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

Serbia: Public sector wage premium, by education level: Tertiary education was 0.0645 compared to formal wage employees in 2018. ◆ Volatile

Latest (2018)
0.0645 compared to formal wage employees
Change on year
up 284.6%
World rank
35th
of 54 countries
All-time high
0.1156 compared to formal wage employees
in 2015
All-time low
0.0168 compared to formal wage employees
in 2017
Years of data
6
2013–2018

Public sector wage premium, by education level: Tertiary education in Serbia, 2013–2018

0.020.040.060.080.10.122013201520182013: 0.071 compared to formal wage employees2014: 0.104 compared to formal wage employees2015: 0.116 compared to formal wage employees2016: 0.028 compared to formal wage employees2017: 0.017 compared to formal wage employees2018: 0.064 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 Serbia is 0.0645 compared to formal wage employees, measured in 2018.

The figure is up 284.6% on the previous year and down 9.5% over ten years.

Serbia ranks 35th of 54 countries on this measure, in the middle of the range.

Public sector wage premium, by education level: Tertiary education in Serbia, year by year

Annual values for Public sector wage premium, by education level: Tertiary education (compared to formal wage employees) in Serbia, 2013 to 2018.
Year compared to formal wage employees Change
2013 0.0712 compared to formal wage employees
2014 0.1039 compared to formal wage employees +45.8%
2015 0.1156 compared to formal wage employees +11.2%
2016 0.028 compared to formal wage employees -75.7%
2017 0.0168 compared to formal wage employees -40.2%
2018 0.0645 compared to formal wage employees +284.6%

Countries ranked near Serbia

  1. 32 Uruguay 0.0869 compared to formal wage employees compare
  2. 33 Austria 0.0836 compared to formal wage employees compare
  3. 34 Romania 0.0726 compared to formal wage employees compare
  4. 36 Guatemala 0.0638 compared to formal wage employees compare
  5. 37 Italy 0.0318 compared to formal wage employees compare
  6. 38 Croatia 0.0131 compared to formal wage employees compare

See the full ranking of 54 places →

More reference data data for Serbia

All data for Serbia →

Frequently asked questions

What is public sector wage premium, by education level: tertiary education in Serbia?
Public sector wage premium, by education level: tertiary education in Serbia was 0.0645 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 Serbia?
The highest recorded value was 0.1156 compared to formal wage employees in 2015.
What is the lowest public sector wage premium, by education level: tertiary education recorded in Serbia?
The lowest recorded value was 0.0168 compared to formal wage employees in 2017.
How does Serbia rank for public sector wage premium, by education level: tertiary education?
Serbia ranks 35th out of 54 countries with data for 2018.
Is public sector wage premium, by education level: tertiary education rising or falling in Serbia?
Over the last ten years it is down 9.5%. The long-run trend across the full record is volatile.
Where does this Serbia 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 Serbia. Statizoid. Retrieved 22 August 2026, from https://reference.statizoid.com/stat/public-sector-wage-premium-by-education-level-tertiary-education-compared-to-formal-wage/serbia/

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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