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
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.
Public sector wage premium, by occupational group: Managers in Panama, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2001 | 0.1947 compared to formal wage employees | — |
| 2002 | 0.0138 compared to formal wage employees | -92.9% |
| 2003 | -0.1823 compared to formal wage employees | -1420.3% |
| 2004 | -0.1051 compared to formal wage employees | -42.3% |
| 2005 | -0.201 compared to formal wage employees | +91.2% |
| 2006 | 0.4004 compared to formal wage employees | -299.3% |
| 2007 | -0.2185 compared to formal wage employees | -154.6% |
| 2008 | -0.0371 compared to formal wage employees | -83.0% |
| 2009 | -0.41 compared to formal wage employees | +1005.0% |
| 2010 | 0.287 compared to formal wage employees | -170.0% |
| 2011 | -0.0872 compared to formal wage employees | -130.4% |
| 2012 | -0.1134 compared to formal wage employees | +30.0% |
| 2015 | -0.2489 compared to formal wage employees | +119.5% |
| 2016 | -0.1653 compared to formal wage employees | -33.6% |
| 2017 | -0.2426 compared to formal wage employees | +46.8% |
| 2018 | -0.1212 compared to formal wage employees | -50.0% |
| 2019 | 0.036 compared to formal wage employees | -129.7% |
| 2021 | -0.0415 compared to formal wage employees | -215.4% |
Panama compared with similar countries
- Panama's -0.0415 compared to formal wage employees is below the median for high income countries, which is -0.005 compared to formal wage employees, 8.3× the median. (31 countries reporting)
- Panama's -0.0415 compared to formal wage employees is below the median for Latin America & Caribbean, which is 0.0667 compared to formal wage employees. (16 countries reporting)
Biggest year-on-year movements
Years where Public sector wage premium, by occupational group: Managers in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | -1420.3% | 0.0138 compared to formal wage employees | -0.1823 compared to formal wage employees |
| 2009 | -1005.0% | -0.0371 compared to formal wage employees | -0.41 compared to formal wage employees |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 34 El Salvador -0.0286 compared to formal wage employees compare
- 35 Chile -0.0329 compared to formal wage employees compare
- 36 Latvia -0.0383 compared to formal wage employees compare
- 38 Spain -0.0473 compared to formal wage employees compare
- 39 Croatia -0.0681 compared to formal wage employees compare
- 40 Turkey -0.0912 compared to formal wage employees compare
More reference data data for Panama
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1446 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.6179 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.9793 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0285 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.9793 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4849 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2267 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.08 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1553 (2050)
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.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).