P-Value: Public sector wage premium in Finland

Finland: P-Value: Public sector wage premium was 0.0013 compared to formal wage employees in 2018. ◆ Volatile

Latest (2018)
0.0013 compared to formal wage employees
Change on year
down 99.8%
World rank
17th
of 54 countries
All-time high
0.9751 compared to formal wage employees
in 2012
All-time low
0.0013 compared to formal wage employees
in 2018
Years of data
8
2008–2018

P-Value: Public sector wage premium in Finland, 2008–2018

00.20.40.60.812008201320182008: 0.57 compared to formal wage employees2012: 0.975 compared to formal wage employees2013: 0.191 compared to formal wage employees2014: 0.827 compared to formal wage employees2015: 0.464 compared to formal wage employees2016: 0.53 compared to formal wage employees2017: 0.519 compared to formal wage employees2018: 0.001 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 Finland stood at 0.0013 compared to formal wage employees. That is the lowest value across all 8 years on record.

The figure is down 99.8% on the previous year and down 99.8% over ten years.

Over the whole period, p-value: public sector wage premium in Finland peaked at 0.9751 compared to formal wage employees in 2012 and was at its lowest, 0.0013 compared to formal wage employees, in 2018.

Finland ranks 17th of 54 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.5699 compared to formal wage employees 0.5699 compared to formal wage employees 0.5699 compared to formal wage employees 1
2010s 0.5012 compared to formal wage employees 0.0013 compared to formal wage employees 0.9751 compared to formal wage employees 7

Countries ranked near Finland

  1. 14 Serbia 0.0075 compared to formal wage employees compare
  2. 15 Latvia 0.0055 compared to formal wage employees compare
  3. 16 Hungary 0.0015 compared to formal wage employees compare
  4. 18 Ireland 0.0012 compared to formal wage employees compare
  5. 19 Lithuania 0.0005 compared to formal wage employees compare
  6. 20 Iceland 0.0005 compared to formal wage employees compare

See the full ranking of 54 places →

More reference data data for Finland

All data for Finland →

Frequently asked questions

What is p-value: public sector wage premium in Finland?
P-value: public sector wage premium in Finland was 0.0013 compared to formal wage employees in 2018, according to the World Bank.
What is the highest p-value: public sector wage premium recorded in Finland?
The highest recorded value was 0.9751 compared to formal wage employees in 2012.
What is the lowest p-value: public sector wage premium recorded in Finland?
The lowest recorded value was 0.0013 compared to formal wage employees in 2018.
How does Finland rank for p-value: public sector wage premium?
Finland ranks 17th out of 54 countries with data for 2018.
Is p-value: public sector wage premium rising or falling in Finland?
Over the last ten years it is down 99.8%. The long-run trend across the full record is volatile.
Where does this Finland 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 — 8 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