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Average Salary - Panama PANAMA / SALARY


SALARY SURVEYS

152

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

$70,269 USD

£55,537 GBP
Panama City

$70,800 USD

$102,000 USD

£80,616 GBP
Including "Panama City"
Excluding "Panama City"

Average Salary / Panama

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%

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)

50/50  Risk Analyst (Man)
Posted 11 January 2024

What I do?

"Perform research and validations of sources."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 1-2 Years Expert $18,000 USD

49/50  Business (Man)
Posted 22 May 2023

What I do?

"Client transactions."

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

48/50  Senior Tax Associate (Man)
Posted 15 July 2022

What I do?

"International tax."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 4-8 Years Advanced $48,000 USD

47/50  Human Resources Manager (Woman)
Posted 11 July 2022

What I do?

"Oversight of the HR Funcion at the country level."

City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 12-16 Years Expert $56,700 USD

46/50  Environment Technician (Man)
Posted 05 April 2022

What I do?

"International institution working on environment."

City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 1-2 Years Advanced $38,400 USD

45/50  Communications Manager (Woman)
Posted 15 February 2022

What I do?

"Communications manager."

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

44/50  Regional Business Unit Director (Man)
Posted 12 January 2022

What I do?

"Business Unit lead, P&L responsible, Brand, Marekting, Mechandising strategy for seasonal calendar."

City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 2-4 Years Advanced $110,000 USD

43/50  Due Diligence Analyst (Man)
Posted 26 November 2021

What I do?

"Due diligence."

City Education Experience Knowledge Gross salary / year
Panama City Some College 2-4 Years Advanced $22,000 USD

42/50  Hr Coordinator (Woman)
Posted 26 August 2021

What I do?

"Coordinate regional HR requirements, adminitrative responsibilities."

City Education Experience Knowledge Gross salary / year
San Miguelito Masters Degree 4-8 Years Advanced $30,900 USD

41/50  Compensations Director (Man)
Posted 18 August 2021

What I do?

"Salary Structures creation."

City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 8-12 Years Expert $130,000 USD

40/50  Admissions Manager (Woman)
Posted 15 April 2021

What I do?

"Direct a team of admission agents, student approval process."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 8-12 Years Advanced $36,000 USD

39/50  Chief Officer (Man)
Posted 25 March 2021

What I do?

"Master license."

City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 8-12 Years n/a $73,000 USD

38/50  Software Developers (Man)
Posted 07 January 2021

What I do?

"Software development, business intelligence, data analysis, reports, Ci, continuous integration, devops."

City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 2-4 Years n/a $40,000 USD

37/50  Country Manager (Man)
Posted 05 November 2020

What I do?

"Service Level Agreement management Bank reconciliation Team lead Supervise country wife operations."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 2-4 Years n/a $45,000 USD

36/50  Global Category Manager (Man)
Posted 02 November 2020

What I do?

"Purchasing commodities ingredients."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 8-12 Years n/a $150,000 USD

35/50  Administrative Manager (Woman)
Posted 10 September 2020

What I do?

"Management, budget, payroll, logistics, purchase."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 4-8 Years n/a $26,700 USD

34/50  Electromechanical Engineer (Man)
Posted 24 July 2020

What I do?

"Electromechanical engineer with Master in Project Management. 2D and 3D design and modeling software."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 8-12 Years n/a $36,000 USD

33/50  Business Intelligence Analyst (Woman)
Posted 06 May 2020

What I do?

"Analyse business intelligence data and dashboards on social media."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 4-8 Years n/a $90,000 USD

32/50  Sales Manager (Woman)
Posted 05 May 2020

What I do?

"Sales, customer service, guidance."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 12-16 Years n/a $25,600 USD

31/50  Shift Electrical Technician (Man)
Posted 06 April 2020

What I do?

"Container cranes maintenance, including PLC and variable frequency drives maintenance."

City Education Experience Knowledge Gross salary / year
Panama City Some College 4-8 Years n/a $31,000 USD

30/50  Manager (Man)
Posted 02 April 2020

What I do?

"Accounts Payable, Payments Processing, General Ledger Reconciliation."

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

29/50  Marketing Coordinator (Man)
Posted 25 March 2020

What I do?

"Event organization."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 8-12 Years n/a $55,000 USD

28/50  Mobile Wireless Network Engineer (Man)
Posted 18 January 2020

What I do?

"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."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 8-12 Years n/a $27,000 USD

27/50  Software Manager (Man)
Posted 07 December 2019

What I do?

"I'm an expert in software project with 20+ year experience developing comercial software here in Panama."

City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 20+ Years n/a $72,000 USD

26/50  Database Developer (Man)
Posted 03 December 2019

What I do?

"Develop database application and manage data."

