Public sector wage premium, by occupational group: Managers in Colombia

Colombia: Public sector wage premium, by occupational group: Managers was 0.5217 compared to formal wage employees in 2020. ◆ Volatile

Latest (2020)
0.5217 compared to formal wage employees
Change on year
up 1,800.7%
World rank
2nd
of 52 countries
All-time high
0.5217 compared to formal wage employees
in 2020
All-time low
-0.2166 compared to formal wage employees
in 2016
Years of data
11
2008–2020

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

-0.200.20.40.62008201420202008: 0.243 compared to formal wage employees2009: 0.288 compared to formal wage employees2010: 0.284 compared to formal wage employees2011: 0.318 compared to formal wage employees2012: 0.349 compared to formal wage employees2013: 0.143 compared to formal wage employees2014: 0.336 compared to formal wage employees2015: 0.376 compared to formal wage employees2016: -0.217 compared to formal wage employees2017: 0.027 compared to formal wage employees2020: 0.522 compared to formal wage employees

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

Analysis

In 2020, public sector wage premium, by occupational group: managers in Colombia stood at 0.5217 compared to formal wage employees. That is the highest value across all 11 years on record.

The figure is up 1,800.7% on the previous year and up 83.6% over ten years.

Over the whole period, public sector wage premium, by occupational group: managers in Colombia peaked at 0.5217 compared to formal wage employees in 2020 and was at its lowest, -0.2166 compared to formal wage employees, in 2016.

Colombia ranks 2nd of 52 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.2656 compared to formal wage employees 0.2432 compared to formal wage employees 0.2881 compared to formal wage employees 2
2010s 0.2021 compared to formal wage employees -0.2166 compared to formal wage employees 0.3761 compared to formal wage employees 8
2020s 0.5217 compared to formal wage employees 0.5217 compared to formal wage employees 0.5217 compared to formal wage employees 1

Countries ranked near Colombia

  1. 1 Ethiopia 0.5555 compared to formal wage employees compare
  2. 3 Dominican Republic 0.372 compared to formal wage employees compare
  3. 4 Russia 0.3615 compared to formal wage employees compare
  4. 5 Zambia 0.3234 compared to formal wage employees compare

See the full ranking of 52 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is public sector wage premium, by occupational group: managers in Colombia?
Public sector wage premium, by occupational group: managers in Colombia was 0.5217 compared to formal wage employees in 2020, according to the World Bank.
What is the highest public sector wage premium, by occupational group: managers recorded in Colombia?
The highest recorded value was 0.5217 compared to formal wage employees in 2020.
What is the lowest public sector wage premium, by occupational group: managers recorded in Colombia?
The lowest recorded value was -0.2166 compared to formal wage employees in 2016.
How does Colombia rank for public sector wage premium, by occupational group: managers?
Colombia ranks 2nd out of 52 countries with data for 2020.
Is public sector wage premium, by occupational group: managers rising or falling in Colombia?
Over the last ten years it is up 83.6%. The long-run trend across the full record is volatile.
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: Managers (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: Managers (compared to formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
52 places, 600 data points, 2000–2021
Last refreshed