Monthly labour costs by NACE Rev. 1.1 activity in Latvia
Latvia: Monthly labour costs by NACE Rev. 1.1 activity was 865.2 in 2008. ▲ Rising
Monthly labour costs by NACE Rev. 1.1 activity in Latvia, 1998–2008
Source: Eurostat.
Analysis
The most recent figure for monthly labour costs by nace rev. 1.1 activity in Latvia is 865.2, measured in 2008. That is the highest value across all 11 years on record.
That represents a change of up 20.3% on the previous year and up 237.7% over ten years.
Over the whole period, monthly labour costs by nace rev. 1.1 activity in Latvia peaked at 865.2 in 2008 and was at its lowest, 256.2, in 1998.
That places Latvia 20th out of 27 countries with data for 2008, putting it in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Monthly labour costs by NACE Rev. 1.1 activity in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 256.2 | — |
| 1999 | 286.5 | +11.8% |
| 2000 | 340.4 | +18.8% |
| 2001 | 353.6 | +3.9% |
| 2002 | 370.6 | +4.8% |
| 2003 | 370.2 | -0.1% |
| 2004 | 402.8 | +8.8% |
| 2005 | 448.5 | +11.3% |
| 2006 | 552.4 | +23.2% |
| 2007 | 719.4 | +30.2% |
| 2008 | 865.2 | +20.3% |
Latvia compared with similar countries
- Latvia's 865.2 is below the median for Europe & Central Asia, which is 1,854, 47% of the median. (19 countries reporting)
- Latvia's 865.2 is below the median for high income countries, which is 1,612, 54% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 271.35 | 256.2 | 286.5 | 2 |
| 2000s | 491.46 | 340.4 | 865.2 | 9 |
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 monthly labour costs by nace rev. 1.1 activity in Latvia?
- Monthly labour costs by nace rev. 1.1 activity in Latvia was 865.2 in 2008, according to Eurostat.
- What is the highest monthly labour costs by nace rev. 1.1 activity recorded in Latvia?
- The highest recorded value was 865.2 in 2008.
- What is the lowest monthly labour costs by nace rev. 1.1 activity recorded in Latvia?
- The lowest recorded value was 256.2 in 1998.
- How does Latvia rank for monthly labour costs by nace rev. 1.1 activity?
- Latvia ranks 20th out of 27 countries with data for 2008.
- Is monthly labour costs by nace rev. 1.1 activity rising or falling in Latvia?
- Over the last ten years it is up 237.7%. 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 Monthly labour costs by NACE Rev. 1.1 activity. Statizoid updates them automatically from the source API.
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