Public sector wage premium, by occupational group: Elementary in Serbia

Serbia: Public sector wage premium, by occupational group: Elementary was -0.0673 compared to formal wage employees in 2018. ◆ Volatile

Latest (2018)
-0.0673 compared to formal wage employees
Change on year
up 21.3%
World rank
35th
of 53 countries
All-time high
0.0528 compared to formal wage employees
in 2014
All-time low
-0.0855 compared to formal wage employees
in 2017
Years of data
6
2013–2018

Public sector wage premium, by occupational group: Elementary in Serbia, 2013–2018

-0.1-0.0500.052013201520182013: -0.064 compared to formal wage employees2014: 0.053 compared to formal wage employees2015: -0.022 compared to formal wage employees2016: -0.034 compared to formal wage employees2017: -0.085 compared to formal wage employees2018: -0.067 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 occupational group: elementary in Serbia is -0.0673 compared to formal wage employees, measured in 2018.

Compared with earlier readings it is up 21.3% on the previous year and down 4.9% over ten years.

Serbia ranks 35th of 53 countries on this measure, in the middle of the range.

Public sector wage premium, by occupational group: Elementary in Serbia, year by year

Annual values for Public sector wage premium, by occupational group: Elementary occupation (compared to formal wage employees) in Serbia, 2013 to 2018.
Year compared to formal wage employees Change
2013 -0.0641 compared to formal wage employees —
2014 0.0528 compared to formal wage employees -182.4%
2015 -0.0222 compared to formal wage employees -142.1%
2016 -0.0344 compared to formal wage employees +54.6%
2017 -0.0855 compared to formal wage employees +148.7%
2018 -0.0673 compared to formal wage employees -21.3%

Serbia compared with similar countries

  • Serbia's -0.0673 compared to formal wage employees is below the median for upper middle income countries, which is -0.0315 compared to formal wage employees, 2.1× the median. (15 countries reporting)
  • Serbia's -0.0673 compared to formal wage employees is above the median for Europe & Central Asia, which is -0.0826 compared to formal wage employees, 81% of the median. (28 countries reporting)

Countries ranked near Serbia

  1. 32 Argentina -0.0395 compared to formal wage employees compare
  2. 33 Bulgaria -0.0435 compared to formal wage employees compare
  3. 34 Guatemala -0.0466 compared to formal wage employees compare
  4. 36 Poland -0.0979 compared to formal wage employees compare
  5. 37 Portugal -0.1067 compared to formal wage employees compare
  6. 38 Ireland -0.1147 compared to formal wage employees compare

See the full ranking of 53 places →

More reference data data for Serbia

All data for Serbia →

Frequently asked questions

What is public sector wage premium, by occupational group: elementary in Serbia?
Public sector wage premium, by occupational group: elementary in Serbia was -0.0673 compared to formal wage employees in 2018, according to the World Bank.
What is the highest public sector wage premium, by occupational group: elementary recorded in Serbia?
The highest recorded value was 0.0528 compared to formal wage employees in 2014.
What is the lowest public sector wage premium, by occupational group: elementary recorded in Serbia?
The lowest recorded value was -0.0855 compared to formal wage employees in 2017.
How does Serbia rank for public sector wage premium, by occupational group: elementary?
Serbia ranks 35th out of 53 countries with data for 2018.
Is public sector wage premium, by occupational group: elementary rising or falling in Serbia?
Over the last ten years it is down 4.9%. The long-run trend across the full record is volatile.
Where does this Serbia 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.

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Public sector wage premium, by occupational group: Elementary in Serbia. Statizoid. Retrieved 26 September 2026, from https://reference.statizoid.com/stat/public-sector-wage-premium-by-occupational-group-elementary-occupation-compared-to-formal/serbia/

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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