Public sector wage premium, by education level: Tertiary education in United Kingdom
United Kingdom: Public sector wage premium, by education level: Tertiary education was -0.0374 compared to formal wage employees in 2016. ◆ Volatile
Latest (2016)
-0.0374 compared to formal wage employees
Change on year
down 977.3%
World rank
46th
of 54 countries
All-time high
0.0672 compared to formal wage employees
in 2012
All-time low
-0.073 compared to formal wage employees
in 2008
Years of data
12
2005–2016
Public sector wage premium, by education level: Tertiary education in United Kingdom, 2005–2016
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 United Kingdom is -0.0374 compared to formal wage employees, measured in 2016.
The figure is down 977.3% on the previous year and down 248.0% over ten years.
Over the whole period, public sector wage premium, by education level: tertiary education in United Kingdom peaked at 0.0672 compared to formal wage employees in 2012 and was at its lowest, -0.073 compared to formal wage employees, in 2008.
United Kingdom ranks 46th of 54 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Public sector wage premium, by education level: Tertiary education in United Kingdom, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2005 | 0.0231 compared to formal wage employees | — |
| 2006 | 0.0253 compared to formal wage employees | +9.3% |
| 2007 | -0.0396 compared to formal wage employees | -256.4% |
| 2008 | -0.073 compared to formal wage employees | +84.6% |
| 2009 | -0.0525 compared to formal wage employees | -28.0% |
| 2010 | -0.0135 compared to formal wage employees | -74.4% |
| 2011 | -0.0246 compared to formal wage employees | +82.6% |
| 2012 | 0.0672 compared to formal wage employees | -373.5% |
| 2013 | -0.016 compared to formal wage employees | -123.8% |
| 2014 | 0.0133 compared to formal wage employees | -183.0% |
| 2015 | -0.0035 compared to formal wage employees | -126.1% |
| 2016 | -0.0374 compared to formal wage employees | +977.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.0233 compared to formal wage employees | -0.073 compared to formal wage employees | 0.0253 compared to formal wage employees | 5 |
| 2010s | -0.0021 compared to formal wage employees | -0.0374 compared to formal wage employees | 0.0672 compared to formal wage employees | 7 |
Countries ranked near United Kingdom
- 43 Poland -0.0129 compared to formal wage employees compare
- 44 Czechia -0.0161 compared to formal wage employees compare
- 45 Slovak Republic -0.0182 compared to formal wage employees compare
- 47 Finland -0.0521 compared to formal wage employees compare
- 48 Belgium -0.0558 compared to formal wage employees compare
- 49 Iceland -0.0975 compared to formal wage employees compare
More reference data data for United Kingdom
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 3.13 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.97 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 13.26 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.01 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 13.26 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 10.5 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.51 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.81 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 59.34 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 5.48 (2050)
Frequently asked questions
- What is public sector wage premium, by education level: tertiary education in United Kingdom?
- Public sector wage premium, by education level: tertiary education in United Kingdom was -0.0374 compared to formal wage employees in 2016, according to the World Bank.
- What is the highest public sector wage premium, by education level: tertiary education recorded in United Kingdom?
- The highest recorded value was 0.0672 compared to formal wage employees in 2012.
- What is the lowest public sector wage premium, by education level: tertiary education recorded in United Kingdom?
- The lowest recorded value was -0.073 compared to formal wage employees in 2008.
- How does United Kingdom rank for public sector wage premium, by education level: tertiary education?
- United Kingdom ranks 46th out of 54 countries with data for 2016.
- Is public sector wage premium, by education level: tertiary education rising or falling in United Kingdom?
- Over the last ten years it is down 248.0%. The long-run trend across the full record is volatile.
- Where does this United Kingdom 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.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).