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Average Salary - Panama PANAMA / SALARY


SALARY SURVEYS

152

UPDATED
February 2024
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AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)

$70,269 USD

£55,190 GBP
Panama City

$70,800 USD

$102,000 USD

£80,113 GBP
Including "Panama City"
Excluding "Panama City"

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Average Salary / Panama

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Average salary in Panama is $70,269 USD per year. The most typical earning is $102,000 USD. All data are based on 152 salary surveys. Salaries are different between men and women. Men receive an average salary of $75,700 USD. Women receive a salary of $64,400 USD.

The most paid careers are Health Care & Medical with average income $165,700 USD and Engineers & Technicians IV with income $150,000 USD.

Based on education, the highest salaries receive people with Doctorate Degree with salary of $145,800 USD. The second most paid education level is Masters Degree with salary of $81,900 USD.

Different experiences affect earning as well. People with 16-20 Years of experience receive salary of $124,600 USD. Employees with 20+ Years of experience receive $113,200 USD.

Levels / Panama (Gross USD)

Salary Levels (USD) per Year Surveys [%]
$10,000 USD - $14,999 USD
5 100%
3.29%
$15,000 USD - $19,999 USD
10 96.71%
6.58%
$20,000 USD - $24,999 USD
10 90.13%
6.58%
$25,000 USD - $29,999 USD
10 83.55%
6.58%
$30,000 USD - $34,999 USD
11 76.97%
7.24%
$35,000 USD - $39,999 USD
11 69.74%
7.24%
$40,000 USD - $44,999 USD
8 62.5%
5.26%
$45,000 USD - $49,999 USD
6 57.24%
3.95%
$50,000 USD - $54,999 USD
11 53.29%
7.24%
$55,000 USD - $59,999 USD
6 46.05%
3.95%
$60,000 USD - $64,999 USD
5 42.11%
3.29%
$65,000 USD - $69,999 USD
4 38.82%
2.63%
$70,000 USD - $74,999 USD
4 36.18%
2.63%
$75,000 USD - $79,999 USD
3 33.55%
1.97%
$80,000 USD - $84,999 USD
4 31.58%
2.63%
$85,000 USD - $89,999 USD
1 28.95%
0.66%
$90,000 USD - $94,999 USD
3 28.29%
1.97%
$95,000 USD - $99,999 USD
1 26.32%
0.66%
THE MOST TYPICAL SALARY
$100,000 USD - $104,999 USD
12 25.66%
7.89%
$105,000 USD - $109,999 USD
1 17.76%
0.66%
$110,000 USD - $114,999 USD
4 17.11%
2.63%
$115,000 USD - $119,999 USD
0 n/a
$120,000 USD - $124,999 USD
3 14.47%
1.97%
$125,000 USD - $129,999 USD
0 n/a
$130,000 USD - $134,999 USD
2 12.5%
1.32%
$135,000 USD - $139,999 USD
0 n/a
$140,000 USD - $144,999 USD
2 11.18%
1.32%
$145,000 USD - $149,999 USD
0 n/a
HIGH SALARIES
$150,000 USD - $159,999 USD
3 9.87%
1.97%
$160,000 USD - $169,999 USD
1 7.89%
0.66%
$170,000 USD - $179,999 USD
2 7.24%
1.32%
$180,000 USD - $189,999 USD
2 5.92%
1.32%
$190,000 USD - $199,999 USD
0 n/a
$200,000 USD - $209,999 USD
1 4.61%
0.66%
$210,000 USD - $219,999 USD
0 n/a
$220,000 USD - $229,999 USD
0 n/a
$230,000 USD - $239,999 USD
0 n/a
$240,000 USD - $249,999 USD
0 n/a
$250,000 USD - $349,999 USD
6 3.95%
3.95%
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Gender / Panama (Gross USD)

# Surveys AVERAGE SALARY / YEAR
1 Men 101 $75,700 USD
2 Women 42 $64,400 USD

Education / Panama (Gross USD)

