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

Honduras: Public sector wage premium, by occupational group: Elementary occupati was 0.3374 compared to formal wage employees in 2019. ◆ Volatile

Latest (2019)
0.3374 compared to formal wage employees
Change on year
up 156.4%
World rank
10th
of 53 countries
All-time high
0.7234 compared to formal wage employees
in 2008
All-time low
-0.114 compared to formal wage employees
in 2015
Years of data
14
2006–2019

Public sector wage premium, by occupational group: Elementary occupati in Honduras, 2006–2019

-0.200.20.40.60.82006201220192006: 0.54 compared to formal wage employees2007: 0.608 compared to formal wage employees2008: 0.723 compared to formal wage employees2009: 0.278 compared to formal wage employees2010: 0.357 compared to formal wage employees2011: 0.189 compared to formal wage employees2012: 0.152 compared to formal wage employees2013: 0.024 compared to formal wage employees2014: -0.063 compared to formal wage employees2015: -0.114 compared to formal wage employees2016: 0.078 compared to formal wage employees2017: -0.004 compared to formal wage employees2018: 0.132 compared to formal wage employees2019: 0.337 compared to formal wage employees

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

Analysis

In 2019, public sector wage premium, by occupational group: elementary occupati in Honduras stood at 0.3374 compared to formal wage employees.

Compared with earlier readings it is up 156.4% on the previous year and up 21.4% over ten years.

Over the whole period, public sector wage premium, by occupational group: elementary occupati in Honduras peaked at 0.7234 compared to formal wage employees in 2008 and was at its lowest, -0.114 compared to formal wage employees, in 2015.

That places Honduras 10th out of 53 countries with data for 2019, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.5375 compared to formal wage employees 0.2779 compared to formal wage employees 0.7234 compared to formal wage employees 4
2010s 0.1088 compared to formal wage employees -0.114 compared to formal wage employees 0.357 compared to formal wage employees 10

Countries ranked near Honduras

  1. 7 Costa Rica 0.3986 compared to formal wage employees compare
  2. 8 Uruguay 0.3716 compared to formal wage employees compare
  3. 9 Ecuador 0.3715 compared to formal wage employees compare
  4. 11 Spain 0.2498 compared to formal wage employees compare
  5. 12 Panama 0.2194 compared to formal wage employees compare
  6. 13 Pakistan 0.2165 compared to formal wage employees compare

See the full ranking of 53 places →

More reference data data for Honduras

All data for Honduras →

Frequently asked questions

What is public sector wage premium, by occupational group: elementary occupati in Honduras?
Public sector wage premium, by occupational group: elementary occupati in Honduras was 0.3374 compared to formal wage employees in 2019, according to the World Bank.
What is the highest public sector wage premium, by occupational group: elementary occupati recorded in Honduras?
The highest recorded value was 0.7234 compared to formal wage employees in 2008.
What is the lowest public sector wage premium, by occupational group: elementary occupati recorded in Honduras?
The lowest recorded value was -0.114 compared to formal wage employees in 2015.
How does Honduras rank for public sector wage premium, by occupational group: elementary occupati?
Honduras ranks 10th out of 53 countries with data for 2019.
Is public sector wage premium, by occupational group: elementary occupati rising or falling in Honduras?
Over the last ten years it is up 21.4%. The long-run trend across the full record is volatile.
Where does this Honduras 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