Cyprus vs Latvia: Labour cost index by NACE Rev. 2 activity - country weights
Cyprus
2
in 2024
Latvia
2.2
in 2024
Cyprus rank
30th
Latvia rank
28th
Labour cost index by NACE Rev. 2 activity - country weights over time
- Cyprus
- Latvia
How they compare
Latvia currently reports 2.2 against 2 in Cyprus, a difference of 0.2.
That makes Latvia's figure about 1.1 times Cyprus's.
The two have swapped places 2 times across 16 shared years of data; in 2008 it was Latvia ahead.
Cyprus ranks 30th and Latvia ranks 28th of 32 countries.
Across the 3 decades both report, Cyprus averaged higher in 1 and Latvia in 1.
Head to head by decade
| Decade | Cyprus | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.75 | 1.75 | 0 | — |
| 2010s | 1.65 | 1.6 | 0.05 | Cyprus |
| 2020s | 1.88 | 2.08 | 0.2 | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher labour cost index by nace rev. 2 activity - country weights, Cyprus or Latvia?
- Latvia, at 2.2 against 2 in Cyprus as of 2024.
- What is the difference in labour cost index by nace rev. 2 activity - country weights between Cyprus and Latvia?
- 0.2, with Latvia ahead.
- How many years of comparable data are there for Cyprus and Latvia?
- 16 years are reported by both, from 2008 to 2024.
- How do Cyprus and Latvia rank globally for labour cost index by nace rev. 2 activity - country weights?
- Cyprus ranks 30th and Latvia ranks 28th of 32 countries.
- Where does this data come from?
- Eurostat, published as Labour cost index by NACE Rev. 2 activity - country weights. Statizoid refreshes it automatically from the source and publishes the full history for both places.