# Surveys AVERAGE SALARY / YEAR
1 Doctorate Degree 6 $145,800 USD
2 Masters Degree 59 $81,900 USD
3 Bachelors Degree 62 $63,700 USD
4 Bellow H. School 1 $60,000 USD
5 High School 10 $44,900 USD
6 Some College 14 $36,900 USD

Experience / Panama (Gross USD)

# Surveys AVERAGE SALARY / YEAR
1 16-20 Years 12 $124,600 USD
2 20+ Years 22 $113,200 USD
3 12-16 Years 15 $89,900 USD
4 8-12 Years 29 $64,900 USD
5 1-2 Years 14 $52,000 USD
6 4-8 Years 36 $49,900 USD
7 2-4 Years 21 $40,300 USD
8 0-1 Year 3 $30,700 USD

Age / Panama (Gross USD)

# Surveys AVERAGE SALARY / YEAR
1 46-50 14 $138,300 USD
2 56-60 5 $98,900 USD
3 51-55 6 $91,200 USD
4 41-45 15 $89,100 USD
5 36-40 27 $80,800 USD
6 61-65 1 $75,000 USD
7 31-35 35 $59,500 USD
8 26-30 27 $48,200 USD
9 n/a 10 $35,200 USD
10 21-25 12 $31,200 USD

Work Type / Panama (Gross USD)

# Surveys AVERAGE SALARY / YEAR
1 Part Time 3 $100,000 USD
2 Permanent 128 $70,100 USD
3 Contract 19 $69,400 USD
4 Self Employed 2 $47,500 USD

Cities / Panama (Gross USD)

# Surveys AVERAGE SALARY / YEAR
1 --Other-- 9 $73,100 USD
2 Panama City 140 $70,800 USD
3 San Miguelito 3 $37,000 USD

Career Groups / Panama (Gross USD)

# Surveys AVERAGE SALARY / YEAR
1 Health Care & Medical 4 $165,700 USD
2 Engineers & Technicians IV 1 $150,000 USD
3 Marketing, Sales, Purchase 8 $118,300 USD
4 Logistics, Road, Railway 1 $110,000 USD
5 IT & Programming II 3 $105,700 USD
6 Management & Business 27 $93,900 USD
7 Media 1 $90,000 USD
8 Health Care & Medical II 4 $80,500 USD
9 Accounting & Administration 10 $73,800 USD
10 Aviation & Shipping 1 $73,000 USD
11 Human Resources 17 $67,600 USD
12 Construction & Labor Workers 5 $62,100 USD
13 IT & Programming 18 $61,200 USD
14 Organization & Coordination 3 $59,000 USD
15 Finance & Banking 10 $57,400 USD
16 Properties & Real Estates 3 $51,700 USD
17 Education & University 3 $51,300 USD
18 Public Sector 2 $48,000 USD
19 Customer Services 6 $42,300 USD
20 Engineers & Technicians 12 $39,100 USD
21 Automobile 1 $33,000 USD
22 Architect Constructions 1 $30,000 USD
23 Law 5 $26,000 USD
24 Geography & Geodesy 1 $20,000 USD
25 Hotels & Tourism 3 $18,700 USD
26 Salesmen & Saleswomen 1 $15,000 USD
27 Agriculture & Fishing 1 $12,000 USD

Careers / Panama (Gross USD)

