P-Value: Public sector wage premium, by industry: Education in Australia
Australia: P-Value: Public sector wage premium, by industry: Education was 0.9506 compared to formal wage employees in 2015. ◆ Volatile
P-Value: Public sector wage premium, by industry: Education in Australia, 2002–2015
Source: World Bank. Measured in compared to formal wage employees.
Analysis
Australia recorded 0.9506 compared to formal wage employees for p-value: public sector wage premium, by industry: education in 2015. That is the highest value across all 14 years on record.
That represents a change of up 38.6% on the previous year and up 8,750.8% over ten years.
Over the whole period, p-value: public sector wage premium, by industry: education in Australia peaked at 0.9506 compared to formal wage employees in 2015 and was at its lowest, 0.0088 compared to formal wage employees, in 2007.
Australia ranks 1st of 20 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
P-Value: Public sector wage premium, by industry: Education in Australia, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2002 | 0.0737 compared to formal wage employees | — |
| 2003 | 0.0144 compared to formal wage employees | -80.5% |
| 2004 | 0.0167 compared to formal wage employees | +16.2% |
| 2005 | 0.0107 compared to formal wage employees | -35.9% |
| 2006 | 0.1337 compared to formal wage employees | +1145.0% |
| 2007 | 0.0088 compared to formal wage employees | -93.4% |
| 2008 | 0.1017 compared to formal wage employees | +1059.8% |
| 2009 | 0.0732 compared to formal wage employees | -28.0% |
| 2010 | 0.2084 compared to formal wage employees | +184.5% |
| 2011 | 0.024 compared to formal wage employees | -88.5% |
| 2012 | 0.3803 compared to formal wage employees | +1486.6% |
| 2013 | 0.6616 compared to formal wage employees | +73.9% |
| 2014 | 0.6857 compared to formal wage employees | +3.6% |
| 2015 | 0.9506 compared to formal wage employees | +38.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0541 compared to formal wage employees | 0.0088 compared to formal wage employees | 0.1337 compared to formal wage employees | 8 |
| 2010s | 0.4851 compared to formal wage employees | 0.024 compared to formal wage employees | 0.9506 compared to formal wage employees | 6 |
Countries ranked near Australia
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.07 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 118.71 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 170.29 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 13.9 (2050)
Frequently asked questions
- What is p-value: public sector wage premium, by industry: education in Australia?
- P-value: public sector wage premium, by industry: education in Australia was 0.9506 compared to formal wage employees in 2015, according to the World Bank.
- What is the highest p-value: public sector wage premium, by industry: education recorded in Australia?
- The highest recorded value was 0.9506 compared to formal wage employees in 2015.
- What is the lowest p-value: public sector wage premium, by industry: education recorded in Australia?
- The lowest recorded value was 0.0088 compared to formal wage employees in 2007.
- How does Australia rank for p-value: public sector wage premium, by industry: education?
- Australia ranks 1st out of 20 countries with data for 2015.
- Is p-value: public sector wage premium, by industry: education rising or falling in Australia?
- Over the last ten years it is up 8,750.8%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from the World Bank, published as part of P-Value: Public sector wage premium, by industry: Education (compared to formal wage employees). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).