Pay compression ratio in private sector in Greece

Greece: Pay compression ratio in private sector was 4.7% in 2018. ▼ Falling

Latest (2018)
4.7%
Change on year
up 3.3%
World rank
36th
of 60 countries
All-time high
5.8%
in 2007
All-time low
3.9%
in 2011
Years of data
12
2007–2018

Pay compression ratio in private sector in Greece, 2007–2018

02462007201220182007: 5.8 ratio of 90th/10th percentile earners2008: 5.3 ratio of 90th/10th percentile earners2009: 5.2 ratio of 90th/10th percentile earners2010: 4.8 ratio of 90th/10th percentile earners2011: 3.9 ratio of 90th/10th percentile earners2012: 4.5 ratio of 90th/10th percentile earners2013: 5.3 ratio of 90th/10th percentile earners2014: 4.4 ratio of 90th/10th percentile earners2015: 4.8 ratio of 90th/10th percentile earners2016: 5 ratio of 90th/10th percentile earners2017: 4.6 ratio of 90th/10th percentile earners2018: 4.7 ratio of 90th/10th percentile earners

Source: World Bank. Measured in ratio of 90th/10th percentile earners.

Analysis

The most recent figure for pay compression ratio in private sector in Greece is 4.7%, measured in 2018.

That represents a change of up 3.3% on the previous year and down 11.2% over ten years.

Over the whole period, pay compression ratio in private sector in Greece peaked at 5.8% in 2007 and was at its lowest, 3.9%, in 2011.

Greece ranks 36th of 60 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 12 years of available data.

Pay compression ratio in private sector in Greece, year by year

Annual values for Pay compression ratio in private sector (ratio of 90th/10th percentile earners) in Greece, 2007 to 2018.
Year ratio of 90th/10th percentile earners Change
2007 5.8%
2008 5.3% -8.3%
2009 5.2% -2.5%
2010 4.8% -8.1%
2011 3.9% -18.4%
2012 4.5% +14.2%
2013 5.3% +19.0%
2014 4.4% -16.8%
2015 4.8% +8.7%
2016 5.0% +3.5%
2017 4.6% -7.6%
2018 4.7% +3.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.5% 5.2% 5.8% 3
2010s 4.7% 3.9% 5.3% 9

Countries ranked near Greece

  1. 33 Brazil 5.2% compare
  2. 34 Sri Lanka 5.1% compare
  3. 35 Ecuador 4.8% compare
  4. 37 Portugal 4.7% compare
  5. 38 Colombia 4.6% compare
  6. 39 Paraguay 4.5% compare

See the full ranking of 60 places →

More reference data data for Greece

All data for Greece →

Frequently asked questions

What is pay compression ratio in private sector in Greece?
Pay compression ratio in private sector in Greece was 4.7% in 2018, according to the World Bank.
What is the highest pay compression ratio in private sector recorded in Greece?
The highest recorded value was 5.8% in 2007.
What is the lowest pay compression ratio in private sector recorded in Greece?
The lowest recorded value was 3.9% in 2011.
How does Greece rank for pay compression ratio in private sector?
Greece ranks 36th out of 60 countries with data for 2018.
Is pay compression ratio in private sector rising or falling in Greece?
Over the last ten years it is down 11.2%. The long-run trend across the full record is falling.
Where does this Greece 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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Pay compression ratio in private sector in Greece. Statizoid. Retrieved 26 August 2026, from https://reference.statizoid.com/stat/pay-compression-ratio-in-private-sector-ratio-of-90th-10th-percentile-earners/greece/

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About this data

Indicator
Pay compression ratio in private sector (ratio of 90th/10th percentile earners)
Unit
ratio of 90th/10th percentile earners
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
60 places, 741 data points, 2000–2021
Last refreshed