Guatemala vs Panama: Pay compression ratio in private sector
Guatemala
6.5%
in 2017
Panama
6.9%
in 2021
Guatemala rank
21st
Panama rank
19th
Pay compression ratio in private sector over time
- Guatemala
- Panama
How they compare
Panama currently reports 6.9% against 6.5% in Guatemala, a difference of 0.4%.
That makes Panama's figure about 1.1 times Guatemala's.
The two have swapped places 2 times across 7 shared years of data; in 2000 it was Guatemala ahead.
Guatemala ranks 21st and Panama ranks 19th of 60 countries.
Across the 2 decades both report, Guatemala averaged higher in 1 and Panama in 1.
Head to head by decade
| Decade | Guatemala | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.0% | 7.6% | 0.6% | Panama |
| 2010s | 6.3% | 5.6% | 0.7% | Guatemala |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher pay compression ratio in private sector, Guatemala or Panama?
- Panama, at 6.9% against 6.5% in Guatemala as of 2021.
- What is the difference in pay compression ratio in private sector between Guatemala and Panama?
- 0.4%, with Panama ahead.
- How many years of comparable data are there for Guatemala and Panama?
- 7 years are reported by both, from 2000 to 2017.
- How do Guatemala and Panama rank globally for pay compression ratio in private sector?
- Guatemala ranks 21st 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.