Latvia vs Paraguay: P-Value: Public sector wage premium

Latvia
0.0055 compared to formal wage employees
in 2018
Paraguay
0.0078 compared to formal wage employees
in 2021
Latvia rank
15th
Paraguay rank
13th

P-Value: Public sector wage premium over time

  • Latvia
  • Paraguay
00.20.40.60.8200120112021

How they compare

Paraguay currently reports 0.0078 compared to formal wage employees against 0.0055 compared to formal wage employees in Latvia, a difference of 0.0023 compared to formal wage employees.

That makes Paraguay's figure about 1.4 times Latvia's.

The two have swapped places 5 times across 9 shared years of data; in 2009 it was Paraguay ahead.

Latvia ranks 15th and Paraguay ranks 13th of 54 countries.

Across the 2 decades both report, Latvia averaged higher in 1 and Paraguay in 1.

Head to head by decade

Decade Latvia Paraguay Difference Ahead
2000s 0 compared to formal wage employees 0.0142 compared to formal wage employees 0.0142 compared to formal wage employees Paraguay
2010s 0.0346 compared to formal wage employees 0.0247 compared to formal wage employees 0.01 compared to formal wage employees Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher p-value: public sector wage premium, Latvia or Paraguay?
Paraguay, at 0.0078 compared to formal wage employees against 0.0055 compared to formal wage employees in Latvia as of 2021.
What is the difference in p-value: public sector wage premium between Latvia and Paraguay?
0.0023 compared to formal wage employees, with Paraguay ahead.
How many years of comparable data are there for Latvia and Paraguay?
9 years are reported by both, from 2009 to 2017.
How do Latvia and Paraguay rank globally for p-value: public sector wage premium?
Latvia ranks 15th and Paraguay ranks 13th of 54 countries.
Where does this data come from?
The World Bank, published as P-Value: Public sector wage premium (compared to formal wage employees). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Paraguay: P-Value: Public sector wage premium. Statizoid. Retrieved 22 August 2026, from https://reference.statizoid.com/compare/p-value-public-sector-wage-premium-compared-to-formal-wage-employees/latvia/paraguay/

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<a href="https://reference.statizoid.com/compare/p-value-public-sector-wage-premium-compared-to-formal-wage-employees/latvia/paraguay/">Latvia vs Paraguay: P-Value: Public sector wage premium</a> — Statizoid

About this data

Indicator
P-Value: Public sector wage premium (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, 658 data points, 2000–2021
Last refreshed