P-Value: Public sector wage premium, by education level in Panama

Panama: P-Value: Public sector wage premium, by education level was 0 compared to formal wage employees in 2021. ◆ Volatile

Latest (2021)
0 compared to formal wage employees
Change on year
up 679.0%
World rank
44th
of 54 countries
All-time high
0.8835 compared to formal wage employees
in 2003
All-time low
0 compared to formal wage employees
in 2019
Years of data
18
2001–2021

P-Value: Public sector wage premium, by education level in Panama, 2001–2021

00.20.40.60.82001201120212001: 0.655 compared to formal wage employees2002: 0.573 compared to formal wage employees2003: 0.884 compared to formal wage employees2004: 0.434 compared to formal wage employees2005: 0.037 compared to formal wage employees2006: 0.412 compared to formal wage employees2007: 0.836 compared to formal wage employees2008: 0.297 compared to formal wage employees2009: 0.404 compared to formal wage employees2010: 0.364 compared to formal wage employees2011: 0.286 compared to formal wage employees2012: 0.218 compared to formal wage employees2015: 0 compared to formal wage employees2016: 0.057 compared to formal wage employees2017: 0.225 compared to formal wage employees2018: 0.057 compared to formal wage employees2019: 0 compared to formal wage employees2021: 0 compared to formal wage employees

Source: World Bank. Measured in compared to formal wage employees.

Analysis

The most recent figure for p-value: public sector wage premium, by education level in Panama is 0 compared to formal wage employees, measured in 2021.

That represents a change of up 679.0% on the previous year and down 100.0% over ten years.

Over the whole period, p-value: public sector wage premium, by education level in Panama peaked at 0.8835 compared to formal wage employees in 2003 and was at its lowest, 0 compared to formal wage employees, in 2019.

That places Panama 44th out of 54 countries with data for 2021, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.5035 compared to formal wage employees 0.0371 compared to formal wage employees 0.8835 compared to formal wage employees 9
2010s 0.1509 compared to formal wage employees 0 compared to formal wage employees 0.3642 compared to formal wage employees 8
2020s 0 compared to formal wage employees 0 compared to formal wage employees 0 compared to formal wage employees 1

Countries ranked near Panama

  1. 41 Greece 0 compared to formal wage employees compare
  2. 42 Bolivia 0 compared to formal wage employees compare
  3. 43 Mexico 0 compared to formal wage employees compare
  4. 45 Dominican Republic 0 compared to formal wage employees compare
  5. 46 Chile 0 compared to formal wage employees compare
  6. 47 Armenia 0 compared to formal wage employees compare
  7. 47 Brazil 0 compared to formal wage employees compare
  8. 47 Colombia 0 compared to formal wage employees compare
  9. 47 Costa Rica 0 compared to formal wage employees compare
  10. 47 Ecuador 0 compared to formal wage employees compare
  11. 47 El Salvador 0 compared to formal wage employees compare
  12. 47 Peru 0 compared to formal wage employees compare
  13. 47 Türkiye 0 compared to formal wage employees compare

See the full ranking of 54 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is p-value: public sector wage premium, by education level in Panama?
P-value: public sector wage premium, by education level in Panama was 0 compared to formal wage employees in 2021, according to the World Bank.
What is the highest p-value: public sector wage premium, by education level recorded in Panama?
The highest recorded value was 0.8835 compared to formal wage employees in 2003.
What is the lowest p-value: public sector wage premium, by education level recorded in Panama?
The lowest recorded value was 0 compared to formal wage employees in 2019.
How does Panama rank for p-value: public sector wage premium, by education level?
Panama ranks 44th out of 54 countries with data for 2021.
Is p-value: public sector wage premium, by education level rising or falling in Panama?
Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from the World Bank, published as part of P-Value: Public sector wage premium, by education level (compared to formal wage employees). Statizoid updates them automatically from the source API.

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P-Value: Public sector wage premium, by education level in Panama. Statizoid. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/p-value-public-sector-wage-premium-by-education-level-compared-to-formal-wage-employees/panama/

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About this data

Indicator
P-Value: Public sector wage premium, by education level (compared to formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
54 places, 659 data points, 2000–2021
Last refreshed