Relative wage of Managers (using clerk as reference) in private sector in Panama
Panama: Relative wage of Managers (using clerk as reference) in private sector was 2.22 in 2021. ▲ Rising
Relative wage of Managers (using clerk as reference) in private sector in Panama, 2000–2021
Source: World Bank.
Analysis
Panama recorded 2.22 for relative wage of managers (using clerk as reference) in private sector in 2021.
That represents a change of down 5.9% on the previous year and down 3.6% over ten years.
Over the whole period, relative wage of managers (using clerk as reference) in private sector in Panama peaked at 2.49 in 2000 and was at its lowest, 0.7928, in 2010.
Panama ranks 25th of 58 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Relative wage of Managers (using clerk as reference) in private sector in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.49 | — |
| 2001 | 1.04 | -58.2% |
| 2002 | 0.8662 | -16.7% |
| 2003 | 0.8703 | +0.5% |
| 2004 | 1.1 | +26.5% |
| 2005 | 1.05 | -5.0% |
| 2006 | 1.15 | +9.9% |
| 2007 | 0.967 | -15.9% |
| 2008 | 0.9518 | -1.6% |
| 2009 | 0.9309 | -2.2% |
| 2010 | 0.7928 | -14.8% |
| 2011 | 2.3 | +190.0% |
| 2012 | 2.25 | -2.2% |
| 2015 | 2.4 | +6.6% |
| 2016 | 2.14 | -10.7% |
| 2017 | 2 | -6.5% |
| 2018 | 2.24 | +12.1% |
| 2019 | 2.35 | +5.0% |
| 2021 | 2.22 | -5.9% |
Panama compared with similar countries
- Panama's 2.22 is above the median for high income countries, which is 2.22, 1.0× the median. (31 countries reporting)
- Panama's 2.22 is below the median for Latin America & Caribbean, which is 2.31, 96% of the median. (15 countries reporting)
Biggest year-on-year movements
Years where Relative wage of Managers (using clerk as reference) in private sector in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +190.0% | 0.7928 | 2.3 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.14 | 0.8662 | 2.49 | 10 |
| 2010s | 2.06 | 0.7928 | 2.4 | 8 |
| 2020s | 2.22 | 2.22 | 2.22 | 1 |
Countries ranked near Panama
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 relative wage of managers (using clerk as reference) in private sector in Panama?
- Relative wage of managers (using clerk as reference) in private sector in Panama was 2.22 in 2021, according to the World Bank.
- What is the highest relative wage of managers (using clerk as reference) in private sector recorded in Panama?
- The highest recorded value was 2.49 in 2000.
- What is the lowest relative wage of managers (using clerk as reference) in private sector recorded in Panama?
- The lowest recorded value was 0.7928 in 2010.
- How does Panama rank for relative wage of managers (using clerk as reference) in private sector?
- Panama ranks 25th out of 58 countries with data for 2021.
- Is relative wage of managers (using clerk as reference) in private sector rising or falling in Panama?
- Over the last ten years it is down 3.6%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from the World Bank, published as part of Relative wage of Managers (using clerk as reference) in private sector. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).