Public sector wage premium in Honduras

Honduras: Public sector wage premium was 0.1686 compared to formal wage employees in 2019. ◆ Volatile

Latest (2019)
0.1686 compared to formal wage employees
Change on year
down 18.2%
World rank
17th
of 54 countries
All-time high
0.2094 compared to formal wage employees
in 2012
All-time low
0.0392 compared to formal wage employees
in 2016
Years of data
14
2006–2019

Public sector wage premium in Honduras, 2006–2019

0.050.10.150.22006201220192006: 0.045 compared to formal wage employees2007: 0.08 compared to formal wage employees2008: 0.107 compared to formal wage employees2009: 0.061 compared to formal wage employees2010: 0.138 compared to formal wage employees2011: 0.207 compared to formal wage employees2012: 0.209 compared to formal wage employees2013: 0.121 compared to formal wage employees2014: 0.088 compared to formal wage employees2015: 0.098 compared to formal wage employees2016: 0.039 compared to formal wage employees2017: 0.04 compared to formal wage employees2018: 0.206 compared to formal wage employees2019: 0.169 compared to formal wage employees

Source: World Bank. Measured in compared to formal wage employees.

Analysis

Honduras recorded 0.1686 compared to formal wage employees for public sector wage premium in 2019.

That represents a change of down 18.2% on the previous year and up 177.4% over ten years.

Over the whole period, public sector wage premium in Honduras peaked at 0.2094 compared to formal wage employees in 2012 and was at its lowest, 0.0392 compared to formal wage employees, in 2016.

Honduras ranks 17th of 54 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0731 compared to formal wage employees 0.0454 compared to formal wage employees 0.1068 compared to formal wage employees 4
2010s 0.1317 compared to formal wage employees 0.0392 compared to formal wage employees 0.2094 compared to formal wage employees 10

Countries ranked near Honduras

  1. 14 Pakistan 0.1973 compared to formal wage employees compare
  2. 15 Brazil 0.1971 compared to formal wage employees compare
  3. 16 Uruguay 0.1806 compared to formal wage employees compare
  4. 18 Chile 0.1514 compared to formal wage employees compare
  5. 19 Australia 0.1437 compared to formal wage employees compare
  6. 20 Dominican Republic 0.1424 compared to formal wage employees compare

See the full ranking of 54 places →

More reference data data for Honduras

All data for Honduras →

Frequently asked questions

What is public sector wage premium in Honduras?
Public sector wage premium in Honduras was 0.1686 compared to formal wage employees in 2019, according to the World Bank.
What is the highest public sector wage premium recorded in Honduras?
The highest recorded value was 0.2094 compared to formal wage employees in 2012.
What is the lowest public sector wage premium recorded in Honduras?
The lowest recorded value was 0.0392 compared to formal wage employees in 2016.
How does Honduras rank for public sector wage premium?
Honduras ranks 17th out of 54 countries with data for 2019.
Is public sector wage premium rising or falling in Honduras?
Over the last ten years it is up 177.4%. The long-run trend across the full record is volatile.
Where does this Honduras 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).

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