P-Value: Public sector wage premium, by education level in Austria
Austria: P-Value: Public sector wage premium, by education level was 0.0592 compared to formal wage employees in 2018. ◆ Volatile
Latest (2018)
0.0592 compared to formal wage employees
Change on year
down 47.1%
World rank
13th
of 54 countries
All-time high
0.5614 compared to formal wage employees
in 2005
All-time low
0 compared to formal wage employees
in 2008
Years of data
15
2004–2018
P-Value: Public sector wage premium, by education level in Austria, 2004–2018
Source: World Bank. Measured in compared to formal wage employees.
Analysis
The most recent figure for p-value: public sector wage premium, by education level in Austria is 0.0592 compared to formal wage employees, measured in 2018.
The figure is down 47.1% on the previous year and up 1,382,120,000.0% over ten years.
Over the whole period, p-value: public sector wage premium, by education level in Austria peaked at 0.5614 compared to formal wage employees in 2005 and was at its lowest, 0 compared to formal wage employees, in 2008.
Austria ranks 13th of 54 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
P-Value: Public sector wage premium, by education level in Austria, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2004 | 0.0299 compared to formal wage employees | — |
| 2005 | 0.5614 compared to formal wage employees | +1779.8% |
| 2006 | 0.0341 compared to formal wage employees | -93.9% |
| 2007 | 0.0216 compared to formal wage employees | -36.5% |
| 2008 | 0 compared to formal wage employees | -100.0% |
| 2009 | 0.027 compared to formal wage employees | +630027748.5% |
| 2010 | 0.0007 compared to formal wage employees | -97.4% |
| 2011 | 0.0484 compared to formal wage employees | +6723.2% |
| 2012 | 0.0003 compared to formal wage employees | -99.3% |
| 2013 | 0.0046 compared to formal wage employees | +1238.3% |
| 2014 | 0.3604 compared to formal wage employees | +7724.0% |
| 2015 | 0.0035 compared to formal wage employees | -99.0% |
| 2016 | 0.002 compared to formal wage employees | -43.5% |
| 2017 | 0.112 compared to formal wage employees | +5631.1% |
| 2018 | 0.0592 compared to formal wage employees | -47.1% |
Austria compared with similar countries
- Austria's 0.0592 compared to formal wage employees is above the median for high income countries, which is 0.0059 compared to formal wage employees, 10.0× the median. (31 countries reporting)
- Austria's 0.0592 compared to formal wage employees is above the median for Europe & Central Asia, which is 0.0059 compared to formal wage employees, 10.0× the median. (29 countries reporting)
Biggest year-on-year movements
Years where P-Value: Public sector wage premium, by education level in Austria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +630027748.5% | 0 compared to formal wage employees | 0.027 compared to formal wage employees |
| 2014 | +7724.0% | 0.0046 compared to formal wage employees | 0.3604 compared to formal wage employees |
| 2011 | +6723.2% | 0.0007 compared to formal wage employees | 0.0484 compared to formal wage employees |
| 2017 | +5631.1% | 0.002 compared to formal wage employees | 0.112 compared to formal wage employees |
| 2005 | +1779.8% | 0.0299 compared to formal wage employees | 0.5614 compared to formal wage employees |
| 2013 | +1238.3% | 0.0003 compared to formal wage employees | 0.0046 compared to formal wage employees |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1123 compared to formal wage employees | 0 compared to formal wage employees | 0.5614 compared to formal wage employees | 6 |
| 2010s | 0.0657 compared to formal wage employees | 0.0003 compared to formal wage employees | 0.3604 compared to formal wage employees | 9 |
Countries ranked near Austria
- 10 United Kingdom 0.2032 compared to formal wage employees compare
- 11 Australia 0.1182 compared to formal wage employees compare
- 12 Serbia 0.0841 compared to formal wage employees compare
- 14 Iceland 0.0458 compared to formal wage employees compare
- 15 Honduras 0.0451 compared to formal wage employees compare
- 16 Belgium 0.0315 compared to formal wage employees compare
More reference data data for Austria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.6222 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2597 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1986 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.09 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.36 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 7.84 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.08 (2050)
Frequently asked questions
- What is p-value: public sector wage premium, by education level in Austria?
- P-value: public sector wage premium, by education level in Austria was 0.0592 compared to formal wage employees in 2018, according to the World Bank.
- What is the highest p-value: public sector wage premium, by education level recorded in Austria?
- The highest recorded value was 0.5614 compared to formal wage employees in 2005.
- What is the lowest p-value: public sector wage premium, by education level recorded in Austria?
- The lowest recorded value was 0 compared to formal wage employees in 2008.
- How does Austria rank for p-value: public sector wage premium, by education level?
- Austria ranks 13th out of 54 countries with data for 2018.
- Is p-value: public sector wage premium, by education level rising or falling in Austria?
- Over the last ten years it is up 1,382,120,000.0%. The long-run trend across the full record is volatile.
- Where does this Austria data come from?
- The figures come from the World Bank, published as part of P-Value: Public sector wage premium, by education level (compared to formal wage employees). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).