Public sector wage premium in Colombia

Colombia: Public sector wage premium was 0.8416 compared to all private employees in 2020. ▲ Rising

Latest (2020)
0.8416 compared to all private employees
Change on year
up 23.7%
World rank
2nd
of 60 countries
All-time high
0.8416 compared to all private employees
in 2020
All-time low
0.475 compared to all private employees
in 2004
Years of data
18
2001–2020

Public sector wage premium in Colombia, 2001–2020

00.20.40.60.82001201020202001: 0.548 compared to all private employees2002: 0.531 compared to all private employees2003: 0.57 compared to all private employees2004: 0.475 compared to all private employees2005: 0.503 compared to all private employees2006: 0.582 compared to all private employees2007: 0.526 compared to all private employees2008: 0.515 compared to all private employees2009: 0.555 compared to all private employees2010: 0.619 compared to all private employees2011: 0.639 compared to all private employees2012: 0.656 compared to all private employees2013: 0.652 compared to all private employees2014: 0.628 compared to all private employees2015: 0.642 compared to all private employees2016: 0.71 compared to all private employees2017: 0.68 compared to all private employees2020: 0.842 compared to all private employees

Source: World Bank. Measured in compared to all private employees.

Analysis

The most recent figure for public sector wage premium in Colombia is 0.8416 compared to all private employees, measured in 2020. That is the highest value across all 18 years on record.

That represents a change of up 23.7% on the previous year and up 35.9% over ten years.

Over the whole period, public sector wage premium in Colombia peaked at 0.8416 compared to all private employees in 2020 and was at its lowest, 0.475 compared to all private employees, in 2004.

That places Colombia 2nd out of 60 countries with data for 2020, putting it in the top 10%.

The long-run direction has been consistently rising across the 18 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.5338 compared to all private employees 0.475 compared to all private employees 0.5822 compared to all private employees 9
2010s 0.653 compared to all private employees 0.6193 compared to all private employees 0.7098 compared to all private employees 8
2020s 0.8416 compared to all private employees 0.8416 compared to all private employees 0.8416 compared to all private employees 1

Countries ranked near Colombia

  1. 1 Zambia 0.9787 compared to all private employees compare
  2. 3 Namibia 0.7327 compared to all private employees compare
  3. 4 Guatemala 0.6107 compared to all private employees compare
  4. 5 El Salvador 0.5914 compared to all private employees compare

See the full ranking of 60 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is public sector wage premium in Colombia?
Public sector wage premium in Colombia was 0.8416 compared to all private employees in 2020, according to the World Bank.
What is the highest public sector wage premium recorded in Colombia?
The highest recorded value was 0.8416 compared to all private employees in 2020.
What is the lowest public sector wage premium recorded in Colombia?
The lowest recorded value was 0.475 compared to all private employees in 2004.
How does Colombia rank for public sector wage premium?
Colombia ranks 2nd out of 60 countries with data for 2020.
Is public sector wage premium rising or falling in Colombia?
Over the last ten years it is up 35.9%. The long-run trend across the full record is rising.
Where does this Colombia data come from?
The figures come from the World Bank, published as part of Public sector wage premium (compared to all private 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).

About this data

Indicator
Public sector wage premium (compared to all private employees)
Unit
compared to all private employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
60 places, 738 data points, 2000–2021
Last refreshed