Chile vs Latvia: Compensation of employees
Chile
19.9%
in 2023
Latvia
19.2%
in 2023
Chile rank
98th
Latvia rank
100th
Compensation of employees over time
- Chile
- Latvia
How they compare
Chile currently reports 19.9% against 19.2% in Latvia, a difference of 0.7%.
The two have swapped places 8 times across 30 shared years of data; in 1994 it was Chile ahead.
Chile ranks 98th and Latvia ranks 100th of 155 countries.
Chile has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Chile | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 22.8% | 19.7% | 3.1% | Chile |
| 2000s | 20.9% | 19.7% | 1.2% | Chile |
| 2010s | 21.2% | 16.9% | 4.2% | Chile |
| 2020s | 18.8% | 18.1% | 0.7% | Chile |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Chile or Latvia?
- Chile, at 19.9% against 19.2% in Latvia as of 2023.
- What is the difference in compensation of employees between Chile and Latvia?
- 0.7%, with Chile ahead.
- How many years of comparable data are there for Chile and Latvia?
- 30 years are reported by both, from 1994 to 2023.
- How do Chile and Latvia rank globally for compensation of employees?
- Chile ranks 98th 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.