P-Value: Public sector wage premium in Argentina

Argentina: P-Value: Public sector wage premium was 0.0925 compared to formal wage employees in 2021. ◆ Volatile

Latest (2021)
0.0925 compared to formal wage employees
Change on year
up 152.6%
World rank
4th
of 54 countries
All-time high
0.6337 compared to formal wage employees
in 2008
All-time low
0 compared to formal wage employees
in 2003
Years of data
20
2000–2021

P-Value: Public sector wage premium in Argentina, 2000–2021

00.20.40.62000201020212000: 0 compared to formal wage employees2001: 0 compared to formal wage employees2002: 0 compared to formal wage employees2003: 0 compared to formal wage employees2004: 0 compared to formal wage employees2005: 0 compared to formal wage employees2006: 0 compared to formal wage employees2007: 0.082 compared to formal wage employees2008: 0.634 compared to formal wage employees2009: 0.575 compared to formal wage employees2010: 0.004 compared to formal wage employees2011: 0.364 compared to formal wage employees2012: 0.301 compared to formal wage employees2013: 0.462 compared to formal wage employees2014: 0.004 compared to formal wage employees2015: 0.161 compared to formal wage employees2016: 0.48 compared to formal wage employees2017: 0.447 compared to formal wage employees2018: 0.037 compared to formal wage employees2021: 0.092 compared to formal wage employees

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

Analysis

In 2021, p-value: public sector wage premium in Argentina stood at 0.0925 compared to formal wage employees.

The figure is up 152.6% on the previous year and down 74.6% over ten years.

Over the whole period, p-value: public sector wage premium in Argentina peaked at 0.6337 compared to formal wage employees in 2008 and was at its lowest, 0 compared to formal wage employees, in 2003.

That places Argentina 4th out of 54 countries with data for 2021, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1291 compared to formal wage employees 0 compared to formal wage employees 0.6337 compared to formal wage employees 10
2010s 0.2512 compared to formal wage employees 0.0038 compared to formal wage employees 0.4803 compared to formal wage employees 9
2020s 0.0925 compared to formal wage employees 0.0925 compared to formal wage employees 0.0925 compared to formal wage employees 1

Countries ranked near Argentina

  1. 1 Switzerland 0.8169 compared to formal wage employees compare
  2. 2 Poland 0.6769 compared to formal wage employees compare
  3. 3 Malta 0.1184 compared to formal wage employees compare
  4. 5 Croatia 0.0576 compared to formal wage employees compare
  5. 6 Czechia 0.0317 compared to formal wage employees compare
  6. 7 United Kingdom 0.0242 compared to formal wage employees compare

See the full ranking of 54 places →

More reference data data for Argentina

All data for Argentina →

Frequently asked questions

What is p-value: public sector wage premium in Argentina?
P-value: public sector wage premium in Argentina was 0.0925 compared to formal wage employees in 2021, according to the World Bank.
What is the highest p-value: public sector wage premium recorded in Argentina?
The highest recorded value was 0.6337 compared to formal wage employees in 2008.
What is the lowest p-value: public sector wage premium recorded in Argentina?
The lowest recorded value was 0 compared to formal wage employees in 2003.
How does Argentina rank for p-value: public sector wage premium?
Argentina ranks 4th out of 54 countries with data for 2021.
Is p-value: public sector wage premium rising or falling in Argentina?
Over the last ten years it is down 74.6%. The long-run trend across the full record is volatile.
Where does this Argentina data come from?
The figures come from the World Bank, published as part of P-Value: Public sector wage premium (compared to formal wage employees). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 20 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 formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
54 places, 658 data points, 2000–2021
Last refreshed