Colombia vs Ecuador: Public sector wage premium
Colombia
0.6407 compared to formal wage employees
in 2020
Ecuador
0.4105 compared to formal wage employees
in 2017
Colombia rank
2nd
Ecuador rank
3rd
Public sector wage premium over time
- Colombia
- Ecuador
How they compare
Colombia currently reports 0.6407 compared to formal wage employees against 0.4105 compared to formal wage employees in Ecuador, a difference of 0.2302 compared to formal wage employees.
That makes Colombia's figure about 1.6 times Ecuador's.
The two have swapped places 2 times across 11 shared years of data; in 2006 it was Colombia ahead.
Colombia ranks 2nd and Ecuador ranks 3rd of 54 countries.
Colombia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Colombia | Ecuador | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.3188 compared to formal wage employees | 0.3032 compared to formal wage employees | 0.0156 compared to formal wage employees | Colombia |
| 2010s | 0.4461 compared to formal wage employees | 0.3984 compared to formal wage employees | 0.0477 compared to formal wage employees | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher public sector wage premium, Colombia or Ecuador?
- Colombia, at 0.6407 compared to formal wage employees against 0.4105 compared to formal wage employees in Ecuador as of 2020.
- What is the difference in public sector wage premium between Colombia and Ecuador?
- 0.2302 compared to formal wage employees, with Colombia ahead.
- How many years of comparable data are there for Colombia and Ecuador?
- 11 years are reported by both, from 2006 to 2017.
- How do Colombia and Ecuador rank globally for public sector wage premium?
- Colombia ranks 2nd and Ecuador ranks 3rd of 54 countries.
- Where does this data come from?
- The World Bank, published as Public sector wage premium (compared to formal wage employees). Statizoid refreshes it automatically from the source and publishes the full history for both places.