Compensation per employee and hours worked per employed person by in Latvija

Latvija: Compensation per employee and hours worked per employed person by was 26,700 Euro in 2024. ▲ Rising

Latest (2024)
26,700 Euro
Change on year
up 10.3%
Rank
220th
of 314 regions
All-time high
26,700 Euro
in 2024
All-time low
4,600 Euro
in 2000
Years of data
25
2000–2024

Compensation per employee and hours worked per employed person by in Latvija, 2000–2024

5.0k10.0k15.0k20.0k25.0k2000201220242000: 4.6k Euro2001: 4.7k Euro2002: 4.8k Euro2003: 4.9k Euro2004: 5.4k Euro2005: 6.5k Euro2006: 7.9k Euro2007: 10.6k Euro2008: 12.5k Euro2009: 11.1k Euro2010: 10.3k Euro2011: 10.6k Euro2012: 11.5k Euro2013: 12.1k Euro2014: 13.1k Euro2015: 14.1k Euro2016: 15.0k Euro2017: 16.1k Euro2018: 17.4k Euro2019: 18.3k Euro2020: 18.8k Euro2021: 20.2k Euro2022: 22.8k Euro2023: 24.2k Euro2024: 26.7k Euro

Source: Eurostat. Measured in Euro.

Analysis

In 2024, compensation per employee and hours worked per employed person by in Latvija stood at 26,700 Euro. That is the highest value across all 25 years on record.

The figure is up 10.3% on the previous year and up 103.8% over ten years.

Over the whole period, compensation per employee and hours worked per employed person by in Latvija peaked at 26,700 Euro in 2024 and was at its lowest, 4,600 Euro, in 2000.

Latvija ranks 220th of 314 regions on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 25 years of available data.

Compensation per employee and hours worked per employed person by in Latvija, year by year

Annual values for Compensation per employee and hours worked per employed person by NUTS 2 region and by industry in Latvija, 2000 to 2024.
Year Euro Change
2000 4,600 Euro
2001 4,700 Euro +2.2%
2002 4,800 Euro +2.1%
2003 4,900 Euro +2.1%
2004 5,400 Euro +10.2%
2005 6,500 Euro +20.4%
2006 7,900 Euro +21.5%
2007 10,600 Euro +34.2%
2008 12,500 Euro +17.9%
2009 11,100 Euro -11.2%
2010 10,300 Euro -7.2%
2011 10,600 Euro +2.9%
2012 11,500 Euro +8.5%
2013 12,100 Euro +5.2%
2014 13,100 Euro +8.3%
2015 14,100 Euro +7.6%
2016 15,000 Euro +6.4%
2017 16,100 Euro +7.3%
2018 17,400 Euro +8.1%
2019 18,300 Euro +5.2%
2020 18,800 Euro +2.7%
2021 20,200 Euro +7.4%
2022 22,800 Euro +12.9%
2023 24,200 Euro +6.1%
2024 26,700 Euro +10.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 7,300 Euro 4,600 Euro 12,500 Euro 10
2010s 13,850 Euro 10,300 Euro 18,300 Euro 10
2020s 22,540 Euro 18,800 Euro 26,700 Euro 5

More work & labour data for Latvija

All data for Latvija →

Frequently asked questions

What is compensation per employee and hours worked per employed person by in Latvija?
Compensation per employee and hours worked per employed person by in Latvija was 26,700 Euro in 2024, according to Eurostat.
What is the highest compensation per employee and hours worked per employed person by recorded in Latvija?
The highest recorded value was 26,700 Euro in 2024.
What is the lowest compensation per employee and hours worked per employed person by recorded in Latvija?
The lowest recorded value was 4,600 Euro in 2000.
How does Latvija rank for compensation per employee and hours worked per employed person by?
Latvija ranks 220th out of 314 regions with data for 2024.
Is compensation per employee and hours worked per employed person by rising or falling in Latvija?
Over the last ten years it is up 103.8%. The long-run trend across the full record is rising.
Where does this Latvija data come from?
The figures come from Eurostat, published as part of Compensation per employee and hours worked per employed person by NUTS 2 region and by industry. Statizoid updates them automatically from the source API.

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Compensation per employee and hours worked per employed person by in Latvija. Statizoid, drawing on Eurostat. Retrieved 02 September 2026, from https://labour.statizoid.com/stat/compensation-per-employee-and-hours-worked-per-employed-person-by-nuts-2-region-and-by/latvija/

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About this data

Indicator
Compensation per employee and hours worked per employed person by NUTS 2 region and by industry
Unit
Euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
354 places, 8,566 data points, 2000–2024
Last refreshed