Public sector wage premium, by occupational group: Professionals in Cyprus
Cyprus: Public sector wage premium, by occupational group: Professionals was 0.0149 compared to formal wage employees in 2018. ◆ Volatile
Latest (2018)
0.0149 compared to formal wage employees
Change on year
up 49.9%
World rank
23rd
of 52 countries
All-time high
0.2574 compared to formal wage employees
in 2005
All-time low
0.0099 compared to formal wage employees
in 2017
Years of data
14
2005–2018
Public sector wage premium, by occupational group: Professionals in Cyprus, 2005–2018
Source: World Bank. Measured in compared to formal wage employees.
Analysis
Cyprus recorded 0.0149 compared to formal wage employees for public sector wage premium, by occupational group: professionals in 2018.
Compared with earlier readings it is up 49.9% on the previous year and down 89.7% over ten years.
Over the whole period, public sector wage premium, by occupational group: professionals in Cyprus peaked at 0.2574 compared to formal wage employees in 2005 and was at its lowest, 0.0099 compared to formal wage employees, in 2017.
That places Cyprus 23rd out of 52 countries with data for 2018, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Public sector wage premium, by occupational group: Professionals in Cyprus, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2005 | 0.2574 compared to formal wage employees | — |
| 2006 | 0.1157 compared to formal wage employees | -55.0% |
| 2007 | 0.1879 compared to formal wage employees | +62.3% |
| 2008 | 0.144 compared to formal wage employees | -23.4% |
| 2009 | 0.1731 compared to formal wage employees | +20.2% |
| 2010 | 0.1214 compared to formal wage employees | -29.8% |
| 2011 | 0.1029 compared to formal wage employees | -15.2% |
| 2012 | 0.1414 compared to formal wage employees | +37.4% |
| 2013 | 0.1064 compared to formal wage employees | -24.7% |
| 2014 | 0.2136 compared to formal wage employees | +100.7% |
| 2015 | 0.1492 compared to formal wage employees | -30.1% |
| 2016 | 0.0471 compared to formal wage employees | -68.5% |
| 2017 | 0.0099 compared to formal wage employees | -78.9% |
| 2018 | 0.0149 compared to formal wage employees | +49.9% |
Cyprus compared with similar countries
- Cyprus's 0.0149 compared to formal wage employees is above the median for high income countries, which is -0.0647 compared to formal wage employees. (31 countries reporting)
- Cyprus's 0.0149 compared to formal wage employees is above the median for Europe & Central Asia, which is -0.0734 compared to formal wage employees. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1756 compared to formal wage employees | 0.1157 compared to formal wage employees | 0.2574 compared to formal wage employees | 5 |
| 2010s | 0.1008 compared to formal wage employees | 0.0099 compared to formal wage employees | 0.2136 compared to formal wage employees | 9 |
Countries ranked near Cyprus
- 20 Lithuania 0.0302 compared to formal wage employees compare
- 21 Brazil 0.0247 compared to formal wage employees compare
- 22 Estonia 0.0178 compared to formal wage employees compare
- 24 South Africa 0.0133 compared to formal wage employees compare
- 25 Malta -0.015 compared to formal wage employees compare
- 26 Switzerland -0.0208 compared to formal wage employees compare
More reference data data for Cyprus
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.043 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0752 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1565 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0045 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1565 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1441 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1715 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3058 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7841 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0245 (2050)
Frequently asked questions
- What is public sector wage premium, by occupational group: professionals in Cyprus?
- Public sector wage premium, by occupational group: professionals in Cyprus was 0.0149 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 Cyprus?
- The highest recorded value was 0.2574 compared to formal wage employees in 2005.
- What is the lowest public sector wage premium, by occupational group: professionals recorded in Cyprus?
- The lowest recorded value was 0.0099 compared to formal wage employees in 2017.
- How does Cyprus rank for public sector wage premium, by occupational group: professionals?
- Cyprus ranks 23rd out of 52 countries with data for 2018.
- Is public sector wage premium, by occupational group: professionals rising or falling in Cyprus?
- Over the last ten years it is down 89.7%. The long-run trend across the full record is volatile.
- Where does this Cyprus 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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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).