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

Panama: P-Value: Public sector wage premium, by occupation was 0 compared to formal wage employees in 2021. β—† Volatile

Latest (2021)
0 compared to formal wage employees
Change on year
up 26,340,100.0%
World rank
43rd
of 53 countries
All-time high
0.9729 compared to formal wage employees
in 2002
All-time low
0 compared to formal wage employees
in 2019
Years of data
18
2001–2021

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

00.20.40.60.812001201120212001: 0.445 compared to formal wage employees2002: 0.973 compared to formal wage employees2003: 0.294 compared to formal wage employees2004: 0.922 compared to formal wage employees2005: 0.047 compared to formal wage employees2006: 0.029 compared to formal wage employees2007: 0.476 compared to formal wage employees2008: 0.563 compared to formal wage employees2009: 0.41 compared to formal wage employees2010: 0.967 compared to formal wage employees2011: 0.184 compared to formal wage employees2012: 0.363 compared to formal wage employees2015: 0.891 compared to formal wage employees2016: 0.345 compared to formal wage employees2017: 0.04 compared to formal wage employees2018: 0.038 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

In 2021, p-value: public sector wage premium, by occupation in Panama stood at 0 compared to formal wage employees.

That represents a change of up 26,340,100.0% on the previous year and down 100.0% over ten years.

Over the whole period, p-value: public sector wage premium, by occupation in Panama peaked at 0.9729 compared to formal wage employees in 2002 and was at its lowest, 0 compared to formal wage employees, in 2019.

Panama ranks 43rd of 53 countries on this measure, 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 0.4621 compared to formal wage employees 0.0289 compared to formal wage employees 0.9729 compared to formal wage employees 9
2010s 0.3534 compared to formal wage employees 0 compared to formal wage employees 0.9671 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. 40 Paraguay 0 compared to formal wage employees compare
  2. 41 Chile 0 compared to formal wage employees compare
  3. 42 United Kingdom 0 compared to formal wage employees compare
  4. 44 Hungary 0 compared to formal wage employees compare
  5. 45 Pakistan 0 compared to formal wage employees compare
  6. 46 Luxembourg 0 compared to formal wage employees compare

See the full ranking of 53 places β†’

More reference data data for Panama

All data for Panama β†’

Frequently asked questions

What is p-value: public sector wage premium, by occupation in Panama?
P-value: public sector wage premium, by occupation 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 occupation recorded in Panama?
The highest recorded value was 0.9729 compared to formal wage employees in 2002.
What is the lowest p-value: public sector wage premium, by occupation 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 occupation?
Panama ranks 43rd out of 53 countries with data for 2021.
Is p-value: public sector wage premium, by occupation 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 occupation (compared to formal wage employees). Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

P-Value: Public sector wage premium, by occupation in Panama. Statizoid. Retrieved 17 August 2026, from https://reference.statizoid.com/stat/p-value-public-sector-wage-premium-by-occupation-compared-to-formal-wage-employees/panama/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/p-value-public-sector-wage-premium-by-occupation-compared-to-formal-wage-employees/panama/">P-Value: Public sector wage premium, by occupation in Panama</a> β€” Statizoid

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