Panama vs United Kingdom of Great Britain and Northern Ireland: Pay compression ratio in private sector
Panama
6.9%
in 2021
United Kingdom of Great Britain and Northern Ireland
7.2%
in 2016
Panama rank
19th
United Kingdom of Great Britain and Northern Ireland rank
16th
Pay compression ratio in private sector over time
- Panama
- United Kingdom of Great Britain and Northern Ireland
How they compare
United Kingdom of Great Britain and Northern Ireland currently reports 7.2% against 6.9% in Panama, a difference of 0.3%.
Across all 10 years both countries report, United Kingdom of Great Britain and Northern Ireland has been ahead every year.
Panama ranks 19th and United Kingdom of Great Britain and Northern Ireland ranks 16th of 60 countries.
United Kingdom of Great Britain and Northern Ireland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Panama | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.1% | 7.8% | 0.7% | United Kingdom of Great Britain and Northern Ireland |
| 2010s | 6.2% | 7.5% | 1.4% | United Kingdom of Great Britain and Northern Ireland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher pay compression ratio in private sector, Panama or United Kingdom of Great Britain and Northern Ireland?
- United Kingdom of Great Britain and Northern Ireland, at 7.2% against 6.9% in Panama as of 2016.
- What is the difference in pay compression ratio in private sector between Panama and United Kingdom of Great Britain and Northern Ireland?
- 0.3%, with United Kingdom of Great Britain and Northern Ireland ahead.
- How many years of comparable data are there for Panama and United Kingdom of Great Britain and Northern Ireland?
- 10 years are reported by both, from 2005 to 2016.
- How do Panama and United Kingdom of Great Britain and Northern Ireland rank globally for pay compression ratio in private sector?
- Panama ranks 19th and United Kingdom of Great Britain and Northern Ireland ranks 16th 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.