Cyprus vs Panama: Pay compression ratio in private sector

Cyprus
7.0%
in 2018
Panama
6.9%
in 2021
Cyprus rank
17th
Panama rank
19th

Pay compression ratio in private sector over time

  • Cyprus
  • Panama
02468200020102021

How they compare

Cyprus currently reports 7.0% against 6.9% in Panama, a difference of 0.1%.

The two have swapped places 1 time across 12 shared years of data; in 2005 it was Panama ahead.

Cyprus ranks 17th and Panama ranks 19th of 60 countries.

Across the 2 decades both report, Cyprus averaged higher in 1 and Panama in 1.

Head to head by decade

Decade Cyprus Panama Difference Ahead
2000s 6.4% 7.1% 0.7% Panama
2010s 7.5% 6.0% 1.5% Cyprus

Averages of every year both report within each decade.

Frequently asked questions

Which has higher pay compression ratio in private sector, Cyprus or Panama?
Cyprus, at 7.0% against 6.9% in Panama as of 2018.
What is the difference in pay compression ratio in private sector between Cyprus and Panama?
0.1%, with Cyprus ahead.
How many years of comparable data are there for Cyprus and Panama?
12 years are reported by both, from 2005 to 2018.
How do Cyprus and Panama rank globally for pay compression ratio in private sector?
Cyprus ranks 17th and Panama ranks 19th 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.

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Cyprus vs Panama: Pay compression ratio in private sector. Statizoid. Retrieved 30 August 2026, from https://reference.statizoid.com/compare/pay-compression-ratio-in-private-sector-ratio-of-90th-10th-percentile-earners/cyprus/panama/

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<a href="https://reference.statizoid.com/compare/pay-compression-ratio-in-private-sector-ratio-of-90th-10th-percentile-earners/cyprus/panama/">Cyprus vs Panama: Pay compression ratio in private sector</a> — Statizoid

About this data

Indicator
Pay compression ratio in private sector (ratio of 90th/10th percentile earners)
Unit
ratio of 90th/10th percentile earners
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
60 places, 741 data points, 2000–2021
Last refreshed