Data on purchasing power of employed and pensioners give information on goods, which a pensioner or employed could purchase, if using all monetary means to acquire one good.

Definitions

The amount of goods (in kilograms, litres, pieces and other units) an employed person would be able to buy if he/she used up his/her net monthly wages and salaries solely for the acquisition of a certain kind of product.

The amount of goods (in kilograms, litres, pieces and other units) an old age pensioner would be able to buy if he/she used up his/her average monthly old age pension paid solely for the acquisition of a certain kind of product.

Data availability

Dissemination format and Release calendar

Customised data sets

If you would like to obtain statistical data that are not available in publications or in the CSB online data base, please send us an information request:
 - postal mail: 1 Lāčplēša Street, Riga, Latvia, LV-1301;
 - e-mail: info [at] csb [dot] gov [dot] lv;
 - visiting Information centre.

Read more

Data collection

Survey method and source data

Survey on purchasing power of employed is based on CSB quarterly reports on activities of commercial companies, individual merchants, institutions, foundations, associations and funds (2-Labour, 3-Labour), administrative data sources and CSB sample survey on consumption.

Survey on purchasing power of pensioners is based on the data of the Ministry of Welfare Social Insurance Agency annual report “Report on number of pension and benefit recipients, average amount of pensions and benefits paid and total expenditure during the reference period” and results of the CSB sample survey on consumer prices.

Statistical processing

Calculation methods

The purchasing power of employed is calculated by dividing the monthly average net wage and salary by the average retail price of one commodity unit.

The purchasing power of pensioners is calculated by dividing the average monthly old age pension paid by the average retail price of one commodity unit.

Data revision

The published data will not be adjusted.

Comparability

Comparability over time

Data on purchasing power of pensioners and employed are available since 1995.

Confidentiality

Confidentiality of the information provided by respondents is protected by the Section 17 of the Statistics Law stipulating rights and obligations of the Central Statistical Bureau of Latvia and other state authorities producing official statistics. Read more

Contact persons on methodology

Name Surname Phone number Position Email
Lija Luste 67366917 daļas vadītājs Lija.Luste@csb.gov.lv

Last update

02.04.2014

Average and real monthly wages and salaries

Number of pension and state social benefit recipients

Explanation of symbols

-

Magnitude zero

0

Less than half of the unit employed

...

Data not available or too uncertain for presentation

X

Figure not applicable because column heading and stub line make entry impossible, absurd or meaningless

.

Data not released for confidentiality reasons

If data are absolute numbers

0

Magnitude zero