Iceland vs Peru: Pay compression ratio in private sector
Iceland
5.7%
in 2013
Peru
5.9%
in 2021
Iceland rank
28th
Peru rank
27th
Pay compression ratio in private sector over time
- Iceland
- Peru
How they compare
Peru currently reports 5.9% against 5.7% in Iceland, a difference of 0.2%.
Across all 10 years both countries report, Peru has been ahead every year.
Iceland ranks 28th and Peru ranks 27th of 60 countries.
Peru has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Peru | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.8% | 8.8% | 3.0% | Peru |
| 2010s | 5.5% | 7.2% | 1.7% | Peru |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher pay compression ratio in private sector, Iceland or Peru?
- Peru, at 5.9% against 5.7% in Iceland as of 2021.
- What is the difference in pay compression ratio in private sector between Iceland and Peru?
- 0.2%, with Peru ahead.
- How many years of comparable data are there for Iceland and Peru?
- 10 years are reported by both, from 2004 to 2013.
- How do Iceland and Peru rank globally for pay compression ratio in private sector?
- Iceland ranks 28th and Peru ranks 27th of 60 countries.
- Where does this data come from?
- The World Bank, published as Pay compression ratio in private sector (ratio of 90th/10th percentile earners). Statizoid refreshes it automatically from the source and publishes the full history for both places.