Ecuador vs Panama: Public sector wage premium, by occupational group: Elementary occupati

Ecuador
0.3715 compared to formal wage employees
in 2017
Panama
0.2194 compared to formal wage employees
in 2021
Ecuador rank
9th
Panama rank
12th

Public sector wage premium, by occupational group: Elementary occupati over time

  • Ecuador
  • Panama
-0.200.20.40.6200020102021

How they compare

Ecuador currently reports 0.3715 compared to formal wage employees against 0.2194 compared to formal wage employees in Panama, a difference of 0.1521 compared to formal wage employees.

That makes Ecuador's figure about 1.7 times Panama's.

Across all 7 years both countries report, Ecuador has been ahead every year.

Ecuador ranks 9th and Panama ranks 12th of 53 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 0.1769 compared to formal wage employees -0.059 compared to formal wage employees 0.2359 compared to formal wage employees Ecuador
2010s 0.2862 compared to formal wage employees 0.0148 compared to formal wage employees 0.2714 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 occupational group: elementary occupati, Ecuador or Panama?
Ecuador, at 0.3715 compared to formal wage employees against 0.2194 compared to formal wage employees in Panama as of 2017.
What is the difference in public sector wage premium, by occupational group: elementary occupati between Ecuador and Panama?
0.1521 compared to formal wage employees, with Ecuador ahead.
How many years of comparable data are there for Ecuador and Panama?
7 years are reported by both, from 2004 to 2017.
How do Ecuador and Panama rank globally for public sector wage premium, by occupational group: elementary occupati?
Ecuador ranks 9th and Panama ranks 12th of 53 countries.
Where does this data come from?
The World Bank, published as Public sector wage premium, by occupational group: Elementary occupation (compared to formal wage employees). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Public sector wage premium, by occupational group: Elementary occupation (compared to formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
53 places, 610 data points, 2000–2021
Last refreshed