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

Greece: P-Value: Public sector wage premium, by occupation was 0.5761 compared to formal wage employees in 2018. ◆ Volatile

Latest (2018)
0.5761 compared to formal wage employees
Change on year
up 873.7%
World rank
8th
of 53 countries
All-time high
0.9888 compared to formal wage employees
in 2014
All-time low
0.0592 compared to formal wage employees
in 2017
Years of data
12
2007–2018

P-Value: Public sector wage premium, by occupation in Greece, 2007–2018

00.20.40.60.812007201220182007: 0.157 compared to formal wage employees2008: 0.625 compared to formal wage employees2009: 0.224 compared to formal wage employees2010: 0.985 compared to formal wage employees2011: 0.581 compared to formal wage employees2012: 0.664 compared to formal wage employees2013: 0.375 compared to formal wage employees2014: 0.989 compared to formal wage employees2015: 0.692 compared to formal wage employees2016: 0.426 compared to formal wage employees2017: 0.059 compared to formal wage employees2018: 0.576 compared to formal wage employees

Source: World Bank. Measured in compared to formal wage employees.

Analysis

In 2018, p-value: public sector wage premium, by occupation in Greece stood at 0.5761 compared to formal wage employees.

The figure is up 873.7% on the previous year and down 7.8% over ten years.

Over the whole period, p-value: public sector wage premium, by occupation in Greece peaked at 0.9888 compared to formal wage employees in 2014 and was at its lowest, 0.0592 compared to formal wage employees, in 2017.

That places Greece 8th out of 53 countries with data for 2018, putting it 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 0.3355 compared to formal wage employees 0.1571 compared to formal wage employees 0.625 compared to formal wage employees 3
2010s 0.5941 compared to formal wage employees 0.0592 compared to formal wage employees 0.9888 compared to formal wage employees 9

Countries ranked near Greece

  1. 5 Tanzania 0.7295 compared to formal wage employees compare
  2. 6 Bulgaria 0.7227 compared to formal wage employees compare
  3. 7 El Salvador 0.6659 compared to formal wage employees compare
  4. 9 Guatemala 0.407 compared to formal wage employees compare
  5. 10 Finland 0.3804 compared to formal wage employees compare
  6. 11 Belgium 0.373 compared to formal wage employees compare

See the full ranking of 53 places →

More reference data data for Greece

All data for Greece →

Frequently asked questions

What is p-value: public sector wage premium, by occupation in Greece?
P-value: public sector wage premium, by occupation in Greece was 0.5761 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 Greece?
The highest recorded value was 0.9888 compared to formal wage employees in 2014.
What is the lowest p-value: public sector wage premium, by occupation recorded in Greece?
The lowest recorded value was 0.0592 compared to formal wage employees in 2017.
How does Greece rank for p-value: public sector wage premium, by occupation?
Greece ranks 8th out of 53 countries with data for 2018.
Is p-value: public sector wage premium, by occupation rising or falling in Greece?
Over the last ten years it is down 7.8%. The long-run trend across the full record is volatile.
Where does this Greece 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 — 12 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