Public to private wage gap, aged 15-64, total in Panama

Panama: Public to private wage gap, aged 15-64, total was 1.61 in 2018. ▼ Falling

Latest (2018)
1.61
Change on year
unchanged
World rank
17th
of 31 countries
All-time high
1.92
in 2005
All-time low
1.48
in 2015
Years of data
23
1989–2018

Public to private wage gap, aged 15-64, total in Panama, 1989–2018

00.511.521989200320181989: 1.81991: 1.91995: 1.81997: 1.71998: 1.71999: 1.62000: 1.72001: 1.72002: 1.82003: 1.82004: 1.92005: 1.92006: 1.72007: 1.72008: 1.52009: 1.62010: 1.62011: 1.52012: 1.52015: 1.52016: 1.52017: 1.62018: 1.6

Source: World Bank.

Analysis

The most recent figure for public to private wage gap, aged 15-64, total in Panama is 1.61, measured in 2018.

Compared with earlier readings it is up 4.6% over ten years.

Over the whole period, public to private wage gap, aged 15-64, total in Panama peaked at 1.92 in 2005 and was at its lowest, 1.48, in 2015.

That places Panama 17th out of 31 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 1.8 1.8 1.8 1
1990s 1.75 1.61 1.85 5
2000s 1.75 1.54 1.92 10
2010s 1.54 1.48 1.61 7

Countries ranked near Panama

  1. 14 Sri Lanka 1.88 compare
  2. 15 Ecuador 1.85 compare
  3. 16 Mauritius 1.7 compare
  4. 18 Puerto Rico 1.57 compare
  5. 19 Paraguay 1.56 compare
  6. 20 Thailand 1.47 compare

See the full ranking of 31 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is public to private wage gap, aged 15-64, total in Panama?
Public to private wage gap, aged 15-64, total in Panama was 1.61 in 2018, according to the World Bank.
What is the highest public to private wage gap, aged 15-64, total recorded in Panama?
The highest recorded value was 1.92 in 2005.
What is the lowest public to private wage gap, aged 15-64, total recorded in Panama?
The lowest recorded value was 1.48 in 2015.
How does Panama rank for public to private wage gap, aged 15-64, total?
Panama ranks 17th out of 31 countries with data for 2018.
Is public to private wage gap, aged 15-64, total rising or falling in Panama?
Over the last ten years it is up 4.6%. 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, total. 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 15-64, total
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 399 data points, 1970–2021
Last refreshed