Public sector wage premium, by occupational group: Professionals in Colombia
Colombia: Public sector wage premium, by occupational group: Professionals was 0.5042 compared to formal wage employees in 2020. ◆ Volatile
Latest (2020)
0.5042 compared to formal wage employees
Change on year
up 66.6%
World rank
2nd
of 52 countries
All-time high
0.5042 compared to formal wage employees
in 2020
All-time low
-0.0285 compared to formal wage employees
in 2010
Years of data
11
2008–2020
Public sector wage premium, by occupational group: Professionals in Colombia, 2008–2020
Source: World Bank. Measured in compared to formal wage employees.
Analysis
Colombia recorded 0.5042 compared to formal wage employees for public sector wage premium, by occupational group: professionals in 2020. That is the highest value across all 11 years on record.
That represents a change of up 66.6% on the previous year and up 1,869.9% over ten years.
Over the whole period, public sector wage premium, by occupational group: professionals in Colombia peaked at 0.5042 compared to formal wage employees in 2020 and was at its lowest, -0.0285 compared to formal wage employees, in 2010.
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.
Public sector wage premium, by occupational group: Professionals in Colombia, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2008 | 0.0112 compared to formal wage employees | — |
| 2009 | -0.0167 compared to formal wage employees | -249.8% |
| 2010 | -0.0285 compared to formal wage employees | +70.2% |
| 2011 | 0.0104 compared to formal wage employees | -136.5% |
| 2012 | 0.0341 compared to formal wage employees | +228.6% |
| 2013 | 0.1956 compared to formal wage employees | +473.0% |
| 2014 | 0.1387 compared to formal wage employees | -29.1% |
| 2015 | 0.0845 compared to formal wage employees | -39.0% |
| 2016 | 0.1871 compared to formal wage employees | +121.3% |
| 2017 | 0.3026 compared to formal wage employees | +61.7% |
| 2020 | 0.5042 compared to formal wage employees | +66.6% |
Colombia compared with similar countries
- Colombia's 0.5042 compared to formal wage employees is above the median for upper middle income countries, which is 0.0674 compared to formal wage employees, 7.5× the median. (15 countries reporting)
- Colombia's 0.5042 compared to formal wage employees is above the median for Latin America & Caribbean, which is 0.0745 compared to formal wage employees, 6.8× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.0028 compared to formal wage employees | -0.0167 compared to formal wage employees | 0.0112 compared to formal wage employees | 2 |
| 2010s | 0.1156 compared to formal wage employees | -0.0285 compared to formal wage employees | 0.3026 compared to formal wage employees | 8 |
| 2020s | 0.5042 compared to formal wage employees | 0.5042 compared to formal wage employees | 0.5042 compared to formal wage employees | 1 |
Countries ranked near Colombia
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 occupational group: professionals in Colombia?
- Public sector wage premium, by occupational group: professionals in Colombia was 0.5042 compared to formal wage employees in 2020, according to the World Bank.
- What is the highest public sector wage premium, by occupational group: professionals recorded in Colombia?
- The highest recorded value was 0.5042 compared to formal wage employees in 2020.
- What is the lowest public sector wage premium, by occupational group: professionals recorded in Colombia?
- The lowest recorded value was -0.0285 compared to formal wage employees in 2010.
- How does Colombia rank for public sector wage premium, by occupational group: professionals?
- Colombia ranks 2nd out of 52 countries with data for 2020.
- Is public sector wage premium, by occupational group: professionals rising or falling in Colombia?
- Over the last ten years it is up 1,869.9%. 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: Professionals (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).