P-Value: Public sector wage premium, by occupation in Austria

Austria: P-Value: Public sector wage premium, by occupation was 0.2704 compared to formal wage employees in 2018. ◆ Volatile

Latest (2018)
0.2704 compared to formal wage employees
Change on year
down 71.0%
World rank
13th
of 53 countries
All-time high
0.9835 compared to formal wage employees
in 2016
All-time low
0.0029 compared to formal wage employees
in 2006
Years of data
15
2004–2018

P-Value: Public sector wage premium, by occupation in Austria, 2004–2018

00.20.40.60.812004201120182004: 0.571 compared to formal wage employees2005: 0.211 compared to formal wage employees2006: 0.003 compared to formal wage employees2007: 0.039 compared to formal wage employees2008: 0.387 compared to formal wage employees2009: 0.282 compared to formal wage employees2010: 0.144 compared to formal wage employees2011: 0.949 compared to formal wage employees2012: 0.34 compared to formal wage employees2013: 0.94 compared to formal wage employees2014: 0.392 compared to formal wage employees2015: 0.069 compared to formal wage employees2016: 0.983 compared to formal wage employees2017: 0.931 compared to formal wage employees2018: 0.27 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 occupation in Austria is 0.2704 compared to formal wage employees, measured in 2018.

The figure is down 71.0% on the previous year and down 30.1% over ten years.

Over the whole period, p-value: public sector wage premium, by occupation in Austria peaked at 0.9835 compared to formal wage employees in 2016 and was at its lowest, 0.0029 compared to formal wage employees, in 2006.

Austria ranks 13th of 53 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.2491 compared to formal wage employees 0.0029 compared to formal wage employees 0.5715 compared to formal wage employees 6
2010s 0.5578 compared to formal wage employees 0.0695 compared to formal wage employees 0.9835 compared to formal wage employees 9

Countries ranked near Austria

  1. 10 Finland 0.3804 compared to formal wage employees compare
  2. 11 Belgium 0.373 compared to formal wage employees compare
  3. 12 Bolivia 0.3125 compared to formal wage employees compare
  4. 14 Lithuania 0.2252 compared to formal wage employees compare
  5. 15 Ireland 0.2185 compared to formal wage employees compare
  6. 16 Serbia 0.1993 compared to formal wage employees compare

See the full ranking of 53 places →

More reference data data for Austria

All data for Austria →

Frequently asked questions

What is p-value: public sector wage premium, by occupation in Austria?
P-value: public sector wage premium, by occupation in Austria was 0.2704 compared to formal wage employees in 2018, according to the World Bank.
What is the highest p-value: public sector wage premium, by occupation recorded in Austria?
The highest recorded value was 0.9835 compared to formal wage employees in 2016.
What is the lowest p-value: public sector wage premium, by occupation recorded in Austria?
The lowest recorded value was 0.0029 compared to formal wage employees in 2006.
How does Austria rank for p-value: public sector wage premium, by occupation?
Austria ranks 13th out of 53 countries with data for 2018.
Is p-value: public sector wage premium, by occupation rising or falling in Austria?
Over the last ten years it is down 30.1%. The long-run trend across the full record is volatile.
Where does this Austria data come from?
The figures come from the World Bank, published as part of P-Value: Public sector wage premium, by occupation (compared to formal wage employees). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
P-Value: Public sector wage premium, by occupation (compared to formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
53 places, 617 data points, 2000–2021
Last refreshed