Quarterly compensation of employees by economic activity — Wages and in Latvia

Latvia: Quarterly compensation of employees by economic activity — Wages and was 18,389 National currency in 2025. ◆ Volatile

Latest (2025)
18,389 National currency
Change on year
up 6.5%
World rank
8th
of 9 countries
All-time high
18,389 National currency
in 2025
All-time low
1,207 National currency
in 1995
Years of data
31
1995–2025

Quarterly compensation of employees by economic activity — Wages and in Latvia, 1995–2025

05.0k10.0k15.0k20.0k1995201020251995: 1.2k National currency1996: 1.6k National currency1997: 1.9k National currency1998: 2.0k National currency1999: 2.1k National currency2000: 2.3k National currency2001: 2.5k National currency2002: 2.6k National currency2003: 3.0k National currency2004: 3.5k National currency2005: 4.6k National currency2006: 6.0k National currency2007: 8.5k National currency2008: 10.0k National currency2009: 7.3k National currency2010: 6.4k National currency2011: 6.7k National currency2012: 7.3k National currency2013: 7.8k National currency2014: 8.4k National currency2015: 9.1k National currency2016: 9.6k National currency2017: 10.3k National currency2018: 11.4k National currency2019: 12.2k National currency2020: 12.3k National currency2021: 13.0k National currency2022: 14.6k National currency2023: 16.0k National currency2024: 17.3k National currency2025: 18.4k National currency

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

Analysis

In 2025, quarterly compensation of employees by economic activity — wages and in Latvia stood at 18,389 National currency. That is the highest value across all 31 years on record.

The figure is up 6.5% on the previous year and up 102.7% over ten years.

Over the whole period, quarterly compensation of employees by economic activity — wages and in Latvia peaked at 18,389 National currency in 2025 and was at its lowest, 1,207 National currency, in 1995.

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

Quarterly compensation of employees by economic activity — Wages and in Latvia, year by year

Annual values for Quarterly compensation of employees by economic activity — Wages and salaries in Latvia, 1995 to 2025.
Year National currency Change
1995 1,207 National currency
1996 1,607 National currency +33.2%
1997 1,886 National currency +17.4%
1998 2,036 National currency +7.9%
1999 2,148 National currency +5.5%
2000 2,267 National currency +5.6%
2001 2,457 National currency +8.4%
2002 2,622 National currency +6.7%
2003 3,022 National currency +15.3%
2004 3,511 National currency +16.2%
2005 4,618 National currency +31.5%
2006 5,977 National currency +29.4%
2007 8,489 National currency +42.0%
2008 9,960 National currency +17.3%
2009 7,304 National currency -26.7%
2010 6,414 National currency -12.2%
2011 6,670 National currency +4.0%
2012 7,264 National currency +8.9%
2013 7,824 National currency +7.7%
2014 8,406 National currency +7.4%
2015 9,074 National currency +7.9%
2016 9,579 National currency +5.6%
2017 10,334 National currency +7.9%
2018 11,422 National currency +10.5%
2019 12,215 National currency +6.9%
2020 12,291 National currency +0.6%
2021 12,967 National currency +5.5%
2022 14,597 National currency +12.6%
2023 15,996 National currency +9.6%
2024 17,266 National currency +7.9%
2025 18,389 National currency +6.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,777 National currency 1,207 National currency 2,148 National currency 5
2000s 5,023 National currency 2,267 National currency 9,960 National currency 10
2010s 8,920 National currency 6,414 National currency 12,215 National currency 10
2020s 15,251 National currency 12,291 National currency 18,389 National currency 6

Countries ranked near Latvia

  1. 5 Netherlands 429,858 National currency compare
  2. 5 Czechia 2.88 million National currency compare
  3. 6 Lithuania 41,346 National currency compare
  4. 6 Sweden 2.59 million National currency compare
  5. 7 Germany 2.03 million National currency compare
  6. 7 Slovenia 31,854 National currency compare
  7. 8 Norway 1.86 million National currency compare
  8. 9 Estonia 15,850 National currency compare
  9. 9 Denmark 1.46 million National currency compare
  10. 10 Canada 1.41 million National currency compare
  11. 11 United Kingdom of Great Britain and Northern Ireland 1.23 million National currency compare

See the full ranking of 37 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is quarterly compensation of employees by economic activity — wages and in Latvia?
Quarterly compensation of employees by economic activity — wages and in Latvia was 18,389 National currency in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest quarterly compensation of employees by economic activity — wages and recorded in Latvia?
The highest recorded value was 18,389 National currency in 2025.
What is the lowest quarterly compensation of employees by economic activity — wages and recorded in Latvia?
The lowest recorded value was 1,207 National currency in 1995.
How does Latvia rank for quarterly compensation of employees by economic activity — wages and?
Latvia ranks 8th out of 9 countries with data for 2025.
Is quarterly compensation of employees by economic activity — wages and rising or falling in Latvia?
Over the last ten years it is up 102.7%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Quarterly compensation of employees by economic activity — Wages and salaries. Statizoid updates them automatically from the source API.

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Quarterly compensation of employees by economic activity — Wages and in Latvia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 11 September 2026, from https://economy.statizoid.com/stat/quarterly-compensation-of-employees-by-economic-activity-wages-and-salaries/latvia-2/

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About this data

Indicator
Quarterly compensation of employees by economic activity — Wages and salaries
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
37 places, 1,147 data points, 1980–2025
Last refreshed

This table presents compensation of employees by main economic activity following the high-level categories in the International Standard Industrial Classification of All Economic Activities (ISIC), Revision 4. The components of compensation of employees, wages and salaries and employers’ social contributions, are also broken down by main economic activity. Data is presented for each country in national currency as well as in euros for the European Union (27 countries) and the euro area (21 countries). In this table, the presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. These indicators were presented in the previous dissemination system in the QNA dataset. See User Guide on Quarterly National Accounts (QNA) in OECD Data Explorer: QNA User guide See QNA Calendar for information on advance release dates: QNA Calendar See QNA Changes for information on changes in methodology: QNA Changes See QNA TIPS for a better use of QNA data: QNA TIPS Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org