Public sector wage premium, by occupational group: Professionals in Panama
Panama: Public sector wage premium, by occupational group: Professionals was -0.2277 compared to formal wage employees in 2018. ▲ Rising
Public sector wage premium, by occupational group: Professionals in Panama, 2001–2018
Source: World Bank. Measured in compared to formal wage employees.
Analysis
Panama recorded -0.2277 compared to formal wage employees for public sector wage premium, by occupational group: professionals in 2018.
The figure is down 173.6% on the previous year and up 20.5% over ten years.
Over the whole period, public sector wage premium, by occupational group: professionals in Panama peaked at -0.0302 compared to formal wage employees in 2011 and was at its lowest, -0.2862 compared to formal wage employees, in 2008.
That places Panama 51st out of 52 countries with data for 2018, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Public sector wage premium, by occupational group: Professionals in Panama, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2001 | -0.1846 compared to formal wage employees | — |
| 2002 | -0.2119 compared to formal wage employees | +14.8% |
| 2003 | -0.2114 compared to formal wage employees | -0.2% |
| 2004 | -0.1598 compared to formal wage employees | -24.4% |
| 2005 | -0.0569 compared to formal wage employees | -64.4% |
| 2006 | -0.2199 compared to formal wage employees | +286.3% |
| 2007 | -0.2512 compared to formal wage employees | +14.2% |
| 2008 | -0.2862 compared to formal wage employees | +13.9% |
| 2009 | -0.2241 compared to formal wage employees | -21.7% |
| 2010 | -0.1931 compared to formal wage employees | -13.8% |
| 2011 | -0.0302 compared to formal wage employees | -84.3% |
| 2012 | -0.1299 compared to formal wage employees | +329.8% |
| 2015 | -0.2699 compared to formal wage employees | +107.7% |
| 2016 | -0.1017 compared to formal wage employees | -62.3% |
| 2017 | -0.0832 compared to formal wage employees | -18.1% |
| 2018 | -0.2277 compared to formal wage employees | +173.6% |
Panama compared with similar countries
- Panama's -0.2277 compared to formal wage employees is below the median for high income countries, which is -0.0647 compared to formal wage employees, 3.5× the median. (31 countries reporting)
- Panama's -0.2277 compared to formal wage employees is below the median for Latin America & Caribbean, which is 0.0745 compared to formal wage employees. (16 countries reporting)
Biggest year-on-year movements
Years where Public sector wage premium, by occupational group: Professionals 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 |
|---|---|---|---|
| 2012 | -329.8% | -0.0302 compared to formal wage employees | -0.1299 compared to formal wage employees |
| 2006 | -286.3% | -0.0569 compared to formal wage employees | -0.2199 compared to formal wage employees |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.2007 compared to formal wage employees | -0.2862 compared to formal wage employees | -0.0569 compared to formal wage employees | 9 |
| 2010s | -0.148 compared to formal wage employees | -0.2699 compared to formal wage employees | -0.0302 compared to formal wage employees | 7 |
Countries ranked near Panama
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: professionals in Panama?
- Public sector wage premium, by occupational group: professionals in Panama was -0.2277 compared to formal wage employees in 2018, according to the World Bank.
- What is the highest public sector wage premium, by occupational group: professionals recorded in Panama?
- The highest recorded value was -0.0302 compared to formal wage employees in 2011.
- What is the lowest public sector wage premium, by occupational group: professionals recorded in Panama?
- The lowest recorded value was -0.2862 compared to formal wage employees in 2008.
- How does Panama rank for public sector wage premium, by occupational group: professionals?
- Panama ranks 51st out of 52 countries with data for 2018.
- Is public sector wage premium, by occupational group: professionals rising or falling in Panama?
- Over the last ten years it is up 20.5%. The long-run trend across the full record is rising.
- 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: Professionals (compared to formal wage employees). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).