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Average Visual Basic Developer Salary in Panama for 2026

A visual basic developer in Panama earns about 17,860 PAB a year. That's 31% below 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 7,080 PAB a year, while the very top stretches to 26,100 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 visual basic developer make in Panama?

Average salary
17,860 PAB
1,488 PAB per month
Lowest reported
7,080 PAB
590 PAB per month
Highest reported
26,100 PAB
2,175 PAB per month

A typical visual basic developer working in Panama brings home around 1,488 PAB a month before tax. Entry-level pay starts near 7,080 PAB, and the top of the ladder reaches roughly 26,100 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 visual basic developer 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 visual basic developer 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 visual basic developers in Panama earn less than 17,860 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 12,200 PAB (the 25th percentile), and a quarter clear 21,980 PAB (the 75th percentile). The middle 50% of visual basic developers sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 7,080 PAB. The highest stretch to 26,100 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.

7,080
Low
17,860
Median
26,100
High
12,200
25th
21,980
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in PAB

Visual basic developer pay by experience in Panama

Years of experience is the single biggest lever on pay for a visual basic developer 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 visual basic developer salary changes as you move through the career ladder.

  • 0-2 Years
    8,880 PAB
  • 2-5 Years
    +53% from previous
    13,560 PAB
  • 5-10 Years
    +31% from previous
    17,740 PAB
  • 10-15 Years
    +17% from previous
    20,760 PAB
  • 15-20 Years
    +12% from previous
    23,260 PAB
  • 20+ Years
    +16% from previous
    27,040 PAB

The single largest jump on the ladder is from 0 - 2 Years to 2 - 5 Years, where pay rises by about 53%. That is the point at which a visual basic developer 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.


Visual basic developer pay by education in Panama

Education sits alongside experience as one of the biggest factors driving visual basic developer 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 visual basic developer salary in Panama broken down by the highest level of education a worker has completed.

  • Certificate or Diploma
    13,560 PAB
  • Bachelor's Degree
    +40% from previous
    19,020 PAB
  • Master's Degree
    +23% from previous
    23,360 PAB

Visual basic developer gender pay gap in Panama

The gender pay gap is a stubborn feature of almost every labour market, and Panama is no exception. Male visual basic developers in Panama earn an average of 19,640 PAB a year, while female visual basic developers earn around 18,780 PAB. That works out to a 5% 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.

Visual Basic Developer gender pay gap

4%

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

Men 19,640 PAB
Women 18,780 PAB

Pay raises for a visual basic developer 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

Visual basic developer 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.

53%

53% of visual basic developers in Panama reported a bonus of some kind in the past twelve months. That makes a visual basic developer 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 3% to 6% of base salary. The remaining 47% of visual basic developers 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

Visual basic developer: 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


Visual Basic Developer in Panama: FAQs

  • How much does a visual basic developer make per month in Panama?

    A visual basic developer in Panama earns about 1,488 PAB a month before tax, based on an annual average of 17,860 PAB.

  • What's the salary range for a visual basic developer in Panama?

    Entry-level visual basic developers in Panama start near 7,080 PAB. Top-end pay reaches around 26,100 PAB. The middle 50% of earners sit between 12,200 and 21,980 PAB.

  • Is the median visual basic developer salary in Panama higher or lower than the average?

    The median is 17,860 PAB, higher than the average of 17,860 PAB. Half of visual basic developers in Panama earn below the median, half earn above it.

  • What's the gender pay gap for visual basic developers in Panama?

    Men working as a visual basic developer in Panama earn around 5% more than women on average (19,640 vs 18,780 PAB a year).

  • Do visual basic developers in Panama get bonuses?

    About 53% of visual basic developers in Panama reported a bonus in the past 12 months. Reported bonuses ranged from 3% to 6% of base salary.

  • Do visual basic developers earn more in the public or private sector in Panama?

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

  • How often do visual basic developers in Panama get a pay raise?

    A visual basic developer in Panama sees a raise of around 9% every 20 months, equivalent to roughly 5% a year.