# Surveys AVERAGE SALARY / YEAR
1 Marketing Executive 1 $300,000 USD
2 Other Administration Career 1 $290,000 USD
3 Doctor 1 $250,000 USD
4 Database Developer 1 $180,000 USD
5 Brand Manager 1 $164,000 USD
6 Office Manager 2 $163,300 USD
7 Purchasing Manager 1 $150,000 USD
8 Marketing 2 $127,500 USD
9 General Manager 2 $108,800 USD
10 Account Manager 1 $100,000 USD
11 Project Manager 1 $100,000 USD
12 Doctor Specialist 1 $94,900 USD
13 Finance Manager 3 $94,700 USD
14 Human Resources Manager 9 $92,700 USD
15 Digital Media 1 $90,000 USD
16 Director 4 $87,500 USD
17 Tax Manager 1 $85,000 USD
18 Manager 4 $84,100 USD
19 Operations Manager 3 $83,000 USD
20 IT Manager 3 $75,000 USD
21 Ship Officer 1 $73,000 USD
22 IT Project Manager 4 $69,600 USD
23 Communications Manager 1 $60,000 USD
24 Communications Coordinator 1 $60,000 USD
25 Project Coordinator 2 $58,500 USD
26 Business Development Manager 2 $57,500 USD
27 Database Manager 1 $57,000 USD
28 Property Manager 1 $54,600 USD
29 Marketing Manager 3 $53,000 USD
30 Other Management Career 2 $52,000 USD
31 Financial Analyst 1 $52,000 USD
32 Chartered Financial Analyst 1 $50,000 USD
33 Other Public Sector Career 2 $48,000 USD
34 Senior Accountant 1 $48,000 USD
35 Engineer 5 $44,000 USD
36 Research Engineer 1 $38,400 USD
37 Audit Manager 2 $38,000 USD
38 Software Developer 2 $37,500 USD
39 Business Administration 2 $36,100 USD
40 Data Coordinator 2 $35,500 USD
41 Private School Teacher 1 $34,000 USD
42 Human Resource 3 $31,800 USD
43 Electrical Technician 1 $31,000 USD
44 Human Resource Coordinator 3 $29,800 USD
45 Electrical Engineer 2 $29,700 USD
46 Corporate Counsel Lawyer 1 $28,800 USD
47 Call Center 1 $28,000 USD
48 Technician 2 $26,000 USD
49 Accounting Assistant 2 $25,800 USD
50 Real Estate Agent 1 $25,600 USD
51 Customer Consultant 1 $22,000 USD
52 Lawyer 3 $21,700 USD
53 Web Developer 2 $18,000 USD
54 Receptionist 2 $18,000 USD
55 Risk Analyst 1 $18,000 USD
56 Nursing Assistant 1 $18,000 USD
57 Other Service Career 1 $16,000 USD
58 MBA 2 $14,300 USD

People's individual salary examples (surveys)

Risk Analyst
Posted 11 January 2024
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 1-2 Years Expert $18,000 USD

Business
Posted 22 May 2023
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 2-4 Years Advanced $60,000 USD

Senior Tax Associate
Posted 15 July 2022
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 4-8 Years Advanced $48,000 USD

Human Resources Manager
Posted 11 July 2022
City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 12-16 Years Expert $56,700 USD

Environment Technician
Posted 05 April 2022
City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 1-2 Years Advanced $38,400 USD

Communications Manager
Posted 15 February 2022
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 2-4 Years Advanced $60,000 USD

Regional Business Unit Director
Posted 12 January 2022
City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 2-4 Years Advanced $110,000 USD

Due Diligence Analyst
Posted 26 November 2021
City Education Experience Knowledge Gross salary / year
Panama City Some College 2-4 Years Advanced $22,000 USD

Hr Coordinator
Posted 26 August 2021
City Education Experience Knowledge Gross salary / year
San Miguelito Masters Degree 4-8 Years Advanced $30,900 USD

Compensations Director
Posted 18 August 2021
City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 8-12 Years Expert $130,000 USD

Admissions Manager
Posted 15 April 2021
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 8-12 Years Advanced $36,000 USD

Chief Officer
Posted 25 March 2021
City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 8-12 Years n/a $73,000 USD

Software Developers
Posted 07 January 2021
City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 2-4 Years n/a $40,000 USD

Country Manager
Posted 05 November 2020
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 2-4 Years n/a $45,000 USD

