Public sector wage premium in Latvia

Latvia: Public sector wage premium was 0.0806 compared to formal wage employees in 2018. ◆ Volatile

Latest (2018)
0.0806 compared to formal wage employees
Change on year
down 1.8%
World rank
33rd
of 54 countries
All-time high
0.2721 compared to formal wage employees
in 2009
All-time low
0.0405 compared to formal wage employees
in 2016
Years of data
12
2007–2018

Public sector wage premium in Latvia, 2007–2018

0.050.10.150.20.252007201220182007: 0.169 compared to formal wage employees2008: 0.153 compared to formal wage employees2009: 0.272 compared to formal wage employees2010: 0.19 compared to formal wage employees2011: 0.142 compared to formal wage employees2012: 0.134 compared to formal wage employees2013: 0.116 compared to formal wage employees2014: 0.05 compared to formal wage employees2015: 0.049 compared to formal wage employees2016: 0.04 compared to formal wage employees2017: 0.082 compared to formal wage employees2018: 0.081 compared to formal wage employees

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

Analysis

The most recent figure for public sector wage premium in Latvia is 0.0806 compared to formal wage employees, measured in 2018.

That represents a change of down 1.8% on the previous year and down 47.2% over ten years.

Over the whole period, public sector wage premium in Latvia peaked at 0.2721 compared to formal wage employees in 2009 and was at its lowest, 0.0405 compared to formal wage employees, in 2016.

That places Latvia 33rd out of 54 countries with data for 2018, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1979 compared to formal wage employees 0.1526 compared to formal wage employees 0.2721 compared to formal wage employees 3
2010s 0.0982 compared to formal wage employees 0.0405 compared to formal wage employees 0.19 compared to formal wage employees 9

Countries ranked near Latvia

  1. 30 Bolivia 0.0902 compared to formal wage employees compare
  2. 31 Bulgaria 0.0876 compared to formal wage employees compare
  3. 32 Romania 0.0836 compared to formal wage employees compare
  4. 34 Austria 0.0765 compared to formal wage employees compare
  5. 35 Serbia 0.0619 compared to formal wage employees compare
  6. 36 Paraguay 0.0507 compared to formal wage employees compare

See the full ranking of 54 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is public sector wage premium in Latvia?
Public sector wage premium in Latvia was 0.0806 compared to formal wage employees in 2018, according to the World Bank.
What is the highest public sector wage premium recorded in Latvia?
The highest recorded value was 0.2721 compared to formal wage employees in 2009.
What is the lowest public sector wage premium recorded in Latvia?
The lowest recorded value was 0.0405 compared to formal wage employees in 2016.
How does Latvia rank for public sector wage premium?
Latvia ranks 33rd out of 54 countries with data for 2018.
Is public sector wage premium rising or falling in Latvia?
Over the last ten years it is down 47.2%. 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 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).

About this data

Indicator
Public sector wage premium (compared to formal wage employees)
Unit
compared to formal wage employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
54 places, 658 data points, 2000–2021
Last refreshed