P-Value: Public sector wage premium, by education level in United Kingdom
United Kingdom: P-Value: Public sector wage premium, by education level was 0.2032 compared to formal wage employees in 2016. ◆ Volatile
Latest (2016)
0.2032 compared to formal wage employees
Change on year
down 77.4%
World rank
10th
of 54 countries
All-time high
0.8982 compared to formal wage employees
in 2015
All-time low
0.0062 compared to formal wage employees
in 2008
Years of data
12
2005–2016
P-Value: Public sector wage premium, by education level in United Kingdom, 2005–2016
Source: World Bank. Measured in compared to formal wage employees.
Analysis
United Kingdom recorded 0.2032 compared to formal wage employees for p-value: public sector wage premium, by education level in 2016.
Compared with earlier readings it is down 77.4% on the previous year and down 42.3% over ten years.
Over the whole period, p-value: public sector wage premium, by education level in United Kingdom peaked at 0.8982 compared to formal wage employees in 2015 and was at its lowest, 0.0062 compared to formal wage employees, in 2008.
That places United Kingdom 10th out of 54 countries with data for 2016, putting it 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 United Kingdom, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2005 | 0.43 compared to formal wage employees | — |
| 2006 | 0.3519 compared to formal wage employees | -18.2% |
| 2007 | 0.2243 compared to formal wage employees | -36.3% |
| 2008 | 0.0062 compared to formal wage employees | -97.2% |
| 2009 | 0.0519 compared to formal wage employees | +737.6% |
| 2010 | 0.6842 compared to formal wage employees | +1218.6% |
| 2011 | 0.4239 compared to formal wage employees | -38.1% |
| 2012 | 0.0157 compared to formal wage employees | -96.3% |
| 2013 | 0.5492 compared to formal wage employees | +3400.3% |
| 2014 | 0.5937 compared to formal wage employees | +8.1% |
| 2015 | 0.8982 compared to formal wage employees | +51.3% |
| 2016 | 0.2032 compared to formal wage employees | -77.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2129 compared to formal wage employees | 0.0062 compared to formal wage employees | 0.43 compared to formal wage employees | 5 |
| 2010s | 0.4812 compared to formal wage employees | 0.0157 compared to formal wage employees | 0.8982 compared to formal wage employees | 7 |
Countries ranked near United Kingdom
- 7 Slovak Republic 0.4986 compared to formal wage employees compare
- 8 Argentina 0.4086 compared to formal wage employees compare
- 9 Italy 0.3165 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
- 13 Austria 0.0592 compared to formal wage employees compare
More reference data data for United Kingdom
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 3.13 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.97 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 13.26 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.01 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 13.26 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 10.5 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.51 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.81 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 59.34 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 5.48 (2050)
Frequently asked questions
- What is p-value: public sector wage premium, by education level in United Kingdom?
- P-value: public sector wage premium, by education level in United Kingdom was 0.2032 compared to formal wage employees in 2016, according to the World Bank.
- What is the highest p-value: public sector wage premium, by education level recorded in United Kingdom?
- The highest recorded value was 0.8982 compared to formal wage employees in 2015.
- What is the lowest p-value: public sector wage premium, by education level recorded in United Kingdom?
- The lowest recorded value was 0.0062 compared to formal wage employees in 2008.
- How does United Kingdom rank for p-value: public sector wage premium, by education level?
- United Kingdom ranks 10th out of 54 countries with data for 2016.
- Is p-value: public sector wage premium, by education level rising or falling in United Kingdom?
- Over the last ten years it is down 42.3%. The long-run trend across the full record is volatile.
- Where does this United Kingdom 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 — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).