P-Value: Public sector wage premium in Australia

Australia: P-Value: Public sector wage premium was 0 compared to formal wage employees in 2015. ◆ Volatile

Latest (2015)
0 compared to formal wage employees
Change on year
up 518,238.0%
World rank
26th
of 54 countries
All-time high
0.0553 compared to formal wage employees
in 2007
All-time low
0 compared to formal wage employees
in 2012
Years of data
14
2002–2015

P-Value: Public sector wage premium in Australia, 2002–2015

00.020.040.062002200820152002: 0.015 compared to formal wage employees2003: 0.005 compared to formal wage employees2004: 0 compared to formal wage employees2005: 0.023 compared to formal wage employees2006: 0.007 compared to formal wage employees2007: 0.055 compared to formal wage employees2008: 0.025 compared to formal wage employees2009: 0.023 compared to formal wage employees2010: 0.002 compared to formal wage employees2011: 0 compared to formal wage employees2012: 0 compared to formal wage employees2013: 0 compared to formal wage employees2014: 0 compared to formal wage employees2015: 0 compared to formal wage employees

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

Analysis

Australia recorded 0 compared to formal wage employees for p-value: public sector wage premium in 2015.

That represents a change of up 518,238.0% on the previous year and down 100.0% over ten years.

Over the whole period, p-value: public sector wage premium in Australia peaked at 0.0553 compared to formal wage employees in 2007 and was at its lowest, 0 compared to formal wage employees, in 2012.

That places Australia 26th out of 54 countries with data for 2015, 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 0.0192 compared to formal wage employees 0.0001 compared to formal wage employees 0.0553 compared to formal wage employees 8
2010s 0.0003 compared to formal wage employees 0 compared to formal wage employees 0.0017 compared to formal wage employees 6

Countries ranked near Australia

  1. 23 Russia 0 compared to formal wage employees compare
  2. 24 Honduras 0 compared to formal wage employees compare
  3. 25 Ethiopia 0 compared to formal wage employees compare
  4. 27 Moldova 0 compared to formal wage employees compare
  5. 28 Dominican Republic 0 compared to formal wage employees compare
  6. 29 Namibia 0 compared to formal wage employees compare

See the full ranking of 54 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is p-value: public sector wage premium in Australia?
P-value: public sector wage premium in Australia was 0 compared to formal wage employees in 2015, according to the World Bank.
What is the highest p-value: public sector wage premium recorded in Australia?
The highest recorded value was 0.0553 compared to formal wage employees in 2007.
What is the lowest p-value: public sector wage premium recorded in Australia?
The lowest recorded value was 0 compared to formal wage employees in 2012.
How does Australia rank for p-value: public sector wage premium?
Australia ranks 26th out of 54 countries with data for 2015.
Is p-value: public sector wage premium rising or falling in Australia?
Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
Where does this Australia 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 — 14 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