El Salvador vs Panama: Public sector wage premium
El Salvador
0.3356 compared to formal wage employees
in 2021
Panama
0.2791 compared to formal wage employees
in 2021
El Salvador rank
6th
Panama rank
9th
Public sector wage premium over time
- El Salvador
- Panama
How they compare
El Salvador currently reports 0.3356 compared to formal wage employees against 0.2791 compared to formal wage employees in Panama, a difference of 0.0565 compared to formal wage employees.
That makes El Salvador's figure about 1.2 times Panama's.
Across all 14 years both countries report, El Salvador has been ahead every year.
El Salvador ranks 6th and Panama ranks 9th of 54 countries.
El Salvador has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | El Salvador | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.1686 compared to formal wage employees | 0.0095 compared to formal wage employees | 0.1591 compared to formal wage employees | El Salvador |
| 2010s | 0.3104 compared to formal wage employees | -0.0549 compared to formal wage employees | 0.3653 compared to formal wage employees | El Salvador |
| 2020s | 0.3356 compared to formal wage employees | 0.2791 compared to formal wage employees | 0.0566 compared to formal wage employees | El Salvador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher public sector wage premium, El Salvador or Panama?
- El Salvador, at 0.3356 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 El Salvador and Panama?
- 0.0565 compared to formal wage employees, with El Salvador ahead.
- How many years of comparable data are there for El Salvador and Panama?
- 14 years are reported by both, from 2001 to 2021.
- How do El Salvador and Panama rank globally for public sector wage premium?
- El Salvador ranks 6th 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.