Public sector wage premium, by education level: Secondary education in Iceland
Iceland: Public sector wage premium, by education level: Secondary education was 0.0198 compared to formal wage employees in 2013. ◆ Volatile
Latest (2013)
0.0198 compared to formal wage employees
Change on year
down 56.9%
World rank
39th
of 54 countries
All-time high
0.1483 compared to formal wage employees
in 2011
All-time low
-0.0505 compared to formal wage employees
in 2009
Years of data
10
2004–2013
Public sector wage premium, by education level: Secondary education in Iceland, 2004–2013
Source: World Bank. Measured in compared to formal wage employees.
Analysis
The most recent figure for public sector wage premium, by education level: secondary education in Iceland is 0.0198 compared to formal wage employees, measured in 2013.
The figure is down 56.9% on the previous year and down 84.4% over ten years.
Over the whole period, public sector wage premium, by education level: secondary education in Iceland peaked at 0.1483 compared to formal wage employees in 2011 and was at its lowest, -0.0505 compared to formal wage employees, in 2009.
Iceland ranks 39th of 54 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Public sector wage premium, by education level: Secondary education in Iceland, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2004 | 0.1269 compared to formal wage employees | — |
| 2005 | 0.0932 compared to formal wage employees | -26.5% |
| 2006 | 0.0634 compared to formal wage employees | -32.1% |
| 2007 | 0.0676 compared to formal wage employees | +6.7% |
| 2008 | 0.0514 compared to formal wage employees | -24.0% |
| 2009 | -0.0505 compared to formal wage employees | -198.2% |
| 2010 | 0.1394 compared to formal wage employees | -376.2% |
| 2011 | 0.1483 compared to formal wage employees | +6.4% |
| 2012 | 0.0459 compared to formal wage employees | -69.1% |
| 2013 | 0.0198 compared to formal wage employees | -56.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0587 compared to formal wage employees | -0.0505 compared to formal wage employees | 0.1269 compared to formal wage employees | 6 |
| 2010s | 0.0884 compared to formal wage employees | 0.0198 compared to formal wage employees | 0.1483 compared to formal wage employees | 4 |
Countries ranked near Iceland
- 36 Czechia 0.0494 compared to formal wage employees compare
- 37 Finland 0.0487 compared to formal wage employees compare
- 38 Slovak Republic 0.0289 compared to formal wage employees compare
- 40 Latvia 0.0161 compared to formal wage employees compare
- 41 Bolivia, Plurinational State of -0.0229 compared to formal wage employees compare
- 42 Argentina -0.0273 compared to formal wage employees compare
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is public sector wage premium, by education level: secondary education in Iceland?
- Public sector wage premium, by education level: secondary education in Iceland was 0.0198 compared to formal wage employees in 2013, according to the World Bank.
- What is the highest public sector wage premium, by education level: secondary education recorded in Iceland?
- The highest recorded value was 0.1483 compared to formal wage employees in 2011.
- What is the lowest public sector wage premium, by education level: secondary education recorded in Iceland?
- The lowest recorded value was -0.0505 compared to formal wage employees in 2009.
- How does Iceland rank for public sector wage premium, by education level: secondary education?
- Iceland ranks 39th out of 54 countries with data for 2013.
- Is public sector wage premium, by education level: secondary education rising or falling in Iceland?
- Over the last ten years it is down 84.4%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from the World Bank, published as part of Public sector wage premium, by education level: Secondary education (compared to formal wage employees). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).