Costa Rica vs Panama: Public sector wage premium
Costa Rica
0.3315 compared to formal wage employees
in 2021
Panama
0.2791 compared to formal wage employees
in 2021
Costa Rica rank
8th
Panama rank
9th
Public sector wage premium over time
- Costa Rica
- Panama
How they compare
Costa Rica currently reports 0.3315 compared to formal wage employees against 0.2791 compared to formal wage employees in Panama, a difference of 0.0524 compared to formal wage employees.
That makes Costa Rica's figure about 1.2 times Panama's.
Across all 15 years both countries report, Costa Rica has been ahead every year.
Costa Rica ranks 8th and Panama ranks 9th of 54 countries.
Costa Rica has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Costa Rica | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.1105 compared to formal wage employees | 0.0095 compared to formal wage employees | 0.1011 compared to formal wage employees | Costa Rica |
| 2010s | 0.3478 compared to formal wage employees | -0.0457 compared to formal wage employees | 0.3936 compared to formal wage employees | Costa Rica |
| 2020s | 0.3315 compared to formal wage employees | 0.2791 compared to formal wage employees | 0.0524 compared to formal wage employees | Costa Rica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher public sector wage premium, Costa Rica or Panama?
- Costa Rica, at 0.3315 compared to formal wage employees against 0.2791 compared to formal wage employees in Panama as of 2021.
- What is the difference in public sector wage premium between Costa Rica and Panama?
- 0.0524 compared to formal wage employees, with Costa Rica ahead.
- How many years of comparable data are there for Costa Rica and Panama?
- 15 years are reported by both, from 2001 to 2021.
- How do Costa Rica and Panama rank globally for public sector wage premium?
- Costa Rica ranks 8th and Panama ranks 9th 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.