Public sector wage premium in Iceland

Iceland: Public sector wage premium was -0.0815 compared to all private employees in 2013. ▲ Rising

Latest (2013)
-0.0815 compared to all private employees
Change on year
up 28.2%
World rank
54th
of 60 countries
All-time high
-0.0252 compared to all private employees
in 2010
All-time low
-0.1321 compared to all private employees
in 2006
Years of data
10
2004–2013

Public sector wage premium in Iceland, 2004–2013

-0.125-0.1-0.075-0.05-0.0252004200820132004: -0.084 compared to all private employees2005: -0.113 compared to all private employees2006: -0.132 compared to all private employees2007: -0.104 compared to all private employees2008: -0.075 compared to all private employees2009: -0.123 compared to all private employees2010: -0.025 compared to all private employees2011: -0.03 compared to all private employees2012: -0.114 compared to all private employees2013: -0.082 compared to all private employees

Source: World Bank. Measured in compared to all private employees.

Analysis

Iceland recorded -0.0815 compared to all private employees for public sector wage premium in 2013.

Compared with earlier readings it is up 28.2% on the previous year and up 3.5% over ten years.

Over the whole period, public sector wage premium in Iceland peaked at -0.0252 compared to all private employees in 2010 and was at its lowest, -0.1321 compared to all private employees, in 2006.

That places Iceland 54th out of 60 countries with data for 2013, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s -0.1055 compared to all private employees -0.1321 compared to all private employees -0.0754 compared to all private employees 6
2010s -0.0625 compared to all private employees -0.1136 compared to all private employees -0.0252 compared to all private employees 4

Countries ranked near Iceland

  1. 51 Belgium -0.0483 compared to all private employees compare
  2. 52 Finland -0.0628 compared to all private employees compare
  3. 53 Russia -0.0739 compared to all private employees compare
  4. 55 South Africa -0.0924 compared to all private employees compare
  5. 56 Hungary -0.093 compared to all private employees compare
  6. 57 Mongolia -0.1144 compared to all private employees compare

See the full ranking of 60 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is public sector wage premium in Iceland?
Public sector wage premium in Iceland was -0.0815 compared to all private employees in 2013, according to the World Bank.
What is the highest public sector wage premium recorded in Iceland?
The highest recorded value was -0.0252 compared to all private employees in 2010.
What is the lowest public sector wage premium recorded in Iceland?
The lowest recorded value was -0.1321 compared to all private employees in 2006.
How does Iceland rank for public sector wage premium?
Iceland ranks 54th out of 60 countries with data for 2013.
Is public sector wage premium rising or falling in Iceland?
Over the last ten years it is up 3.5%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from the World Bank, published as part of Public sector wage premium (compared to all private 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 (compared to all private employees)
Unit
compared to all private employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
60 places, 738 data points, 2000–2021
Last refreshed