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

Panama: Public sector wage premium, by occupational group: Managers was -0.0415 compared to formal wage employees in 2021. ◆ Volatile

Latest (2021)
-0.0415 compared to formal wage employees
Change on year
down 215.4%
World rank
37th
of 52 countries
All-time high
0.4004 compared to formal wage employees
in 2006
All-time low
-0.41 compared to formal wage employees
in 2009
Years of data
18
2001–2021

Public sector wage premium, by occupational group: Managers in Panama, 2001–2021

-0.4-0.2-00.20.42001201120212001: 0.195 compared to formal wage employees2002: 0.014 compared to formal wage employees2003: -0.182 compared to formal wage employees2004: -0.105 compared to formal wage employees2005: -0.201 compared to formal wage employees2006: 0.4 compared to formal wage employees2007: -0.219 compared to formal wage employees2008: -0.037 compared to formal wage employees2009: -0.41 compared to formal wage employees2010: 0.287 compared to formal wage employees2011: -0.087 compared to formal wage employees2012: -0.113 compared to formal wage employees2015: -0.249 compared to formal wage employees2016: -0.165 compared to formal wage employees2017: -0.243 compared to formal wage employees2018: -0.121 compared to formal wage employees2019: 0.036 compared to formal wage employees2021: -0.041 compared to formal wage employees

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

Analysis

Panama recorded -0.0415 compared to formal wage employees for public sector wage premium, by occupational group: managers in 2021.

That represents a change of down 215.4% on the previous year and up 52.4% over ten years.

Over the whole period, public sector wage premium, by occupational group: managers in Panama peaked at 0.4004 compared to formal wage employees in 2006 and was at its lowest, -0.41 compared to formal wage employees, in 2009.

That places Panama 37th out of 52 countries with data for 2021, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s -0.0606 compared to formal wage employees -0.41 compared to formal wage employees 0.4004 compared to formal wage employees 9
2010s -0.082 compared to formal wage employees -0.2489 compared to formal wage employees 0.287 compared to formal wage employees 8
2020s -0.0415 compared to formal wage employees -0.0415 compared to formal wage employees -0.0415 compared to formal wage employees 1

Countries ranked near Panama

  1. 34 El Salvador -0.0286 compared to formal wage employees compare
  2. 35 Chile -0.0329 compared to formal wage employees compare
  3. 36 Latvia -0.0383 compared to formal wage employees compare
  4. 38 Spain -0.0473 compared to formal wage employees compare
  5. 39 Croatia -0.0681 compared to formal wage employees compare
  6. 40 Turkey -0.0912 compared to formal wage employees compare

See the full ranking of 52 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is public sector wage premium, by occupational group: managers in Panama?
Public sector wage premium, by occupational group: managers in Panama was -0.0415 compared to formal wage employees in 2021, according to the World Bank.
What is the highest public sector wage premium, by occupational group: managers recorded in Panama?
The highest recorded value was 0.4004 compared to formal wage employees in 2006.
What is the lowest public sector wage premium, by occupational group: managers recorded in Panama?
The lowest recorded value was -0.41 compared to formal wage employees in 2009.
How does Panama rank for public sector wage premium, by occupational group: managers?
Panama ranks 37th out of 52 countries with data for 2021.
Is public sector wage premium, by occupational group: managers rising or falling in Panama?
Over the last ten years it is up 52.4%. 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 occupational group: Managers (compared to formal wage employees). Statizoid updates them automatically from the source API.

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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