SUT Use, Value added and its components by activity — Compensation of in Latvia

Latvia: SUT Use, Value added and its components by activity — Compensation of was 19,668 National currency in 2023. ▲ Rising

Latest (2023)
19,668 National currency
Change on year
up 10.1%
World rank
5th
of 6 countries
All-time high
19,668 National currency
in 2023
All-time low
7,566 National currency
in 2010
Years of data
14
2010–2023

SUT Use, Value added and its components by activity — Compensation of in Latvia, 2010–2023

05.0k10.0k15.0k20.0k2010201620232010: 7.6k National currency2011: 8.0k National currency2012: 8.8k National currency2013: 9.4k National currency2014: 10.1k National currency2015: 10.9k National currency2016: 11.6k National currency2017: 12.5k National currency2018: 13.9k National currency2019: 15.0k National currency2020: 15.1k National currency2021: 15.9k National currency2022: 17.9k National currency2023: 19.7k National currency

Source: Organisation for Economic Co-operation and Development. Measured in National currency.

Analysis

The most recent figure for sut use, value added and its components by activity — compensation of in Latvia is 19,668 National currency, measured in 2023. That is the highest value across all 14 years on record.

That represents a change of up 10.1% on the previous year and up 108.1% over ten years.

Over the whole period, sut use, value added and its components by activity — compensation of in Latvia peaked at 19,668 National currency in 2023 and was at its lowest, 7,566 National currency, in 2010.

The long-run direction has been consistently rising across the 14 years of available data.

SUT Use, Value added and its components by activity — Compensation of in Latvia, year by year

Annual values for SUT Use, Value added and its components by activity — Compensation of employees in Latvia, 2010 to 2023.
Year National currency Change
2010 7,566 National currency —
2011 8,039 National currency +6.2%
2012 8,753 National currency +8.9%
2013 9,449 National currency +8.0%
2014 10,096 National currency +6.8%
2015 10,883 National currency +7.8%
2016 11,609 National currency +6.7%
2017 12,515 National currency +7.8%
2018 13,910 National currency +11.1%
2019 14,971 National currency +7.6%
2020 15,051 National currency +0.5%
2021 15,869 National currency +5.4%
2022 17,872 National currency +12.6%
2023 19,668 National currency +10.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 10,779 National currency 7,566 National currency 14,971 National currency 10
2020s 17,115 National currency 15,051 National currency 19,668 National currency 4

Countries ranked near Latvia

  1. 2 Netherlands 489,436 National currency compare
  2. 2 Japan 295.34 million National currency compare
  3. 3 Slovenia 32,696 National currency compare
  4. 3 Croatia 30,410 National currency compare
  5. 3 Chile 114.60 million National currency compare
  6. 4 Lithuania 31,411 National currency compare
  7. 4 India 72.56 million National currency compare
  8. 5 Hungary 31.09 million National currency compare
  9. 6 Estonia 17,053 National currency compare
  10. 6 Costa Rica 17.80 million National currency compare
  11. 7 United States 15.05 million National currency compare
  12. 8 Cameroon 7.19 million National currency compare

See the full ranking of 46 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is sut use, value added and its components by activity — compensation of in Latvia?
Sut use, value added and its components by activity — compensation of in Latvia was 19,668 National currency in 2023, according to Organisation for Economic Co-operation and Development.
What is the highest sut use, value added and its components by activity — compensation of recorded in Latvia?
The highest recorded value was 19,668 National currency in 2023.
What is the lowest sut use, value added and its components by activity — compensation of recorded in Latvia?
The lowest recorded value was 7,566 National currency in 2010.
How does Latvia rank for sut use, value added and its components by activity — compensation of?
Latvia ranks 5th out of 6 countries with data for 2023.
Is sut use, value added and its components by activity — compensation of rising or falling in Latvia?
Over the last ten years it is up 108.1%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of SUT Use, Value added and its components by activity — Compensation of employees. Statizoid updates them automatically from the source API.

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SUT Use, Value added and its components by activity — Compensation of in Latvia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/sut-use-value-added-and-its-components-by-activity-compensation-of-employees/latvia-2/

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About this data

Indicator
SUT Use, Value added and its components by activity — Compensation of employees
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
46 places, 638 data points, 1993–2024
Last refreshed

The dataset contains the value added block of the Use table and complements the dataset “SUT Use at purchasers' prices”. It describes output, intermediate consumption (use of a product as input into a production process) and value added disaggregated to show the elements of the generation of income account: compensation of employees (wages and salaries paid to employees and their employers’ social contributions),other taxes less subsidies on production, gross operating surplus (business profits), and gross mixed income (profits of the self-employed), broken down by activity at the 2-digit level of the International Standard Industrial Classification of All Economic Activities (ISIC) Rev 4 (containing 89 industries). The dataset has been prepared from statistics reported to the OECD by countries in their answers to the annual Supply and Use questionnaire. Information about data availability is available in SUT updates The dataset corresponds to SNA_TABLE41 dataset in the previous dissemination system. A mapping between the new codes and previous codes is available in SUT_USEVA_Codes_mapping Historical data for Korea from 2015 to 2019 is available here Historical data forNorway from 2010 to 2021 is available here Japanese data from 2011 to 2021 according to 2015 benchmark year is available here The file SUT_Tips contains further suggestions on how to navigate and use the various Supply and Use tables (SUTs) in the new dissemination system. Explore the OECD SUT webpage SUT webpage