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

Latest (2021)
2.22
Change on year
down 5.9%
World rank
25th
of 58 countries
All-time high
2.49
in 2000
All-time low
0.7928
in 2010
Years of data
19
2000–2021

Relative wage of Managers (using clerk as reference) in private sector in Panama, 2000–2021

11.522.52000201020212000: 2.52001: 12002: 0.8662003: 0.872004: 1.12005: 12006: 1.12007: 0.9672008: 0.9522009: 0.9312010: 0.7932011: 2.32012: 2.22015: 2.42016: 2.12017: 22018: 2.22019: 2.42021: 2.2

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 22 Sri Lanka 2.25 compare
  2. 23 Georgia 2.24 compare
  3. 24 Iceland 2.24 compare
  4. 26 Turkey 2.21 compare
  5. 27 Mexico 2.2 compare
  6. 28 Bulgaria 2.19 compare

See the full ranking of 58 places →

More reference data data for Panama

All data for Panama →

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).

About this data

Indicator
Relative wage of Managers (using clerk as reference) in private sector
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
58 places, 672 data points, 2000–2021
Last refreshed