P-Value: Public sector wage premium, by occupation in Ecuador
Ecuador: P-Value: Public sector wage premium, by occupation was 0.0613 compared to formal wage employees in 2017. ◆ Volatile
Latest (2017)
0.0613 compared to formal wage employees
Change on year
up 34,648.8%
World rank
22nd
of 53 countries
All-time high
0.151 compared to formal wage employees
in 2006
All-time low
0 compared to formal wage employees
in 2000
Years of data
11
2000–2017
P-Value: Public sector wage premium, by occupation in Ecuador, 2000–2017
Source: World Bank. Measured in compared to formal wage employees.
Analysis
Ecuador recorded 0.0613 compared to formal wage employees for p-value: public sector wage premium, by occupation in 2017.
The figure is up 34,648.8% on the previous year and up 279.4% over ten years.
Over the whole period, p-value: public sector wage premium, by occupation in Ecuador peaked at 0.151 compared to formal wage employees in 2006 and was at its lowest, 0 compared to formal wage employees, in 2000.
Ecuador ranks 22nd of 53 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
P-Value: Public sector wage premium, by occupation in Ecuador, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2000 | 0 compared to formal wage employees | — |
| 2004 | 0.0055 compared to formal wage employees | +605956118642.2% |
| 2005 | 0.0601 compared to formal wage employees | +995.9% |
| 2006 | 0.151 compared to formal wage employees | +151.4% |
| 2007 | 0.0162 compared to formal wage employees | -89.3% |
| 2012 | 0 compared to formal wage employees | -100.0% |
| 2013 | 0 compared to formal wage employees | -99.7% |
| 2014 | 0 compared to formal wage employees | -100.0% |
| 2015 | 0.0019 compared to formal wage employees | +153923494916.4% |
| 2016 | 0.0002 compared to formal wage employees | -90.9% |
| 2017 | 0.0613 compared to formal wage employees | +34648.8% |
Ecuador compared with similar countries
- Ecuador's 0.0613 compared to formal wage employees is above the median for upper middle income countries, which is 0.0015 compared to formal wage employees, 40.9× the median. (15 countries reporting)
- Ecuador's 0.0613 compared to formal wage employees is above the median for Latin America & Caribbean, which is 0.0002 compared to formal wage employees, 322.2× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0466 compared to formal wage employees | 0 compared to formal wage employees | 0.151 compared to formal wage employees | 5 |
| 2010s | 0.0106 compared to formal wage employees | 0 compared to formal wage employees | 0.0613 compared to formal wage employees | 6 |
Countries ranked near Ecuador
- 19 Iceland 0.1236 compared to formal wage employees compare
- 20 Poland 0.1026 compared to formal wage employees compare
- 21 France 0.0785 compared to formal wage employees compare
- 23 South Africa 0.0469 compared to formal wage employees compare
- 24 Portugal 0.0345 compared to formal wage employees compare
- 25 Russia 0.0314 compared to formal wage employees compare
More reference data data for Ecuador
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9379 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.74 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1826 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.74 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.14 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.18 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 13.63 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 23.57 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.9943 (2050)
Frequently asked questions
- What is p-value: public sector wage premium, by occupation in Ecuador?
- P-value: public sector wage premium, by occupation in Ecuador was 0.0613 compared to formal wage employees in 2017, according to the World Bank.
- What is the highest p-value: public sector wage premium, by occupation recorded in Ecuador?
- The highest recorded value was 0.151 compared to formal wage employees in 2006.
- What is the lowest p-value: public sector wage premium, by occupation recorded in Ecuador?
- The lowest recorded value was 0 compared to formal wage employees in 2000.
- How does Ecuador rank for p-value: public sector wage premium, by occupation?
- Ecuador ranks 22nd out of 53 countries with data for 2017.
- Is p-value: public sector wage premium, by occupation rising or falling in Ecuador?
- Over the last ten years it is up 279.4%. The long-run trend across the full record is volatile.
- Where does this Ecuador 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 — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).