P-Value: Public sector wage premium, by industry: Education in Honduras

Honduras: P-Value: Public sector wage premium, by industry: Education was 0.2417 compared to formal wage employees in 2016. ◆ Volatile

Latest (2016)
0.2417 compared to formal wage employees
Change on year
up 1,746.6%
World rank
4th
of 20 countries
All-time high
0.2417 compared to formal wage employees
in 2016
All-time low
0 compared to formal wage employees
in 2008
Years of data
11
2006–2016

P-Value: Public sector wage premium, by industry: Education in Honduras, 2006–2016

00.050.10.150.20.252006201120162006: 0.007 compared to formal wage employees2007: 0 compared to formal wage employees2008: 0 compared to formal wage employees2009: 0 compared to formal wage employees2010: 0 compared to formal wage employees2011: 0 compared to formal wage employees2012: 0 compared to formal wage employees2013: 0 compared to formal wage employees2014: 0.008 compared to formal wage employees2015: 0.013 compared to formal wage employees2016: 0.242 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 industry: education in Honduras is 0.2417 compared to formal wage employees, measured in 2016. That is the highest value across all 11 years on record.

That represents a change of up 1,746.6% on the previous year and up 3,149.6% over ten years.

Over the whole period, p-value: public sector wage premium, by industry: education in Honduras peaked at 0.2417 compared to formal wage employees in 2016 and was at its lowest, 0 compared to formal wage employees, in 2008.

Honduras ranks 4th of 20 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 industry: Education in Honduras, year by year

Annual values for P-Value: Public sector wage premium, by industry: Education (compared to formal wage employees) in Honduras, 2006 to 2016.
Year compared to formal wage employees Change
2006 0.0074 compared to formal wage employees
2007 0 compared to formal wage employees -100.0%
2008 0 compared to formal wage employees -99.9%
2009 0 compared to formal wage employees +9815547.1%
2010 0 compared to formal wage employees +30.5%
2011 0 compared to formal wage employees +7579.3%
2012 0 compared to formal wage employees -86.7%
2013 0.0001 compared to formal wage employees +1937.4%
2014 0.0079 compared to formal wage employees +13353.4%
2015 0.0131 compared to formal wage employees +65.2%
2016 0.2417 compared to formal wage employees +1746.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0019 compared to formal wage employees 0 compared to formal wage employees 0.0074 compared to formal wage employees 4
2010s 0.0375 compared to formal wage employees 0 compared to formal wage employees 0.2417 compared to formal wage employees 7

Countries ranked near Honduras

  1. 1 Australia 0.9506 compared to formal wage employees compare
  2. 2 Russian Federation 0.7978 compared to formal wage employees compare
  3. 3 Argentina 0.2585 compared to formal wage employees compare
  4. 5 Paraguay 0.0151 compared to formal wage employees compare
  5. 6 Republic of Moldova 0.0069 compared to formal wage employees compare
  6. 7 Chile 0.0001 compared to formal wage employees compare

See the full ranking of 20 places →

More reference data data for Honduras

All data for Honduras →

Frequently asked questions

What is p-value: public sector wage premium, by industry: education in Honduras?
P-value: public sector wage premium, by industry: education in Honduras was 0.2417 compared to formal wage employees in 2016, according to the World Bank.
What is the highest p-value: public sector wage premium, by industry: education recorded in Honduras?
The highest recorded value was 0.2417 compared to formal wage employees in 2016.
What is the lowest p-value: public sector wage premium, by industry: education recorded in Honduras?
The lowest recorded value was 0 compared to formal wage employees in 2008.
How does Honduras rank for p-value: public sector wage premium, by industry: education?
Honduras ranks 4th out of 20 countries with data for 2016.
Is p-value: public sector wage premium, by industry: education rising or falling in Honduras?
Over the last ten years it is up 3,149.6%. The long-run trend across the full record is volatile.
Where does this Honduras 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.

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P-Value: Public sector wage premium, by industry: Education in Honduras. Statizoid. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/p-value-public-sector-wage-premium-by-industry-education-compared-to-formal-wage-employees/honduras/

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About this data

Indicator
P-Value: Public sector wage premium, by industry: 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
20 places, 210 data points, 2000–2021
Last refreshed