Pay compression ratio in private sector in Armenia
Armenia: Pay compression ratio in private sector was 3.5% in 2021. ▼ Falling
Pay compression ratio in private sector in Armenia, 2004–2021
Source: World Bank. Measured in ratio of 90th/10th percentile earners.
Analysis
The most recent figure for pay compression ratio in private sector in Armenia is 3.5%, measured in 2021. That is the lowest value across all 11 years on record.
Compared with earlier readings it is down 7.7% on the previous year and down 22.8% over ten years.
Over the whole period, pay compression ratio in private sector in Armenia peaked at 6.0% in 2016 and was at its lowest, 3.5%, in 2021.
That places Armenia 51st out of 60 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Pay compression ratio in private sector in Armenia, year by year
| Year | ratio of 90th/10th percentile earners | Change |
|---|---|---|
| 2004 | 5.5% | — |
| 2007 | 4.7% | -13.4% |
| 2008 | 4.3% | -9.1% |
| 2009 | 4.0% | -7.3% |
| 2011 | 4.6% | +14.6% |
| 2013 | 4.0% | -12.8% |
| 2014 | 4.9% | +22.2% |
| 2015 | 5.2% | +6.4% |
| 2016 | 6.0% | +15.4% |
| 2020 | 3.8% | -36.1% |
| 2021 | 3.5% | -7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.6% | 4.0% | 5.5% | 4 |
| 2010s | 4.9% | 4.0% | 6.0% | 5 |
| 2020s | 3.7% | 3.5% | 3.8% | 2 |
Countries ranked near Armenia
More reference data data for Armenia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0385 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3778 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.7338 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0232 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.7338 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.129 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1012 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 2.01 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 3.57 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1265 (2050)
Frequently asked questions
- What is pay compression ratio in private sector in Armenia?
- Pay compression ratio in private sector in Armenia was 3.5% in 2021, according to the World Bank.
- What is the highest pay compression ratio in private sector recorded in Armenia?
- The highest recorded value was 6.0% in 2016.
- What is the lowest pay compression ratio in private sector recorded in Armenia?
- The lowest recorded value was 3.5% in 2021.
- How does Armenia rank for pay compression ratio in private sector?
- Armenia ranks 51st out of 60 countries with data for 2021.
- Is pay compression ratio in private sector rising or falling in Armenia?
- Over the last ten years it is down 22.8%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from the World Bank, published as part of Pay compression ratio in private sector (ratio of 90th/10th percentile earners). Statizoid updates them automatically from the source API.
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CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).