Public sector wage premium in Paraguay

Paraguay: Public sector wage premium was 0.0507 compared to formal wage employees in 2021. ◆ Volatile

Latest (2021)
0.0507 compared to formal wage employees
World rank
36th
of 54 countries
All-time high
0.2734 compared to formal wage employees
in 2010
All-time low
-0.1798 compared to formal wage employees
in 2004
Years of data
16
2001–2021

Public sector wage premium in Paraguay, 2001–2021

-0.2-0.100.10.20.32001201120212001: -0.012 compared to formal wage employees2002: -0.084 compared to formal wage employees2003: -0.123 compared to formal wage employees2004: -0.18 compared to formal wage employees2005: 0.037 compared to formal wage employees2006: -0.011 compared to formal wage employees2009: -0.078 compared to formal wage employees2010: 0.273 compared to formal wage employees2011: -0.11 compared to formal wage employees2012: 0.078 compared to formal wage employees2013: 0.1 compared to formal wage employees2014: 0.086 compared to formal wage employees2015: 0.039 compared to formal wage employees2016: 0.075 compared to formal wage employees2017: 0.178 compared to formal wage employees2021: 0.051 compared to formal wage employees

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

Analysis

Paraguay recorded 0.0507 compared to formal wage employees for public sector wage premium in 2021.

Compared with earlier readings it is up 146.2% over ten years.

Over the whole period, public sector wage premium in Paraguay peaked at 0.2734 compared to formal wage employees in 2010 and was at its lowest, -0.1798 compared to formal wage employees, in 2004.

Paraguay ranks 36th 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 -0.0645 compared to formal wage employees -0.1798 compared to formal wage employees 0.0371 compared to formal wage employees 7
2010s 0.0901 compared to formal wage employees -0.1097 compared to formal wage employees 0.2734 compared to formal wage employees 8
2020s 0.0507 compared to formal wage employees 0.0507 compared to formal wage employees 0.0507 compared to formal wage employees 1

Countries ranked near Paraguay

  1. 33 Latvia 0.0806 compared to formal wage employees compare
  2. 34 Austria 0.0765 compared to formal wage employees compare
  3. 35 Serbia 0.0619 compared to formal wage employees compare
  4. 37 Portugal 0.0472 compared to formal wage employees compare
  5. 38 Malta 0.0415 compared to formal wage employees compare
  6. 39 Croatia 0.0412 compared to formal wage employees compare

See the full ranking of 54 places →

More reference data data for Paraguay

All data for Paraguay →

Frequently asked questions

What is public sector wage premium in Paraguay?
Public sector wage premium in Paraguay was 0.0507 compared to formal wage employees in 2021, according to the World Bank.
What is the highest public sector wage premium recorded in Paraguay?
The highest recorded value was 0.2734 compared to formal wage employees in 2010.
What is the lowest public sector wage premium recorded in Paraguay?
The lowest recorded value was -0.1798 compared to formal wage employees in 2004.
How does Paraguay rank for public sector wage premium?
Paraguay ranks 36th out of 54 countries with data for 2021.
Is public sector wage premium rising or falling in Paraguay?
Over the last ten years it is up 146.2%. The long-run trend across the full record is volatile.
Where does this Paraguay 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 — 16 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