Pay compression ratio in private sector in Colombia
Colombia: Pay compression ratio in private sector was 4.6% in 2020. ▼ Falling
Pay compression ratio in private sector in Colombia, 2001–2020
Source: World Bank. Measured in ratio of 90th/10th percentile earners.
Analysis
Colombia recorded 4.6% for pay compression ratio in private sector in 2020.
Compared with earlier readings it is up 6.2% on the previous year and down 21.1% over ten years.
Over the whole period, pay compression ratio in private sector in Colombia peaked at 6.9% in 2003 and was at its lowest, 4.3%, in 2017.
That places Colombia 38th out of 60 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Pay compression ratio in private sector in Colombia, year by year
| Year | ratio of 90th/10th percentile earners | Change |
|---|---|---|
| 2001 | 5.4% | — |
| 2002 | 6.3% | +17.3% |
| 2003 | 6.9% | +9.6% |
| 2004 | 6.3% | -8.5% |
| 2005 | 5.6% | -10.5% |
| 2006 | 6.8% | +20.1% |
| 2007 | 6.6% | -2.1% |
| 2008 | 5.6% | -15.2% |
| 2009 | 5.6% | -0.2% |
| 2010 | 5.8% | +3.4% |
| 2011 | 5.5% | -5.3% |
| 2012 | 5.4% | -1.1% |
| 2013 | 5.5% | +0.8% |
| 2014 | 5.4% | -1.7% |
| 2015 | 4.9% | -9.2% |
| 2016 | 4.5% | -8.5% |
| 2017 | 4.3% | -3.7% |
| 2020 | 4.6% | +6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.1% | 5.4% | 6.9% | 9 |
| 2010s | 5.2% | 4.3% | 5.8% | 8 |
| 2020s | 4.6% | 4.6% | 4.6% | 1 |
Countries ranked near Colombia
More reference data data for Colombia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.92 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 11.17 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 19.02 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.4113 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 19.02 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 9.81 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 2.67 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 61.25 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 94.56 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.24 (2050)
Frequently asked questions
- What is pay compression ratio in private sector in Colombia?
- Pay compression ratio in private sector in Colombia was 4.6% in 2020, according to the World Bank.
- What is the highest pay compression ratio in private sector recorded in Colombia?
- The highest recorded value was 6.9% in 2003.
- What is the lowest pay compression ratio in private sector recorded in Colombia?
- The lowest recorded value was 4.3% in 2017.
- How does Colombia rank for pay compression ratio in private sector?
- Colombia ranks 38th out of 60 countries with data for 2020.
- Is pay compression ratio in private sector rising or falling in Colombia?
- Over the last ten years it is down 21.1%. The long-run trend across the full record is falling.
- Where does this Colombia data come from?
- The figures come from the World Bank, published as part of Pay compression ratio in private sector (ratio of 90th/10th percentile earners). Statizoid updates them automatically from the source API.
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CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).