Public sector wage premium, by industry: Education in Australia
Australia: Public sector wage premium, by industry: Education was 0.0041 compared to formal wage employees in 2015. ◆ Volatile
Latest (2015)
0.0041 compared to formal wage employees
Change on year
down 84.8%
World rank
16th
of 20 countries
All-time high
0.3551 compared to formal wage employees
in 2004
All-time low
0.0041 compared to formal wage employees
in 2015
Years of data
14
2002–2015
Public sector wage premium, by industry: Education in Australia, 2002–2015
Source: World Bank. Measured in compared to formal wage employees.
Analysis
Australia recorded 0.0041 compared to formal wage employees for public sector wage premium, by industry: education in 2015. That is the lowest value across all 14 years on record.
That represents a change of down 84.8% on the previous year and down 98.5% over ten years.
Over the whole period, public sector wage premium, by industry: education in Australia peaked at 0.3551 compared to formal wage employees in 2004 and was at its lowest, 0.0041 compared to formal wage employees, in 2015.
Australia ranks 16th of 20 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 industry: Education in Australia, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2002 | 0.1786 compared to formal wage employees | — |
| 2003 | 0.2979 compared to formal wage employees | +66.8% |
| 2004 | 0.3551 compared to formal wage employees | +19.2% |
| 2005 | 0.2705 compared to formal wage employees | -23.8% |
| 2006 | 0.1188 compared to formal wage employees | -56.1% |
| 2007 | 0.2646 compared to formal wage employees | +122.6% |
| 2008 | 0.1763 compared to formal wage employees | -33.4% |
| 2009 | 0.2152 compared to formal wage employees | +22.0% |
| 2010 | 0.1554 compared to formal wage employees | -27.8% |
| 2011 | 0.1626 compared to formal wage employees | +4.6% |
| 2012 | 0.0586 compared to formal wage employees | -63.9% |
| 2013 | 0.0372 compared to formal wage employees | -36.5% |
| 2014 | 0.0271 compared to formal wage employees | -27.0% |
| 2015 | 0.0041 compared to formal wage employees | -84.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2346 compared to formal wage employees | 0.1188 compared to formal wage employees | 0.3551 compared to formal wage employees | 8 |
| 2010s | 0.0742 compared to formal wage employees | 0.0041 compared to formal wage employees | 0.1626 compared to formal wage employees | 6 |
Countries ranked near Australia
- 13 Honduras 0.096 compared to formal wage employees compare
- 14 Brazil 0.0637 compared to formal wage employees compare
- 15 Russian Federation 0.0222 compared to formal wage employees compare
- 17 Argentina -0.0269 compared to formal wage employees compare
- 18 Chile -0.0659 compared to formal wage employees compare
- 19 Armenia -0.2454 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 industry: education in Australia?
- Public sector wage premium, by industry: education in Australia was 0.0041 compared to formal wage employees in 2015, according to the World Bank.
- What is the highest public sector wage premium, by industry: education recorded in Australia?
- The highest recorded value was 0.3551 compared to formal wage employees in 2004.
- What is the lowest public sector wage premium, by industry: education recorded in Australia?
- The lowest recorded value was 0.0041 compared to formal wage employees in 2015.
- How does Australia rank for public sector wage premium, by industry: education?
- Australia ranks 16th out of 20 countries with data for 2015.
- Is public sector wage premium, by industry: education rising or falling in Australia?
- Over the last ten years it is down 98.5%. 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 industry: Education (compared to formal wage employees). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).