P-Value: Public sector wage premium in Czechia

Czechia: P-Value: Public sector wage premium was 0.0317 compared to formal wage employees in 2018. ◆ Volatile

Latest (2018)
0.0317 compared to formal wage employees
Change on year
down 87.6%
World rank
6th
of 54 countries
All-time high
0.9317 compared to formal wage employees
in 2012
All-time low
0.0001 compared to formal wage employees
in 2007
Years of data
14
2005–2018

P-Value: Public sector wage premium in Czechia, 2005–2018

00.20.40.60.812005201120182005: 0.015 compared to formal wage employees2006: 0.014 compared to formal wage employees2007: 0 compared to formal wage employees2008: 0.051 compared to formal wage employees2009: 0.434 compared to formal wage employees2010: 0.003 compared to formal wage employees2011: 0.003 compared to formal wage employees2012: 0.932 compared to formal wage employees2013: 0.086 compared to formal wage employees2014: 0.453 compared to formal wage employees2015: 0.74 compared to formal wage employees2016: 0.523 compared to formal wage employees2017: 0.256 compared to formal wage employees2018: 0.032 compared to formal wage employees

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

Analysis

In 2018, p-value: public sector wage premium in Czechia stood at 0.0317 compared to formal wage employees.

The figure is down 87.6% on the previous year and down 37.4% over ten years.

Over the whole period, p-value: public sector wage premium in Czechia peaked at 0.9317 compared to formal wage employees in 2012 and was at its lowest, 0.0001 compared to formal wage employees, in 2007.

Czechia ranks 6th of 54 countries on this measure, 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 0.1026 compared to formal wage employees 0.0001 compared to formal wage employees 0.4336 compared to formal wage employees 5
2010s 0.3363 compared to formal wage employees 0.0026 compared to formal wage employees 0.9317 compared to formal wage employees 9

Countries ranked near Czechia

  1. 3 Malta 0.1184 compared to formal wage employees compare
  2. 4 Argentina 0.0925 compared to formal wage employees compare
  3. 5 Croatia 0.0576 compared to formal wage employees compare
  4. 7 United Kingdom 0.0242 compared to formal wage employees compare
  5. 8 Slovakia 0.022 compared to formal wage employees compare
  6. 9 Austria 0.0181 compared to formal wage employees compare

See the full ranking of 54 places →

More reference data data for Czechia

All data for Czechia →

Frequently asked questions

What is p-value: public sector wage premium in Czechia?
P-value: public sector wage premium in Czechia was 0.0317 compared to formal wage employees in 2018, according to the World Bank.
What is the highest p-value: public sector wage premium recorded in Czechia?
The highest recorded value was 0.9317 compared to formal wage employees in 2012.
What is the lowest p-value: public sector wage premium recorded in Czechia?
The lowest recorded value was 0.0001 compared to formal wage employees in 2007.
How does Czechia rank for p-value: public sector wage premium?
Czechia ranks 6th out of 54 countries with data for 2018.
Is p-value: public sector wage premium rising or falling in Czechia?
Over the last ten years it is down 37.4%. The long-run trend across the full record is volatile.
Where does this Czechia 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