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

Panama: Public sector wage premium, by occupational group: Technicians was 0.0632 compared to formal wage employees in 2021. ◆ Volatile

Latest (2021)
0.0632 compared to formal wage employees
Change on year
up 703.3%
World rank
21st
of 53 countries
All-time high
0.1866 compared to formal wage employees
in 2002
All-time low
-0.2299 compared to formal wage employees
in 2016
Years of data
17
2001–2021

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

-0.2-0.1-00.10.22001201120212001: 0.155 compared to formal wage employees2002: 0.187 compared to formal wage employees2003: 0.102 compared to formal wage employees2004: 0.116 compared to formal wage employees2005: 0.165 compared to formal wage employees2006: 0.092 compared to formal wage employees2007: 0.122 compared to formal wage employees2008: -0.04 compared to formal wage employees2009: 0.093 compared to formal wage employees2010: 0.002 compared to formal wage employees2011: -0.155 compared to formal wage employees2012: -0.085 compared to formal wage employees2015: -0.153 compared to formal wage employees2016: -0.23 compared to formal wage employees2018: -0.1 compared to formal wage employees2019: 0.008 compared to formal wage employees2021: 0.063 compared to formal wage employees

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

Analysis

Panama recorded 0.0632 compared to formal wage employees for public sector wage premium, by occupational group: technicians in 2021.

That represents a change of up 703.3% on the previous year and up 140.9% over ten years.

Over the whole period, public sector wage premium, by occupational group: technicians in Panama peaked at 0.1866 compared to formal wage employees in 2002 and was at its lowest, -0.2299 compared to formal wage employees, in 2016.

That places Panama 21st out of 53 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 0.1101 compared to formal wage employees -0.0402 compared to formal wage employees 0.1866 compared to formal wage employees 9
2010s -0.1018 compared to formal wage employees -0.2299 compared to formal wage employees 0.0079 compared to formal wage employees 7
2020s 0.0632 compared to formal wage employees 0.0632 compared to formal wage employees 0.0632 compared to formal wage employees 1

Countries ranked near Panama

  1. 18 Bolivia 0.079 compared to formal wage employees compare
  2. 19 Namibia 0.07 compared to formal wage employees compare
  3. 20 Ireland 0.0653 compared to formal wage employees compare
  4. 22 Peru 0.0611 compared to formal wage employees compare
  5. 23 Malta 0.0534 compared to formal wage employees compare
  6. 24 Sri Lanka 0.0514 compared to formal wage employees compare

See the full ranking of 53 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is public sector wage premium, by occupational group: technicians in Panama?
Public sector wage premium, by occupational group: technicians in Panama was 0.0632 compared to formal wage employees in 2021, according to the World Bank.
What is the highest public sector wage premium, by occupational group: technicians recorded in Panama?
The highest recorded value was 0.1866 compared to formal wage employees in 2002.
What is the lowest public sector wage premium, by occupational group: technicians recorded in Panama?
The lowest recorded value was -0.2299 compared to formal wage employees in 2016.
How does Panama rank for public sector wage premium, by occupational group: technicians?
Panama ranks 21st out of 53 countries with data for 2021.
Is public sector wage premium, by occupational group: technicians rising or falling in Panama?
Over the last ten years it is up 140.9%. 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: Technicians (compared to formal wage employees). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Public sector wage premium, by occupational group: Technicians (compared to formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
53 places, 615 data points, 2000–2021
Last refreshed