Wage bill as a percentage of GDP in Latvia
Latvia: Wage bill as a percentage of GDP was 8.2% in 2022. β² Rising
Latest (2022)
8.2%
Change on year
down 8.8%
World rank
94th
of 190 countries
All-time high
10.0%
in 2009
All-time low
5.6%
in 2006
Years of data
21
2002β2022
Wage bill as a percentage of GDP in Latvia, 2002β2022
Source: World Bank.
Analysis
Latvia recorded 8.2% for wage bill as a percentage of gdp in 2022.
Compared with earlier readings it is down 8.8% on the previous year and up 9.0% over ten years.
Over the whole period, wage bill as a percentage of gdp in Latvia peaked at 10.0% in 2009 and was at its lowest, 5.6%, in 2006.
That places Latvia 94th out of 190 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.2% | 5.6% | 10.0% | 8 |
| 2010s | 8.2% | 7.5% | 8.6% | 10 |
| 2020s | 8.8% | 8.2% | 9.2% | 3 |
Countries ranked near Latvia
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 wage bill as a percentage of gdp in Latvia?
- Wage bill as a percentage of gdp in Latvia was 8.2% in 2022, according to the World Bank.
- What is the highest wage bill as a percentage of gdp recorded in Latvia?
- The highest recorded value was 10.0% in 2009.
- What is the lowest wage bill as a percentage of gdp recorded in Latvia?
- The lowest recorded value was 5.6% in 2006.
- How does Latvia rank for wage bill as a percentage of gdp?
- Latvia ranks 94th out of 190 countries with data for 2022.
- Is wage bill as a percentage of gdp rising or falling in Latvia?
- Over the last ten years it is up 9.0%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).