Ecuador vs Panama: P-Value: Public sector wage premium

Ecuador
0 compared to formal wage employees
in 2017
Panama
0 compared to formal wage employees
in 2021
Ecuador rank
40th
Panama rank
40th

P-Value: Public sector wage premium over time

  • Ecuador
  • Panama
00.20.40.60.8200020102021

How they compare

Ecuador currently reports 0 compared to formal wage employees against 0 compared to formal wage employees in Panama, a difference of 0 compared to formal wage employees.

The two have swapped places 1 time across 12 shared years of data; in 2003 it was Ecuador ahead.

Ecuador ranks 40th and Panama ranks 40th of 54 countries.

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

Head to head by decade

Decade Ecuador Panama Difference Ahead
2000s 0.0765 compared to formal wage employees 0.3778 compared to formal wage employees 0.3013 compared to formal wage employees Panama
2010s 0 compared to formal wage employees 0.3208 compared to formal wage employees 0.3208 compared to formal wage employees Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher p-value: public sector wage premium, Ecuador or Panama?
Ecuador, at 0 compared to formal wage employees against 0 compared to formal wage employees in Panama as of 2017.
What is the difference in p-value: public sector wage premium between Ecuador and Panama?
0 compared to formal wage employees, with Ecuador ahead.
How many years of comparable data are there for Ecuador and Panama?
12 years are reported by both, from 2003 to 2017.
How do Ecuador and Panama rank globally for p-value: public sector wage premium?
Ecuador ranks 40th and Panama ranks 40th of 54 countries.
Where does this data come from?
The World Bank, published as P-Value: Public sector wage premium (compared to formal wage employees). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ecuador vs Panama: P-Value: Public sector wage premium. Statizoid. Retrieved 17 August 2026, from https://reference.statizoid.com/compare/p-value-public-sector-wage-premium-compared-to-formal-wage-employees/ecuador/panama/

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About this data

Indicator
P-Value: Public sector wage premium (compared to formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
54 places, 658 data points, 2000–2021
Last refreshed