Panama Severance Pay Calculator 2026

Calculate your severance pay or redundancy entitlement in Panama. Enter your monthly salary and years of service for an instant estimate based on current Panama labour law.

Estimated gross severance
Estimated severance pay
Base monthly salary
Recognised years of service

⚠️ Indicative calculation based on Panama legislation. For personalised advice consult a labour lawyer or the relevant labour authority.

How is severance pay calculated in Panama?

In Panama, severance pay is calculated at 7 days of salary per year of service (cap: no cap).

Seniority premium: 1 week/year. Panamanian Labour Code.

Frequently asked questions

How much is severance pay in Panama?
It depends on the type of dismissal, salary and years of service. In Panama, severance pay is calculated at 7 days of salary per year of service (cap: no cap). Seniority premium: 1 week/year. Panamanian Labour Code....
What does a severance package include in Panama?
A severance package typically includes accrued holiday pay, pro-rated bonuses and, where applicable, the statutory severance amount.
When is severance pay due in Panama?
Generally on objective, collective or unfair dismissals. Exact rights depend on Panama labour legislation.
How is length of service calculated for severance in Panama?
From the contract start date to the end date. Part-time periods may have special treatment.
Is severance pay mandatory in Panama?
Seniority premium: 1 week/year. Panamanian Labour Code....
Severance pay calculator for Panama updated with 2026 data. Results are indicative.

How to calculate severance pay in other countries?

Each country has its own labour legislation on severance pay. Check the specific calculator:

North America

🇺🇸 United States 🇨🇦 Canada 🇲🇽 Mexico

Central America

🇧🇿 Belize 🇬🇹 Guatemala 🇭🇳 Honduras 🇸🇻 El Salvador 🇳🇮 Nicaragua 🇨🇷 Costa Rica

South America

🇨🇴 Colombia 🇻🇪 Venezuela 🇬🇾 Guyana 🇸🇷 Suriname 🇪🇨 Ecuador 🇵🇪 Peru 🇧🇷 Brazil 🇧🇴 Bolivia 🇵🇾 Paraguay 🇨🇱 Chile 🇦🇷 Argentina 🇺🇾 Uruguay

Caribbean

🇦🇬 Antigua and Barbuda 🇧🇸 Bahamas 🇧🇧 Barbados 🇨🇺 Cuba 🇩🇲 Dominica 🇬🇩 Grenada 🇭🇹 Haiti 🇯🇲 Jamaica 🇩🇴 Dominican Republic 🇰🇳 Saint Kitts and Nevis 🇱🇨 Saint Lucia 🇻🇨 Saint Vincent and the Grenadines 🇹🇹 Trinidad and Tobago

Western Europe

🇪🇸 Spain 🇬🇧 United Kingdom 🇮🇪 Ireland 🇫🇷 France 🇩🇪 Germany 🇳🇱 Netherlands 🇧🇪 Belgium 🇱🇺 Luxembourg 🇨🇭 Switzerland 🇱🇮 Liechtenstein 🇦🇹 Austria 🇲🇨 Monaco 🇦🇩 Andorra 🇵🇹 Portugal

Northern Europe

🇸🇪 Sweden 🇳🇴 Norway 🇩🇰 Denmark 🇫🇮 Finland 🇮🇸 Iceland 🇪🇪 Estonia 🇱🇻 Latvia 🇱🇹 Lithuania

Southern Europe / Balkans

🇮🇹 Italy 🇬🇷 Greece 🇨🇾 Cyprus 🇲🇹 Malta 🇸🇲 San Marino 🇭🇷 Croatia 🇸🇮 Slovenia 🇷🇸 Serbia 🇧🇦 Bosnia and Herzegovina 🇲🇪 Montenegro 🇦🇱 Albania 🇲🇰 North Macedonia

Eastern Europe

🇵🇱 Poland 🇨🇿 Czech Republic 🇸🇰 Slovakia 🇭🇺 Hungary 🇷🇴 Romania 🇧🇬 Bulgaria 🇧🇾 Belarus 🇲🇩 Moldova 🇷🇺 Russia 🇺🇦 Ukraine

