Public to private wage gap, aged 15-24 in Panama

Panama: Public to private wage gap, aged 15-24 was 1.28 in 2018. ▼ Falling

Latest (2018)
1.28
Change on year
up 1.4%
World rank
19th
of 28 countries
All-time high
1.88
in 2005
All-time low
1.17
in 2011
Years of data
23
1989–2018

Public to private wage gap, aged 15-24 in Panama, 1989–2018

00.511.521989200320181989: 1.81991: 1.81995: 1.41997: 1.61998: 1.51999: 1.72000: 1.62001: 1.52002: 1.72003: 1.82004: 1.62005: 1.92006: 1.52007: 1.42008: 1.32009: 1.32010: 1.32011: 1.22012: 1.22015: 1.22016: 1.22017: 1.32018: 1.3

Source: World Bank.

Analysis

The most recent figure for public to private wage gap, aged 15-24 in Panama is 1.28, measured in 2018.

Compared with earlier readings it is up 1.4% on the previous year and down 3.9% over ten years.

Over the whole period, public to private wage gap, aged 15-24 in Panama peaked at 1.88 in 2005 and was at its lowest, 1.17, in 2011.

That places Panama 19th out of 28 countries with data for 2018, putting it in the middle of the range.

The long-run direction has been consistently falling across the 23 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.81 1.81 1.81 1
1990s 1.6 1.45 1.79 5
2000s 1.57 1.32 1.88 10
2010s 1.24 1.17 1.31 7

Countries ranked near Panama

  1. 16 Colombia 1.32 compare
  2. 17 Mauritius 1.3 compare
  3. 18 Peru 1.29 compare
  4. 20 Paraguay 1.26 compare
  5. 21 Chile 1.22 compare
  6. 22 Georgia 1.2 compare

See the full ranking of 28 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is public to private wage gap, aged 15-24 in Panama?
Public to private wage gap, aged 15-24 in Panama was 1.28 in 2018, according to the World Bank.
What is the highest public to private wage gap, aged 15-24 recorded in Panama?
The highest recorded value was 1.88 in 2005.
What is the lowest public to private wage gap, aged 15-24 recorded in Panama?
The lowest recorded value was 1.17 in 2011.
How does Panama rank for public to private wage gap, aged 15-24?
Panama ranks 19th out of 28 countries with data for 2018.
Is public to private wage gap, aged 15-24 rising or falling in Panama?
Over the last ten years it is down 3.9%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from the World Bank, published as part of Public to private wage gap, aged 15-24. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Public to private wage gap, aged 15-24
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
28 places, 381 data points, 1970–2021
Last refreshed