City Education Experience Knowledge Gross salary / year
Panama City High School 20+ Years n/a $180,000 USD

25/50  Therapeutic Area Head (Woman)
Posted 03 December 2019

What I do?

"Med school and two specialties in Mexico. Entrance to pharma industry 8 year ago. Relocated recently in Panama."

City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 4-8 Years n/a $94,900 USD

24/50  Regional Facility Manager (Man)
Posted 21 November 2019

What I do?

"Enterprise Facility Manager in the RE field."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 8-12 Years n/a $54,600 USD

23/50  Psychiatrist (Woman)
Posted 04 November 2019

What I do?

"Work with patients who have psychiatric disorders and create a medical plan."

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

22/50  Head Of Finance And Operations (Man)
Posted 31 October 2019

What I do?

"Manage budget, forecast and operations."

City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 4-8 Years n/a $54,100 USD

21/50  Project Manager (Man)
Posted 24 September 2019

What I do?

"Program and Project Management."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 20+ Years n/a $26,400 USD

20/50  Chief Information Officer (Man)
Posted 19 September 2019

What I do?

"Strategy design and develop for the technology department."

City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 20+ Years n/a $300,000 USD

19/50  Senior Marketing Director (Man)
Posted 16 September 2019

What I do?

"P&L, Advertising, Promotion, Digital Marketing."

City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 16-20 Years n/a $300,000 USD

18/50  Software Developer (Man)
Posted 09 September 2019

What I do?

"Develop things."

City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 4-8 Years n/a $35,000 USD

17/50  Research Analyst (Woman)
Posted 23 July 2019

What I do?

"Manufacturing due dilligence reports."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 1-2 Years n/a $16,000 USD

16/50  Associate Manager (Man)
Posted 02 July 2019

What I do?

"Research of connectivity solutions."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 16-20 Years n/a $130,000 USD

15/50  Tax Manager (Man)
Posted 26 June 2019

What I do?

"Manage Global Projects; ensure compliance; support tax audits."

City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 4-8 Years n/a $85,000 USD

14/50  Finance & Administration Director (Man)
Posted 04 June 2019

What I do?

"F&A, IT, PS & Legal."

City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 20+ Years n/a $290,000 USD

13/50  General Manager (Man)
Posted 28 May 2019

What I do?

"Managing a regional team."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 12-16 Years n/a $120,000 USD

12/50  Tech Senior Acc (Man)
Posted 08 May 2019

What I do?

"Tech for 7 years."

City Education Experience Knowledge Gross salary / year
Panama City High School 4-8 Years n/a $28,000 USD

11/50  Partner (Woman)
Posted 08 May 2019

What I do?

"Head of corporate deparment."

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

10/50  Senior Manager (Man)
Posted 03 May 2019

What I do?

"1. Lead innovation effort for total region 2. Consulting 3. Lean startup."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 16-20 Years n/a $164,000 USD

9/50  Purchases Group Manager (Man)
Posted 23 April 2019

What I do?

"Head of Procurement with regional responsabilities in Latin America for several countries (7 - 8), assuring supply of direct materials or indirect services while improving and reducing prices year on year (offseting inflation). Managed a team of 8 people."

City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 20+ Years n/a $150,000 USD

8/50  Human Resources Manager (Man)
Posted 21 March 2019

What I do?

"Resposible for recruitment and selection. Develop training programs. Follow up the salary market for being competitive."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 20+ Years n/a $40,000 USD

7/50  Attorney At Law-Head Of Corporate Department (Woman)
Posted 07 March 2019

What I do?

"I manage the corporate department."

City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 12-16 Years n/a $29,000 USD

6/50  HR Rigional Manager LATAM (Woman)
Posted 22 February 2019

What I do?

"+15 yrs working in HR roles within Multinational Companies."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 20+ Years n/a $104,500 USD

5/50  Business Analyst (Man)
Posted 12 February 2019

What I do?

"Copa airlines analyst."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 2-4 Years n/a $15,000 USD

4/50  Human Resources Coordinator (Woman)
Posted 08 February 2019

What I do?

"Human Resources Coordinator."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 4-8 Years n/a $26,000 USD

3/50  Senior Financial Analyst (Woman)
Posted 02 February 2019

What I do?

"Senior Financial Analyst."

City Education Experience Knowledge Gross salary / year
Panama City Masters Degree 4-8 Years n/a $52,000 USD

2/50  HVAC Tech (Man)
Posted 05 January 2019

What I do?

"HVAC a/c repairs tech."

City Education Experience Knowledge Gross salary / year
Panama City Some College 1-2 Years n/a $40,000 USD

1/50  Operations Analyst (Man)
Posted 02 January 2019

What I do?

"Coordinating with data intake teams to onboard new data for processing and review."

City Education Experience Knowledge Gross salary / year
Panama City Bachelors Degree 2-4 Years n/a $26,000 USD


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