Bangladesh vs Latvia: Compensation of employees
Bangladesh
20.3%
in 2021
Latvia
19.2%
in 2023
Bangladesh rank
97th
Latvia rank
100th
Compensation of employees over time
- Bangladesh
- Latvia
How they compare
Bangladesh currently reports 20.3% against 19.2% in Latvia, a difference of 1.1%.
That makes Bangladesh's figure about 1.1 times Latvia's.
The two have swapped places 2 times across 21 shared years of data; in 2001 it was Bangladesh ahead.
Bangladesh ranks 97th and Latvia ranks 100th of 155 countries.
Bangladesh has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Bangladesh | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 24.0% | 19.8% | 4.2% | Bangladesh |
| 2010s | 22.8% | 16.9% | 5.9% | Bangladesh |
| 2020s | 21.4% | 17.9% | 3.5% | Bangladesh |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Bangladesh or Latvia?
- Bangladesh, at 20.3% against 19.2% in Latvia as of 2021.
- What is the difference in compensation of employees between Bangladesh and Latvia?
- 1.1%, with Bangladesh ahead.
- How many years of comparable data are there for Bangladesh and Latvia?
- 21 years are reported by both, from 2001 to 2021.
- How do Bangladesh and Latvia rank globally for compensation of employees?
- Bangladesh ranks 97th and Latvia ranks 100th of 155 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Compensation of employees (% of expense). 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.