Honduras vs Iceland: P-Value: Public sector wage premium, by education level

Honduras
0.0451 compared to formal wage employees
in 2019
Iceland
0.0458 compared to formal wage employees
in 2013
Honduras rank
15th
Iceland rank
14th

P-Value: Public sector wage premium, by education level over time

  • Honduras
  • Iceland
00.20.40.60.81200420112019

How they compare

Iceland currently reports 0.0458 compared to formal wage employees against 0.0451 compared to formal wage employees in Honduras, a difference of 0.0007 compared to formal wage employees.

The two have swapped places 2 times across 8 shared years of data; in 2006 it was Iceland ahead.

Honduras ranks 15th 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 Honduras Iceland Difference Ahead
2000s 0.0781 compared to formal wage employees 0.2786 compared to formal wage employees 0.2005 compared to formal wage employees Iceland
2010s 0.0034 compared to formal wage employees 0.2817 compared to formal wage employees 0.2783 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, Honduras or Iceland?
Iceland, at 0.0458 compared to formal wage employees against 0.0451 compared to formal wage employees in Honduras as of 2013.
What is the difference in p-value: public sector wage premium, by education level between Honduras and Iceland?
0.0007 compared to formal wage employees, with Iceland ahead.
How many years of comparable data are there for Honduras and Iceland?
8 years are reported by both, from 2006 to 2013.
How do Honduras and Iceland rank globally for p-value: public sector wage premium, by education level?
Honduras ranks 15th 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.

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Honduras vs Iceland: P-Value: Public sector wage premium, by education level. Statizoid. Retrieved 26 August 2026, from https://reference.statizoid.com/compare/p-value-public-sector-wage-premium-by-education-level-compared-to-formal-wage-employees/honduras/iceland/

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<a href="https://reference.statizoid.com/compare/p-value-public-sector-wage-premium-by-education-level-compared-to-formal-wage-employees/honduras/iceland/">Honduras vs Iceland: P-Value: Public sector wage premium, by education level</a> — Statizoid

About this data

Indicator
P-Value: Public sector wage premium, by education level (compared to formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
54 places, 659 data points, 2000–2021
Last refreshed