P-Value: Public sector wage premium in Panama
Panama: P-Value: Public sector wage premium was 0 compared to formal wage employees in 2021. ◆ Volatile
Latest (2021)
0 compared to formal wage employees
World rank
40th
of 54 countries
All-time high
0.7982 compared to formal wage employees
in 2010
All-time low
0 compared to formal wage employees
in 2019
Years of data
18
2001–2021
P-Value: Public sector wage premium in Panama, 2001–2021
Source: World Bank. Measured in compared to formal wage employees.
Analysis
Panama recorded 0 compared to formal wage employees for p-value: public sector wage premium in 2021. That is the lowest value across all 18 years on record.
That represents a change of down 100.0% over ten years.
Over the whole period, p-value: public sector wage premium in Panama peaked at 0.7982 compared to formal wage employees in 2010 and was at its lowest, 0 compared to formal wage employees, in 2019.
Panama ranks 40th of 54 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
P-Value: Public sector wage premium in Panama, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2001 | 0.1289 compared to formal wage employees | — |
| 2002 | 0.6515 compared to formal wage employees | +405.5% |
| 2003 | 0.362 compared to formal wage employees | -44.4% |
| 2004 | 0.0475 compared to formal wage employees | -86.9% |
| 2005 | 0.4241 compared to formal wage employees | +793.0% |
| 2006 | 0.6419 compared to formal wage employees | +51.4% |
| 2007 | 0.3498 compared to formal wage employees | -45.5% |
| 2008 | 0.0592 compared to formal wage employees | -83.1% |
| 2009 | 0.7601 compared to formal wage employees | +1184.5% |
| 2010 | 0.7982 compared to formal wage employees | +5.0% |
| 2011 | 0.1144 compared to formal wage employees | -85.7% |
| 2012 | 0.3749 compared to formal wage employees | +227.6% |
| 2015 | 0.0022 compared to formal wage employees | -99.4% |
| 2016 | 0.0879 compared to formal wage employees | +3892.7% |
| 2017 | 0.3407 compared to formal wage employees | +287.4% |
| 2018 | 0.0081 compared to formal wage employees | -97.6% |
| 2019 | 0 compared to formal wage employees | -100.0% |
| 2021 | 0 compared to formal wage employees | — |
Panama compared with similar countries
- Panama's 0 compared to formal wage employees is below the median for high income countries, which is 0.0005 compared to formal wage employees. (31 countries reporting)
Biggest year-on-year movements
Years where P-Value: Public sector wage premium in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +3892.7% | 0.0022 compared to formal wage employees | 0.0879 compared to formal wage employees |
| 2009 | +1184.5% | 0.0592 compared to formal wage employees | 0.7601 compared to formal wage employees |
| 2005 | +793.0% | 0.0475 compared to formal wage employees | 0.4241 compared to formal wage employees |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3806 compared to formal wage employees | 0.0475 compared to formal wage employees | 0.7601 compared to formal wage employees | 9 |
| 2010s | 0.2158 compared to formal wage employees | 0 compared to formal wage employees | 0.7982 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
- 37 Greece 0 compared to formal wage employees compare
- 38 Guatemala 0 compared to formal wage employees compare
- 39 Peru 0 compared to formal wage employees compare
- 40 Armenia 0 compared to formal wage employees compare
- 40 Brazil 0 compared to formal wage employees compare
- 40 Chile 0 compared to formal wage employees compare
- 40 Colombia 0 compared to formal wage employees
- 40 Costa Rica 0 compared to formal wage employees compare
- 40 Ecuador 0 compared to formal wage employees compare
- 40 El Salvador 0 compared to formal wage employees compare
- 40 Mexico 0 compared to formal wage employees compare
- 40 Pakistan 0 compared to formal wage employees compare
- 40 South Africa 0 compared to formal wage employees compare
- 40 Sri Lanka 0 compared to formal wage employees compare
- 40 Turkey 0 compared to formal wage employees compare
- 40 Uruguay 0 compared to formal wage employees compare
- 40 Zambia 0 compared to formal wage employees compare
More reference data data for Panama
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1446 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.6179 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.9793 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0285 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.9793 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4849 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2267 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.08 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1553 (2050)
Frequently asked questions
- What is p-value: public sector wage premium in Panama?
- P-value: public sector wage premium 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 recorded in Panama?
- The highest recorded value was 0.7982 compared to formal wage employees in 2010.
- What is the lowest p-value: public sector wage premium 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?
- Panama ranks 40th out of 54 countries with data for 2021.
- Is p-value: public sector wage premium 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 (compared to formal wage employees). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).