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
Asset-backed pensions - main database — Employee contributions in Latvia, 2010–2024
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.
Asset-backed pensions - main database — Employee contributions in Latvia, year by year
| Year | Percentage change | Change |
|---|---|---|
| 2010 | -19.35 Percentage change | — |
| 2011 | 8.33 Percentage change | -143.1% |
| 2012 | -6.39 Percentage change | -176.7% |
| 2013 | 16.8 Percentage change | -362.9% |
| 2014 | 26.84 Percentage change | +59.7% |
| 2015 | 21.19 Percentage change | -21.1% |
| 2016 | 20.6 Percentage change | -2.8% |
| 2017 | 30.73 Percentage change | +49.2% |
| 2018 | -6.44 Percentage change | -121.0% |
| 2019 | 10.32 Percentage change | -260.3% |
| 2020 | 4.12 Percentage change | -60.1% |
| 2021 | 35.41 Percentage change | +760.0% |
| 2022 | -13.54 Percentage change | -138.2% |
| 2023 | 15.2 Percentage change | -212.3% |
| 2024 | 54.55 Percentage change | +258.9% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More public sector data for Latvia
- Government budget allocations for R&D — Government Allocations for R&D 245.5 US dollars, PPP converted (2024)
- Annual government non-financial accounts and key indicators -1,093 National currency (2025)
- Annual government non-financial accounts and key indicators (Revenue) 847.43 National currency (2025)
- Annual government non-financial accounts and key indicators 2,712 National currency (2025)
- Annual government non-financial accounts and key indicators (Revenue) 18,739 National currency (2025)
- Annual government non-financial accounts and key indicators 5,642 National currency (2025)
- NAAG Chapter 6: Government — Compensation of employees by general 13.1 Percentage of GDP (2025)
- Annual government expenditure by function (COFOG) — Gross fixed 2,561 National currency (2024)
- Annual government expenditure by function (COFOG) — Gross capital 2,714 National currency (2024)
- Annual government expenditure by function (COFOG) — Compensation of 5,333 National currency (2024)
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 1st out of 4 countries 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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CSV · JSON — 15 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
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.