P-Value: Public sector wage premium, by industry: Health in Australia

Australia: P-Value: Public sector wage premium, by industry: Health was 0 compared to formal wage employees in 2015. ◆ Volatile

Latest (2015)
0 compared to formal wage employees
Change on year
down 100.0%
World rank
17th
of 21 countries
All-time high
0.9026 compared to formal wage employees
in 2011
All-time low
0 compared to formal wage employees
in 2015
Years of data
14
2002–2015

P-Value: Public sector wage premium, by industry: Health in Australia, 2002–2015

00.20.40.60.812002200820152002: 0.048 compared to formal wage employees2003: 0.249 compared to formal wage employees2004: 0.004 compared to formal wage employees2005: 0.036 compared to formal wage employees2006: 0.002 compared to formal wage employees2007: 0.396 compared to formal wage employees2008: 0 compared to formal wage employees2009: 0.381 compared to formal wage employees2010: 0.769 compared to formal wage employees2011: 0.903 compared to formal wage employees2012: 0.28 compared to formal wage employees2013: 0.087 compared to formal wage employees2014: 0.008 compared to formal wage employees2015: 0 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: health in Australia is 0 compared to formal wage employees, measured in 2015. That is the lowest value across all 14 years on record.

That represents a change of down 100.0% on the previous year and down 100.0% over ten years.

Over the whole period, p-value: public sector wage premium, by industry: health in Australia peaked at 0.9026 compared to formal wage employees in 2011 and was at its lowest, 0 compared to formal wage employees, in 2015.

That places Australia 17th out of 21 countries with data for 2015, putting it in the bottom 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: Health in Australia, year by year

Annual values for P-Value: Public sector wage premium, by industry: Health (compared to formal wage employees) in Australia, 2002 to 2015.
Year compared to formal wage employees Change
2002 0.0477 compared to formal wage employees
2003 0.2494 compared to formal wage employees +422.3%
2004 0.0043 compared to formal wage employees -98.3%
2005 0.0356 compared to formal wage employees +735.8%
2006 0.0018 compared to formal wage employees -94.9%
2007 0.3958 compared to formal wage employees +21734.9%
2008 0.0001 compared to formal wage employees -100.0%
2009 0.3809 compared to formal wage employees +622550.1%
2010 0.7695 compared to formal wage employees +102.0%
2011 0.9026 compared to formal wage employees +17.3%
2012 0.2798 compared to formal wage employees -69.0%
2013 0.0867 compared to formal wage employees -69.0%
2014 0.008 compared to formal wage employees -90.8%
2015 0 compared to formal wage employees -100.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1394 compared to formal wage employees 0.0001 compared to formal wage employees 0.3958 compared to formal wage employees 8
2010s 0.3411 compared to formal wage employees 0 compared to formal wage employees 0.9026 compared to formal wage employees 6

Countries ranked near Australia

  1. 14 Peru 0.0012 compared to formal wage employees compare
  2. 15 Pakistan 0.0012 compared to formal wage employees compare
  3. 16 El Salvador 0.0005 compared to formal wage employees compare
  4. 18 Ecuador 0 compared to formal wage employees compare
  5. 19 Costa Rica 0 compared to formal wage employees compare
  6. 20 Armenia 0 compared to formal wage employees compare

See the full ranking of 21 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is p-value: public sector wage premium, by industry: health in Australia?
P-value: public sector wage premium, by industry: health in Australia was 0 compared to formal wage employees in 2015, according to the World Bank.
What is the highest p-value: public sector wage premium, by industry: health recorded in Australia?
The highest recorded value was 0.9026 compared to formal wage employees in 2011.
What is the lowest p-value: public sector wage premium, by industry: health recorded in Australia?
The lowest recorded value was 0 compared to formal wage employees in 2015.
How does Australia rank for p-value: public sector wage premium, by industry: health?
Australia ranks 17th out of 21 countries with data for 2015.
Is p-value: public sector wage premium, by industry: health rising or falling in Australia?
Over the last ten years it is down 100.0%. 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: Health (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: Health in Australia. Statizoid. Retrieved 28 August 2026, from https://reference.statizoid.com/stat/p-value-public-sector-wage-premium-by-industry-health-compared-to-formal-wage-employees/australia/

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About this data

Indicator
P-Value: Public sector wage premium, by industry: Health (compared to formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
21 places, 216 data points, 2000–2021
Last refreshed