Public sector wage premium, by education level: No education in Panama

Panama: Public sector wage premium, by education level: No education was 0.6479 compared to formal wage employees in 2021. β—† Volatile

Latest (2021)
0.6479 compared to formal wage employees
Change on year
up 1,175.9%
World rank
2nd
of 52 countries
All-time high
0.6479 compared to formal wage employees
in 2021
All-time low
-0.3416 compared to formal wage employees
in 2007
Years of data
15
2001–2021

Public sector wage premium, by education level: No education in Panama, 2001–2021

-0.4-0.200.20.40.62001201120212001: 0.376 compared to formal wage employees2002: -0.091 compared to formal wage employees2003: -0.063 compared to formal wage employees2004: -0.025 compared to formal wage employees2005: -0.029 compared to formal wage employees2007: -0.342 compared to formal wage employees2008: 0.41 compared to formal wage employees2009: 0.09 compared to formal wage employees2011: 0.452 compared to formal wage employees2012: -0.078 compared to formal wage employees2015: -0.276 compared to formal wage employees2016: 0.628 compared to formal wage employees2017: -0.092 compared to formal wage employees2019: 0.051 compared to formal wage employees2021: 0.648 compared to formal wage employees

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

Analysis

Panama recorded 0.6479 compared to formal wage employees for public sector wage premium, by education level: no education in 2021. That is the highest value across all 15 years on record.

Compared with earlier readings it is up 1,175.9% on the previous year and up 43.3% over ten years.

Over the whole period, public sector wage premium, by education level: no education in Panama peaked at 0.6479 compared to formal wage employees in 2021 and was at its lowest, -0.3416 compared to formal wage employees, in 2007.

Panama ranks 2nd of 52 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0409 compared to formal wage employees -0.3416 compared to formal wage employees 0.4101 compared to formal wage employees 8
2010s 0.1143 compared to formal wage employees -0.2756 compared to formal wage employees 0.6282 compared to formal wage employees 6
2020s 0.6479 compared to formal wage employees 0.6479 compared to formal wage employees 0.6479 compared to formal wage employees 1

Countries ranked near Panama

  1. 1 Malta 0.7668 compared to formal wage employees compare
  2. 3 Ecuador 0.5852 compared to formal wage employees compare
  3. 4 Bulgaria 0.5802 compared to formal wage employees compare
  4. 5 Italy 0.5571 compared to formal wage employees compare

See the full ranking of 52 places β†’

More reference data data for Panama

All data for Panama β†’

Frequently asked questions

What is public sector wage premium, by education level: no education in Panama?
Public sector wage premium, by education level: no education in Panama was 0.6479 compared to formal wage employees in 2021, according to the World Bank.
What is the highest public sector wage premium, by education level: no education recorded in Panama?
The highest recorded value was 0.6479 compared to formal wage employees in 2021.
What is the lowest public sector wage premium, by education level: no education recorded in Panama?
The lowest recorded value was -0.3416 compared to formal wage employees in 2007.
How does Panama rank for public sector wage premium, by education level: no education?
Panama ranks 2nd out of 52 countries with data for 2021.
Is public sector wage premium, by education level: no education rising or falling in Panama?
Over the last ten years it is up 43.3%. 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 Public sector wage premium, by education level: No education (compared to formal wage employees). Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Public sector wage premium, by education level: No education in Panama. Statizoid. Retrieved 20 August 2026, from https://reference.statizoid.com/stat/public-sector-wage-premium-by-education-level-no-education-compared-to-formal-wage/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/public-sector-wage-premium-by-education-level-no-education-compared-to-formal-wage/panama/">Public sector wage premium, by education level: No education in Panama</a> β€” Statizoid

About this data

Indicator
Public sector wage premium, by education level: No education (compared to formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
52 places, 612 data points, 2000–2021
Last refreshed