Compensation of employees by NUTS 2 region in Latvia
Latvia: Compensation of employees by NUTS 2 region was 21,296 in 2024. ▲ Rising
Compensation of employees by NUTS 2 region in Latvia, 2000–2024
Source: Eurostat.
Analysis
The most recent figure for compensation of employees by nuts 2 region in Latvia is 21,296, measured in 2024. That is the highest value across all 25 years on record.
That represents a change of up 8.3% on the previous year and up 110.9% over ten years.
Over the whole period, compensation of employees by nuts 2 region in Latvia peaked at 21,296 in 2024 and was at its lowest, 3,568, in 2000.
Latvia ranks 32nd of 42 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Compensation of employees by NUTS 2 region in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3,568 | — |
| 2001 | 3,766 | +5.6% |
| 2002 | 3,889 | +3.3% |
| 2003 | 4,027 | +3.6% |
| 2004 | 4,473 | +11.1% |
| 2005 | 5,528 | +23.6% |
| 2006 | 7,142 | +29.2% |
| 2007 | 10,025 | +40.4% |
| 2008 | 11,754 | +17.2% |
| 2009 | 8,804 | -25.1% |
| 2010 | 7,646 | -13.2% |
| 2011 | 7,999 | +4.6% |
| 2012 | 8,822 | +10.3% |
| 2013 | 9,467 | +7.3% |
| 2014 | 10,096 | +6.6% |
| 2015 | 10,894 | +7.9% |
| 2016 | 11,558 | +6.1% |
| 2017 | 12,468 | +7.9% |
| 2018 | 13,874 | +11.3% |
| 2019 | 14,934 | +7.6% |
| 2020 | 15,016 | +0.5% |
| 2021 | 15,869 | +5.7% |
| 2022 | 17,872 | +12.6% |
| 2023 | 19,668 | +10.1% |
| 2024 | 21,296 | +8.3% |
Latvia compared with similar countries
- Latvia's 21,296 is below the median for Europe & Central Asia, which is 126,000, 17% of the median. (30 countries reporting)
- Latvia's 21,296 is below the median for high income countries, which is 129,731, 16% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Compensation of employees by NUTS 2 region in Latvia 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 |
|---|---|---|---|
| 2009 | -25.1% | 11,754 | 8,804 |
| 2007 | +40.4% | 7,142 | 10,025 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6,298 | 3,568 | 11,754 | 10 |
| 2010s | 10,776 | 7,646 | 14,934 | 10 |
| 2020s | 17,944 | 15,016 | 21,296 | 5 |
Countries ranked near Latvia
More work & labour data for Latvia
- Population - Est. & Proj. — Total Population - Both sexes, annual -1.02 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -1 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -1.04 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.94 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate -0.2718 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 1,152 1000 No (2050)
- Population - Est. & Proj. — Rural population 365.13 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 470.3 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 455.07 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 925.37 1000 No (2100)
Frequently asked questions
- What is compensation of employees by nuts 2 region in Latvia?
- Compensation of employees by nuts 2 region in Latvia was 21,296 in 2024, according to Eurostat.
- What is the highest compensation of employees by nuts 2 region recorded in Latvia?
- The highest recorded value was 21,296 in 2024.
- What is the lowest compensation of employees by nuts 2 region recorded in Latvia?
- The lowest recorded value was 3,568 in 2000.
- How does Latvia rank for compensation of employees by nuts 2 region?
- Latvia ranks 32nd out of 42 countries with data for 2024.
- Is compensation of employees by nuts 2 region rising or falling in Latvia?
- Over the last ten years it is up 110.9%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Compensation of employees by NUTS 2 region. Statizoid updates them automatically from the source API.
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