P-Value: Public sector wage premium in Hungary

Hungary: P-Value: Public sector wage premium was 0.0015 compared to formal wage employees in 2018. ◆ Volatile

Latest (2018)
0.0015 compared to formal wage employees
Change on year
down 72.1%
World rank
16th
of 54 countries
All-time high
0.2122 compared to formal wage employees
in 2010
All-time low
0 compared to formal wage employees
in 2014
Years of data
13
2006–2018

P-Value: Public sector wage premium in Hungary, 2006–2018

00.050.10.150.22006201220182006: 0 compared to formal wage employees2007: 0 compared to formal wage employees2008: 0.001 compared to formal wage employees2009: 0.009 compared to formal wage employees2010: 0.212 compared to formal wage employees2011: 0.08 compared to formal wage employees2012: 0.001 compared to formal wage employees2013: 0 compared to formal wage employees2014: 0 compared to formal wage employees2015: 0.002 compared to formal wage employees2016: 0 compared to formal wage employees2017: 0.005 compared to formal wage employees2018: 0.001 compared to formal wage employees

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

Analysis

The most recent figure for p-value: public sector wage premium in Hungary is 0.0015 compared to formal wage employees, measured in 2018.

That represents a change of down 72.1% on the previous year and up 150.7% over ten years.

Over the whole period, p-value: public sector wage premium in Hungary peaked at 0.2122 compared to formal wage employees in 2010 and was at its lowest, 0 compared to formal wage employees, in 2014.

That places Hungary 16th out of 54 countries with data for 2018, 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 0.0024 compared to formal wage employees 0 compared to formal wage employees 0.0091 compared to formal wage employees 4
2010s 0.0335 compared to formal wage employees 0 compared to formal wage employees 0.2122 compared to formal wage employees 9

Countries ranked near Hungary

  1. 13 Paraguay 0.0078 compared to formal wage employees compare
  2. 14 Serbia 0.0075 compared to formal wage employees compare
  3. 15 Latvia 0.0055 compared to formal wage employees compare
  4. 17 Finland 0.0013 compared to formal wage employees compare
  5. 18 Ireland 0.0012 compared to formal wage employees compare
  6. 19 Lithuania 0.0005 compared to formal wage employees compare

See the full ranking of 54 places →

More reference data data for Hungary

All data for Hungary →

Frequently asked questions

What is p-value: public sector wage premium in Hungary?
P-value: public sector wage premium in Hungary was 0.0015 compared to formal wage employees in 2018, according to the World Bank.
What is the highest p-value: public sector wage premium recorded in Hungary?
The highest recorded value was 0.2122 compared to formal wage employees in 2010.
What is the lowest p-value: public sector wage premium recorded in Hungary?
The lowest recorded value was 0 compared to formal wage employees in 2014.
How does Hungary rank for p-value: public sector wage premium?
Hungary ranks 16th out of 54 countries with data for 2018.
Is p-value: public sector wage premium rising or falling in Hungary?
Over the last ten years it is up 150.7%. The long-run trend across the full record is volatile.
Where does this Hungary 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 — 13 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