Colombia vs Ecuador: Pay compression ratio in private sector
Colombia
4.6%
in 2020
Ecuador
4.8%
in 2017
Colombia rank
38th
Ecuador rank
35th
Pay compression ratio in private sector over time
- Colombia
- Ecuador
How they compare
Ecuador currently reports 4.8% against 4.6% in Colombia, a difference of 0.2%.
The two have swapped places 3 times across 14 shared years of data; in 2003 it was Colombia ahead.
Colombia ranks 38th and Ecuador ranks 35th of 60 countries.
Colombia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Colombia | Ecuador | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.2% | 5.4% | 0.8% | Colombia |
| 2010s | 5.1% | 4.3% | 0.8% | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher pay compression ratio in private sector, Colombia or Ecuador?
- Ecuador, at 4.8% against 4.6% in Colombia as of 2017.
- What is the difference in pay compression ratio in private sector between Colombia and Ecuador?
- 0.2%, with Ecuador ahead.
- How many years of comparable data are there for Colombia and Ecuador?
- 14 years are reported by both, from 2003 to 2017.
- How do Colombia and Ecuador rank globally for pay compression ratio in private sector?
- Colombia ranks 38th and Ecuador ranks 35th of 60 countries.
- Where does this data come from?
- The World Bank, published as Pay compression ratio in private sector (ratio of 90th/10th percentile earners). Statizoid refreshes it automatically from the source and publishes the full history for both places.