Australia vs Iceland: P-Value: Public sector wage premium, by education level
Australia
0.1182 compared to formal wage employees
in 2015
Iceland
0.0458 compared to formal wage employees
in 2013
Australia rank
11th
Iceland rank
14th
P-Value: Public sector wage premium, by education level over time
- Australia
- Iceland
How they compare
Australia currently reports 0.1182 compared to formal wage employees against 0.0458 compared to formal wage employees in Iceland, a difference of 0.0724 compared to formal wage employees.
That makes Australia's figure about 2.6 times Iceland's.
The two have swapped places 5 times across 10 shared years of data; in 2004 it was Iceland ahead.
Australia ranks 11th and Iceland ranks 14th of 54 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.1168 compared to formal wage employees | 0.4539 compared to formal wage employees | 0.3371 compared to formal wage employees | Iceland |
| 2010s | 0.0786 compared to formal wage employees | 0.2817 compared to formal wage employees | 0.2031 compared to formal wage employees | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher p-value: public sector wage premium, by education level, Australia or Iceland?
- Australia, at 0.1182 compared to formal wage employees against 0.0458 compared to formal wage employees in Iceland as of 2015.
- What is the difference in p-value: public sector wage premium, by education level between Australia and Iceland?
- 0.0724 compared to formal wage employees, with Australia ahead.
- How many years of comparable data are there for Australia and Iceland?
- 10 years are reported by both, from 2004 to 2013.
- How do Australia and Iceland rank globally for p-value: public sector wage premium, by education level?
- Australia ranks 11th and Iceland ranks 14th of 54 countries.
- Where does this data come from?
- The World Bank, published as P-Value: Public sector wage premium, by education level (compared to formal wage employees). Statizoid refreshes it automatically from the source and publishes the full history for both places.