Public sector wage premium, by industry: Education in Colombia
Colombia: Public sector wage premium, by industry: Education was 0.402 compared to formal wage employees in 2017. ▲ Rising
Latest (2017)
0.402 compared to formal wage employees
Change on year
down 11.3%
World rank
5th
of 20 countries
All-time high
0.4531 compared to formal wage employees
in 2016
All-time low
0.1815 compared to formal wage employees
in 2006
Years of data
12
2006–2017
Public sector wage premium, by industry: Education in Colombia, 2006–2017
Source: World Bank. Measured in compared to formal wage employees.
Analysis
Colombia recorded 0.402 compared to formal wage employees for public sector wage premium, by industry: education in 2017.
Compared with earlier readings it is down 11.3% on the previous year and up 120.3% over ten years.
Over the whole period, public sector wage premium, by industry: education in Colombia peaked at 0.4531 compared to formal wage employees in 2016 and was at its lowest, 0.1815 compared to formal wage employees, in 2006.
That places Colombia 5th out of 20 countries with data for 2017, putting it in the top quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Public sector wage premium, by industry: Education in Colombia, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2006 | 0.1815 compared to formal wage employees | — |
| 2007 | 0.1825 compared to formal wage employees | +0.5% |
| 2008 | 0.2664 compared to formal wage employees | +46.0% |
| 2009 | 0.2852 compared to formal wage employees | +7.1% |
| 2010 | 0.3624 compared to formal wage employees | +27.0% |
| 2011 | 0.3654 compared to formal wage employees | +0.8% |
| 2012 | 0.3571 compared to formal wage employees | -2.3% |
| 2013 | 0.4052 compared to formal wage employees | +13.5% |
| 2014 | 0.3624 compared to formal wage employees | -10.6% |
| 2015 | 0.3819 compared to formal wage employees | +5.4% |
| 2016 | 0.4531 compared to formal wage employees | +18.6% |
| 2017 | 0.402 compared to formal wage employees | -11.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2289 compared to formal wage employees | 0.1815 compared to formal wage employees | 0.2852 compared to formal wage employees | 4 |
| 2010s | 0.3862 compared to formal wage employees | 0.3571 compared to formal wage employees | 0.4531 compared to formal wage employees | 8 |
Countries ranked near Colombia
- 2 Pakistan 0.7198 compared to formal wage employees compare
- 3 El Salvador 0.5363 compared to formal wage employees compare
- 4 Guatemala 0.5052 compared to formal wage employees compare
- 6 Peru 0.3744 compared to formal wage employees compare
- 7 Sri Lanka 0.3543 compared to formal wage employees compare
- 8 Costa Rica 0.3339 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 industry: education in Colombia?
- Public sector wage premium, by industry: education in Colombia was 0.402 compared to formal wage employees in 2017, according to the World Bank.
- What is the highest public sector wage premium, by industry: education recorded in Colombia?
- The highest recorded value was 0.4531 compared to formal wage employees in 2016.
- What is the lowest public sector wage premium, by industry: education recorded in Colombia?
- The lowest recorded value was 0.1815 compared to formal wage employees in 2006.
- How does Colombia rank for public sector wage premium, by industry: education?
- Colombia ranks 5th out of 20 countries with data for 2017.
- Is public sector wage premium, by industry: education rising or falling in Colombia?
- Over the last ten years it is up 120.3%. 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 industry: Education (compared to formal wage employees). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).