Public sector wage premium, by occupational group: Elementary occupati in Cyprus

Cyprus: Public sector wage premium, by occupational group: Elementary occupati was 0.7282 compared to formal wage employees in 2018. ▲ Rising

Latest (2018)
0.7282 compared to formal wage employees
Change on year
up 60.5%
World rank
1st
of 53 countries
All-time high
0.7629 compared to formal wage employees
in 2014
All-time low
0.2117 compared to formal wage employees
in 2005
Years of data
14
2005–2018

Public sector wage premium, by occupational group: Elementary occupati in Cyprus, 2005–2018

0.20.40.60.82005201120182005: 0.212 compared to formal wage employees2006: 0.254 compared to formal wage employees2007: 0.426 compared to formal wage employees2008: 0.397 compared to formal wage employees2009: 0.407 compared to formal wage employees2010: 0.459 compared to formal wage employees2011: 0.483 compared to formal wage employees2012: 0.731 compared to formal wage employees2013: 0.721 compared to formal wage employees2014: 0.763 compared to formal wage employees2015: 0.661 compared to formal wage employees2016: 0.593 compared to formal wage employees2017: 0.454 compared to formal wage employees2018: 0.728 compared to formal wage employees

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

Analysis

Cyprus recorded 0.7282 compared to formal wage employees for public sector wage premium, by occupational group: elementary occupati in 2018.

That represents a change of up 60.5% on the previous year and up 83.3% over ten years.

Over the whole period, public sector wage premium, by occupational group: elementary occupati in Cyprus peaked at 0.7629 compared to formal wage employees in 2014 and was at its lowest, 0.2117 compared to formal wage employees, in 2005.

That places Cyprus 1st out of 53 countries with data for 2018, putting it in the top 10%.

The long-run direction has been consistently rising across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.3392 compared to formal wage employees 0.2117 compared to formal wage employees 0.4263 compared to formal wage employees 5
2010s 0.6215 compared to formal wage employees 0.4536 compared to formal wage employees 0.7629 compared to formal wage employees 9

Countries ranked near Cyprus

  1. 2 Zambia 0.625 compared to formal wage employees compare
  2. 3 Luxembourg 0.6012 compared to formal wage employees compare
  3. 4 Sri Lanka 0.4666 compared to formal wage employees compare

See the full ranking of 53 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is public sector wage premium, by occupational group: elementary occupati in Cyprus?
Public sector wage premium, by occupational group: elementary occupati in Cyprus was 0.7282 compared to formal wage employees in 2018, according to the World Bank.
What is the highest public sector wage premium, by occupational group: elementary occupati recorded in Cyprus?
The highest recorded value was 0.7629 compared to formal wage employees in 2014.
What is the lowest public sector wage premium, by occupational group: elementary occupati recorded in Cyprus?
The lowest recorded value was 0.2117 compared to formal wage employees in 2005.
How does Cyprus rank for public sector wage premium, by occupational group: elementary occupati?
Cyprus ranks 1st out of 53 countries with data for 2018.
Is public sector wage premium, by occupational group: elementary occupati rising or falling in Cyprus?
Over the last ten years it is up 83.3%. The long-run trend across the full record is rising.
Where does this Cyprus data come from?
The figures come from the World Bank, published as part of Public sector wage premium, by occupational group: Elementary occupation (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).

About this data

Indicator
Public sector wage premium, by occupational group: Elementary occupation (compared to formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
53 places, 610 data points, 2000–2021
Last refreshed