Public sector wage premium in Greece

Greece: Public sector wage premium was 0.1327 compared to formal wage employees in 2018. ▬ Flat

Latest (2018)
0.1327 compared to formal wage employees
Change on year
down 21.3%
World rank
23rd
of 54 countries
All-time high
0.2107 compared to formal wage employees
in 2007
All-time low
0.06 compared to formal wage employees
in 2011
Years of data
12
2007–2018

Public sector wage premium in Greece, 2007–2018

0.050.10.150.22007201220182007: 0.211 compared to formal wage employees2008: 0.133 compared to formal wage employees2009: 0.135 compared to formal wage employees2010: 0.073 compared to formal wage employees2011: 0.06 compared to formal wage employees2012: 0.138 compared to formal wage employees2013: 0.104 compared to formal wage employees2014: 0.103 compared to formal wage employees2015: 0.112 compared to formal wage employees2016: 0.151 compared to formal wage employees2017: 0.169 compared to formal wage employees2018: 0.133 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 in Greece is 0.1327 compared to formal wage employees, measured in 2018.

Compared with earlier readings it is down 21.3% on the previous year and down 0.0% over ten years.

Over the whole period, public sector wage premium in Greece peaked at 0.2107 compared to formal wage employees in 2007 and was at its lowest, 0.06 compared to formal wage employees, in 2011.

Greece ranks 23rd of 54 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1596 compared to formal wage employees 0.1328 compared to formal wage employees 0.2107 compared to formal wage employees 3
2010s 0.116 compared to formal wage employees 0.06 compared to formal wage employees 0.1687 compared to formal wage employees 9

Countries ranked near Greece

  1. 20 Dominican Republic 0.1424 compared to formal wage employees compare
  2. 21 Guatemala 0.1399 compared to formal wage employees compare
  3. 22 Estonia 0.1379 compared to formal wage employees compare
  4. 24 Lithuania 0.1307 compared to formal wage employees compare
  5. 25 Ireland 0.1213 compared to formal wage employees compare
  6. 26 Ethiopia 0.1208 compared to formal wage employees compare

See the full ranking of 54 places →

More reference data data for Greece

All data for Greece →

Frequently asked questions

What is public sector wage premium in Greece?
Public sector wage premium in Greece was 0.1327 compared to formal wage employees in 2018, according to the World Bank.
What is the highest public sector wage premium recorded in Greece?
The highest recorded value was 0.2107 compared to formal wage employees in 2007.
What is the lowest public sector wage premium recorded in Greece?
The lowest recorded value was 0.06 compared to formal wage employees in 2011.
How does Greece rank for public sector wage premium?
Greece ranks 23rd out of 54 countries with data for 2018.
Is public sector wage premium rising or falling in Greece?
Over the last ten years it is down 0.0%. The long-run trend across the full record is flat.
Where does this Greece 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 — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Public sector wage premium (compared to formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
54 places, 658 data points, 2000–2021
Last refreshed