Public sector wage premium, by occupational group: Professionals in Australia

Australia: Public sector wage premium, by occupational group: Professionals was -0.0286 compared to formal wage employees in 2015. ◆ Volatile

Latest (2015)
-0.0286 compared to formal wage employees
Change on year
down 193.1%
World rank
28th
of 52 countries
All-time high
0.0183 compared to formal wage employees
in 2011
All-time low
-0.1787 compared to formal wage employees
in 2008
Years of data
14
2002–2015

Public sector wage premium, by occupational group: Professionals in Australia, 2002–2015

-0.2-0.15-0.1-0.05-02002200820152002: -0.104 compared to formal wage employees2003: -0.073 compared to formal wage employees2004: -0.062 compared to formal wage employees2005: -0.123 compared to formal wage employees2006: -0.141 compared to formal wage employees2007: -0.125 compared to formal wage employees2008: -0.179 compared to formal wage employees2009: -0.14 compared to formal wage employees2010: -0.166 compared to formal wage employees2011: 0.018 compared to formal wage employees2012: 0.012 compared to formal wage employees2013: 0.005 compared to formal wage employees2014: -0.01 compared to formal wage employees2015: -0.029 compared to formal wage employees

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

Analysis

In 2015, public sector wage premium, by occupational group: professionals in Australia stood at -0.0286 compared to formal wage employees.

Compared with earlier readings it is down 193.1% on the previous year and up 76.8% over ten years.

Over the whole period, public sector wage premium, by occupational group: professionals in Australia peaked at 0.0183 compared to formal wage employees in 2011 and was at its lowest, -0.1787 compared to formal wage employees, in 2008.

Australia ranks 28th of 52 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s -0.1181 compared to formal wage employees -0.1787 compared to formal wage employees -0.0617 compared to formal wage employees 8
2010s -0.0281 compared to formal wage employees -0.1661 compared to formal wage employees 0.0183 compared to formal wage employees 6

Countries ranked near Australia

  1. 25 Malta -0.015 compared to formal wage employees compare
  2. 26 Switzerland -0.0208 compared to formal wage employees compare
  3. 27 Romania -0.025 compared to formal wage employees compare
  4. 29 Chile -0.0396 compared to formal wage employees compare
  5. 30 Mexico -0.0408 compared to formal wage employees compare
  6. 31 Italy -0.0493 compared to formal wage employees compare

See the full ranking of 52 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is public sector wage premium, by occupational group: professionals in Australia?
Public sector wage premium, by occupational group: professionals in Australia was -0.0286 compared to formal wage employees in 2015, according to the World Bank.
What is the highest public sector wage premium, by occupational group: professionals recorded in Australia?
The highest recorded value was 0.0183 compared to formal wage employees in 2011.
What is the lowest public sector wage premium, by occupational group: professionals recorded in Australia?
The lowest recorded value was -0.1787 compared to formal wage employees in 2008.
How does Australia rank for public sector wage premium, by occupational group: professionals?
Australia ranks 28th out of 52 countries with data for 2015.
Is public sector wage premium, by occupational group: professionals rising or falling in Australia?
Over the last ten years it is up 76.8%. 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 occupational group: Professionals (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: Professionals (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, 604 data points, 2000–2021
Last refreshed