Ecuador vs Iceland: P-Value: Public sector wage premium, by occupation
Ecuador
0.0613 compared to formal wage employees
in 2017
Iceland
0.1236 compared to formal wage employees
in 2013
Ecuador rank
22nd
Iceland rank
19th
P-Value: Public sector wage premium, by occupation over time
- Ecuador
- Iceland
How they compare
Iceland currently reports 0.1236 compared to formal wage employees against 0.0613 compared to formal wage employees in Ecuador, a difference of 0.0623 compared to formal wage employees.
That makes Iceland's figure about 2.0 times Ecuador's.
The two have swapped places 2 times across 6 shared years of data; in 2004 it was Iceland ahead.
Ecuador ranks 22nd and Iceland ranks 19th of 53 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ecuador | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.0582 compared to formal wage employees | 0.3936 compared to formal wage employees | 0.3354 compared to formal wage employees | Iceland |
| 2010s | 0 compared to formal wage employees | 0.1284 compared to formal wage employees | 0.1284 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 occupation, Ecuador or Iceland?
- Iceland, at 0.1236 compared to formal wage employees against 0.0613 compared to formal wage employees in Ecuador as of 2013.
- What is the difference in p-value: public sector wage premium, by occupation between Ecuador and Iceland?
- 0.0623 compared to formal wage employees, with Iceland ahead.
- How many years of comparable data are there for Ecuador and Iceland?
- 6 years are reported by both, from 2004 to 2013.
- How do Ecuador and Iceland rank globally for p-value: public sector wage premium, by occupation?
- Ecuador ranks 22nd and Iceland ranks 19th of 53 countries.
- Where does this data come from?
- The World Bank, published as P-Value: Public sector wage premium, by occupation (compared to formal wage employees). Statizoid refreshes it automatically from the source and publishes the full history for both places.