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
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.
P-Value: Public sector wage premium, by occupation in Greece, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2007 | 0.1571 compared to formal wage employees | — |
| 2008 | 0.625 compared to formal wage employees | +297.9% |
| 2009 | 0.2245 compared to formal wage employees | -64.1% |
| 2010 | 0.9849 compared to formal wage employees | +338.7% |
| 2011 | 0.5812 compared to formal wage employees | -41.0% |
| 2012 | 0.6639 compared to formal wage employees | +14.2% |
| 2013 | 0.3753 compared to formal wage employees | -43.5% |
| 2014 | 0.9888 compared to formal wage employees | +163.5% |
| 2015 | 0.6916 compared to formal wage employees | -30.1% |
| 2016 | 0.4259 compared to formal wage employees | -38.4% |
| 2017 | 0.0592 compared to formal wage employees | -86.1% |
| 2018 | 0.5761 compared to formal wage employees | +873.7% |
Greece compared with similar countries
- Greece's 0.5761 compared to formal wage employees is above the median for high income countries, which is 0.0345 compared to formal wage employees, 16.7× the median. (31 countries reporting)
- Greece's 0.5761 compared to formal wage employees is above the median for Europe & Central Asia, which is 0.0905 compared to formal wage employees, 6.4× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 5 Tanzania 0.7295 compared to formal wage employees compare
- 6 Bulgaria 0.7227 compared to formal wage employees compare
- 7 El Salvador 0.6659 compared to formal wage employees compare
- 9 Guatemala 0.407 compared to formal wage employees compare
- 10 Finland 0.3804 compared to formal wage employees compare
- 11 Belgium 0.373 compared to formal wage employees compare
More reference data data for Greece
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4067 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.38 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2183 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.86 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.36 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.7298 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 4.78 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 11.6 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.19 (2050)
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).