Latvia vs Romania: Compensation of employees
Latvia
19.2%
in 2023
Romania
19.0%
in 2022
Latvia rank
100th
Romania rank
102nd
Compensation of employees over time
- Latvia
- Romania
How they compare
Latvia currently reports 19.2% against 19.0% in Romania, a difference of 0.2%.
The two have swapped places 8 times across 29 shared years of data; in 1994 it was Romania ahead.
Latvia ranks 100th and Romania ranks 102nd of 155 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Romania in 2.
Head to head by decade
| Decade | Latvia | Romania | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 19.7% | 19.6% | 0.1% | Latvia |
| 2000s | 19.7% | 18.5% | 1.2% | Latvia |
| 2010s | 16.9% | 17.1% | 0.2% | Romania |
| 2020s | 17.7% | 20.7% | 3.0% | Romania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Latvia or Romania?
- Latvia, at 19.2% against 19.0% in Romania as of 2023.
- What is the difference in compensation of employees between Latvia and Romania?
- 0.2%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Romania?
- 29 years are reported by both, from 1994 to 2022.
- How do Latvia and Romania rank globally for compensation of employees?
- Latvia ranks 100th and Romania ranks 102nd 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.