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

Greece: Public sector wage premium, by education level: Tertiary education was 0.1372 compared to formal wage employees in 2018. ◆ Volatile

Latest (2018)
0.1372 compared to formal wage employees
Change on year
down 22.8%
World rank
24th
of 54 countries
All-time high
0.1777 compared to formal wage employees
in 2017
All-time low
-0.0046 compared to formal wage employees
in 2010
Years of data
12
2007–2018

Public sector wage premium, by education level: Tertiary education in Greece, 2007–2018

00.050.10.150.22007201220182007: 0.139 compared to formal wage employees2008: 0.084 compared to formal wage employees2009: 0.071 compared to formal wage employees2010: -0.005 compared to formal wage employees2011: -0.001 compared to formal wage employees2012: 0.094 compared to formal wage employees2013: 0.082 compared to formal wage employees2014: 0.075 compared to formal wage employees2015: 0.076 compared to formal wage employees2016: 0.137 compared to formal wage employees2017: 0.178 compared to formal wage employees2018: 0.137 compared to formal wage employees

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

Analysis

The most recent figure for public sector wage premium, by education level: tertiary education in Greece is 0.1372 compared to formal wage employees, measured in 2018.

That represents a change of down 22.8% on the previous year and up 62.7% over ten years.

Over the whole period, public sector wage premium, by education level: tertiary education in Greece peaked at 0.1777 compared to formal wage employees in 2017 and was at its lowest, -0.0046 compared to formal wage employees, in 2010.

Greece ranks 24th 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0981 compared to formal wage employees 0.0712 compared to formal wage employees 0.1389 compared to formal wage employees 3
2010s 0.0859 compared to formal wage employees -0.0046 compared to formal wage employees 0.1777 compared to formal wage employees 9

Countries ranked near Greece

  1. 21 Estonia 0.1532 compared to formal wage employees compare
  2. 22 Paraguay 0.1407 compared to formal wage employees compare
  3. 23 Ireland 0.1388 compared to formal wage employees compare
  4. 25 Latvia 0.1321 compared to formal wage employees compare
  5. 26 Bulgaria 0.131 compared to formal wage employees compare
  6. 27 Bolivia 0.1202 compared to formal wage employees compare

See the full ranking of 54 places →

More reference data data for Greece

All data for Greece →

Frequently asked questions

What is public sector wage premium, by education level: tertiary education in Greece?
Public sector wage premium, by education level: tertiary education in Greece was 0.1372 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 Greece?
The highest recorded value was 0.1777 compared to formal wage employees in 2017.
What is the lowest public sector wage premium, by education level: tertiary education recorded in Greece?
The lowest recorded value was -0.0046 compared to formal wage employees in 2010.
How does Greece rank for public sector wage premium, by education level: tertiary education?
Greece ranks 24th out of 54 countries with data for 2018.
Is public sector wage premium, by education level: tertiary education rising or falling in Greece?
Over the last ten years it is up 62.7%. The long-run trend across the full record is volatile.
Where does this Greece 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 Greece. Statizoid. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/public-sector-wage-premium-by-education-level-tertiary-education-compared-to-formal-wage/greece/

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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