Cyprus vs Latvia: Labour cost index by NACE Rev. 1.1 activity - country weights
Cyprus
1
in 2007
Latvia
1.7
in 2007
Cyprus rank
35th
Latvia rank
30th
Labour cost index by NACE Rev. 1.1 activity - country weights over time
- Cyprus
- Latvia
How they compare
Latvia currently reports 1.7 against 1 in Cyprus, a difference of 0.7.
That makes Latvia's figure about 1.7 times Cyprus's.
The two have swapped places 3 times across 12 shared years of data; in 1996 it was Cyprus ahead.
Cyprus ranks 35th and Latvia ranks 30th of 37 countries.
Across the 2 decades both report, Cyprus averaged higher in 1 and Latvia in 1.
Head to head by decade
| Decade | Cyprus | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.8 | 0.65 | 0.15 | Cyprus |
| 2000s | 0.9375 | 0.9875 | 0.05 | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher labour cost index by nace rev. 1.1 activity - country weights, Cyprus or Latvia?
- Latvia, at 1.7 against 1 in Cyprus as of 2007.
- What is the difference in labour cost index by nace rev. 1.1 activity - country weights between Cyprus and Latvia?
- 0.7, with Latvia ahead.
- How many years of comparable data are there for Cyprus and Latvia?
- 12 years are reported by both, from 1996 to 2007.
- How do Cyprus and Latvia rank globally for labour cost index by nace rev. 1.1 activity - country weights?
- Cyprus ranks 35th and Latvia ranks 30th of 37 countries.
- Where does this data come from?
- Eurostat, published as Labour cost index by NACE Rev. 1.1 activity - country weights. Statizoid refreshes it automatically from the source and publishes the full history for both places.