Public sector wage premium, by education level: Tertiary education in Cyprus

Cyprus: Public sector wage premium, by education level: Tertiary education was 0.1883 compared to formal wage employees in 2018. ▼ Falling

Latest (2018)
0.1883 compared to formal wage employees
Change on year
down 24.2%
World rank
18th
of 54 countries
All-time high
0.4964 compared to formal wage employees
in 2014
All-time low
0.1883 compared to formal wage employees
in 2018
Years of data
14
2005–2018

Public sector wage premium, by education level: Tertiary education in Cyprus, 2005–2018

00.10.20.30.40.52005201120182005: 0.4 compared to formal wage employees2006: 0.375 compared to formal wage employees2007: 0.365 compared to formal wage employees2008: 0.353 compared to formal wage employees2009: 0.396 compared to formal wage employees2010: 0.424 compared to formal wage employees2011: 0.436 compared to formal wage employees2012: 0.452 compared to formal wage employees2013: 0.442 compared to formal wage employees2014: 0.496 compared to formal wage employees2015: 0.475 compared to formal wage employees2016: 0.225 compared to formal wage employees2017: 0.248 compared to formal wage employees2018: 0.188 compared to formal wage employees

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

Analysis

In 2018, public sector wage premium, by education level: tertiary education in Cyprus stood at 0.1883 compared to formal wage employees. That is the lowest value across all 14 years on record.

That represents a change of down 24.2% on the previous year and down 46.7% over ten years.

Over the whole period, public sector wage premium, by education level: tertiary education in Cyprus peaked at 0.4964 compared to formal wage employees in 2014 and was at its lowest, 0.1883 compared to formal wage employees, in 2018.

Cyprus ranks 18th of 54 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.3775 compared to formal wage employees 0.353 compared to formal wage employees 0.3996 compared to formal wage employees 5
2010s 0.3762 compared to formal wage employees 0.1883 compared to formal wage employees 0.4964 compared to formal wage employees 9

Countries ranked near Cyprus

  1. 15 Ethiopia 0.1993 compared to formal wage employees compare
  2. 16 Lithuania 0.1969 compared to formal wage employees compare
  3. 17 Peru 0.1958 compared to formal wage employees compare
  4. 19 Chile 0.1782 compared to formal wage employees compare
  5. 20 Australia 0.1622 compared to formal wage employees compare
  6. 21 Estonia 0.1532 compared to formal wage employees compare

See the full ranking of 54 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is public sector wage premium, by education level: tertiary education in Cyprus?
Public sector wage premium, by education level: tertiary education in Cyprus was 0.1883 compared to formal wage employees in 2018, according to the World Bank.
What is the highest public sector wage premium, by education level: tertiary education recorded in Cyprus?
The highest recorded value was 0.4964 compared to formal wage employees in 2014.
What is the lowest public sector wage premium, by education level: tertiary education recorded in Cyprus?
The lowest recorded value was 0.1883 compared to formal wage employees in 2018.
How does Cyprus rank for public sector wage premium, by education level: tertiary education?
Cyprus ranks 18th out of 54 countries with data for 2018.
Is public sector wage premium, by education level: tertiary education rising or falling in Cyprus?
Over the last ten years it is down 46.7%. The long-run trend across the full record is falling.
Where does this Cyprus 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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Public sector wage premium, by education level: Tertiary education in Cyprus. Statizoid. Retrieved 17 August 2026, from https://reference.statizoid.com/stat/public-sector-wage-premium-by-education-level-tertiary-education-compared-to-formal-wage/cyprus/

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About this data

Indicator
Public sector wage premium, by education level: Tertiary education (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, 657 data points, 2000–2021
Last refreshed