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
Public sector wage premium, by occupational group: Technicians in Panama, 2001–2021
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.
Public sector wage premium, by occupational group: Technicians in Panama, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2001 | 0.1554 compared to formal wage employees | — |
| 2002 | 0.1866 compared to formal wage employees | +20.1% |
| 2003 | 0.1021 compared to formal wage employees | -45.3% |
| 2004 | 0.1156 compared to formal wage employees | +13.2% |
| 2005 | 0.1654 compared to formal wage employees | +43.1% |
| 2006 | 0.092 compared to formal wage employees | -44.4% |
| 2007 | 0.1216 compared to formal wage employees | +32.1% |
| 2008 | -0.0402 compared to formal wage employees | -133.1% |
| 2009 | 0.0926 compared to formal wage employees | -330.3% |
| 2010 | 0.0023 compared to formal wage employees | -97.5% |
| 2011 | -0.1546 compared to formal wage employees | -6859.0% |
| 2012 | -0.0846 compared to formal wage employees | -45.3% |
| 2015 | -0.1532 compared to formal wage employees | +81.1% |
| 2016 | -0.2299 compared to formal wage employees | +50.0% |
| 2018 | -0.1002 compared to formal wage employees | -56.4% |
| 2019 | 0.0079 compared to formal wage employees | -107.9% |
| 2021 | 0.0632 compared to formal wage employees | +703.3% |
Panama compared with similar countries
- Panama's 0.0632 compared to formal wage employees is above the median for high income countries, which is -0.0304 compared to formal wage employees. (31 countries reporting)
- Panama's 0.0632 compared to formal wage employees is below the median for Latin America & Caribbean, which is 0.0886 compared to formal wage employees, 71% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where Public sector wage premium, by occupational group: Technicians 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 |
|---|---|---|---|
| 2011 | -6859.0% | 0.0023 compared to formal wage employees | -0.1546 compared to formal wage employees |
| 2021 | +703.3% | 0.0079 compared to formal wage employees | 0.0632 compared to formal wage employees |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 18 Bolivia 0.079 compared to formal wage employees compare
- 19 Namibia 0.07 compared to formal wage employees compare
- 20 Ireland 0.0653 compared to formal wage employees compare
- 22 Peru 0.0611 compared to formal wage employees compare
- 23 Malta 0.0534 compared to formal wage employees compare
- 24 Sri Lanka 0.0514 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: 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.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).