Public sector wage premium in Iceland
Iceland: Public sector wage premium was -0.121 compared to formal wage employees in 2013. ▲ Rising
Public sector wage premium in Iceland, 2004–2013
Source: World Bank. Measured in compared to formal wage employees.
Analysis
The most recent figure for public sector wage premium in Iceland is -0.121 compared to formal wage employees, measured in 2013.
That represents a change of down 4.9% on the previous year and down 44.7% over ten years.
Over the whole period, public sector wage premium in Iceland peaked at -0.024 compared to formal wage employees in 2010 and was at its lowest, -0.1369 compared to formal wage employees, in 2006.
Iceland ranks 50th of 54 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.1033 compared to formal wage employees | -0.1369 compared to formal wage employees | -0.0708 compared to formal wage employees | 6 |
| 2010s | -0.0723 compared to formal wage employees | -0.121 compared to formal wage employees | -0.024 compared to formal wage employees | 4 |
Countries ranked near Iceland
- 47 Finland -0.0629 compared to formal wage employees compare
- 48 Hungary -0.093 compared to formal wage employees compare
- 49 Russia -0.1077 compared to formal wage employees compare
- 51 France -0.1502 compared to formal wage employees compare
- 52 Armenia -0.1755 compared to formal wage employees compare
- 53 South Africa -0.1974 compared to formal wage employees compare
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is public sector wage premium in Iceland?
- Public sector wage premium in Iceland was -0.121 compared to formal wage employees in 2013, according to the World Bank.
- What is the highest public sector wage premium recorded in Iceland?
- The highest recorded value was -0.024 compared to formal wage employees in 2010.
- What is the lowest public sector wage premium recorded in Iceland?
- The lowest recorded value was -0.1369 compared to formal wage employees in 2006.
- How does Iceland rank for public sector wage premium?
- Iceland ranks 50th out of 54 countries with data for 2013.
- Is public sector wage premium rising or falling in Iceland?
- Over the last ten years it is down 44.7%. 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 formal wage employees). Statizoid updates them automatically from the source API.
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CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).