Wage gap by age — Senior to prime-age wage gap in Australia
Australia: Wage gap by age — Senior to prime-age wage gap was -5.41 Percentage of prime-age employees wage in 2020. ◆ Volatile
Wage gap by age — Senior to prime-age wage gap in Australia, 1975–2020
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of prime-age employees wage.
Analysis
The most recent figure for wage gap by age — senior to prime-age wage gap in Australia is -5.41 Percentage of prime-age employees wage, measured in 2020. That is the lowest value across all 44 years on record.
Compared with earlier readings it is down 671.0% on the previous year and down 243.1% over ten years.
Over the whole period, wage gap by age — senior to prime-age wage gap in Australia peaked at 8.32 Percentage of prime-age employees wage in 1991 and was at its lowest, -5.41 Percentage of prime-age employees wage, in 2020.
Australia ranks 17th of 36 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.29 Percentage of prime-age employees wage | 3.45 Percentage of prime-age employees wage | 7.61 Percentage of prime-age employees wage | 4 |
| 1980s | 3.99 Percentage of prime-age employees wage | 1.72 Percentage of prime-age employees wage | 6.82 Percentage of prime-age employees wage | 10 |
| 1990s | 4.47 Percentage of prime-age employees wage | -2.83 Percentage of prime-age employees wage | 8.32 Percentage of prime-age employees wage | 9 |
| 2000s | 1.43 Percentage of prime-age employees wage | -2.23 Percentage of prime-age employees wage | 5.84 Percentage of prime-age employees wage | 10 |
| 2010s | -1.92 Percentage of prime-age employees wage | -4.76 Percentage of prime-age employees wage | 0.9472 Percentage of prime-age employees wage | 10 |
| 2020s | -5.41 Percentage of prime-age employees wage | -5.41 Percentage of prime-age employees wage | -5.41 Percentage of prime-age employees wage | 1 |
Countries ranked near Australia
- 14 Germany -3.89 Percentage of prime-age employees wage compare
- 15 Finland -4.07 Percentage of prime-age employees wage compare
- 16 Denmark -4.83 Percentage of prime-age employees wage compare
- 18 Sweden -5.78 Percentage of prime-age employees wage compare
- 19 Argentina -6.02 Percentage of prime-age employees wage
- 20 Ireland -6.99 Percentage of prime-age employees wage compare
More work & labour data for Australia
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.5057 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.4907 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.5202 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -0.9895 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.8931 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 30,186 1000 No (2050)
- Population - Est. & Proj. — Rural population 3,001 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 21,642 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 21,502 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 43,144 1000 No (2100)
Frequently asked questions
- What is wage gap by age — senior to prime-age wage gap in Australia?
- Wage gap by age — senior to prime-age wage gap in Australia was -5.41 Percentage of prime-age employees wage in 2020, according to Organisation for Economic Co-operation and Development.
- What is the highest wage gap by age — senior to prime-age wage gap recorded in Australia?
- The highest recorded value was 8.32 Percentage of prime-age employees wage in 1991.
- What is the lowest wage gap by age — senior to prime-age wage gap recorded in Australia?
- The lowest recorded value was -5.41 Percentage of prime-age employees wage in 2020.
- How does Australia rank for wage gap by age — senior to prime-age wage gap?
- Australia ranks 17th out of 36 countries with data for 2020.
- Is wage gap by age — senior to prime-age wage gap rising or falling in Australia?
- Over the last ten years it is down 243.1%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Wage gap by age — Senior to prime-age wage gap. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset contains age wage gaps defined as the difference between mean (median) earnings of 25-54 year-olds and that of 15-24 year-olds (respectively 55-64 year-olds) relative to mean (median) earnings of 25-54 year-olds. Earnings refer to gross earnings of full-time dependent employees unless otherwise indicated.