Public to private wage gap, aged 15-64, above primary education in Panama

Panama: Public to private wage gap, aged 15-64, above primary education was 1.55 in 2018. ▼ Falling

Latest (2018)
1.55
Change on year
down 3.1%
World rank
16th
of 28 countries
All-time high
1.81
in 2003
All-time low
1.42
in 2011
Years of data
22
1991–2018

Public to private wage gap, aged 15-64, above primary education in Panama, 1991–2018

00.511.521991200420181991: 1.61995: 1.71997: 1.51998: 1.61999: 1.52000: 1.62001: 1.62002: 1.82003: 1.82004: 1.82005: 1.72006: 1.72007: 1.72008: 1.52009: 1.62010: 1.52011: 1.42012: 1.52015: 1.42016: 1.52017: 1.62018: 1.5

Source: World Bank.

Analysis

The most recent figure for public to private wage gap, aged 15-64, above primary education in Panama is 1.55, measured in 2018.

That represents a change of down 3.1% on the previous year and up 0.3% over ten years.

Over the whole period, public to private wage gap, aged 15-64, above primary education in Panama peaked at 1.81 in 2003 and was at its lowest, 1.42, in 2011.

That places Panama 16th 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 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.59 1.5 1.75 5
2000s 1.67 1.54 1.81 10
2010s 1.5 1.42 1.59 7

Countries ranked near Panama

  1. 13 Pakistan 1.72 compare
  2. 14 Guatemala 1.68 compare
  3. 15 Puerto Rico 1.6 compare
  4. 17 Bangladesh 1.53 compare
  5. 18 Paraguay 1.5 compare
  6. 19 Dominican Republic 1.5 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 15-64, above primary education in Panama?
Public to private wage gap, aged 15-64, above primary education in Panama was 1.55 in 2018, according to the World Bank.
What is the highest public to private wage gap, aged 15-64, above primary education recorded in Panama?
The highest recorded value was 1.81 in 2003.
What is the lowest public to private wage gap, aged 15-64, above primary education recorded in Panama?
The lowest recorded value was 1.42 in 2011.
How does Panama rank for public to private wage gap, aged 15-64, above primary education?
Panama ranks 16th out of 28 countries with data for 2018.
Is public to private wage gap, aged 15-64, above primary education rising or falling in Panama?
Over the last ten years it is up 0.3%. 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 15-64, above primary education. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Public to private wage gap, aged 15-64, above primary education
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
28 places, 378 data points, 1970–2021
Last refreshed