P-Value: Public sector wage premium, by occupation in Peru
Peru: P-Value: Public sector wage premium, by occupation was 0 compared to formal wage employees in 2021. ◆ Volatile
Latest (2021)
0 compared to formal wage employees
World rank
49th
of 53 countries
All-time high
0.6915 compared to formal wage employees
in 2000
All-time low
0 compared to formal wage employees
in 2021
Years of data
18
2000–2021
P-Value: Public sector wage premium, by occupation in Peru, 2000–2021
Source: World Bank. Measured in compared to formal wage employees.
Analysis
In 2021, p-value: public sector wage premium, by occupation in Peru stood at 0 compared to formal wage employees. That is the lowest value across all 18 years on record.
The figure is down 100.0% over ten years.
Over the whole period, p-value: public sector wage premium, by occupation in Peru peaked at 0.6915 compared to formal wage employees in 2000 and was at its lowest, 0 compared to formal wage employees, in 2021.
Peru ranks 49th of 53 countries on this measure, 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 occupation in Peru, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2000 | 0.6915 compared to formal wage employees | — |
| 2001 | 0.3922 compared to formal wage employees | -43.3% |
| 2002 | 0.116 compared to formal wage employees | -70.4% |
| 2004 | 0.1194 compared to formal wage employees | +3.0% |
| 2005 | 0.0001 compared to formal wage employees | -99.9% |
| 2006 | 0 compared to formal wage employees | -95.4% |
| 2007 | 0 compared to formal wage employees | -100.0% |
| 2008 | 0 compared to formal wage employees | +5371106901.1% |
| 2009 | 0.0008 compared to formal wage employees | +6458.2% |
| 2010 | 0 compared to formal wage employees | -97.6% |
| 2011 | 0 compared to formal wage employees | -100.0% |
| 2012 | 0 compared to formal wage employees | +582.2% |
| 2013 | 0 compared to formal wage employees | -99.7% |
| 2014 | 0 compared to formal wage employees | -97.3% |
| 2015 | 0 compared to formal wage employees | +1660088140.7% |
| 2016 | 0 compared to formal wage employees | -100.0% |
| 2017 | 0.1278 compared to formal wage employees | +448674793523218.9% |
| 2021 | 0 compared to formal wage employees | -100.0% |
Peru compared with similar countries
- Peru's 0 compared to formal wage employees is below the median for upper middle income countries, which is 0.0015 compared to formal wage employees, 0% of the median. (15 countries reporting)
- Peru's 0 compared to formal wage employees is below the median for Latin America & Caribbean, which is 0.0002 compared to formal wage employees, 0% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where P-Value: Public sector wage premium, by occupation in Peru changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +448674793523218.9% | 0 compared to formal wage employees | 0.1278 compared to formal wage employees |
| 2008 | +5371106901.1% | 0 compared to formal wage employees | 0 compared to formal wage employees |
| 2015 | +1660088140.7% | 0 compared to formal wage employees | 0 compared to formal wage employees |
| 2009 | +6458.2% | 0 compared to formal wage employees | 0.0008 compared to formal wage employees |
| 2012 | +582.2% | 0 compared to formal wage employees | 0 compared to formal wage employees |
| 2001 | -43.3% | 0.6915 compared to formal wage employees | 0.3922 compared to formal wage employees |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1467 compared to formal wage employees | 0 compared to formal wage employees | 0.6915 compared to formal wage employees | 9 |
| 2010s | 0.016 compared to formal wage employees | 0 compared to formal wage employees | 0.1278 compared to formal wage employees | 8 |
| 2020s | 0 compared to formal wage employees | 0 compared to formal wage employees | 0 compared to formal wage employees | 1 |
Countries ranked near Peru
- 46 Luxembourg 0 compared to formal wage employees compare
- 47 Cyprus 0 compared to formal wage employees compare
- 48 Mexico 0 compared to formal wage employees compare
- 50 Colombia 0 compared to formal wage employees compare
- 50 Costa Rica 0 compared to formal wage employees compare
- 50 Turkey 0 compared to formal wage employees compare
- 50 Uruguay 0 compared to formal wage employees compare
More reference data data for Peru
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.15 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.39 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 7.94 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3808 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 7.94 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.84 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.94 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 18.98 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 35.25 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.07 (2050)
Frequently asked questions
- What is p-value: public sector wage premium, by occupation in Peru?
- P-value: public sector wage premium, by occupation in Peru was 0 compared to formal wage employees in 2021, according to the World Bank.
- What is the highest p-value: public sector wage premium, by occupation recorded in Peru?
- The highest recorded value was 0.6915 compared to formal wage employees in 2000.
- What is the lowest p-value: public sector wage premium, by occupation recorded in Peru?
- The lowest recorded value was 0 compared to formal wage employees in 2021.
- How does Peru rank for p-value: public sector wage premium, by occupation?
- Peru ranks 49th out of 53 countries with data for 2021.
- Is p-value: public sector wage premium, by occupation rising or falling in Peru?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
- Where does this Peru 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 — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).