El Salvador vs Panama: Compensation of employees

El Salvador
4.01 billion current LCU
in 2024
Panama
4.56 billion current LCU
in 2024
El Salvador rank
128th
Panama rank
126th

Compensation of employees over time

  • El Salvador
  • Panama
1.0B2.0B3.0B4.0B5.0B199820112024

How they compare

Panama currently reports 4.56 billion current LCU against 4.01 billion current LCU in El Salvador, a difference of 557.64 million current LCU.

That makes Panama's figure about 1.1 times El Salvador's.

The two have swapped places 1 time across 11 shared years of data; in 2014 it was El Salvador ahead.

El Salvador ranks 128th and Panama ranks 126th of 156 countries.

Panama has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade El Salvador Panama Difference Ahead
2010s 2.48 billion current LCU 2.72 billion current LCU 239.52 million current LCU Panama
2020s 3.54 billion current LCU 4.07 billion current LCU 530.33 million current LCU Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher compensation of employees, El Salvador or Panama?
Panama, at 4.56 billion current LCU against 4.01 billion current LCU in El Salvador as of 2024.
What is the difference in compensation of employees between El Salvador and Panama?
557.64 million current LCU, with Panama ahead.
How many years of comparable data are there for El Salvador and Panama?
11 years are reported by both, from 2014 to 2024.
How do El Salvador and Panama rank globally for compensation of employees?
El Salvador ranks 128th and Panama ranks 126th of 156 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Compensation of employees (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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El Salvador vs Panama: Compensation of employees. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 31 August 2026, from https://public-sector.statizoid.com/compare/compensation-of-employees-current-lcu/el-salvador/panama/

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About this data

Indicator
Compensation of employees (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
156 places, 4,496 data points, 1972–2024
Last refreshed

Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.