USD
Panama
Panama's money's value is 60.30 %, ranked 20th of 116. And its currency is 0.00 %, ranked 14th of 71.
Of 15 fields published for Panama, these two sit furthest from the middle of the atlas.
Is it expensive, or does the pay keep up?
Price level
45 % of US prices
Average monthly salary
$1,869 PPP/mo
The average employee in Panama earns about $1,869 a month before tax, measured in dollars adjusted for what they buy locally.
Money's value
60.30 %
100 saved in Panama in 2000 buys what 60 buys today — 40 % of its purchasing power is gone.
What is left after the state takes its share?
Average monthly salary
$1,869 PPP/mo
The average employee in Panama earns about $1,869 a month before tax, measured in dollars adjusted for what they buy locally.
Minimum wage
$943 PPP/mo
The law in Panama sets the floor at about $943 a month, measured in dollars adjusted for what they buy locally.
Does money in the bank keep its value?
Inflation rate
-0.19 %
Prices in Panama actually fell 0.2 % over the year — deflation.
Minimum wage
$943 PPP/mo
ranked 23rd of 85
Inflation rate
-0.19 %
ranked 91st of 123
Lending rate
6.91 %
ranked 21st of 67
Debt per person
$11,201
ranked 84th of 123
Where Panama sits, field by field
Each dot is Panama’s position among every country that publishes that field. Sorted by distance from the middle, so what is unusual about the country comes first.
- Money's value60.30 %20 of 116
- Currency0.00 %14 of 71
- Unemployment rate8.36 %95 of 124
- Minimum wage$943 PPP/mo23 of 85
- GDP growth4.35 %34 of 127
- Inflation rate-0.19 %91 of 123
- Lending rate6.91 %21 of 67
- Debt per person$11,20184 of 123
- Public holidays13 days35 of 104
- Corporate tax25.00 %60 of 96
- GDP per capita$19,79054 of 127
- Government debt56.60 %66 of 124
- Average monthly salary$1,869 PPP/mo48 of 92
- Price level45 % of US prices65 of 125
- Median salary$1,409 PPP/mo39 of 78
- Cost of money
- Work & income
- Housing & living
- Macro
Financially nearest · computed, not curated
Fiji
avg gap 13.5 pp · 14 shared fields
Most separates them: debt per person — $11,201 (Panama) vs $2,433
Costa Rica
avg gap 13.9 pp · 14 shared fields
Most separates them: corporate tax — 25.00 % (Panama) vs 5.00 %
Malaysia
avg gap 15.2 pp · 12 shared fields
Most separates them: unemployment — 8.36 % (Panama) vs 3.76 %
Belize
avg gap 15.7 pp · 13 shared fields
Most separates them: corporate tax — 25.00 % (Panama) vs 0.00 %
| Public holidays | 13 days | ranked 35th of 104 | |
| Corporate tax | 25.00 % | ranked 60th of 96 | |
| GDP per capita | $19,790 | ranked 54th of 127 | |
| Government debt | 56.60 % | ranked 66th of 124 | |
| Average monthly salary | $1,869 PPP/mo | ranked 48th of 92 | |
| Price level | 45 % of US prices | ranked 65th of 125 | |
| Median salary | $1,409 PPP/mo | ranked 39th of 78 |
✓ 15 fields published for Panama, every one dated and sourced · 20 not published yet
Awaiting an official source for Panama: mortgage rate, real policy rate, deposit rate, savings vs inflation, bank spread, take-home pay, tax on pay, house price growth since 2015, house price growth, rent, petrol, electricity, tax wedge, minimum wage, retirement age (men), retirement age (women), average salary, median income, vat, top income tax.
Sources for all 15 figures
- Money's value — Fiatmap derived metrics (own calculation from separately sourced components) · 2025
- Currency — Currency strength vs USD (own calculation from ECB reference-rate snapshots) · 2026-09-07
- Unemployment rate — World Bank open data (GDP growth, GDP/capita, unemployment, government debt) · 2025
- Minimum wage — ILO monthly earnings of employees (EAR_EMTA mean + EAR_EMTM median) · 2024
- GDP growth — World Bank open data (GDP growth, GDP/capita, unemployment, government debt) · 2025
- Inflation rate — Annual CPI inflation (shared satsatlas data engine: World Bank + Eurostat + SSB) · 2025
- Lending rate — IMF International Financial Statistics · 2022
- Debt per person — Fiatmap derived metrics (own calculation from separately sourced components) · 2025
- Public holidays — Public holiday calendar (Nager.Date) · 2026
- Corporate tax — OECD Corporate Tax Statistics · 2026
- GDP per capita — World Bank open data (GDP growth, GDP/capita, unemployment, government debt) · 2025
- Government debt — IMF World Economic Outlook (general government gross debt, % of GDP) · 2025
- Average monthly salary — ILO monthly earnings of employees (EAR_EMTA mean + EAR_EMTM median) · 2025
- Price level — World Bank PPP conversion factor ÷ official exchange rate (PA.NUS.PPP, PA.NUS.FCRF) · 2025
- Median salary — ILO monthly earnings of employees (EAR_EMTA mean + EAR_EMTM median) · 2025