Panama vs Spain: Public sector wage premium, by education level: Tertiary education

Panama
0.2835 compared to formal wage employees
in 2021
Spain
0.2474 compared to formal wage employees
in 2018
Panama rank
8th
Spain rank
10th

Public sector wage premium, by education level: Tertiary education over time

  • Panama
  • Spain
-0.200.20.4200120112021

How they compare

Panama currently reports 0.2835 compared to formal wage employees against 0.2474 compared to formal wage employees in Spain, a difference of 0.0361 compared to formal wage employees.

That makes Panama's figure about 1.1 times Spain's.

Across all 11 years both countries report, Spain has been ahead every year.

Panama ranks 8th and Spain ranks 10th of 54 countries.

Spain has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Panama Spain Difference Ahead
2000s -0.0361 compared to formal wage employees 0.3009 compared to formal wage employees 0.337 compared to formal wage employees Spain
2010s -0.0705 compared to formal wage employees 0.3205 compared to formal wage employees 0.391 compared to formal wage employees Spain

Averages of every year both report within each decade.

Frequently asked questions

Which has higher public sector wage premium, by education level: tertiary education, Panama or Spain?
Panama, at 0.2835 compared to formal wage employees against 0.2474 compared to formal wage employees in Spain as of 2021.
What is the difference in public sector wage premium, by education level: tertiary education between Panama and Spain?
0.0361 compared to formal wage employees, with Panama ahead.
How many years of comparable data are there for Panama and Spain?
11 years are reported by both, from 2006 to 2018.
How do Panama and Spain rank globally for public sector wage premium, by education level: tertiary education?
Panama ranks 8th and Spain ranks 10th of 54 countries.
Where does this data come from?
The World Bank, published as Public sector wage premium, by education level: Tertiary education (compared to formal wage employees). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs Spain: Public sector wage premium, by education level: Tertiary education. Statizoid. Retrieved 21 August 2026, from https://reference.statizoid.com/compare/public-sector-wage-premium-by-education-level-tertiary-education-compared-to-formal-wage/panama/spain/

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About this data

Indicator
Public sector wage premium, by education level: Tertiary education (compared to formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
54 places, 657 data points, 2000–2021
Last refreshed