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

Ecuador: Public sector wage premium, by occupational group: Professionals was 0.1968 compared to formal wage employees in 2017. ◆ Volatile

Latest (2017)
0.1968 compared to formal wage employees
Change on year
up 59.5%
World rank
7th
of 52 countries
All-time high
0.1968 compared to formal wage employees
in 2017
All-time low
-0.1756 compared to formal wage employees
in 2000
Years of data
11
2000–2017

Public sector wage premium, by occupational group: Professionals in Ecuador, 2000–2017

-0.2-0.100.10.22000200820172000: -0.176 compared to formal wage employees2004: -0.029 compared to formal wage employees2005: -0.094 compared to formal wage employees2006: -0.079 compared to formal wage employees2007: 0.056 compared to formal wage employees2012: 0.145 compared to formal wage employees2013: 0.091 compared to formal wage employees2014: 0.142 compared to formal wage employees2015: 0.08 compared to formal wage employees2016: 0.123 compared to formal wage employees2017: 0.197 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 Ecuador is 0.1968 compared to formal wage employees, measured in 2017. That is the highest value across all 11 years on record.

The figure is up 59.5% on the previous year and up 253.5% over ten years.

Over the whole period, public sector wage premium, by occupational group: professionals in Ecuador peaked at 0.1968 compared to formal wage employees in 2017 and was at its lowest, -0.1756 compared to formal wage employees, in 2000.

That places Ecuador 7th out of 52 countries with data for 2017, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s -0.0644 compared to formal wage employees -0.1756 compared to formal wage employees 0.0557 compared to formal wage employees 5
2010s 0.1298 compared to formal wage employees 0.0803 compared to formal wage employees 0.1968 compared to formal wage employees 6

Countries ranked near Ecuador

  1. 4 Pakistan 0.3741 compared to formal wage employees compare
  2. 5 El Salvador 0.3438 compared to formal wage employees compare
  3. 6 Dominican Republic 0.2722 compared to formal wage employees compare
  4. 8 Ethiopia 0.1899 compared to formal wage employees compare
  5. 9 Honduras 0.1326 compared to formal wage employees compare
  6. 10 Luxembourg 0.1317 compared to formal wage employees compare

See the full ranking of 52 places →

More reference data data for Ecuador

All data for Ecuador →

Frequently asked questions

What is public sector wage premium, by occupational group: professionals in Ecuador?
Public sector wage premium, by occupational group: professionals in Ecuador was 0.1968 compared to formal wage employees in 2017, according to the World Bank.
What is the highest public sector wage premium, by occupational group: professionals recorded in Ecuador?
The highest recorded value was 0.1968 compared to formal wage employees in 2017.
What is the lowest public sector wage premium, by occupational group: professionals recorded in Ecuador?
The lowest recorded value was -0.1756 compared to formal wage employees in 2000.
How does Ecuador rank for public sector wage premium, by occupational group: professionals?
Ecuador ranks 7th out of 52 countries with data for 2017.
Is public sector wage premium, by occupational group: professionals rising or falling in Ecuador?
Over the last ten years it is up 253.5%. The long-run trend across the full record is volatile.
Where does this Ecuador 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 — 11 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