economy in Panama has a history with a low inflation rate, and it is highly based on the U.S. dollar. The services accounts almost 80% of its GDP. They include the Panama Canal, Colón Free Trade Zone, container ports, insurance, medical and health, and other business. The poverty in panama was reduced from 37% in 2001 to 12% in year 2012. Anyway, Panama still remain the 2nd most unequal by its income in Latin America.

Panama City Panama City

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  SALARY BY LEVEL    PANAMA

Salary levels Avg. gross salary   Salary entries
More US$ 235,454
11
165K US$ 164,000
01
155K US$ 150,000
01
145K US$ 142,000
02
135K US$ 130,000
01
125K US$ 120,000
03
115K US$ 110,166
03
105K US$ 101,051
13
95K US$ 94,320
03
85K US$ 83,000
05
75K US$ 73,166
06
65K US$ 63,428
07
55K US$ 52,380
15
45K US$ 42,545
11
35K US$ 33,088
17
25K US$ 24,338
17
15K US$ 14,685
14
8K US$ 6,544
04
4K US$ 3,000
01
2K US$ 1,833
03

  SALARY BY GENDER    PANAMA

Avg. gross salary   Salary entries
Men US$ 75,368 88
Women US$ 60,173 40
N/A US$ 33,400 10

  SALARY BY EDUCATION    PANAMA

Avg. gross salary   Salary entries
Doctorate Degree US$ 145,833 06
Masters Degree US$ 80,858 52
Bachelors Degree US$ 62,857 52
Some College US$ 33,933 15
High School US$ 38,013 12
Bellow H. School US$ 60,000 01

Workers holding Doctorate Degree degrees enjoy the highest average gross salaries in Panama. With an earned Doctorate Degree, they grosses US$ 145,833. While Workers with Some College education earn the least, with an average gross income of US$ 33,933. This is 329.77% lower of what Doctorate Degree degree holders earn.


  SALARY BY EXPERIENCE    PANAMA

Avg. gross salary   Salary entries
20+ Years US$ 111,448 21
16-20 Years US$ 124,575 12
12-16 Years US$ 90,547 14
8-12 Years US$ 56,458 25
4-8 Years US$ 48,926 32
2-4 Years US$ 31,943 16
1-2 Years US$ 48,894 14
0-1 Year US$ 24,414 04

Workers in Panama with more years of work experience outperform their counterparts with less experience. Workers with 16-20 Years of experience earn a gross average of US$ 124,575 compared to US$ 24,414 for their counterparts with 0-1 Year of experience. The difference between workers with 16-20 Years of experience and 0-1 Year is 410.26%.


  SALARY BY AGE    PANAMA

Avg. gross salary   Salary entries
63-68 US$ 75,000 01
57-62 US$ 69,500 03
51-56 US$ 129,833 06
45-50 US$ 138,200 15
39-44 US$ 95,584 19
33-38 US$ 64,732 32
27-32 US$ 47,353 33
22-26 US$ 26,001 16
16-21 US$ 8,828 02
Less US$ 20,000 01
N/A US$ 33,400 10
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  SALARY BY FIELD    PANAMA

# Avg. gross salary   Salary entries
1. Engineers & Technicians IV US$ 150,000 01
2. Health Care & Medical US$ 133,980 05
3. Marketing, Sales, Purchase US$ 113,714 07
4. Management & Business US$ 102,660 20
5. Health Care & Medical II US$ 80,500 04
6. IT & Telecommunication II US$ 80,000 04
7. Accounting & Administration US$ 69,770 10
8. Human Resources US$ 66,540 14
9. Organization & Coordination US$ 66,000 02
10. Properties & Real Estates US$ 64,800 02
11. IT & Telecommunication US$ 62,837 16
12. Construction & Labor Workers US$ 62,100 05
13. Finance & Banking US$ 61,744 09
14. Logistics, Road, Railway US$ 55,750 02
15. Public Sector US$ 48,000 02
16. Customer Services US$ 46,400 05
17. Engineers & Technicians US$ 39,490 10
18. Automobile US$ 33,000 01
19. Education & University US$ 32,304 05
20. Architect Constructions US$ 30,000 01
21. Law US$ 26,040 05
22. Geography & Geodesy US$ 20,000 01
23. Hotels & Tourism US$ 18,666 03
24. Salesmen & Saleswomen US$ 15,000 01
25. Agriculture & Fishing US$ 12,000 01
26. Arts, Culture, Performance US$ 5,656 01
27. Restaurants, Inns, Pubs US$ 2,000 01

