P-Value: Public sector wage premium in Latvia
Latvia: P-Value: Public sector wage premium was 0.0055 compared to formal wage employees in 2018. ◆ Volatile
Latest (2018)
0.0055 compared to formal wage employees
Change on year
down 24.0%
World rank
15th
of 54 countries
All-time high
0.1273 compared to formal wage employees
in 2016
All-time low
0 compared to formal wage employees
in 2009
Years of data
12
2007–2018
P-Value: Public sector wage premium in Latvia, 2007–2018
Source: World Bank. Measured in compared to formal wage employees.
Analysis
The most recent figure for p-value: public sector wage premium in Latvia is 0.0055 compared to formal wage employees, measured in 2018.
Compared with earlier readings it is down 24.0% on the previous year and up 74,225.2% over ten years.
Over the whole period, p-value: public sector wage premium in Latvia peaked at 0.1273 compared to formal wage employees in 2016 and was at its lowest, 0 compared to formal wage employees, in 2009.
Latvia ranks 15th of 54 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
P-Value: Public sector wage premium in Latvia, year by year
| Year | compared to formal wage employees | Change |
|---|---|---|
| 2007 | 0 compared to formal wage employees | — |
| 2008 | 0 compared to formal wage employees | +92.3% |
| 2009 | 0 compared to formal wage employees | -100.0% |
| 2010 | 0 compared to formal wage employees | +1929157359624023.8% |
| 2011 | 0 compared to formal wage employees | +63064.1% |
| 2012 | 0 compared to formal wage employees | +46.9% |
| 2013 | 0.0001 compared to formal wage employees | +2642.2% |
| 2014 | 0.0816 compared to formal wage employees | +79893.1% |
| 2015 | 0.0609 compared to formal wage employees | -25.4% |
| 2016 | 0.1273 compared to formal wage employees | +109.1% |
| 2017 | 0.0073 compared to formal wage employees | -94.3% |
| 2018 | 0.0055 compared to formal wage employees | -24.0% |
Latvia compared with similar countries
- Latvia's 0.0055 compared to formal wage employees is above the median for high income countries, which is 0.0005 compared to formal wage employees, 10.2× the median. (31 countries reporting)
- Latvia's 0.0055 compared to formal wage employees is above the median for Europe & Central Asia, which is 0.0012 compared to formal wage employees, 4.7× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0 compared to formal wage employees | 0 compared to formal wage employees | 0 compared to formal wage employees | 3 |
| 2010s | 0.0314 compared to formal wage employees | 0 compared to formal wage employees | 0.1273 compared to formal wage employees | 9 |
Countries ranked near Latvia
- 12 Bulgaria 0.012 compared to formal wage employees compare
- 13 Paraguay 0.0078 compared to formal wage employees compare
- 14 Serbia 0.0075 compared to formal wage employees compare
- 16 Hungary 0.0015 compared to formal wage employees compare
- 17 Finland 0.0013 compared to formal wage employees compare
- 18 Ireland 0.0012 compared to formal wage employees compare
More reference data data for Latvia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
Frequently asked questions
- What is p-value: public sector wage premium in Latvia?
- P-value: public sector wage premium in Latvia was 0.0055 compared to formal wage employees in 2018, according to the World Bank.
- What is the highest p-value: public sector wage premium recorded in Latvia?
- The highest recorded value was 0.1273 compared to formal wage employees in 2016.
- What is the lowest p-value: public sector wage premium recorded in Latvia?
- The lowest recorded value was 0 compared to formal wage employees in 2009.
- How does Latvia rank for p-value: public sector wage premium?
- Latvia ranks 15th out of 54 countries with data for 2018.
- Is p-value: public sector wage premium rising or falling in Latvia?
- Over the last ten years it is up 74,225.2%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from the World Bank, published as part of P-Value: Public sector wage premium (compared to formal wage employees). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).