Latvia vs Papua New Guinea: Compensation of employees
Compensation of employees over time
- Latvia
- Papua New Guinea
How they compare
Latvia currently reports 2.86 billion current LCU against 2.33 billion current LCU in Papua New Guinea, a difference of 522.80 million current LCU.
That makes Latvia's figure about 1.2 times Papua New Guinea's.
The two have swapped places 1 time across 20 shared years of data; in 1994 it was Papua New Guinea ahead.
Latvia ranks 131st and Papua New Guinea ranks 134th of 156 countries.
Papua New Guinea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 294.11 million current LCU | 627.34 million current LCU | 333.23 million current LCU | Papua New Guinea |
| 2000s | 448.85 million current LCU | 727.61 million current LCU | 278.76 million current LCU | Papua New Guinea |
| 2010s | 1.45 billion current LCU | 2.36 billion current LCU | 906.34 million current LCU | Papua New Guinea |
| 2020s | 2.37 billion current LCU | 2.73 billion current LCU | 361.92 million current LCU | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Latvia or Papua New Guinea?
- Latvia, at 2.86 billion current LCU against 2.33 billion current LCU in Papua New Guinea as of 2024.
- What is the difference in compensation of employees between Latvia and Papua New Guinea?
- 522.80 million current LCU, with Latvia ahead.
- How many years of comparable data are there for Latvia and Papua New Guinea?
- 20 years are reported by both, from 1994 to 2024.
- How do Latvia and Papua New Guinea rank globally for compensation of employees?
- Latvia ranks 131st and Papua New Guinea ranks 134th of 156 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Compensation of employees (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.