Kuwait vs Latvia: Compensation of employees

Kuwait
2.47 billion current LCU
in 2006
Latvia
2.86 billion current LCU
in 2024
Kuwait rank
133rd
Latvia rank
131st

Compensation of employees over time

  • Kuwait
  • Latvia
01.0B2.0B3.0B197219982024

How they compare

Latvia currently reports 2.86 billion current LCU against 2.47 billion current LCU in Kuwait, a difference of 390.10 million current LCU.

That makes Latvia's figure about 1.2 times Kuwait's.

Across all 11 years both countries report, Kuwait has been ahead every year.

Globally, Kuwait ranks 133rd and Latvia ranks 131st of 156 countries.

Individual pages

About this data

Indicator
Compensation of employees (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
156 places, 4,496 data points, 1972–2024
Last refreshed

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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.