Ecuador vs Panama: Public sector wage premium, by education level: No education
Ecuador
0.5852 compared to formal wage employees
in 2017
Panama
0.6479 compared to formal wage employees
in 2021
Ecuador rank
3rd
Panama rank
2nd
Public sector wage premium, by education level: No education over time
- Ecuador
- Panama
How they compare
Panama currently reports 0.6479 compared to formal wage employees against 0.5852 compared to formal wage employees in Ecuador, a difference of 0.0627 compared to formal wage employees.
That makes Panama's figure about 1.1 times Ecuador's.
The two have swapped places 4 times across 10 shared years of data; in 2003 it was Ecuador ahead.
Ecuador ranks 3rd and Panama ranks 2nd of 52 countries.
Ecuador has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ecuador | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.6138 compared to formal wage employees | 0.007 compared to formal wage employees | 0.6068 compared to formal wage employees | Ecuador |
| 2010s | 0.6948 compared to formal wage employees | 0.0457 compared to formal wage employees | 0.6491 compared to formal wage employees | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher public sector wage premium, by education level: no education, Ecuador or Panama?
- Panama, at 0.6479 compared to formal wage employees against 0.5852 compared to formal wage employees in Ecuador as of 2021.
- What is the difference in public sector wage premium, by education level: no education between Ecuador and Panama?
- 0.0627 compared to formal wage employees, with Panama ahead.
- How many years of comparable data are there for Ecuador and Panama?
- 10 years are reported by both, from 2003 to 2017.
- How do Ecuador and Panama rank globally for public sector wage premium, by education level: no education?
- Ecuador ranks 3rd and Panama ranks 2nd of 52 countries.
- Where does this data come from?
- The World Bank, published as Public sector wage premium, by education level: No education (compared to formal wage employees). Statizoid refreshes it automatically from the source and publishes the full history for both places.