On changes of prices and wages in 3rd quarter of 2006

01.12.2006

The data of Central Statistical Bureau show that the average monthly gross wages in the 3rd quarter of 2006 reached 304.91 lats, which is by 22.8% more than in the 3rd quarter of 2005. The most wages increase was in private sector – 24.1%. The increase in public sector1) was 21.9%.

The monthly net wages in the country within this period increased by 23.0% and reached 218.24 lats. The actual growth of wages 2) in the 3rd quarter of 2006, in comparison with the 3rd quarter of 2005, was 15.4%.

When considering data by the largest branches, the most rapid growth of monthly gross wages in the 3rd quarter of 2006, in comparison with the 3rd quarter of the preceding year, was in mining and quarrying – from 258 to 353 lats, or by 37%, construction – from 222 lats to 299 lats, or by 35%, as well as in health and social care – from 240 lats to 300 lats, or by 25%.

Under the regions of Latvia, the gross wages within the same period have grown most rapidly in Pieriga region – by 26.0%, and in Riga – by 23.8%, but the slowest growth was in Latgale region – by 19.3%.

Average monthly wages
(in lats)

3rd quarter of 2005

1st quarter of 2006

2nd quarter of 2006

3rd quarter of 2006

Increase of 3rd quarter 2006 against 3rd quarter 2005, %

Total in country

gross wages

248.21

268.59

292.00

304.91

22.8

of which regular payments 3)

230.85

249.89

267.20

281.10

21.8

net wages

177.40

192.60

209.04

218.24

23.0

including:

public sector 1)

gross wages

283.27

300.99

337.72

345.44

21.9

of which regular payments 3)

255.50

281.51

298.13

309.47

21.1

net wages

201.75

215.40

241.15

246.66

22.3

budget institutions

gross wages

267.90

283.98

319.78

326.95

22.0

of which regular payments 3)

241.35

266.07

277.96

287.54

19.1

net wages

190.91

203.50

228.69

233.47

22.3

state and municipal commercial companies

gross wages

311.98

332.74

371.88

380.56

22.0

of which regular payments 3)

281.93

310.34

336.56

351.11

24.5

net wages

221.99

237.62

264.86

271.72

22.4

private sector

gross wages

229.06

251.47

267.96

284.22

24.1

of which regular payments 3)

217.36

233.10

250.86

266.48

22.6

net wages

164.11

180.55

192.16

203.75

24.2

Average monthly wages by forms of activity
(in lats)

3rd quarter of 2005

3rd quarter of 2006

gross wages

of which regular payments3)

net wages

gross wages

of which regular payments3)

net wages

Total

248.21

230.85

177.40

304.91

281.10

218.24

Agriculture, hunting, and forestry

215.63

201.19

155.92

257.29

238.87

185.86

Fishery

156.15

153.82

113.64

167.57

164.09

122.70

Manufacturing – total

241.84

225.36

173.74

298.02

277.58

214.77

including:

  mining and quarrying

258.22

249.08

182.58

352.95

339.07

252.22

  processing

225.48

215.33

161.85

277.70

262.16

200.20

  electric power, gas, and water supply

395.52

317.03

285.97

489.39

419.04

352.30

Construction

222.38

215.20

158.45

299.43

284.01

213.37

Wholesale and retail trade; repair of motor vehicles, motorcycles, personal and household goods

196.66

186.71

141.97

245.98

231.37

177.07

Hotels and restaurants

156.58

151.45

113.09

192.88

184.19

139.87

Transport, warehousing, and telecommunications

291.14

264.85

206.99

336.31

310.97

240.51

including:

  surface transport; pipeline transport

243.16

214.16

171.87

288.90

264.28

207.10

  water transport

944.51

898.12

784.48

901.51

866.19

734.31

  air transport

855.73

819.84

597.24

1009.51

998.08

711.56

  auxiliary and supporting transport activities; operation of tourism agencies

339.33

321.40

238.14

366.24

344.28

257.62

  mail and telecommunications

313.29

287.56

223.87

372.87

340.03

266.97

Financial intermediation

556.98

513.21

393.11

662.71

597.91

468.25

Operations with real estate, lease, computer services, science, and other commercial services

265.06

248.24

188.44

335.22

309.18

237.85

Public administration and defence; compulsory social insurance

347.04

293.12

245.76

421.20

337.91

298.14

Education

233.11

224.30

166.75

279.85

268.09

201.76

Health and social care

240.45

233.69

171.23

300.27

292.17

213.94

Public, social, and individual services

208.98

194.88

149.37

256.17

238.41

183.36

of which recreation, culture, and sports

204.43

189.72

145.50

257.48

238.22

183.45

Average monthly wages by regions
(in lats) latos

3rd quarter of 2005

1st quarter of 2006 2)

2nd quarter of 2006

3rd quarter of 2006

Increase of 3rd quarter 2006 against 3rd quarter 2005, %

Total in country

gross wages

248.21

268.59

292.00

304.91

22.8

of which regular payments 3)

230.85

249.89

267.20

281.10

21.8

net wages

177.40

192.60

209.04

218.24

23.0

including:

Riga

gross wages

282.80

308.89

335.37

350.01

23.8

of which regular payments 3)

258.98

281.94

301.54

317.87

22.7

net wages

201.01

220.17

238.75

249.20

24.0

Pieriga region

gross wages

230.90

253.29

277.54

290.95

26.0

of which regular payments 3)

219.90

240.02

260.27

274.73

24.9

net wages

165.37

181.47

198.23

208.06

25.8

Vidzeme region

gross wages

197.75

210.55

227.95

237.61

20.2

of which regular payments 3)

189.01

204.33

215.46

227.09

20.1

net wages

142.85

153.30

165.11

172.55

20.8

Kurzeme region

gross wages

209.66

220.14

239.41

251.97

20.2

of which regular payments 3)

200.07

211.39

226.57

237.99

19.0

net wages

150.85

159.88

173.89

181.99

20.6

Zemgale region

gross wages

201.27

216.63

234.79

243.44

21.0

of which regular payments 3)

192.42

208.98

221.68

230.56

19.8

net wages

145.74

157.05

170.45

176.13

20.9

Latgale region

gross wages

180.00

190.05

205.35

214.81

19.3

of which regular payments 3)

171.69

183.79

192.92

200.95

17.0

net wages

131.11

138.85

149.44

156.47

19.3

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1) The public sector is made up by state and municipal institutions and commercial companies, as well as commercial companies with state or municipal share 50% and more, funds, societies, and establishments, and their commercial companies. Information was indicated without societies and funds and their commercial companies.

2) Calculated by dividing the growth rate of monthly average net wages in per cent by growth rate of consumption prices in per cent x 100 – 100.

3) Not including irregular payment for work not calculated monthly – quarterly and annually bonuses, holiday bonuses, 13th salary, etc., as well as leave fringe benefits, leave benefits, and compensation for not used leave.

Prepared by Wages Statistics Section
of Social Statistics Department
Phone 7366666
Ervins Rekke