Ecuador vs Panama: Public sector wage premium
Ecuador
0.5205 compared to all private employees
in 2017
Panama
0.4784 compared to all private employees
in 2021
Ecuador rank
8th
Panama rank
10th
Public sector wage premium over time
- Ecuador
- Panama
How they compare
Ecuador currently reports 0.5205 compared to all private employees against 0.4784 compared to all private employees in Panama, a difference of 0.0421 compared to all private employees.
That makes Ecuador's figure about 1.1 times Panama's.
The two have swapped places 1 time across 13 shared years of data; in 2000 it was Panama ahead.
Ecuador ranks 8th and Panama ranks 10th of 60 countries.
Across the 2 decades both report, Ecuador averaged higher in 1 and Panama in 1.
Head to head by decade
| Decade | Ecuador | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.3754 compared to all private employees | 0.4386 compared to all private employees | 0.0631 compared to all private employees | Panama |
| 2010s | 0.5151 compared to all private employees | 0.3417 compared to all private employees | 0.1734 compared to all private employees | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher public sector wage premium, Ecuador or Panama?
- Ecuador, at 0.5205 compared to all private employees against 0.4784 compared to all private employees in Panama as of 2017.
- What is the difference in public sector wage premium between Ecuador and Panama?
- 0.0421 compared to all private employees, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Panama?
- 13 years are reported by both, from 2000 to 2017.
- How do Ecuador and Panama rank globally for public sector wage premium?
- Ecuador ranks 8th and Panama ranks 10th of 60 countries.
- Where does this data come from?
- The World Bank, published as Public sector wage premium (compared to all private employees). Statizoid refreshes it automatically from the source and publishes the full history for both places.