Asset-backed pensions - main database — Employer contributions in Latvia
Latvia: Asset-backed pensions - main database — Employer contributions was 16.37 Percentage change in 2024. ◆ Volatile
Asset-backed pensions - main database — Employer contributions in Latvia, 2010–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage change.
Analysis
Latvia recorded 16.37 Percentage change for asset-backed pensions - main database — employer contributions in 2024.
Compared with earlier readings it is up 18.1% on the previous year and up 181,978.0% over ten years.
Over the whole period, asset-backed pensions - main database — employer contributions in Latvia peaked at 21.14 Percentage change in 2020 and was at its lowest, -42.38 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 — Employer contributions in Latvia, year by year
| Year | Percentage change | Change |
|---|---|---|
| 2010 | -42.38 Percentage change | — |
| 2011 | 12.6 Percentage change | -129.7% |
| 2012 | -6.47 Percentage change | -151.4% |
| 2013 | 4.39 Percentage change | -167.9% |
| 2014 | -0.009 Percentage change | -100.2% |
| 2015 | 1.87 Percentage change | -20855.6% |
| 2016 | -0.825 Percentage change | -144.2% |
| 2017 | 4.81 Percentage change | -682.5% |
| 2018 | 14.74 Percentage change | +206.8% |
| 2019 | 2.04 Percentage change | -86.2% |
| 2020 | 21.14 Percentage change | +936.3% |
| 2021 | 16.47 Percentage change | -22.1% |
| 2022 | 15.31 Percentage change | -7.0% |
| 2023 | 13.86 Percentage change | -9.5% |
| 2024 | 16.37 Percentage change | +18.1% |
Biggest year-on-year movements
Years where Asset-backed pensions - main database — Employer contributions in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +20855.6% | -0.009 Percentage change | 1.87 Percentage change |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -0.9234 Percentage change | -42.38 Percentage change | 14.74 Percentage change | 10 |
| 2020s | 16.63 Percentage change | 13.86 Percentage change | 21.14 Percentage change | 5 |
Countries ranked near Latvia
- 1 Lithuania 25.64 Percentage change compare
- 1 Kazakhstan 258.27 Percentage change compare
- 2 Pakistan 95.68 Percentage change compare
- 3 Poland 12.21 Percentage change compare
- 3 Mauritius 51.42 Percentage change compare
- 4 Netherlands -3.72 Percentage change compare
- 4 Albania 30.96 Percentage change compare
- 5 Malawi 22.76 Percentage change compare
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 — employer contributions in Latvia?
- Asset-backed pensions - main database — employer contributions in Latvia was 16.37 Percentage change in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest asset-backed pensions - main database — employer contributions recorded in Latvia?
- The highest recorded value was 21.14 Percentage change in 2020.
- What is the lowest asset-backed pensions - main database — employer contributions recorded in Latvia?
- The lowest recorded value was -42.38 Percentage change in 2010.
- How does Latvia rank for asset-backed pensions - main database — employer contributions?
- Latvia ranks 2nd out of 4 countries with data for 2024.
- Is asset-backed pensions - main database — employer contributions rising or falling in Latvia?
- Over the last ten years it is up 181,978.0%. 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 — Employer contributions. Statizoid updates them automatically from the source API.
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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.