Iceland vs Panama: Pay compression ratio in public sector
Iceland
4.0%
in 2013
Panama
3.7%
in 2021
Iceland rank
32nd
Panama rank
35th
Pay compression ratio in public sector over time
- Iceland
- Panama
How they compare
Iceland currently reports 4.0% against 3.7% in Panama, a difference of 0.3%.
That makes Iceland's figure about 1.1 times Panama's.
The two have swapped places 2 times across 9 shared years of data; in 2004 it was Iceland ahead.
Iceland ranks 32nd and Panama ranks 35th of 60 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.9% | 4.2% | 0.7% | Iceland |
| 2010s | 4.1% | 3.8% | 0.3% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher pay compression ratio in public sector, Iceland or Panama?
- Iceland, at 4.0% against 3.7% in Panama as of 2013.
- What is the difference in pay compression ratio in public sector between Iceland and Panama?
- 0.3%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Panama?
- 9 years are reported by both, from 2004 to 2012.
- How do Iceland and Panama rank globally for pay compression ratio in public sector?
- Iceland ranks 32nd and Panama ranks 35th of 60 countries.
- Where does this data come from?
- The World Bank, published as Pay compression ratio in public sector (ratio of 90th/10th percentile earners). Statizoid refreshes it automatically from the source and publishes the full history for both places.