Public sector wage premium, by education level: Secondary education in Panama
Panama: Public sector wage premium, by education level: Secondary education was 0.269 compared to formal wage employees in 2021. ◆ Volatile
Latest (2021)
0.269 compared to formal wage employees
Change on year
up 4.2%
World rank
12th
of 54 countries
All-time high
0.269 compared to formal wage employees
in 2021
All-time low
-0.1309 compared to formal wage employees
in 2018
Years of data
18
2001–2021
Public sector wage premium, by education level: Secondary education in Panama, 2001–2021
Source: World Bank. Measured in compared to formal wage employees.
Analysis
The most recent figure for public sector wage premium, by education level: secondary education in Panama is 0.269 compared to formal wage employees, measured in 2021. That is the highest value across all 18 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 403.0% over ten years.
Over the whole period, public sector wage premium, by education level: secondary education in Panama peaked at 0.269 compared to formal wage employees in 2021 and was at its lowest, -0.1309 compared to formal wage employees, in 2018.
That places Panama 12th out of 54 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Public sector wage premium, by education level: Secondary education in Panama, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2001 | 0.0771 compared to formal wage employees | — |
| 2002 | 0.021 compared to formal wage employees | -72.8% |
| 2003 | 0.048 compared to formal wage employees | +129.2% |
| 2004 | 0.1116 compared to formal wage employees | +132.5% |
| 2005 | -0.0612 compared to formal wage employees | -154.8% |
| 2006 | 0.0483 compared to formal wage employees | -179.0% |
| 2007 | -0.0882 compared to formal wage employees | -282.5% |
| 2008 | -0.1011 compared to formal wage employees | +14.6% |
| 2009 | -0.0162 compared to formal wage employees | -84.0% |
| 2010 | -0.004 compared to formal wage employees | -75.4% |
| 2011 | 0.0535 compared to formal wage employees | -1438.9% |
| 2012 | 0.0023 compared to formal wage employees | -95.7% |
| 2015 | -0.0515 compared to formal wage employees | -2319.4% |
| 2016 | -0.021 compared to formal wage employees | -59.2% |
| 2017 | -0.0058 compared to formal wage employees | -72.5% |
| 2018 | -0.1309 compared to formal wage employees | +2165.8% |
| 2019 | 0.2581 compared to formal wage employees | -297.1% |
| 2021 | 0.269 compared to formal wage employees | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0044 compared to formal wage employees | -0.1011 compared to formal wage employees | 0.1116 compared to formal wage employees | 9 |
| 2010s | 0.0126 compared to formal wage employees | -0.1309 compared to formal wage employees | 0.2581 compared to formal wage employees | 8 |
| 2020s | 0.269 compared to formal wage employees | 0.269 compared to formal wage employees | 0.269 compared to formal wage employees | 1 |
Countries ranked near Panama
- 9 El Salvador 0.3426 compared to formal wage employees compare
- 10 Sri Lanka 0.3043 compared to formal wage employees compare
- 11 Pakistan 0.2853 compared to formal wage employees compare
- 13 Cyprus 0.2628 compared to formal wage employees compare
- 14 Dominican Republic 0.2533 compared to formal wage employees compare
- 15 Uruguay 0.2415 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 public sector wage premium, by education level: secondary education in Panama?
- Public sector wage premium, by education level: secondary education in Panama was 0.269 compared to formal wage employees in 2021, according to the World Bank.
- What is the highest public sector wage premium, by education level: secondary education recorded in Panama?
- The highest recorded value was 0.269 compared to formal wage employees in 2021.
- What is the lowest public sector wage premium, by education level: secondary education recorded in Panama?
- The lowest recorded value was -0.1309 compared to formal wage employees in 2018.
- How does Panama rank for public sector wage premium, by education level: secondary education?
- Panama ranks 12th out of 54 countries with data for 2021.
- Is public sector wage premium, by education level: secondary education rising or falling in Panama?
- Over the last ten years it is up 403.0%. 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 Public sector wage premium, by education level: Secondary education (compared to formal wage employees). 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).