P-Value: Public sector wage premium in Austria

Austria: P-Value: Public sector wage premium was 0.0181 compared to formal wage employees in 2018. ◆ Volatile

Latest (2018)
0.0181 compared to formal wage employees
Change on year
down 59.8%
World rank
9th
of 54 countries
All-time high
0.924 compared to formal wage employees
in 2014
All-time low
0 compared to formal wage employees
in 2008
Years of data
15
2004–2018

P-Value: Public sector wage premium in Austria, 2004–2018

00.20.40.60.812004201120182004: 0.096 compared to formal wage employees2005: 0.003 compared to formal wage employees2006: 0 compared to formal wage employees2007: 0 compared to formal wage employees2008: 0 compared to formal wage employees2009: 0.001 compared to formal wage employees2010: 0 compared to formal wage employees2011: 0.01 compared to formal wage employees2012: 0.013 compared to formal wage employees2013: 0.089 compared to formal wage employees2014: 0.924 compared to formal wage employees2015: 0.031 compared to formal wage employees2016: 0.007 compared to formal wage employees2017: 0.045 compared to formal wage employees2018: 0.018 compared to formal wage employees

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

Analysis

Austria recorded 0.0181 compared to formal wage employees for p-value: public sector wage premium in 2018.

Compared with earlier readings it is down 59.8% on the previous year and up 6,799,730.0% over ten years.

Over the whole period, p-value: public sector wage premium in Austria peaked at 0.924 compared to formal wage employees in 2014 and was at its lowest, 0 compared to formal wage employees, in 2008.

Austria ranks 9th of 54 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0168 compared to formal wage employees 0 compared to formal wage employees 0.0963 compared to formal wage employees 6
2010s 0.1264 compared to formal wage employees 0 compared to formal wage employees 0.924 compared to formal wage employees 9

Countries ranked near Austria

  1. 6 Czechia 0.0317 compared to formal wage employees compare
  2. 7 United Kingdom 0.0242 compared to formal wage employees compare
  3. 8 Slovakia 0.022 compared to formal wage employees compare
  4. 10 Belgium 0.0149 compared to formal wage employees compare
  5. 11 Portugal 0.0139 compared to formal wage employees compare
  6. 12 Bulgaria 0.012 compared to formal wage employees compare

See the full ranking of 54 places →

More reference data data for Austria

All data for Austria →

Frequently asked questions

What is p-value: public sector wage premium in Austria?
P-value: public sector wage premium in Austria was 0.0181 compared to formal wage employees in 2018, according to the World Bank.
What is the highest p-value: public sector wage premium recorded in Austria?
The highest recorded value was 0.924 compared to formal wage employees in 2014.
What is the lowest p-value: public sector wage premium recorded in Austria?
The lowest recorded value was 0 compared to formal wage employees in 2008.
How does Austria rank for p-value: public sector wage premium?
Austria ranks 9th out of 54 countries with data for 2018.
Is p-value: public sector wage premium rising or falling in Austria?
Over the last ten years it is up 6,799,730.0%. The long-run trend across the full record is volatile.
Where does this Austria 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 — 15 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