Relative wage of Professionals (using clerk as reference) in private s in Latvia

Latvia: Relative wage of Professionals (using clerk as reference) in private s was 1.86 in 2018. ▼ Falling

Latest (2018)
1.86
Change on year
up 8.9%
World rank
17th
of 58 countries
All-time high
1.98
in 2008
All-time low
1.61
in 2014
Years of data
12
2007–2018

Relative wage of Professionals (using clerk as reference) in private s in Latvia, 2007–2018

00.511.522007201220182007: 1.82008: 22009: 1.92010: 22011: 1.82012: 1.82013: 1.72014: 1.62015: 1.72016: 1.72017: 1.72018: 1.9

Source: World Bank.

Analysis

In 2018, relative wage of professionals (using clerk as reference) in private s in Latvia stood at 1.86.

The figure is up 8.9% on the previous year and down 6.1% over ten years.

Over the whole period, relative wage of professionals (using clerk as reference) in private s in Latvia peaked at 1.98 in 2008 and was at its lowest, 1.61, in 2014.

That places Latvia 17th out of 58 countries with data for 2018, putting it in the middle of the range.

The long-run direction has been consistently falling across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.89 1.79 1.98 3
2010s 1.76 1.61 1.95 9

Countries ranked near Latvia

  1. 14 Namibia 1.89 compare
  2. 15 Colombia 1.87 compare
  3. 16 Panama 1.86 compare
  4. 18 France 1.83 compare
  5. 19 Poland 1.83 compare
  6. 20 Ecuador 1.83 compare

See the full ranking of 58 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is relative wage of professionals (using clerk as reference) in private s in Latvia?
Relative wage of professionals (using clerk as reference) in private s in Latvia was 1.86 in 2018, according to the World Bank.
What is the highest relative wage of professionals (using clerk as reference) in private s recorded in Latvia?
The highest recorded value was 1.98 in 2008.
What is the lowest relative wage of professionals (using clerk as reference) in private s recorded in Latvia?
The lowest recorded value was 1.61 in 2014.
How does Latvia rank for relative wage of professionals (using clerk as reference) in private s?
Latvia ranks 17th out of 58 countries with data for 2018.
Is relative wage of professionals (using clerk as reference) in private s rising or falling in Latvia?
Over the last ten years it is down 6.1%. The long-run trend across the full record is falling.
Where does this Latvia data come from?
The figures come from the World Bank, published as part of Relative wage of Professionals (using clerk as reference) in private sector. 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
Relative wage of Professionals (using clerk as reference) in private sector
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
58 places, 672 data points, 2000–2021
Last refreshed