Iceland vs Latvia: P-Value: Public sector wage premium
Iceland
0.0014 compared to all private employees
in 2013
Latvia
0.0045 compared to all private employees
in 2018
Iceland rank
17th
Latvia rank
14th
P-Value: Public sector wage premium over time
- Iceland
- Latvia
How they compare
Latvia currently reports 0.0045 compared to all private employees against 0.0014 compared to all private employees in Iceland, a difference of 0.0031 compared to all private employees.
That makes Latvia's figure about 3.2 times Iceland's.
Across all 7 years both countries report, Iceland has been ahead every year.
Iceland ranks 17th and Latvia ranks 14th of 60 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.0007 compared to all private employees | 0 compared to all private employees | 0.0007 compared to all private employees | Iceland |
| 2010s | 0.1586 compared to all private employees | 0 compared to all private employees | 0.1586 compared to all private employees | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher p-value: public sector wage premium, Iceland or Latvia?
- Latvia, at 0.0045 compared to all private employees against 0.0014 compared to all private employees in Iceland as of 2018.
- What is the difference in p-value: public sector wage premium between Iceland and Latvia?
- 0.0031 compared to all private employees, with Latvia ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 7 years are reported by both, from 2007 to 2013.
- How do Iceland and Latvia rank globally for p-value: public sector wage premium?
- Iceland ranks 17th and Latvia ranks 14th of 60 countries.
- Where does this data come from?
- The World Bank, published as P-Value: Public sector wage premium (compared to all private employees). Statizoid refreshes it automatically from the source and publishes the full history for both places.