P-Value: Public sector wage premium, by occupation in Colombia

Colombia: P-Value: Public sector wage premium, by occupation was 0 compared to formal wage employees in 2020. ◆ Volatile

Latest (2020)
0 compared to formal wage employees
Change on year
down 100.0%
World rank
50th
of 53 countries
All-time high
0.3196 compared to formal wage employees
in 2017
All-time low
0 compared to formal wage employees
in 2020
Years of data
11
2008–2020

P-Value: Public sector wage premium, by occupation in Colombia, 2008–2020

00.10.20.32008201420202008: 0 compared to formal wage employees2009: 0.013 compared to formal wage employees2010: 0 compared to formal wage employees2011: 0 compared to formal wage employees2012: 0 compared to formal wage employees2013: 0.191 compared to formal wage employees2014: 0 compared to formal wage employees2015: 0 compared to formal wage employees2016: 0.222 compared to formal wage employees2017: 0.32 compared to formal wage employees2020: 0 compared to formal wage employees

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

Analysis

In 2020, p-value: public sector wage premium, by occupation in Colombia stood at 0 compared to formal wage employees. That is the lowest value across all 11 years on record.

The figure is down 100.0% on the previous year and down 100.0% over ten years.

Over the whole period, p-value: public sector wage premium, by occupation in Colombia peaked at 0.3196 compared to formal wage employees in 2017 and was at its lowest, 0 compared to formal wage employees, in 2020.

That places Colombia 50th out of 53 countries with data for 2020, 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 0.0066 compared to formal wage employees 0.0004 compared to formal wage employees 0.0127 compared to formal wage employees 2
2010s 0.0916 compared to formal wage employees 0 compared to formal wage employees 0.3196 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 Colombia

  1. 47 Cyprus 0 compared to formal wage employees compare
  2. 48 Mexico 0 compared to formal wage employees compare
  3. 49 Peru 0 compared to formal wage employees compare
  4. 50 Costa Rica 0 compared to formal wage employees compare
  5. 50 Türkiye 0 compared to formal wage employees
  6. 50 Uruguay 0 compared to formal wage employees compare

See the full ranking of 53 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is p-value: public sector wage premium, by occupation in Colombia?
P-value: public sector wage premium, by occupation in Colombia was 0 compared to formal wage employees in 2020, according to the World Bank.
What is the highest p-value: public sector wage premium, by occupation recorded in Colombia?
The highest recorded value was 0.3196 compared to formal wage employees in 2017.
What is the lowest p-value: public sector wage premium, by occupation recorded in Colombia?
The lowest recorded value was 0 compared to formal wage employees in 2020.
How does Colombia rank for p-value: public sector wage premium, by occupation?
Colombia ranks 50th out of 53 countries with data for 2020.
Is p-value: public sector wage premium, by occupation rising or falling in Colombia?
Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
Where does this Colombia data come from?
The figures come from the World Bank, published as part of P-Value: Public sector wage premium, by occupation (compared to formal wage employees). Statizoid updates them automatically from the source API.

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CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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P-Value: Public sector wage premium, by occupation in Colombia. Statizoid. Retrieved 19 August 2026, from https://reference.statizoid.com/stat/p-value-public-sector-wage-premium-by-occupation-compared-to-formal-wage-employees/colombia/

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About this data

Indicator
P-Value: Public sector wage premium, by occupation (compared to formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
53 places, 617 data points, 2000–2021
Last refreshed