Central Asia & Caucasus

🇹🇷 Turkey 🇦🇿 Azerbaijan 🇬🇪 Georgia 🇦🇲 Armenia 🇰🇿 Kazakhstan 🇰🇬 Kyrgyzstan 🇺🇿 Uzbekistan 🇹🇯 Tajikistan 🇹🇲 Turkmenistan

East Asia

🇨🇳 China 🇯🇵 Japan 🇰🇷 South Korea 🇲🇳 Mongolia 🇹🇼 Taiwan

South Asia

🇮🇳 India 🇵🇰 Pakistan 🇧🇩 Bangladesh 🇱🇰 Sri Lanka 🇳🇵 Nepal 🇲🇻 Maldives 🇧🇹 Bhutan 🇦🇫 Afghanistan

Southeast Asia

🇸🇬 Singapore 🇲🇾 Malaysia 🇹🇭 Thailand 🇵🇭 Philippines 🇮🇩 Indonesia 🇻🇳 Vietnam 🇰🇭 Cambodia 🇲🇲 Myanmar 🇱🇦 Laos 🇧🇳 Brunei 🇹🇱 East Timor

Middle East

🇸🇦 Saudi Arabia 🇧🇭 Bahrain 🇦🇪 United Arab Emirates 🇰🇼 Kuwait 🇴🇲 Oman 🇶🇦 Qatar 🇮🇱 Israel 🇯🇴 Jordan 🇮🇶 Iraq 🇮🇷 Iran 🇱🇧 Lebanon 🇵🇸 Palestine 🇸🇾 Syria 🇾🇪 Yemen

North Africa

🇲🇦 Morocco 🇩🇿 Algeria 🇹🇳 Tunisia 🇪🇬 Egypt 🇱🇾 Libya 🇸🇩 Sudan 🇲🇷 Mauritania

West Africa

🇳🇬 Nigeria 🇬🇭 Ghana 🇸🇳 Senegal 🇨🇮 Ivory Coast 🇲🇱 Mali 🇧🇫 Burkina Faso 🇹🇬 Togo 🇧🇯 Benin 🇳🇪 Niger 🇬🇳 Guinea 🇨🇻 Cape Verde 🇬🇲 Gambia 🇸🇱 Sierra Leone 🇱🇷 Liberia 🇬🇼 Guinea-Bissau

Central Africa

🇨🇲 Cameroon 🇬🇦 Gabon 🇦🇴 Angola 🇨🇬 Republic of Congo 🇨🇩 Democratic Republic of Congo 🇬🇶 Equatorial Guinea 🇨🇫 Central African Republic 🇹🇩 Chad 🇸🇹 São Tomé and Príncipe

East Africa

🇰🇪 Kenya 🇹🇿 Tanzania 🇺🇬 Uganda 🇪🇹 Ethiopia 🇷🇼 Rwanda 🇲🇺 Mauritius 🇲🇬 Madagascar 🇲🇼 Malawi 🇸🇨 Seychelles 🇧🇮 Burundi 🇰🇲 Comoros 🇩🇯 Djibouti 🇪🇷 Eritrea 🇸🇴 Somalia 🇸🇸 South Sudan

Southern Africa

🇿🇦 South Africa 🇳🇦 Namibia 🇿🇲 Zambia 🇲🇿 Mozambique 🇿🇼 Zimbabwe 🇧🇼 Botswana 🇱🇸 Lesotho 🇸🇿 Eswatini

Oceania

🇦🇺 Australia 🇳🇿 New Zealand 🇵🇬 Papua New Guinea 🇫🇯 Fiji 🇸🇧 Solomon Islands 🇼🇸 Samoa 🇹🇴 Tonga 🇻🇺 Vanuatu 🇰🇮 Kiribati 🇫🇲 Micronesia 🇳🇷 Nauru 🇲🇭 Marshall Islands 🇵🇼 Palau 🇹🇻 Tuvalu

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