Public sector wage premium in Panama
Panama: Public sector wage premium was 0.2791 compared to formal wage employees in 2021. ◆ Volatile
Public sector wage premium in Panama, 2001–2021
Source: World Bank. Measured in compared to formal wage employees.
Analysis
The most recent figure for public sector wage premium in Panama is 0.2791 compared to formal wage employees, measured in 2021. That is the highest value across all 18 years on record.
That represents a change of up 18.7% on the previous year and up 343.0% over ten years.
Over the whole period, public sector wage premium in Panama peaked at 0.2791 compared to formal wage employees in 2021 and was at its lowest, -0.0988 compared to formal wage employees, in 2018.
Panama ranks 9th of 54 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0095 compared to formal wage employees | -0.0614 compared to formal wage employees | 0.0709 compared to formal wage employees | 9 |
| 2010s | -0.0037 compared to formal wage employees | -0.0988 compared to formal wage employees | 0.2351 compared to formal wage employees | 8 |
| 2020s | 0.2791 compared to formal wage employees | 0.2791 compared to formal wage employees | 0.2791 compared to formal wage employees | 1 |
Countries ranked near Panama
- 6 El Salvador 0.3356 compared to formal wage employees compare
- 7 Luxembourg 0.3342 compared to formal wage employees compare
- 8 Costa Rica 0.3315 compared to formal wage employees compare
- 10 Tanzania 0.2601 compared to formal wage employees compare
- 11 Sri Lanka 0.2278 compared to formal wage employees compare
- 12 Cyprus 0.2236 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 in Panama?
- Public sector wage premium in Panama was 0.2791 compared to formal wage employees in 2021, according to the World Bank.
- What is the highest public sector wage premium recorded in Panama?
- The highest recorded value was 0.2791 compared to formal wage employees in 2021.
- What is the lowest public sector wage premium recorded in Panama?
- The lowest recorded value was -0.0988 compared to formal wage employees in 2018.
- How does Panama rank for public sector wage premium?
- Panama ranks 9th out of 54 countries with data for 2021.
- Is public sector wage premium rising or falling in Panama?
- Over the last ten years it is up 343.0%. 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 (compared to formal wage 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).