Asset-backed pensions - main database — Employee contributions in Latvia

Latvia: Asset-backed pensions - main database — Employee contributions was 54.55 Percentage change in 2024. ◆ Volatile

Latest (2024)
54.55 Percentage change
Change on year
up 258.9%
Rank
2nd
of 6 groups
All-time high
54.55 Percentage change
in 2024
All-time low
-19.35 Percentage change
in 2010
Years of data
15
2010–2024

Asset-backed pensions - main database — Employee contributions in Latvia, 2010–2024

-2002040602010201720242010: -19.4 Percentage change2011: 8.3 Percentage change2012: -6.4 Percentage change2013: 16.8 Percentage change2014: 26.8 Percentage change2015: 21.2 Percentage change2016: 20.6 Percentage change2017: 30.7 Percentage change2018: -6.4 Percentage change2019: 10.3 Percentage change2020: 4.1 Percentage change2021: 35.4 Percentage change2022: -13.5 Percentage change2023: 15.2 Percentage change2024: 54.5 Percentage change

Source: Organisation for Economic Co-operation and Development. Measured in Percentage change.

Analysis

Latvia recorded 54.55 Percentage change for asset-backed pensions - main database — employee contributions in 2024. That is the highest value across all 15 years on record.

The figure is up 258.9% on the previous year and up 103.2% over ten years.

Over the whole period, asset-backed pensions - main database — employee contributions in Latvia peaked at 54.55 Percentage change in 2024 and was at its lowest, -19.35 Percentage change, in 2010.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2010s 10.26 Percentage change -19.35 Percentage change 30.73 Percentage change 10
2020s 19.15 Percentage change -13.54 Percentage change 54.55 Percentage change 5

Countries ranked near Latvia

  1. 1 Indonesia 274.32 Percentage change compare
  2. 2 Romania 47.21 Percentage change compare
  3. 3 Malawi 41.49 Percentage change compare
  4. 4 Serbia 19.78 Percentage change compare
  5. 5 Kazakhstan 18.31 Percentage change compare

See the full ranking of 37 places →

More public sector data for Latvia

All data for Latvia →

Frequently asked questions

What is asset-backed pensions - main database — employee contributions in Latvia?
Asset-backed pensions - main database — employee contributions in Latvia was 54.55 Percentage change in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest asset-backed pensions - main database — employee contributions recorded in Latvia?
The highest recorded value was 54.55 Percentage change in 2024.
What is the lowest asset-backed pensions - main database — employee contributions recorded in Latvia?
The lowest recorded value was -19.35 Percentage change in 2010.
How does Latvia rank for asset-backed pensions - main database — employee contributions?
Latvia ranks 2nd out of 6 groups with data for 2024.
Is asset-backed pensions - main database — employee contributions rising or falling in Latvia?
Over the last ten years it is up 103.2%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Asset-backed pensions - main database — Employee contributions. Statizoid updates them automatically from the source API.

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Asset-backed pensions - main database — Employee contributions in Latvia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 18 August 2026, from https://public-sector.statizoid.com/stat/asset-backed-pensions-main-database-employee-contributions/latvia-2/

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About this data

Indicator
Asset-backed pensions - main database — Employee contributions
Unit
Percentage change
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
37 places, 495 data points, 1993–2024
Last refreshed

This database on asset-backed pensions is based on data collected through the OECD Global Pension Statistics exercise. Data come from various administrative sources, mainly: pension supervisory authorities, financial market authorities, ministries of finance, or national statistical offices. Data cover all asset-backed pension arrangements where assets are accumulated to back future benefit payments, except reserves of public (pay-as-you-go) pension arrangements. Asset-backed pension plans may be financed through different vehicles (such as pension funds, pension insurance contracts, bank or investment company managed funds), publicly or privately administered, mandatory or voluntary, occupational or personal, defined benefit (DB) or defined contribution (DC), for public or private-sector workers. Employers’ book reserves are also in the scope. This database includes various statistics and indicators on asset-backed pensions such as the amount of assets earmarked for retirement, the liabilities of pension providers, their revenues, their expenditure, the number of funds and plans, as well as plan membership. These statistics and indicators can be split by type of financing vehicle and type of plan.