Public sector wage premium, by education level: Primary education in Panama

Panama: Public sector wage premium, by education level: Primary education was 0.3001 compared to formal wage employees in 2021. ◆ Volatile

Latest (2021)
0.3001 compared to formal wage employees
Change on year
up 96.9%
World rank
12th
of 54 countries
All-time high
0.3001 compared to formal wage employees
in 2021
All-time low
-0.0796 compared to formal wage employees
in 2006
Years of data
18
2001–2021

Public sector wage premium, by education level: Primary education in Panama, 2001–2021

-0.100.10.20.32001201120212001: 0.273 compared to formal wage employees2002: -0.029 compared to formal wage employees2003: 0.154 compared to formal wage employees2004: 0.11 compared to formal wage employees2005: -0.059 compared to formal wage employees2006: -0.08 compared to formal wage employees2007: 0.101 compared to formal wage employees2008: -0.016 compared to formal wage employees2009: 0.226 compared to formal wage employees2010: 0.075 compared to formal wage employees2011: 0.035 compared to formal wage employees2012: 0.058 compared to formal wage employees2015: 0.235 compared to formal wage employees2016: 0.069 compared to formal wage employees2017: 0.041 compared to formal wage employees2018: 0.08 compared to formal wage employees2019: 0.152 compared to formal wage employees2021: 0.3 compared to formal wage employees

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

Analysis

Panama recorded 0.3001 compared to formal wage employees for public sector wage premium, by education level: primary education in 2021. That is the highest value across all 18 years on record.

That represents a change of up 96.9% on the previous year and up 756.1% over ten years.

Over the whole period, public sector wage premium, by education level: primary education in Panama peaked at 0.3001 compared to formal wage employees in 2021 and was at its lowest, -0.0796 compared to formal wage employees, in 2006.

Panama ranks 12th of 54 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0757 compared to formal wage employees -0.0796 compared to formal wage employees 0.273 compared to formal wage employees 9
2010s 0.0931 compared to formal wage employees 0.0351 compared to formal wage employees 0.2347 compared to formal wage employees 8
2020s 0.3001 compared to formal wage employees 0.3001 compared to formal wage employees 0.3001 compared to formal wage employees 1

Countries ranked near Panama

  1. 9 Honduras 0.3155 compared to formal wage employees compare
  2. 10 Colombia 0.3151 compared to formal wage employees compare
  3. 11 Uruguay 0.3113 compared to formal wage employees compare
  4. 13 Pakistan 0.2984 compared to formal wage employees compare
  5. 14 Dominican Republic 0.2864 compared to formal wage employees compare
  6. 15 El Salvador 0.2495 compared to formal wage employees compare

See the full ranking of 54 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is public sector wage premium, by education level: primary education in Panama?
Public sector wage premium, by education level: primary education in Panama was 0.3001 compared to formal wage employees in 2021, according to the World Bank.
What is the highest public sector wage premium, by education level: primary education recorded in Panama?
The highest recorded value was 0.3001 compared to formal wage employees in 2021.
What is the lowest public sector wage premium, by education level: primary education recorded in Panama?
The lowest recorded value was -0.0796 compared to formal wage employees in 2006.
How does Panama rank for public sector wage premium, by education level: primary education?
Panama ranks 12th out of 54 countries with data for 2021.
Is public sector wage premium, by education level: primary education rising or falling in Panama?
Over the last ten years it is up 756.1%. 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: Primary education (compared to formal wage employees). Statizoid updates them automatically from the source API.

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Public sector wage premium, by education level: Primary education in Panama. Statizoid. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/public-sector-wage-premium-by-education-level-primary-education-compared-to-formal-wage/panama/

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About this data

Indicator
Public sector wage premium, by education level: Primary 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
54 places, 652 data points, 2000–2021
Last refreshed