Public sector wage premium, by occupational group: Professionals in Latvia

Latvia: Public sector wage premium, by occupational group: Professionals was -0.1515 compared to formal wage employees in 2018. ◆ Volatile

Latest (2018)
-0.1515 compared to formal wage employees
Change on year
down 131.8%
World rank
46th
of 52 countries
All-time high
0.1531 compared to formal wage employees
in 2009
All-time low
-0.1515 compared to formal wage employees
in 2018
Years of data
12
2007–2018

Public sector wage premium, by occupational group: Professionals in Latvia, 2007–2018

-0.2-0.100.10.22007201220182007: 0.136 compared to formal wage employees2008: 0.042 compared to formal wage employees2009: 0.153 compared to formal wage employees2010: 0.065 compared to formal wage employees2011: -0.005 compared to formal wage employees2012: -0.088 compared to formal wage employees2013: -0.053 compared to formal wage employees2014: -0.05 compared to formal wage employees2015: -0.123 compared to formal wage employees2016: -0.099 compared to formal wage employees2017: -0.065 compared to formal wage employees2018: -0.151 compared to formal wage employees

Source: World Bank. Measured in compared to formal wage employees.

Analysis

Latvia recorded -0.1515 compared to formal wage employees for public sector wage premium, by occupational group: professionals in 2018. That is the lowest value across all 12 years on record.

Compared with earlier readings it is down 131.8% on the previous year and down 458.8% over ten years.

Over the whole period, public sector wage premium, by occupational group: professionals in Latvia peaked at 0.1531 compared to formal wage employees in 2009 and was at its lowest, -0.1515 compared to formal wage employees, in 2018.

Latvia ranks 46th of 52 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1105 compared to formal wage employees 0.0422 compared to formal wage employees 0.1531 compared to formal wage employees 3
2010s -0.0633 compared to formal wage employees -0.1515 compared to formal wage employees 0.0646 compared to formal wage employees 9

Countries ranked near Latvia

  1. 43 Poland -0.1367 compared to formal wage employees compare
  2. 44 France -0.1433 compared to formal wage employees compare
  3. 45 Ireland -0.1465 compared to formal wage employees compare
  4. 47 Slovakia -0.1524 compared to formal wage employees compare
  5. 48 Finland -0.1636 compared to formal wage employees compare
  6. 49 Czechia -0.1655 compared to formal wage employees compare

See the full ranking of 52 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is public sector wage premium, by occupational group: professionals in Latvia?
Public sector wage premium, by occupational group: professionals in Latvia was -0.1515 compared to formal wage employees in 2018, according to the World Bank.
What is the highest public sector wage premium, by occupational group: professionals recorded in Latvia?
The highest recorded value was 0.1531 compared to formal wage employees in 2009.
What is the lowest public sector wage premium, by occupational group: professionals recorded in Latvia?
The lowest recorded value was -0.1515 compared to formal wage employees in 2018.
How does Latvia rank for public sector wage premium, by occupational group: professionals?
Latvia ranks 46th out of 52 countries with data for 2018.
Is public sector wage premium, by occupational group: professionals rising or falling in Latvia?
Over the last ten years it is down 458.8%. 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 Public sector wage premium, by occupational group: Professionals (compared to formal wage employees). Statizoid updates them automatically from the source API.

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CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Public sector wage premium, by occupational group: Professionals (compared to formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
52 places, 604 data points, 2000–2021
Last refreshed