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

Austria: Public sector wage premium, by occupational group: Professionals was -0.0629 compared to formal wage employees in 2018. ◆ Volatile

Latest (2018)
-0.0629 compared to formal wage employees
Change on year
down 33.6%
World rank
33rd
of 52 countries
All-time high
0.1978 compared to formal wage employees
in 2010
All-time low
-0.0857 compared to formal wage employees
in 2014
Years of data
15
2004–2018

Public sector wage premium, by occupational group: Professionals in Austria, 2004–2018

-0.100.10.22004201120182004: 0.044 compared to formal wage employees2005: 0.053 compared to formal wage employees2006: 0.029 compared to formal wage employees2007: 0.078 compared to formal wage employees2008: 0.17 compared to formal wage employees2009: 0.048 compared to formal wage employees2010: 0.198 compared to formal wage employees2011: 0.03 compared to formal wage employees2012: 0.029 compared to formal wage employees2013: 0.018 compared to formal wage employees2014: -0.086 compared to formal wage employees2015: 0.078 compared to formal wage employees2016: -0.062 compared to formal wage employees2017: -0.047 compared to formal wage employees2018: -0.063 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: professionals in Austria is -0.0629 compared to formal wage employees, measured in 2018.

That represents a change of down 33.6% on the previous year and down 137.0% over ten years.

Over the whole period, public sector wage premium, by occupational group: professionals in Austria peaked at 0.1978 compared to formal wage employees in 2010 and was at its lowest, -0.0857 compared to formal wage employees, in 2014.

Austria ranks 33rd 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 0.0704 compared to formal wage employees 0.029 compared to formal wage employees 0.1698 compared to formal wage employees 6
2010s 0.0107 compared to formal wage employees -0.0857 compared to formal wage employees 0.1978 compared to formal wage employees 9

Countries ranked near Austria

  1. 30 Mexico -0.0408 compared to formal wage employees compare
  2. 31 Italy -0.0493 compared to formal wage employees compare
  3. 32 Croatia -0.0517 compared to formal wage employees compare
  4. 34 Russia -0.0647 compared to formal wage employees compare
  5. 35 Serbia -0.0681 compared to formal wage employees compare
  6. 36 Uruguay -0.0759 compared to formal wage employees compare

See the full ranking of 52 places →

More reference data data for Austria

All data for Austria →

Frequently asked questions

What is public sector wage premium, by occupational group: professionals in Austria?
Public sector wage premium, by occupational group: professionals in Austria was -0.0629 compared to formal wage employees in 2018, according to the World Bank.
What is the highest public sector wage premium, by occupational group: professionals recorded in Austria?
The highest recorded value was 0.1978 compared to formal wage employees in 2010.
What is the lowest public sector wage premium, by occupational group: professionals recorded in Austria?
The lowest recorded value was -0.0857 compared to formal wage employees in 2014.
How does Austria rank for public sector wage premium, by occupational group: professionals?
Austria ranks 33rd out of 52 countries with data for 2018.
Is public sector wage premium, by occupational group: professionals rising or falling in Austria?
Over the last ten years it is down 137.0%. The long-run trend across the full record is volatile.
Where does this Austria 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.

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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