---
title: "What Is a Good Salary in Panama? — Geo-Parity"
description: "Median wage in Panama ≈ $921/mo; top 10% above $3,102/mo, minimum $482/mo. Full local wage ladder from World Bank data."
canonical: "https://geo-parity.com/wage-bands/panama/"
json: "https://geo-parity.com/api/wage-bands.json?country=PA"
generator: geo-parity markdown twin
---
Local Salaries · Panama

# What is a good salary in 🇵🇦 Panama (Panama City)?

The median is about **$921/month**; top-10% earners clear **$3,102/month**.

## The local wage ladder

| Band | Monthly | Annual | Local currency |
| --- | --- | --- | --- |
| Survival floorsingle-person essentials | $918 | $11,016 | 918 PAB/mo |
| Statutory minimumILOSTAT statutory monthly minimum wage, 2024 (USD). | $482 | $5,784 | 482 PAB/mo |
| Median (p50)typical earner | $921 | $11,052 | 921 PAB/mo |
| Comfortable (p75)upper-middle | $1,745 | $20,940 | 1,745 PAB/mo |
| Top 10% (p90)high earner | $3,102 | $37,224 | 3,102 PAB/mo |
| Top 1% (p99)elite | $8,344 | $100,128 | 8,344 PAB/mo |

Modelled from World Bank GNI $19,140 (2025) and Gini 49.7. Check where you stand in the [interactive benchmarker](https://geo-parity.com/wage-bands/?country=PA).

## Countries with similar median pay

- [🇷🇸 Serbia](https://geo-parity.com/wage-bands/serbia/) — median $941/mo
- [🇦🇷 Argentina](https://geo-parity.com/wage-bands/argentina/) — median $854/mo
- [🇨🇱 Chile](https://geo-parity.com/wage-bands/chile/) — median $993/mo
- [🇲🇺 Mauritius](https://geo-parity.com/wage-bands/mauritius/) — median $833/mo

See also: [what everyday life costs in Panama](https://geo-parity.com/ppp/panama/)

## Frequently asked questions

- **What is a good salary in Panama?**: The median wage is about $921/month ($11,052/year). A "comfortable" p75 salary is around $1,745/month, and you'd be a top-10% earner above $3,102/month.
- **What is a top 10% salary in Panama?**: Roughly $3,102/month ($37,224/year) puts you in the top 10%; the top 1% starts near $8,344/month.
- **What is the minimum wage in Panama?**: About $482/month. ILOSTAT statutory monthly minimum wage, 2024 (USD).
- **How are these Panama salary figures calculated?**: A log-normal wage model calibrated from World Bank GNI per capita ($19,140, 2025) and the Gini index (49.7). Estimates for benchmarking, not payroll data.

Log-normal model from World Bank data — estimates for benchmarking, not payroll data. Agents: GET /api/wage-bands.json?country=PA.

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Source: Geo-Parity — https://geo-parity.com/wage-bands/panama/ · JSON: https://geo-parity.com/api/wage-bands.json?country=PA