Labour cost index by NACE Rev. 1.1 activity - nominal value in Latvia
Latvia: Labour cost index by NACE Rev. 1.1 activity - nominal value was 344.5 Index, 2000=100 in 2008. ▲ Rising
Latest (2008)
344.5 Index, 2000=100
Change on year
up 14.6%
World rank
2nd
of 24 countries
All-time high
344.5 Index, 2000=100
in 2008
All-time low
101.3 Index, 2000=100
in 2000
Years of data
9
2000–2008
Labour cost index by NACE Rev. 1.1 activity - nominal value in Latvia, 2000–2008
Source: Eurostat. Measured in Index, 2000=100.
Analysis
In 2008, labour cost index by nace rev. 1.1 activity - nominal value in Latvia stood at 344.5 Index, 2000=100. That is the highest value across all 9 years on record.
Compared with earlier readings it is up 14.6% on the previous year and up 240.1% over ten years.
Over the whole period, labour cost index by nace rev. 1.1 activity - nominal value in Latvia peaked at 344.5 Index, 2000=100 in 2008 and was at its lowest, 101.3 Index, 2000=100, in 2000.
Latvia ranks 2nd of 24 countries on this measure, in the top 10%.
Labour cost index by NACE Rev. 1.1 activity - nominal value in Latvia, year by year
| Year | Index, 2000=100 | Change |
|---|---|---|
| 2000 | 101.3 Index, 2000=100 | — |
| 2001 | 110.5 Index, 2000=100 | +9.1% |
| 2002 | 124.3 Index, 2000=100 | +12.5% |
| 2003 | 136.9 Index, 2000=100 | +10.1% |
| 2004 | 150.8 Index, 2000=100 | +10.2% |
| 2005 | 177.9 Index, 2000=100 | +18.0% |
| 2006 | 229.2 Index, 2000=100 | +28.8% |
| 2007 | 300.6 Index, 2000=100 | +31.2% |
| 2008 | 344.5 Index, 2000=100 | +14.6% |
Latvia compared with similar countries
- Latvia's 344.5 Index, 2000=100 is above the median for Europe & Central Asia, which is 183.25 Index, 2000=100, 1.9× the median. (16 countries reporting)
- Latvia's 344.5 Index, 2000=100 is above the median for high income countries, which is 183.25 Index, 2000=100, 1.9× the median. (16 countries reporting)
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 - nominal value in Latvia?
- Labour cost index by nace rev. 1.1 activity - nominal value in Latvia was 344.5 Index, 2000=100 in 2008, according to Eurostat.
- What is the highest labour cost index by nace rev. 1.1 activity - nominal value recorded in Latvia?
- The highest recorded value was 344.5 Index, 2000=100 in 2008.
- What is the lowest labour cost index by nace rev. 1.1 activity - nominal value recorded in Latvia?
- The lowest recorded value was 101.3 Index, 2000=100 in 2000.
- How does Latvia rank for labour cost index by nace rev. 1.1 activity - nominal value?
- Latvia ranks 2nd out of 24 countries with data for 2008.
- Is labour cost index by nace rev. 1.1 activity - nominal value rising or falling in Latvia?
- Over the last ten years it is up 240.1%. 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 - nominal value, quarterly data. Statizoid updates them automatically from the source API.
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