Relative wage of Technicians (using clerk as reference) in private sec in Panama

Panama: Relative wage of Technicians (using clerk as reference) in private sec was 1.47 in 2021. ▲ Rising

Latest (2021)
1.47
Change on year
down 2.7%
World rank
8th
of 57 countries
All-time high
1.54
in 2011
All-time low
0.7055
in 2002
Years of data
19
2000–2021

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

00.511.52000201020212000: 12001: 0.8692002: 0.7062003: 0.9332004: 0.842005: 0.9112006: 0.8462007: 0.8792008: 0.9742009: 0.8642010: 0.8642011: 1.52012: 1.42015: 1.42016: 1.52017: 1.42018: 1.42019: 1.52021: 1.5

Source: World Bank.

Analysis

The most recent figure for relative wage of technicians (using clerk as reference) in private sec in Panama is 1.47, measured in 2021.

The figure is down 2.7% on the previous year and down 4.8% over ten years.

Over the whole period, relative wage of technicians (using clerk as reference) in private sec in Panama peaked at 1.54 in 2011 and was at its lowest, 0.7055, in 2002.

Panama ranks 8th of 57 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.884 0.7055 1.02 10
2010s 1.39 0.8643 1.54 8
2020s 1.47 1.47 1.47 1

Countries ranked near Panama

  1. 5 Cyprus 1.59 compare
  2. 6 Brazil 1.56 compare
  3. 7 Chile 1.55 compare
  4. 9 Lithuania 1.46 compare
  5. 10 Dominican Republic 1.45 compare
  6. 11 Switzerland 1.42 compare

See the full ranking of 57 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is relative wage of technicians (using clerk as reference) in private sec in Panama?
Relative wage of technicians (using clerk as reference) in private sec in Panama was 1.47 in 2021, according to the World Bank.
What is the highest relative wage of technicians (using clerk as reference) in private sec recorded in Panama?
The highest recorded value was 1.54 in 2011.
What is the lowest relative wage of technicians (using clerk as reference) in private sec recorded in Panama?
The lowest recorded value was 0.7055 in 2002.
How does Panama rank for relative wage of technicians (using clerk as reference) in private sec?
Panama ranks 8th out of 57 countries with data for 2021.
Is relative wage of technicians (using clerk as reference) in private sec rising or falling in Panama?
Over the last ten years it is down 4.8%. 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 Technicians (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 Technicians (using clerk as reference) in private sector
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
57 places, 659 data points, 2000–2021
Last refreshed