P-Value: Public sector wage premium, by education level in Serbia

Serbia: P-Value: Public sector wage premium, by education level was 0.0841 compared to formal wage employees in 2018. ◆ Volatile

Latest (2018)
0.0841 compared to formal wage employees
Change on year
down 87.7%
World rank
12th
of 54 countries
All-time high
0.6856 compared to formal wage employees
in 2017
All-time low
0.0028 compared to formal wage employees
in 2015
Years of data
6
2013–2018

P-Value: Public sector wage premium, by education level in Serbia, 2013–2018

00.20.40.62013201520182013: 0.025 compared to formal wage employees2014: 0.011 compared to formal wage employees2015: 0.003 compared to formal wage employees2016: 0.466 compared to formal wage employees2017: 0.686 compared to formal wage employees2018: 0.084 compared to formal wage employees

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 Serbia is 0.0841 compared to formal wage employees, measured in 2018.

That represents a change of down 87.7% on the previous year and up 237.3% over ten years.

That places Serbia 12th out of 54 countries with data for 2018, putting it in the top quarter.

Countries ranked near Serbia

  1. 9 Italy 0.3165 compared to formal wage employees compare
  2. 10 United Kingdom 0.2032 compared to formal wage employees
  3. 11 Australia 0.1182 compared to formal wage employees
  4. 13 Austria 0.0592 compared to formal wage employees compare
  5. 14 Iceland 0.0458 compared to formal wage employees
  6. 15 Honduras 0.0451 compared to formal wage employees compare

See the full ranking of 54 places →

More reference data data for Serbia

All data for Serbia →

Frequently asked questions

What is p-value: public sector wage premium, by education level in Serbia?
P-value: public sector wage premium, by education level in Serbia was 0.0841 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 Serbia?
The highest recorded value was 0.6856 compared to formal wage employees in 2017.
What is the lowest p-value: public sector wage premium, by education level recorded in Serbia?
The lowest recorded value was 0.0028 compared to formal wage employees in 2015.
How does Serbia rank for p-value: public sector wage premium, by education level?
Serbia ranks 12th out of 54 countries with data for 2018.
Is p-value: public sector wage premium, by education level rising or falling in Serbia?
Over the last ten years it is up 237.3%. The long-run trend across the full record is volatile.
Where does this Serbia 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.

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P-Value: Public sector wage premium, by education level in Serbia. Statizoid. Retrieved 22 August 2026, from https://reference.statizoid.com/stat/p-value-public-sector-wage-premium-by-education-level-compared-to-formal-wage-employees/serbia/

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About this data

Indicator
P-Value: Public sector wage premium, by education level (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, 659 data points, 2000–2021
Last refreshed