Labour cost index by NACE Rev. 1.1 activity - country weights in Latvia
Latvia: Labour cost index by NACE Rev. 1.1 activity - country weights was 1.7 in 2007. ▲ Rising
Labour cost index by NACE Rev. 1.1 activity - country weights in Latvia, 1996–2007
Source: Eurostat.
Analysis
Latvia recorded 1.7 for labour cost index by nace rev. 1.1 activity - country weights in 2007. That is the highest value across all 12 years on record.
Compared with earlier readings it is up 30.8% on the previous year and up 183.3% over ten years.
Over the whole period, labour cost index by nace rev. 1.1 activity - country weights in Latvia peaked at 1.7 in 2007 and was at its lowest, 0.6, in 1996.
Latvia ranks 24th of 29 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Labour cost index by NACE Rev. 1.1 activity - country weights in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 0.6 | — |
| 1997 | 0.6 | +0.0% |
| 1998 | 0.7 | +16.7% |
| 1999 | 0.7 | +0.0% |
| 2000 | 0.8 | +14.3% |
| 2001 | 0.8 | +0.0% |
| 2002 | 0.7 | -12.5% |
| 2003 | 0.8 | +14.3% |
| 2004 | 0.8 | +0.0% |
| 2005 | 1 | +25.0% |
| 2006 | 1.3 | +30.0% |
| 2007 | 1.7 | +30.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.65 | 0.6 | 0.7 | 4 |
| 2000s | 0.9875 | 0.7 | 1.7 | 8 |
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 labour cost index by nace rev. 1.1 activity - country weights in Latvia?
- Labour cost index by nace rev. 1.1 activity - country weights in Latvia was 1.7 in 2007, according to Eurostat.
- What is the highest labour cost index by nace rev. 1.1 activity - country weights recorded in Latvia?
- The highest recorded value was 1.7 in 2007.
- What is the lowest labour cost index by nace rev. 1.1 activity - country weights recorded in Latvia?
- The lowest recorded value was 0.6 in 1996.
- How does Latvia rank for labour cost index by nace rev. 1.1 activity - country weights?
- Latvia ranks 24th out of 29 countries with data for 2007.
- Is labour cost index by nace rev. 1.1 activity - country weights rising or falling in Latvia?
- Over the last ten years it is up 183.3%. 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 Labour cost index by NACE Rev. 1.1 activity - country weights. Statizoid updates them automatically from the source API.
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