Public sector wage premium in Peru
Peru: Public sector wage premium was 0.1095 compared to formal wage employees in 2021. ◆ Volatile
Public sector wage premium in Peru, 2000–2021
Source: World Bank. Measured in compared to formal wage employees.
Analysis
The most recent figure for public sector wage premium in Peru is 0.1095 compared to formal wage employees, measured in 2021. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 168.9% over ten years.
Over the whole period, public sector wage premium in Peru peaked at 0.1095 compared to formal wage employees in 2021 and was at its lowest, -0.3417 compared to formal wage employees, in 2002.
Peru ranks 29th 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.
Public sector wage premium in Peru, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2000 | -0.3174 compared to formal wage employees | — |
| 2001 | -0.2655 compared to formal wage employees | -16.4% |
| 2002 | -0.3417 compared to formal wage employees | +28.7% |
| 2004 | -0.2441 compared to formal wage employees | -28.6% |
| 2005 | -0.2039 compared to formal wage employees | -16.5% |
| 2006 | -0.218 compared to formal wage employees | +6.9% |
| 2007 | -0.211 compared to formal wage employees | -3.2% |
| 2008 | -0.1347 compared to formal wage employees | -36.2% |
| 2009 | -0.1819 compared to formal wage employees | +35.1% |
| 2010 | -0.1529 compared to formal wage employees | -15.9% |
| 2011 | -0.159 compared to formal wage employees | +4.0% |
| 2012 | -0.1723 compared to formal wage employees | +8.3% |
| 2013 | -0.1304 compared to formal wage employees | -24.3% |
| 2014 | -0.1282 compared to formal wage employees | -1.7% |
| 2015 | -0.0859 compared to formal wage employees | -33.0% |
| 2016 | -0.0409 compared to formal wage employees | -52.3% |
| 2021 | 0.1095 compared to formal wage employees | -367.6% |
Peru compared with similar countries
- Peru's 0.1095 compared to formal wage employees is below the median for upper middle income countries, which is 0.1251 compared to formal wage employees, 88% of the median. (16 countries reporting)
- Peru's 0.1095 compared to formal wage employees is below the median for Latin America & Caribbean, which is 0.16 compared to formal wage employees, 68% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where Public sector wage premium in Peru changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +367.6% | -0.0409 compared to formal wage employees | 0.1095 compared to formal wage employees |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.2354 compared to formal wage employees | -0.3417 compared to formal wage employees | -0.1347 compared to formal wage employees | 9 |
| 2010s | -0.1242 compared to formal wage employees | -0.1723 compared to formal wage employees | -0.0409 compared to formal wage employees | 7 |
| 2020s | 0.1095 compared to formal wage employees | 0.1095 compared to formal wage employees | 0.1095 compared to formal wage employees | 1 |
Countries ranked near Peru
- 26 Ethiopia 0.1208 compared to formal wage employees compare
- 27 Italy 0.1161 compared to formal wage employees compare
- 28 Mexico 0.1103 compared to formal wage employees compare
- 30 Bolivia 0.0902 compared to formal wage employees compare
- 31 Bulgaria 0.0876 compared to formal wage employees compare
- 32 Romania 0.0836 compared to formal wage employees compare
More reference data data for Peru
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.15 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.39 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 7.94 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3808 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 7.94 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.84 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.94 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 18.98 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 35.25 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.07 (2050)
Frequently asked questions
- What is public sector wage premium in Peru?
- Public sector wage premium in Peru was 0.1095 compared to formal wage employees in 2021, according to the World Bank.
- What is the highest public sector wage premium recorded in Peru?
- The highest recorded value was 0.1095 compared to formal wage employees in 2021.
- What is the lowest public sector wage premium recorded in Peru?
- The lowest recorded value was -0.3417 compared to formal wage employees in 2002.
- How does Peru rank for public sector wage premium?
- Peru ranks 29th out of 54 countries with data for 2021.
- Is public sector wage premium rising or falling in Peru?
- Over the last ten years it is up 168.9%. The long-run trend across the full record is volatile.
- Where does this Peru 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 — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).