Public sector wage premium, by education level: Tertiary education in Colombia
Colombia: Public sector wage premium, by education level: Tertiary education was 0.663 compared to formal wage employees in 2020. ▲ Rising
Public sector wage premium, by education level: Tertiary education in Colombia, 2006–2020
Source: World Bank. Measured in compared to formal wage employees.
Analysis
In 2020, public sector wage premium, by education level: tertiary education in Colombia stood at 0.663 compared to formal wage employees. That is the highest value across all 13 years on record.
That represents a change of up 24.9% on the previous year and up 86.5% over ten years.
Over the whole period, public sector wage premium, by education level: tertiary education in Colombia peaked at 0.663 compared to formal wage employees in 2020 and was at its lowest, 0.2965 compared to formal wage employees, in 2007.
Colombia ranks 1st of 54 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3101 compared to formal wage employees | 0.2965 compared to formal wage employees | 0.3381 compared to formal wage employees | 4 |
| 2010s | 0.4479 compared to formal wage employees | 0.3555 compared to formal wage employees | 0.5388 compared to formal wage employees | 8 |
| 2020s | 0.663 compared to formal wage employees | 0.663 compared to formal wage employees | 0.663 compared to formal wage employees | 1 |
Countries ranked near Colombia
- 2 Dominican Republic 0.5848 compared to formal wage employees compare
- 3 Ecuador 0.418 compared to formal wage employees compare
- 4 El Salvador 0.3749 compared to formal wage employees compare
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 public sector wage premium, by education level: tertiary education in Colombia?
- Public sector wage premium, by education level: tertiary education in Colombia was 0.663 compared to formal wage employees in 2020, according to the World Bank.
- What is the highest public sector wage premium, by education level: tertiary education recorded in Colombia?
- The highest recorded value was 0.663 compared to formal wage employees in 2020.
- What is the lowest public sector wage premium, by education level: tertiary education recorded in Colombia?
- The lowest recorded value was 0.2965 compared to formal wage employees in 2007.
- How does Colombia rank for public sector wage premium, by education level: tertiary education?
- Colombia ranks 1st out of 54 countries with data for 2020.
- Is public sector wage premium, by education level: tertiary education rising or falling in Colombia?
- Over the last ten years it is up 86.5%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from the World Bank, published as part of Public sector wage premium, by education level: Tertiary education (compared to formal wage employees). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).