Hungary vs Latvia: Compensation of employees
Hungary
19.1%
in 2022
Latvia
19.2%
in 2023
Hungary rank
101st
Latvia rank
100th
Compensation of employees over time
- Hungary
- Latvia
How they compare
Latvia currently reports 19.2% against 19.1% in Hungary, a difference of 0.1%.
The two have swapped places 1 time across 29 shared years of data; in 1994 it was Latvia ahead.
Hungary ranks 101st and Latvia ranks 100th of 155 countries.
Across the 4 decades both report, Hungary averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Hungary | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.2% | 19.7% | 9.5% | Latvia |
| 2000s | 13.2% | 19.7% | 6.5% | Latvia |
| 2010s | 16.5% | 16.9% | 0.4% | Latvia |
| 2020s | 19.2% | 17.7% | 1.5% | Hungary |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Hungary or Latvia?
- Latvia, at 19.2% against 19.1% in Hungary as of 2023.
- What is the difference in compensation of employees between Hungary and Latvia?
- 0.1%, with Latvia ahead.
- How many years of comparable data are there for Hungary and Latvia?
- 29 years are reported by both, from 1994 to 2022.
- How do Hungary and Latvia rank globally for compensation of employees?
- Hungary ranks 101st 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.
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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.