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Average Certified Respiratory Therapist Salary in Panama for 2026

A certified respiratory therapist in Panama earns about 37,740 PAB a year. That's 45% above the national average of 25,940 PAB.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Panama sit around 16,140 PAB a year, while the very top stretches to 57,860 PAB. Everything on this page is in Panamanian balboa (PAB, symbol B/.), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Panama, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.


How much does a certified respiratory therapist make in Panama?

Average salary
37,740 PAB
3,145 PAB per month
Lowest reported
16,140 PAB
1,345 PAB per month
Highest reported
57,860 PAB
4,821 PAB per month

A typical certified respiratory therapist working in Panama brings home around 3,145 PAB a month before tax. Entry-level pay starts near 16,140 PAB, and the top of the ladder reaches roughly 57,860 PAB for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior certified respiratory therapist working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.


How certified respiratory therapist pay ranges in Panama

A good way to think about salary in Panama is to look at the distribution rather than the headline average. Half of all certified respiratory therapists in Panama earn less than 38,620 PAB a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 24,200 PAB (the 25th percentile), and a quarter clear 50,540 PAB (the 75th percentile). The middle 50% of certified respiratory therapists sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 16,140 PAB. The highest stretch to 57,860 PAB, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

16,140
Low
38,620
Median
57,860
High
24,200
25th
50,540
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in PAB

Certified respiratory therapist pay by experience in Panama

Years of experience is the single biggest lever on pay for a certified respiratory therapist in Panama, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical certified respiratory therapist salary changes as you move through the career ladder.

  • 0-2 Years
    19,380 PAB
  • 2-5 Years
    +36% from previous
    26,280 PAB
  • 5-10 Years
    +46% from previous
    38,340 PAB
  • 10-15 Years
    +30% from previous
    49,700 PAB
  • 15-20 Years
    +2% from previous
    50,660 PAB
  • 20+ Years
    +9% from previous
    55,320 PAB

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 46%. That is the point at which a certified respiratory therapist typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Certified respiratory therapist pay by education in Panama

Education sits alongside experience as one of the biggest factors driving certified respiratory therapist pay in Panama. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average certified respiratory therapist salary in Panama broken down by the highest level of education a worker has completed.

  • Bachelor's Degree
    24,720 PAB
  • Master's Degree
    +70% from previous
    41,980 PAB
  • PhD
    +24% from previous
    51,900 PAB

Certified respiratory therapist gender pay gap in Panama

The gender pay gap is a stubborn feature of almost every labour market, and Panama is no exception. Male certified respiratory therapists in Panama earn an average of 40,560 PAB a year, while female certified respiratory therapists earn around 35,000 PAB. That works out to a 16% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Certified Respiratory Therapist gender pay gap

14%

Men earn this much more than women on average in Panama.

Men 40,560 PAB
Women 35,000 PAB

Pay raises for a certified respiratory therapist in Panama

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in Panama sees a raise of about 9% every 20 months, which works out to roughly 5% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in Panama, the national average raise is around 7% every 19 months.

By industry

Industries with the highest pay raises in Panama:

  • Banking
  • Energy
    1%
  • Information Technology
  • Healthcare
    2%
  • Travel
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Certified respiratory therapist bonus rates in Panama

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

57%

57% of certified respiratory therapists in Panama reported a bonus of some kind in the past twelve months. That makes a certified respiratory therapist a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 2% to 7% of base salary. The remaining 43% of certified respiratory therapists reported no bonus at all over the same period.

Which careers pay bonuses in Panama

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Certified respiratory therapist: public vs private sector pay

Public-sector pay in Panama is about 4% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

4%

Public-sector workers earn this much more than private-sector workers in Panama on average.

Public sector 27,040 PAB
Private sector 26,020 PAB


Certified Respiratory Therapist in Panama: FAQs

  • How much does a certified respiratory therapist make per month in Panama?

    A certified respiratory therapist in Panama earns about 3,145 PAB a month before tax, based on an annual average of 37,740 PAB.

  • What's the salary range for a certified respiratory therapist in Panama?

    Entry-level certified respiratory therapists in Panama start near 16,140 PAB. Top-end pay reaches around 57,860 PAB. The middle 50% of earners sit between 24,200 and 50,540 PAB.

  • Is the median certified respiratory therapist salary in Panama higher or lower than the average?

    The median is 38,620 PAB, higher than the average of 37,740 PAB. Half of certified respiratory therapists in Panama earn below the median, half earn above it.

  • What's the gender pay gap for certified respiratory therapists in Panama?

    Men working as a certified respiratory therapist in Panama earn around 16% more than women on average (40,560 vs 35,000 PAB a year).

  • Do certified respiratory therapists in Panama get bonuses?

    About 57% of certified respiratory therapists in Panama reported a bonus in the past 12 months. Reported bonuses ranged from 2% to 7% of base salary.

  • Do certified respiratory therapists earn more in the public or private sector in Panama?

    In Panama, the public sector pays a certified respiratory therapist about 4% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do certified respiratory therapists in Panama get a pay raise?

    A certified respiratory therapist in Panama sees a raise of around 9% every 20 months, equivalent to roughly 5% a year.