Panamanian vs European Median Earnings
COMPARE
Panamanian
European
Median Earnings
Median Earnings Comparison
Panamanians
Europeans
$45,593
MEDIAN EARNINGS
23.5/ 100
METRIC RATING
211th/ 347
METRIC RANK
$47,915
MEDIAN EARNINGS
88.9/ 100
METRIC RATING
138th/ 347
METRIC RANK
Panamanian vs European Median Earnings Correlation Chart
The statistical analysis conducted on geographies consisting of 281,227,133 people shows a poor negative correlation between the proportion of Panamanians and median earnings in the United States with a correlation coefficient (R) of -0.196 and weighted average of $45,593. Similarly, the statistical analysis conducted on geographies consisting of 561,558,991 people shows a slight negative correlation between the proportion of Europeans and median earnings in the United States with a correlation coefficient (R) of -0.077 and weighted average of $47,915, a difference of 5.1%.
Median Earnings Correlation Summary
| Measurement | Panamanian | European |
| Minimum | $24,420 | $6,651 |
| Maximum | $90,539 | $85,181 |
| Range | $66,119 | $78,530 |
| Mean | $45,745 | $45,294 |
| Median | $43,597 | $45,994 |
| Interquartile 25% (IQ1) | $37,947 | $39,170 |
| Interquartile 75% (IQ3) | $49,738 | $51,535 |
| Interquartile Range (IQR) | $11,791 | $12,364 |
| Standard Deviation (Sample) | $12,464 | $11,738 |
| Standard Deviation (Population) | $12,348 | $11,679 |
Similar Demographics by Median Earnings
Demographics Similar to Panamanians by Median Earnings
In terms of median earnings, the demographic groups most similar to Panamanians are Bermudan ($45,593, a difference of 0.0%), Immigrants from Bosnia and Herzegovina ($45,600, a difference of 0.010%), Immigrants from Thailand ($45,598, a difference of 0.010%), Immigrants from Grenada ($45,596, a difference of 0.010%), and Immigrants from Senegal ($45,611, a difference of 0.040%).
| Demographics | Rating | Rank | Median Earnings |
| Immigrants | Uruguay | 25.9 /100 | #204 | Fair $45,682 |
| Tongans | 25.4 /100 | #205 | Fair $45,665 |
| Immigrants | Ghana | 24.8 /100 | #206 | Fair $45,641 |
| Immigrants | Senegal | 24.0 /100 | #207 | Fair $45,611 |
| Immigrants | Bosnia and Herzegovina | 23.7 /100 | #208 | Fair $45,600 |
| Immigrants | Thailand | 23.7 /100 | #209 | Fair $45,598 |
| Immigrants | Grenada | 23.6 /100 | #210 | Fair $45,596 |
| Panamanians | 23.5 /100 | #211 | Fair $45,593 |
| Bermudans | 23.5 /100 | #212 | Fair $45,593 |
| Immigrants | Colombia | 22.4 /100 | #213 | Fair $45,550 |
| Nigerians | 22.0 /100 | #214 | Fair $45,532 |
| Immigrants | Bangladesh | 22.0 /100 | #215 | Fair $45,532 |
| Guyanese | 20.6 /100 | #216 | Fair $45,470 |
| Tlingit-Haida | 20.5 /100 | #217 | Fair $45,468 |
| Spanish | 19.7 /100 | #218 | Poor $45,432 |
Demographics Similar to Europeans by Median Earnings
In terms of median earnings, the demographic groups most similar to Europeans are Canadian ($47,911, a difference of 0.010%), Immigrants from Nepal ($47,925, a difference of 0.020%), Taiwanese ($47,902, a difference of 0.030%), Immigrants from Sierra Leone ($47,875, a difference of 0.080%), and Ugandan ($47,854, a difference of 0.13%).
| Demographics | Rating | Rank | Median Earnings |
| Lebanese | 92.5 /100 | #131 | Exceptional $48,226 |
| British | 92.2 /100 | #132 | Exceptional $48,189 |
| Immigrants | Uganda | 90.5 /100 | #133 | Exceptional $48,041 |
| Sri Lankans | 90.5 /100 | #134 | Exceptional $48,040 |
| Portuguese | 90.4 /100 | #135 | Exceptional $48,032 |
| Slovenes | 90.0 /100 | #136 | Excellent $47,995 |
| Immigrants | Nepal | 89.0 /100 | #137 | Excellent $47,925 |
| Europeans | 88.9 /100 | #138 | Excellent $47,915 |
| Canadians | 88.8 /100 | #139 | Excellent $47,911 |
| Taiwanese | 88.7 /100 | #140 | Excellent $47,902 |
| Immigrants | Sierra Leone | 88.3 /100 | #141 | Excellent $47,875 |
| Ugandans | 88.0 /100 | #142 | Excellent $47,854 |
| Swedes | 88.0 /100 | #143 | Excellent $47,851 |
| Hungarians | 87.1 /100 | #144 | Excellent $47,795 |
| Immigrants | Saudi Arabia | 85.6 /100 | #145 | Excellent $47,704 |