Global Category Manager
Posted 02 November 2020
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 8-12 Years n/a $150,000 USD

Administrative Manager
Posted 10 September 2020
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 4-8 Years n/a $26,700 USD

Electromechanical Engineer
Posted 24 July 2020
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 8-12 Years n/a $36,000 USD

Business Intelligence Analyst
Posted 06 May 2020
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 4-8 Years n/a $90,000 USD

Sales Manager
Posted 05 May 2020
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 12-16 Years n/a $25,600 USD

Shift Electrical Technician
Posted 06 April 2020
City Education Experience Knowledge Gross salary / year
Panama City Some College 4-8 Years n/a $31,000 USD

Manager
Posted 02 April 2020
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 16-20 Years n/a $100,000 USD

Marketing Coordinator
Posted 25 March 2020
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 8-12 Years n/a $55,000 USD

Mobile Wireless Network Engineer
Posted 18 January 2020
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 8-12 Years n/a $27,000 USD

Software Manager
Posted 07 December 2019
City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 20+ Years n/a $72,000 USD

Database Developer
Posted 03 December 2019
City Education Experience Knowledge Gross salary / year
Panama City High School 20+ Years n/a $180,000 USD

Therapeutic Area Head
Posted 03 December 2019
City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 4-8 Years n/a $94,900 USD

Regional Facility Manager
Posted 21 November 2019
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 8-12 Years n/a $54,600 USD

Psychiatrist
Posted 04 November 2019
City Education Experience Knowledge Gross salary / year
Panama City Doctorate Degree 1-2 Years n/a $250,000 USD

Head Of Finance And Operations
Posted 31 October 2019
City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 4-8 Years n/a $54,100 USD

Project Manager
Posted 24 September 2019
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 20+ Years n/a $26,400 USD

Chief Information Officer
Posted 19 September 2019
City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 20+ Years n/a $300,000 USD

Senior Marketing Director
Posted 16 September 2019
City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 16-20 Years n/a $300,000 USD

Software Developer
Posted 09 September 2019
City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 4-8 Years n/a $35,000 USD

Research Analyst
Posted 23 July 2019
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 1-2 Years n/a $16,000 USD

Associate Manager
Posted 02 July 2019
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 16-20 Years n/a $130,000 USD

Tax Manager
Posted 26 June 2019
City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 4-8 Years n/a $85,000 USD

Finance & Administration Director
Posted 04 June 2019
City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 20+ Years n/a $290,000 USD

General Manager
Posted 28 May 2019
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 12-16 Years n/a $120,000 USD

Tech Senior Acc
Posted 08 May 2019
City Education Experience Knowledge Gross salary / year
Panama City High School 4-8 Years n/a $28,000 USD

Partner
Posted 08 May 2019
City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 8-12 Years n/a $28,800 USD

Senior Manager
Posted 03 May 2019
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 16-20 Years n/a $164,000 USD

Purchases Group Manager
Posted 23 April 2019
City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 20+ Years n/a $150,000 USD

Human Resources Manager
Posted 21 March 2019
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 20+ Years n/a $40,000 USD

Attorney At Law-head Of Corporate Department
Posted 07 March 2019
City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 12-16 Years n/a $29,000 USD

Hr Rigional Manager Latam
Posted 22 February 2019
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 20+ Years n/a $104,500 USD

Business Analyst
Posted 12 February 2019
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 2-4 Years n/a $15,000 USD

Human Resources Coordinator
Posted 08 February 2019
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 4-8 Years n/a $26,000 USD

Senior Financial Analyst
Posted 02 February 2019
City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 4-8 Years n/a $52,000 USD

Hvac Tech
Posted 05 January 2019
City Education Experience Knowledge Gross salary / year
Panama City Some College 1-2 Years n/a $40,000 USD

Operations Analyst
Posted 02 January 2019
City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 2-4 Years n/a $26,000 USD

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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