Public sector wage premium in Cyprus
Cyprus: Public sector wage premium was 0.2236 compared to formal wage employees in 2018. ▼ Falling
Latest (2018)
0.2236 compared to formal wage employees
Change on year
down 9.7%
World rank
12th
of 54 countries
All-time high
0.4829 compared to formal wage employees
in 2014
All-time low
0.2236 compared to formal wage employees
in 2018
Years of data
14
2005–2018
Public sector wage premium in Cyprus, 2005–2018
Source: World Bank. Measured in compared to formal wage employees.
Analysis
Cyprus recorded 0.2236 compared to formal wage employees for public sector wage premium in 2018. That is the lowest value across all 14 years on record.
The figure is down 9.7% on the previous year and down 20.8% over ten years.
Over the whole period, public sector wage premium in Cyprus peaked at 0.4829 compared to formal wage employees in 2014 and was at its lowest, 0.2236 compared to formal wage employees, in 2018.
That places Cyprus 12th out of 54 countries with data for 2018, putting it in the top quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Public sector wage premium in Cyprus, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2005 | 0.3351 compared to formal wage employees | — |
| 2006 | 0.3221 compared to formal wage employees | -3.9% |
| 2007 | 0.2977 compared to formal wage employees | -7.6% |
| 2008 | 0.2824 compared to formal wage employees | -5.2% |
| 2009 | 0.3217 compared to formal wage employees | +14.0% |
| 2010 | 0.3119 compared to formal wage employees | -3.1% |
| 2011 | 0.3475 compared to formal wage employees | +11.4% |
| 2012 | 0.4009 compared to formal wage employees | +15.4% |
| 2013 | 0.3815 compared to formal wage employees | -4.8% |
| 2014 | 0.4829 compared to formal wage employees | +26.6% |
| 2015 | 0.4233 compared to formal wage employees | -12.3% |
| 2016 | 0.2468 compared to formal wage employees | -41.7% |
| 2017 | 0.2476 compared to formal wage employees | +0.3% |
| 2018 | 0.2236 compared to formal wage employees | -9.7% |
Cyprus compared with similar countries
- Cyprus's 0.2236 compared to formal wage employees is above the median for high income countries, which is 0.0806 compared to formal wage employees, 2.8× the median. (31 countries reporting)
- Cyprus's 0.2236 compared to formal wage employees is above the median for Europe & Central Asia, which is 0.0472 compared to formal wage employees, 4.7× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3118 compared to formal wage employees | 0.2824 compared to formal wage employees | 0.3351 compared to formal wage employees | 5 |
| 2010s | 0.3407 compared to formal wage employees | 0.2236 compared to formal wage employees | 0.4829 compared to formal wage employees | 9 |
Countries ranked near Cyprus
- 9 Panama 0.2791 compared to formal wage employees compare
- 10 Tanzania 0.2601 compared to formal wage employees compare
- 11 Sri Lanka 0.2278 compared to formal wage employees compare
- 13 Spain 0.2161 compared to formal wage employees compare
- 14 Pakistan 0.1973 compared to formal wage employees compare
- 15 Brazil 0.1971 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 in Cyprus?
- Public sector wage premium in Cyprus was 0.2236 compared to formal wage employees in 2018, according to the World Bank.
- What is the highest public sector wage premium recorded in Cyprus?
- The highest recorded value was 0.4829 compared to formal wage employees in 2014.
- What is the lowest public sector wage premium recorded in Cyprus?
- The lowest recorded value was 0.2236 compared to formal wage employees in 2018.
- How does Cyprus rank for public sector wage premium?
- Cyprus ranks 12th out of 54 countries with data for 2018.
- Is public sector wage premium rising or falling in Cyprus?
- Over the last ten years it is down 20.8%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from the World Bank, published as part of Public sector wage premium (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).