On changes of wages and salaries in 3rd quarter of 2011

01.12.2011

According to the data of the Central Statistical Bureau (CSB), in the 3rd quarter of 2011 the average monthly gross wages and salaries in the country comprised LVL 467, and it is LVL 19 or 4.3% more, if compared to the 3rd quarter of 2010.

During this time period the wages and salaries in public sector grew by 3.7% (from LVL 475 to LVL 493), of which in general government sector by 3.6% (from LVL 438 to LVL 454), but in private sector the rise comprised 5.0% (from LVL 430 to LVL 452).

Changes of average monthly gross wages and salaries by sector
(% over corresponding period of previous year)

If compared to the 2nd quarter, the average monthly gross wages and salaries in the 3rd quarter of this year increased by LVL 3 or 0.6%. In private sector the growth constituted 1.9% (from LVL 443 to LVL 452), but in public sector wages and salaries diminished by 1.0% (from LVL 497 to LVL 493).

The calculated fund of wages and salaries in the country as a whole during a year has risen more rapidly then the number of employees. Number of employees, recalculated at full time units used for the calculation of average monthly wages and salaries, in the 3rd quarter of this year, if compared to the 3rd quarter of previous year, increased by 4.3% or 28.1 thousand persons, but fund of wages and salaries - by 8.8% or LVL 76.3 million.

In comparison with the 2nd quarter, the number of employees grew by 2.3% or 15.2 thousand persons, but the fund of wages and salaries – by 3.0% or LVL 27.2 million.

Average monthly gross wages and salaries by sector (LVL)

 

Q1 2010

Q2 2010

Q3 2010

Q1 2011*

Q2 2011*

Q3 2011

Changes, %

Q1 2011

over

Q1 2010*

Q2 2011 over

Q2 2010*

Q3 2011 over

Q3 2010

Q3 2011 over

Q2 2011

Total

432

444

448

450

464

467

4.3

4.4

4.3

0.6

Private sector

421

423

430

435

443

452

3.3

4.7

5.0

1.9

Public sector

446

474

475

474

497

493

6.3

4.9

3.7

-1.0

of which:

 

 

 

 

 

 

 

 

 

 

General government sector

410

436

438

441

458

454

7.4

5.1

3.6

-1.0

If compared to the corresponding time period of the previous year, the rise of wages and salaries in the 3rd quarter of 2011 was recorded in all sectors of national economy. The most rapid increase of the average monthly gross wages and salaries was observed in agriculture, forestry and fishing (by 9.2%), in other service activities (this section includes activities of public and other organisations; repair of computers and personal and household goods; washing and (dry-)cleaning; hairdressing and other beauty treatment; funeral and related activities) ( by 8.1%), in real estate activities (by 8.0%), in construction (by 6.8%), and in wholesale and retail trade (by 6.4%).

The lowest growth was recorded in education, as well as in electricity, gas, steam and air conditioning supply (by 0.2%, respectively), in mining and quarrying (by 0.5%), and in transport and storage sector (by 0.8%).

In comparison with the 2nd quarter of this year, the most notable increase was observed in electricity, gas, steam and air conditioning supply (by 10.3%). It may be explained with the payment of bonuses to the employees of this sector.

Average monthly gross wages and salaries by main kind of economic activity
(LVL)

 

Q1
2010

Q2
2010

Q3
2010

Q1 2011*

Q2
2011*

Q3
2011

Changes, %

Q1 2011

over Q1 2010*

Q2 2011

over Q2   2010*

Q3 2011

over Q3 2010

Q3 2011

over Q2 2011

Total

432

444

448

450

464

467

4.3

4.4

4.3

0.6

Agriculture, forestry and fishing

392

403

424

422

441

463

7.6

9.5

9.2

5.1

Mining and quarrying

513

503

500

511

524

502

-0.5

4.1

0.5

-4.1

Manufacturing

391

403

412

408

423

432

4.4

4.9

4.9

2.2

Electricity, gas, steam and air conditioning supply

575

639

739

622

672

741

8.2

5.2

0.2

10.3

Water supply; sewerage, waste management, and remediation activities

429

451

454

455

491

479

6.0

8.7

5.5

-2.4

Construction

426

405

418

420

429

446

-1.4

5.9

6.8

4.0

Wholesale and retail trade, repair of motor vehicles and motorcycles

364

365

370

379

386

393

4.0

5.7

6.4

1.9

Transport and storage

484

511

497

481

511

501

-0.5

0.0

0.8

-1.9

Accommodation and food service activities

275

286

291

296

300

303

8.0

5.0

4.1

0.8

Information and communication

752

733

752

768

762

790

2.2

4.0

5.0

3.6

Financial and insurance activities

920

949

927

954

971

959

3.7

2.3

3.4

-1.3

Real estate activities

363

369

369

395

396

399

9.0

7.4

8.0

0.5

Professional, scientific and technical activities

561

571

586

576

597

596

2.6

4.7

1.7

-0.3

Administrative and support service activities

405

419

414

419

427

432

3.6

1.8

4.3

1.1

Public administration and defence; compulsory social security

500

509

516

530

539

544

6.0

5.8

5.6

1.1

Education

362

397

398

394

410

399

9.0

3.3

0.2

-2.7

Health and social work

402

421

418

421

447

442

4.8

6.1

5.6

-1.2

Arts, entertainment and recreation

368

369

366

378

396

385

2.7

7.4

5.4

-2.7

Other service activities

349

348

358

375

372

386

7.5

6.9

8.1

3.9

Comparison of the wage and salary changes in the Baltic States during a year shows that the highest rise of wages and salaries was recorded in Estonia (of 6.6%) (from EUR 759 to EUR 809), but in Latvia the growth comprised 3.4% (from EUR 637 to EUR 664), and in Lithuania - 1.6% (from EUR 603 to EUR 613).

More information on wages and salaries in Latvia is available in the CSB data base.

 

Prepared by the Wage Statistics Section
Lija Luste
Tel. 67366917


Explanations

Public sector is central and local government institutions and commercial companies, commercial companies with central or local government capital participation 50% and over, as well as foundations, associations and funds, and their commercial companies. The information does not include the data on foundations, associations and funds and their commercial companies.

According to the European System of Accounts (ESA 95) the general government sector includes central and local government institutions, the social security fund, enterprises controlled and financed by the central and local governments.

The changes of average monthly wages and salaries in percent are calculated as rounded values, i.e., considering the value in santims.

* Data are revised: The indicators of the 1st and 2nd quarters of 2011 were recalculated taking into account the latest information received from microenterprises (microenterprise tax payers) in private sector, as well as revising the calculated sum of the leave payments in education section of the public sector in breakdown by months.