P-Value: Public sector wage premium in Iceland

Iceland: P-Value: Public sector wage premium was 0.0014 compared to all private employees in 2013. ◆ Volatile

Latest (2013)
0.0014 compared to all private employees
Change on year
up 7,893.4%
World rank
17th
of 60 countries
All-time high
0.3617 compared to all private employees
in 2010
All-time low
0 compared to all private employees
in 2009
Years of data
10
2004–2013

P-Value: Public sector wage premium in Iceland, 2004–2013

00.10.20.30.42004200820132004: 0.002 compared to all private employees2005: 0 compared to all private employees2006: 0 compared to all private employees2007: 0 compared to all private employees2008: 0.002 compared to all private employees2009: 0 compared to all private employees2010: 0.362 compared to all private employees2011: 0.271 compared to all private employees2012: 0 compared to all private employees2013: 0.001 compared to all private employees

Source: World Bank. Measured in compared to all private employees.

Analysis

In 2013, p-value: public sector wage premium in Iceland stood at 0.0014 compared to all private employees.

The figure is up 7,893.4% on the previous year and down 24.0% over ten years.

Over the whole period, p-value: public sector wage premium in Iceland peaked at 0.3617 compared to all private employees in 2010 and was at its lowest, 0 compared to all private employees, in 2009.

That places Iceland 17th out of 60 countries with data for 2013, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0007 compared to all private employees 0 compared to all private employees 0.0019 compared to all private employees 6
2010s 0.1586 compared to all private employees 0 compared to all private employees 0.3617 compared to all private employees 4

Countries ranked near Iceland

  1. 14 Latvia 0.0045 compared to all private employees compare
  2. 15 Bulgaria 0.0018 compared to all private employees compare
  3. 16 Hungary 0.0015 compared to all private employees compare
  4. 18 Finland 0.0013 compared to all private employees compare
  5. 19 Ireland 0.0011 compared to all private employees compare
  6. 20 Russia 0.0006 compared to all private employees compare

See the full ranking of 60 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is p-value: public sector wage premium in Iceland?
P-value: public sector wage premium in Iceland was 0.0014 compared to all private employees in 2013, according to the World Bank.
What is the highest p-value: public sector wage premium recorded in Iceland?
The highest recorded value was 0.3617 compared to all private employees in 2010.
What is the lowest p-value: public sector wage premium recorded in Iceland?
The lowest recorded value was 0 compared to all private employees in 2009.
How does Iceland rank for p-value: public sector wage premium?
Iceland ranks 17th out of 60 countries with data for 2013.
Is p-value: public sector wage premium rising or falling in Iceland?
Over the last ten years it is down 24.0%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from the World Bank, published as part of P-Value: Public sector wage premium (compared to all private employees). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
P-Value: Public sector wage premium (compared to all private employees)
Unit
compared to all private employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
60 places, 738 data points, 2000–2021
Last refreshed