Iceland vs Panama: Public sector wage premium, by occupational group: Professionals

Iceland
-0.1993 compared to formal wage employees
in 2013
Panama
-0.2277 compared to formal wage employees
in 2018
Iceland rank
50th
Panama rank
51st

Public sector wage premium, by occupational group: Professionals over time

  • Iceland
  • Panama
-0.3-0.2-0.1-0200120092018

How they compare

Iceland currently reports -0.1993 compared to formal wage employees against -0.2277 compared to formal wage employees in Panama, a difference of 0.0284 compared to formal wage employees.

The two have swapped places 3 times across 9 shared years of data; in 2004 it was Iceland ahead.

Iceland ranks 50th and Panama ranks 51st of 52 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 -0.1017 compared to formal wage employees -0.1997 compared to formal wage employees 0.098 compared to formal wage employees Iceland
2010s -0.116 compared to formal wage employees -0.1178 compared to formal wage employees 0.0018 compared to formal wage employees Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher public sector wage premium, by occupational group: professionals, Iceland or Panama?
Iceland, at -0.1993 compared to formal wage employees against -0.2277 compared to formal wage employees in Panama as of 2013.
What is the difference in public sector wage premium, by occupational group: professionals between Iceland and Panama?
0.0284 compared to formal wage employees, 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 public sector wage premium, by occupational group: professionals?
Iceland ranks 50th and Panama ranks 51st of 52 countries.
Where does this data come from?
The World Bank, published as Public sector wage premium, by occupational group: Professionals (compared to formal wage employees). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Panama: Public sector wage premium, by occupational group: Professionals. Statizoid. Retrieved 21 August 2026, from https://reference.statizoid.com/compare/public-sector-wage-premium-by-occupational-group-professionals-compared-to-formal-wage/iceland/panama/

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<a href="https://reference.statizoid.com/compare/public-sector-wage-premium-by-occupational-group-professionals-compared-to-formal-wage/iceland/panama/">Iceland vs Panama: Public sector wage premium, by occupational group: Professionals</a> — Statizoid

About this data

Indicator
Public sector wage premium, by occupational group: Professionals (compared to formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
52 places, 604 data points, 2000–2021
Last refreshed