Public sector wage premium, by occupational group: Managers in Iceland

Iceland: Public sector wage premium, by occupational group: Managers was -0.1174 compared to formal wage employees in 2013. ◆ Volatile

Latest (2013)
-0.1174 compared to formal wage employees
Change on year
down 55.1%
World rank
41st
of 52 countries
All-time high
0.031 compared to formal wage employees
in 2007
All-time low
-0.197 compared to formal wage employees
in 2006
Years of data
10
2004–2013

Public sector wage premium, by occupational group: Managers in Iceland, 2004–2013

-0.2-0.15-0.1-0.05-00.052004200820132004: -0.129 compared to formal wage employees2005: 0.007 compared to formal wage employees2006: -0.197 compared to formal wage employees2007: 0.031 compared to formal wage employees2008: -0.028 compared to formal wage employees2009: -0.062 compared to formal wage employees2010: -0.029 compared to formal wage employees2011: -0.005 compared to formal wage employees2012: -0.076 compared to formal wage employees2013: -0.117 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: managers in Iceland is -0.1174 compared to formal wage employees, measured in 2013.

The figure is down 55.1% on the previous year and up 9.2% over ten years.

Over the whole period, public sector wage premium, by occupational group: managers in Iceland peaked at 0.031 compared to formal wage employees in 2007 and was at its lowest, -0.197 compared to formal wage employees, in 2006.

That places Iceland 41st out of 52 countries with data for 2013, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s -0.0631 compared to formal wage employees -0.197 compared to formal wage employees 0.031 compared to formal wage employees 6
2010s -0.0568 compared to formal wage employees -0.1174 compared to formal wage employees -0.0049 compared to formal wage employees 4

Countries ranked near Iceland

  1. 38 Spain -0.0473 compared to formal wage employees compare
  2. 39 Croatia -0.0681 compared to formal wage employees
  3. 40 Turkey -0.0912 compared to formal wage employees compare
  4. 42 Argentina -0.1252 compared to formal wage employees compare
  5. 43 Switzerland -0.127 compared to formal wage employees compare
  6. 44 Greece -0.1369 compared to formal wage employees compare

See the full ranking of 52 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is public sector wage premium, by occupational group: managers in Iceland?
Public sector wage premium, by occupational group: managers in Iceland was -0.1174 compared to formal wage employees in 2013, according to the World Bank.
What is the highest public sector wage premium, by occupational group: managers recorded in Iceland?
The highest recorded value was 0.031 compared to formal wage employees in 2007.
What is the lowest public sector wage premium, by occupational group: managers recorded in Iceland?
The lowest recorded value was -0.197 compared to formal wage employees in 2006.
How does Iceland rank for public sector wage premium, by occupational group: managers?
Iceland ranks 41st out of 52 countries with data for 2013.
Is public sector wage premium, by occupational group: managers rising or falling in Iceland?
Over the last ten years it is up 9.2%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from the World Bank, published as part of Public sector wage premium, by occupational group: Managers (compared to formal wage employees). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Public sector wage premium, by occupational group: Managers (compared to formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
52 places, 600 data points, 2000–2021
Last refreshed