Show all fields »

Average salaries in Panama can vary greatly based on a career field. Engineers & Technicians IV enjoy the highest gross average salaries (US$ 150,000), followed by Health Care & Medical (US$ 133,980), and Marketing, Sales, Purchase (US$ 113,714). Lower average gross salaries in the Panama are earned by those in Restaurants, Inns, Pubs (US$ 2,000) and those in Arts, Culture, Performance positions (US$ 5,656). The difference between the most paid and the lowest paid fields is 7400%.


  SALARY BY CAREER    PANAMA

# Avg. gross salary   Salary entries
1. Psychiatrist US$ 170,000 01
2. Marketing US$ 127,500 02
3. General Manager US$ 108,750 02
4. Finance Manager US$ 94,700 03
5. Human Resources Manager US$ 92,502 07
6. Operations Manager US$ 83,000 03
7. Director US$ 80,000 03
8. IT Manager US$ 75,000 03
9. IT Project Manager US$ 69,600 04
10. Business Development Manager US$ 57,500 02
11. Marketing Manager US$ 53,000 03
12. Ultrasound Technician US$ 52,000 01
13. Clinical Psychologist US$ 50,000 01
14. Pharmacist US$ 50,000 01
15. Other Public Sector Career US$ 48,000 02
16. Engineer US$ 44,000 05
17. Audit Manager US$ 38,000 02
18. Business Administration US$ 36,052 02
19. Data Coordinator US$ 35,500 02
20. Human Resource US$ 31,849 03
21. Architect US$ 30,000 01
22. Human Resource Coordinator US$ 29,250 02
23. Technician US$ 26,000 02
24. Accounting Assistant US$ 25,800 02
25. Lawyer US$ 21,666 03
26. Receptionist US$ 18,000 02
27. Web Developer US$ 18,000 02
28. MBA US$ 14,300 02
29. Nursing Assistant US$ 12,500 02
30. Artist US$ 5,656 01

Show all careers »

In Panama economy, Psychiatrist is on the top list of highest earners, earning an average gross salary of US$ 170,000. Marketing and General Manager follow, earning US$ 127,500 and US$ 108,750, respectively. Artist earn a gross annual average of US$ 5,656, while Nursing Assistant earn US$ 12,500. The gap between the lowest and the highest paid careers is 2905.66%.


  SALARY BY JOB TYPE    PANAMA

Avg. gross salary   Salary entries
Permanent US$ 68,023 114
Contract US$ 67,667 18
Self Employed US$ 47,500 02
Part Time US$ 76,414 04
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  SALARY BY CITY    PANAMA

# Avg. gross salary   Salary entries
1. Panama City US$ 68,982 125
2. San Miguelito US$ 40,000 02

Show all cities »


  SALARY BY COUNTRY    PANAMA

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Switzerland Switzerland US$ 123,129 CHF 117,050 1,180
2. Australia Australia US$ 88,017 AU$ 99,273 3,052
3. Norway Norway US$ 84,347 NOK 637,815 1,124
4. United States United States US$ 81,499 US$ 81,499 19,889
5. Germany Germany US$ 76,524 EUR 62,055 2,426
6. United Kingdom United Kingdom US$ 73,220 GBP 49,632 4,496
7. Canada Canada US$ 70,806 CA$ 77,437 4,826
8. France France US$ 70,264 EUR 57,209 1,187
9. Panama Panama US$ 67,922 US$ 67,922 138
10. Finland Finland US$ 66,203 EUR 53,724 588
11. Italy Italy US$ 63,394 EUR 51,238 1,244
12. Mexico Mexico US$ 46,880 MXN 784,739 618
13. Slovenia Slovenia US$ 45,601 EUR 36,385 277
14. Croatia Croatia US$ 32,335 HRK 197,358 448
15. Malaysia Malaysia US$ 29,127 MYR 103,689 6,539
16. India India US$ 21,450 INR 1,305,314 10,032

Show all countries »

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