Public sector wage premium, by industry: Health in Australia

Australia: Public sector wage premium, by industry: Health was -0.3943 compared to formal wage employees in 2015. ◆ Volatile

Latest (2015)
-0.3943 compared to formal wage employees
Change on year
down 28.2%
World rank
21st
of 21 countries
All-time high
0.2948 compared to formal wage employees
in 2008
All-time low
-0.3943 compared to formal wage employees
in 2015
Years of data
14
2002–2015

Public sector wage premium, by industry: Health in Australia, 2002–2015

-0.4-0.200.22002200820152002: 0.106 compared to formal wage employees2003: 0.067 compared to formal wage employees2004: 0.237 compared to formal wage employees2005: 0.141 compared to formal wage employees2006: 0.218 compared to formal wage employees2007: 0.066 compared to formal wage employees2008: 0.295 compared to formal wage employees2009: -0.182 compared to formal wage employees2010: 0.074 compared to formal wage employees2011: -0.031 compared to formal wage employees2012: -0.158 compared to formal wage employees2013: -0.244 compared to formal wage employees2014: -0.307 compared to formal wage employees2015: -0.394 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 industry: health in Australia is -0.3943 compared to formal wage employees, measured in 2015. That is the lowest value across all 14 years on record.

Compared with earlier readings it is down 28.2% on the previous year and down 379.1% over ten years.

Over the whole period, public sector wage premium, by industry: health in Australia peaked at 0.2948 compared to formal wage employees in 2008 and was at its lowest, -0.3943 compared to formal wage employees, in 2015.

Australia ranks 21st of 21 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: Health in Australia, year by year

Annual values for Public sector wage premium, by industry: Health (compared to formal wage employees) in Australia, 2002 to 2015.
Year compared to formal wage employees Change
2002 0.1059 compared to formal wage employees
2003 0.0674 compared to formal wage employees -36.4%
2004 0.2369 compared to formal wage employees +251.5%
2005 0.1413 compared to formal wage employees -40.4%
2006 0.2183 compared to formal wage employees +54.5%
2007 0.0657 compared to formal wage employees -69.9%
2008 0.2948 compared to formal wage employees +348.8%
2009 -0.1821 compared to formal wage employees -161.8%
2010 0.0744 compared to formal wage employees -140.9%
2011 -0.0307 compared to formal wage employees -141.2%
2012 -0.1584 compared to formal wage employees +416.7%
2013 -0.2442 compared to formal wage employees +54.1%
2014 -0.3075 compared to formal wage employees +25.9%
2015 -0.3943 compared to formal wage employees +28.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1185 compared to formal wage employees -0.1821 compared to formal wage employees 0.2948 compared to formal wage employees 8
2010s -0.1768 compared to formal wage employees -0.3943 compared to formal wage employees 0.0744 compared to formal wage employees 6

Countries ranked near Australia

  1. 18 Russia -0.1854 compared to formal wage employees compare
  2. 19 Armenia -0.2528 compared to formal wage employees compare
  3. 20 Moldova -0.3027 compared to formal wage employees compare

See the full ranking of 21 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is public sector wage premium, by industry: health in Australia?
Public sector wage premium, by industry: health in Australia was -0.3943 compared to formal wage employees in 2015, according to the World Bank.
What is the highest public sector wage premium, by industry: health recorded in Australia?
The highest recorded value was 0.2948 compared to formal wage employees in 2008.
What is the lowest public sector wage premium, by industry: health recorded in Australia?
The lowest recorded value was -0.3943 compared to formal wage employees in 2015.
How does Australia rank for public sector wage premium, by industry: health?
Australia ranks 21st out of 21 countries with data for 2015.
Is public sector wage premium, by industry: health rising or falling in Australia?
Over the last ten years it is down 379.1%. 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: Health (compared to formal wage employees). Statizoid updates them automatically from the source API.

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Public sector wage premium, by industry: Health in Australia. Statizoid. Retrieved 28 August 2026, from https://reference.statizoid.com/stat/public-sector-wage-premium-by-industry-health-compared-to-formal-wage-employees/australia/

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About this data

Indicator
Public sector wage premium, by industry: Health (compared to formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
21 places, 216 data points, 2000–2021
Last refreshed