Public sector wage premium, by occupational group: Elementary occupati in Colombia

Colombia: Public sector wage premium, by occupational group: Elementary occupati was 0.4047 compared to formal wage employees in 2020. ▲ Rising

Latest (2020)
0.4047 compared to formal wage employees
Change on year
down 15.8%
World rank
6th
of 53 countries
All-time high
0.4808 compared to formal wage employees
in 2017
All-time low
-0.0278 compared to formal wage employees
in 2016
Years of data
11
2008–2020

Public sector wage premium, by occupational group: Elementary occupati in Colombia, 2008–2020

00.20.42008201420202008: 0.319 compared to formal wage employees2009: 0.234 compared to formal wage employees2010: 0.191 compared to formal wage employees2011: 0.338 compared to formal wage employees2012: 0.256 compared to formal wage employees2013: 0.235 compared to formal wage employees2014: 0.252 compared to formal wage employees2015: 0.251 compared to formal wage employees2016: -0.028 compared to formal wage employees2017: 0.481 compared to formal wage employees2020: 0.405 compared to formal wage employees

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

Analysis

The most recent figure for public sector wage premium, by occupational group: elementary occupati in Colombia is 0.4047 compared to formal wage employees, measured in 2020.

That represents a change of down 15.8% on the previous year and up 111.9% over ten years.

Over the whole period, public sector wage premium, by occupational group: elementary occupati in Colombia peaked at 0.4808 compared to formal wage employees in 2017 and was at its lowest, -0.0278 compared to formal wage employees, in 2016.

Colombia ranks 6th of 53 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 11 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.2768 compared to formal wage employees 0.2344 compared to formal wage employees 0.3192 compared to formal wage employees 2
2010s 0.247 compared to formal wage employees -0.0278 compared to formal wage employees 0.4808 compared to formal wage employees 8
2020s 0.4047 compared to formal wage employees 0.4047 compared to formal wage employees 0.4047 compared to formal wage employees 1

Countries ranked near Colombia

  1. 3 Luxembourg 0.6012 compared to formal wage employees compare
  2. 4 Sri Lanka 0.4666 compared to formal wage employees compare
  3. 5 Turkey 0.4385 compared to formal wage employees
  4. 7 Costa Rica 0.3986 compared to formal wage employees compare
  5. 8 Uruguay 0.3716 compared to formal wage employees compare
  6. 9 Ecuador 0.3715 compared to formal wage employees compare

See the full ranking of 53 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is public sector wage premium, by occupational group: elementary occupati in Colombia?
Public sector wage premium, by occupational group: elementary occupati in Colombia was 0.4047 compared to formal wage employees in 2020, according to the World Bank.
What is the highest public sector wage premium, by occupational group: elementary occupati recorded in Colombia?
The highest recorded value was 0.4808 compared to formal wage employees in 2017.
What is the lowest public sector wage premium, by occupational group: elementary occupati recorded in Colombia?
The lowest recorded value was -0.0278 compared to formal wage employees in 2016.
How does Colombia rank for public sector wage premium, by occupational group: elementary occupati?
Colombia ranks 6th out of 53 countries with data for 2020.
Is public sector wage premium, by occupational group: elementary occupati rising or falling in Colombia?
Over the last ten years it is up 111.9%. 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 occupational group: Elementary occupation (compared to formal wage employees). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Public sector wage premium, by occupational group: Elementary occupation (compared to formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
53 places, 610 data points, 2000–2021
Last refreshed