Public sector wage premium, by education level: Tertiary education in Australia
Australia: Public sector wage premium, by education level: Tertiary education was 0.1622 compared to formal wage employees in 2015. ◆ Volatile
Public sector wage premium, by education level: Tertiary education in Australia, 2002–2015
Source: World Bank. Measured in compared to formal wage employees.
Analysis
In 2015, public sector wage premium, by education level: tertiary education in Australia stood at 0.1622 compared to formal wage employees.
Compared with earlier readings it is down 49.6% on the previous year and down 24.2% over ten years.
Over the whole period, public sector wage premium, by education level: tertiary education in Australia peaked at 0.3218 compared to formal wage employees in 2014 and was at its lowest, -0.0417 compared to formal wage employees, in 2007.
That places Australia 20th out of 54 countries with data for 2015, 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1122 compared to formal wage employees | -0.0417 compared to formal wage employees | 0.2189 compared to formal wage employees | 8 |
| 2010s | 0.1941 compared to formal wage employees | 0.0777 compared to formal wage employees | 0.3218 compared to formal wage employees | 6 |
Countries ranked near Australia
- 17 Peru 0.1958 compared to formal wage employees compare
- 18 Cyprus 0.1883 compared to formal wage employees compare
- 19 Chile 0.1782 compared to formal wage employees compare
- 21 Estonia 0.1532 compared to formal wage employees compare
- 22 Paraguay 0.1407 compared to formal wage employees compare
- 23 Ireland 0.1388 compared to formal wage employees compare
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.07 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 118.71 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 170.29 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 13.9 (2050)
Frequently asked questions
- What is public sector wage premium, by education level: tertiary education in Australia?
- Public sector wage premium, by education level: tertiary education in Australia was 0.1622 compared to formal wage employees in 2015, according to the World Bank.
- What is the highest public sector wage premium, by education level: tertiary education recorded in Australia?
- The highest recorded value was 0.3218 compared to formal wage employees in 2014.
- What is the lowest public sector wage premium, by education level: tertiary education recorded in Australia?
- The lowest recorded value was -0.0417 compared to formal wage employees in 2007.
- How does Australia rank for public sector wage premium, by education level: tertiary education?
- Australia ranks 20th out of 54 countries with data for 2015.
- Is public sector wage premium, by education level: tertiary education rising or falling in Australia?
- Over the last ten years it is down 24.2%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from the World Bank, published as part of Public sector wage premium, by education level: Tertiary education (compared to formal wage employees). Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).