Minimum Wages in Panama remained unchanged at 3.08 PAB/Hour in 2025 from 3.08 PAB/Hour in 2024. Minimum Wages in Panama averaged 2.94 PAB/Hour from 2018 until 2025, reaching an all time high of 3.08 PAB/Hour in 2024 and a record low of 2.85 PAB/Hour in 2019. source: Ministerio de Trabajo y Desarrollo Laboral



Related Last Previous Unit Reference
Minimum Wages 3.08 3.08 PAB/Hour Jan 2025
Population 4.52 4.46 Million Dec 2024
Unemployment Rate 9.50 7.40 percent Dec 2024
Wages 1288.00 1288.00 PAB/Month Dec 2024



Panama Minimum Wages in Manufacturing
In Panama, minimum wages pertain to the hourly remuneration established for employees in large manufacturing companies within region 1, which includes Panama City.
Actual Previous Highest Lowest Dates Unit Frequency
3.08 3.08 3.08 2.85 2018 - 2025 PAB/Hour Yearly
NSA