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

Panama: Public to private wage gap, aged 15-64, primary education and below was 1.38 in 2018. ▼ Falling

Latest (2018)
1.38
Change on year
down 0.6%
World rank
13th
of 28 countries
All-time high
1.73
in 2007
All-time low
1.29
in 2015
Years of data
22
1991–2018

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

00.511.51991200420181991: 1.71995: 1.51997: 1.41998: 1.51999: 1.42000: 1.42001: 1.42002: 1.62003: 1.62004: 1.52005: 1.52006: 1.52007: 1.72008: 1.52009: 1.52010: 1.52011: 1.42012: 1.62015: 1.32016: 1.42017: 1.42018: 1.4

Source: World Bank.

Analysis

Panama recorded 1.38 for public to private wage gap, aged 15-64, primary education and below in 2018.

Compared with earlier readings it is down 0.6% on the previous year and down 6.3% over ten years.

Over the whole period, public to private wage gap, aged 15-64, primary education and below in Panama peaked at 1.73 in 2007 and was at its lowest, 1.29, in 2015.

Panama ranks 13th of 28 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 22 years of available data.

Public to private wage gap, aged 15-64, primary education and below in Panama, year by year

Annual values for Public to private wage gap, aged 15-64, primary education and below in Panama, 1991 to 2018.
Year Value Change
1991 1.67 —
1995 1.46 -12.6%
1997 1.45 -0.5%
1998 1.48 +2.0%
1999 1.41 -4.8%
2000 1.45 +2.7%
2001 1.45 +0.0%
2002 1.56 +7.6%
2003 1.56 +0.4%
2004 1.51 -3.6%
2005 1.51 +0.1%
2006 1.5 -0.4%
2007 1.73 +14.9%
2008 1.47 -14.9%
2009 1.5 +2.5%
2010 1.52 +0.7%
2011 1.37 -9.5%
2012 1.56 +14.0%
2015 1.29 -17.4%
2016 1.36 +5.6%
2017 1.38 +1.4%
2018 1.38 -0.6%

Panama compared with similar countries

  • Panama's 1.38 is above the median for Latin America & Caribbean, which is 1.38, 1.0× the median. (13 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.49 1.41 1.67 5
2000s 1.52 1.45 1.73 10
2010s 1.41 1.29 1.56 7

Countries ranked near Panama

  1. 10 Tanzania 1.52 compare
  2. 11 Colombia 1.44 compare
  3. 12 Costa Rica 1.39 compare
  4. 14 Jordan 1.35 compare
  5. 15 Bangladesh 1.33 compare
  6. 16 Puerto Rico 1.21 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, primary education and below in Panama?
Public to private wage gap, aged 15-64, primary education and below in Panama was 1.38 in 2018, according to the World Bank.
What is the highest public to private wage gap, aged 15-64, primary education and below recorded in Panama?
The highest recorded value was 1.73 in 2007.
What is the lowest public to private wage gap, aged 15-64, primary education and below recorded in Panama?
The lowest recorded value was 1.29 in 2015.
How does Panama rank for public to private wage gap, aged 15-64, primary education and below?
Panama ranks 13th out of 28 countries with data for 2018.
Is public to private wage gap, aged 15-64, primary education and below rising or falling in Panama?
Over the last ten years it is down 6.3%. 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, primary education and below. Statizoid updates them automatically from the source API.

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Public to private wage gap, aged 15-64, primary education and below in Panama. Statizoid. Retrieved 01 October 2026, from https://reference.statizoid.com/stat/public-to-private-wage-gap-aged-15-64-primary-education-and-below/panama/

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About this data

Indicator
Public to private wage gap, aged 15-64, primary education and below
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
28 places, 376 data points, 1970–2021
Last refreshed