Armenia vs Iceland: Public sector wage premium, by education level: Tertiary education

Armenia
-0.2617 compared to formal wage employees
in 2021
Iceland
-0.0975 compared to formal wage employees
in 2013
Armenia rank
52nd
Iceland rank
49th

Public sector wage premium, by education level: Tertiary education over time

  • Armenia
  • Iceland
-0.3-0.2-0.1-0200420122021

How they compare

Iceland currently reports -0.0975 compared to formal wage employees against -0.2617 compared to formal wage employees in Armenia, a difference of 0.1642 compared to formal wage employees.

The two have swapped places 2 times across 6 shared years of data; in 2004 it was Iceland ahead.

Armenia ranks 52nd and Iceland ranks 49th of 54 countries.

Iceland has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Armenia Iceland Difference Ahead
2000s -0.133 compared to formal wage employees -0.0555 compared to formal wage employees 0.0775 compared to formal wage employees Iceland
2010s -0.1352 compared to formal wage employees -0.0312 compared to formal wage employees 0.104 compared to formal wage employees Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher public sector wage premium, by education level: tertiary education, Armenia or Iceland?
Iceland, at -0.0975 compared to formal wage employees against -0.2617 compared to formal wage employees in Armenia as of 2013.
What is the difference in public sector wage premium, by education level: tertiary education between Armenia and Iceland?
0.1642 compared to formal wage employees, with Iceland ahead.
How many years of comparable data are there for Armenia and Iceland?
6 years are reported by both, from 2004 to 2013.
How do Armenia and Iceland rank globally for public sector wage premium, by education level: tertiary education?
Armenia ranks 52nd and Iceland ranks 49th of 54 countries.
Where does this data come from?
The World Bank, published as Public sector wage premium, by education level: Tertiary education (compared to formal wage employees). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Iceland: Public sector wage premium, by education level: Tertiary education. Statizoid. Retrieved 26 August 2026, from https://reference.statizoid.com/compare/public-sector-wage-premium-by-education-level-tertiary-education-compared-to-formal-wage/armenia/iceland/

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<a href="https://reference.statizoid.com/compare/public-sector-wage-premium-by-education-level-tertiary-education-compared-to-formal-wage/armenia/iceland/">Armenia vs Iceland: Public sector wage premium, by education level: Tertiary education</a> — Statizoid

About this data

Indicator
Public sector wage premium, by education level: Tertiary education (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, 657 data points, 2000–2021
Last refreshed