Latvia vs Mongolia: Average hourly labour cost per employee - Discontinued
Average hourly labour cost per employee - Discontinued over time
- Latvia
- Mongolia
How they compare
Latvia currently reports 16.3 against 9.2 in Mongolia, a difference of 7.1.
That makes Latvia's figure about 1.8 times Mongolia's.
Across all 5 years both countries report, Latvia has been ahead every year.
Latvia ranks 45th and Mongolia ranks 47th of 50 countries.
Latvia has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher average hourly labour cost per employee - discontinued, Latvia or Mongolia?
- Latvia, at 16.3 against 9.2 in Mongolia as of 2025.
- What is the difference in average hourly labour cost per employee - discontinued between Latvia and Mongolia?
- 7.1, with Latvia ahead.
- How many years of comparable data are there for Latvia and Mongolia?
- 5 years are reported by both, from 2020 to 2024.
- How do Latvia and Mongolia rank globally for average hourly labour cost per employee - discontinued?
- Latvia ranks 45th and Mongolia ranks 47th of 50 countries.
- Where does this data come from?
- International Labour Organization, published as Average hourly labour cost per employee - Discontinued. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Data on labour cost is presented, whenever possible, in nominal terms and on the basis of the mean hourly labour cost per employee. Labour cost is the cost incurred by the employer in the employment of labour in a specified reference period. It comprises remuneration for work performed, payments in respect of time paid for but not worked, bonuses and gratuities, the cost of food, drink and other payments in kind, cost of workers' housing borne by employers, employers' social security expenditures, cost to the employer for vocational training, welfare services and miscellaneous items, such as transport of workers, work clothes and recruitment, together with taxes regarded as labour cost. For more information, refer to the Prices, Costs, and Currency Conversions (PRICES) database description.