bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Tuesday 17.10.2017 | Name days: Karīna, Gaits
LatviaLatvia

Remuneration grows 20 lats in year's time

FaceBook
Twitter
Draugiem
print
(+1 rating, 1 votes)

Having climbed last year, remuneration in Latvia kept growing also in early 2011, according to the Central Statistical Bureau.

Baltic news, News from Latvia, BNN-NEWS.COM, BNN-NEWS.RUIf comparing with the 1st quarter of a year before, monthly average gross wages and salaries climbed 20 lats (4.6%) in the 1st quarter of 2011, totalling LVL 452. Public sector remuneration rose 6.4% (from LVL 446 to LVL 474), of which in the government sector by 7.6% (from LVL 410 to LVL 441), but in the private sector – 3.6% (from LVL 421 to LVL 436).

Net wages and salaries surged 4.1% from LVL 308 up to LVL 320).

Compared with the 4th quarter of 2010, monthly average gross wages and salaries shrank LVL 3 or 0.7%, namely, 2.7% (from LVL 487 to LVL 474) in the public sector and 0.7% (from LVL 433 to LVL 436) in the private sector.

When comparing with the exact period of 2010, the most significant growth of monthly average remuneration in the 1st quarter of 2011 was registered in following sectors: education – 9.3%, other service activities and real estate activities – 8.7%, electricity, gas, steam and air conditioning supply as well as accommodation and food service activities – 8.1%, and agriculture, forestry and fishing – 7.1%.

Whereas, wages and salaries dropped in mining and quarrying (1.2%) as well as in transport and storage sector and construction (0.5%).

Growth of wages salaries in electricity, gas, steam and air conditioning supply was, first and foremost, affected by the increasing irregular payments (mainly premiums), regular wages and salaries in this sector rose only 0.9%.

Data on the Baltic States suggests, if compared to the same period of 2010, the average monthly gross wages and salaries in the 1st quarter of 2011 grew in all three countries, with the most considerable increases observed in Latvia where there average monthly gross remuneration increased 4.6% (from EUR 614 to EUR 642), followed by Estonia (from EUR 758 to EUR 792) and Lithuania (from EUR 588 to EUR 600).


Leave a reply

  1. Bub says:

    But at least it is something…

    Thumb up 0 Thumb down 0

Antāne: Saeima’s National Economy Committee has heard the transit industry’s cry

Inga Antāne, president of Baltic Association – Transport and Logistics, is satisfied with the decision that was made at the recent meeting of Saeima’s Economic, Agricultural, Environmental and Regional Policy Committee, asking the Transport Ministry to develop and present a sustainable development strategy for the industry and putting an emphasis on raising the competitiveness of railway tariffs.

Latvian’s attitude towards combating cancer in late stages seems irresponsible

The attitude towards combating cancer in late stages in Latvia remains very low, says former healthcare minister of Latvia Ingrīda Circene.

Hydrogen-powered transport technology – a reality in Latvia

There are plans to establish a hydrogen refuelling station in Riga before the end of 2017. A publicly available H2 refuelling station in Riga would secure an inter-state network of hydrogen refuelling stations: the closest other station will be established in Pernava, says Association Zero Emission Mobility Support chairman Arnis Bergs.

Estonian ministry to collect 270 000 euros from IT company over failure to build information system

Tieto Estonia, the Estonian branch of Finnish IT firm group Tieto will compensate the Estonian Ministry of Social Affairs 270,000 euros for the failure of the SKAIS2 project, the aim of which was the development of a new information system for the Estonian social insurance authority, but was deemed a failure in August.

Latvia invites Iran to act constructively to ensure security

Latvian Foreign Affairs Minister Edgars Rinkēvičs participated in a meeting of the EU Foreign Affairs Council in Luxembourg, where he discussed about the role of Iran in the region and the Joint Comprehensive Plan of Action in light of the upcoming report from US President Donald Trump to the Congress on Iran’s progress realizing the plan.

Vigil held in Malta over killing of investigative journalist

Several thousand people in Malta have taken part in a vigil held after news broke of the killing of an investigative journalist, who blamed Maltese government for corruption.

American exchange indexes reach record-high values; oil prices on the rise

In response to price rise of bank stocks, three leading indexes of US exchanges reached new record heights on Monday, 16 October. In addition, US Federal Reserve System manager Janet Yellen’s prediction regarding a soon inflation rise has increased confidence that base interest rate will increase in December.

54.14% more alcohol exported from Latvia; most of it to Russia

In the first eight months of 2017, a total of 102.259 million litres of alcoholic drinks was exported from Latvia, which is 54.14% more when compared with the same period of last year.

In pictures: Ireland hit by worst storm in 50 years

Three people have been killed in Ireland in the storm Ophelia, which cut off electricity networks to 120 000 homes and businesses in the country. Gusts of wind in Ireland on Monday, October 16, had reached the speed of 44 metres per second.

Tragic wildfires in Portugal and Spain

No less than 30 people have died in wildfires in Portugal and Spain.

Ašeradens to leave Latvian government at the end of November

Latvian Economy Minister Arvils Ašeradens intends to leave the government after approval of the 2018 budget in the Saeima, which is scheduled for the end of November, as confirmed by Prime Minister Māris Kučinskis.

Islamic extremists blamed for tragic terrorist attack in Somalia

The death-toll in a tragic terror attack in the eastern African state of Somalia has reached 320 people and local authorities have stated that a key member of the cell that allegedly launched the attack on Mogadishu has told them that al-Shabaab was responsible for the crime.

Rīgas namu pārvaldnieks gets new management

From now on Rīgas namu pārvaldnieks will have a new chairman: once the head of Latio Namsaimnieks has been appointed as the new head of the company. The other vacant post has been given to Ardis Pāvilsons.

Catalonia misses ultimatum deadline, Spanish government vows to act after Thursday

The separatist Spainish region of Catalonia has missed the deadline to clarify, if it has declared independence and Madrid has received a letter from the President of the autonomous region, which still needs analysis.

What will be the consequences for companies that cheated with electricity production permits

Businesses that were caught using fake permits for electricity production in mandatory procurements will not have their permits extended, says Latvian Economy Minister Arvils Ašeradens.

Latvian tourist accommodation facilities experience increase of overnight guests

The number of nights tourists and other guests spent in Latvian hotels and other tourist accommodation facilities in the first eight months of 2018 has grown 12.2% in comparison with the same period of last year, reaching 3.524 million.

Antāne: transit industry has been on thin ice lately

«The transit industry has been on thin ice lately. Russia’s decision to divert all cargoes to its ports will only smash the ice. The government and state policy-makers have two choices – wait for the ice to break completely and watch the industry drown until finally stepping in, or act now to at least reduce the crisis for the country’s national economy, workers and their families,» says President of Baltic Association – Transit and Logistics Inga Antāne.

Kučinskis evasive in evaluation of Unity’s Economy Minister candidates

Latvian Prime Minister Māris Kučinskis remains evasive when it comes to assessing Unity’s Economy Minister candidates.

Amid alleged harassment scandal, Rõivas leaves post in Riigikogu

The former head of Estonian government Taavi Rõivas, who has been pointed to as allegedly having groped a woman during a visit to Singapore, has denied the claims, but has nevertheless decided to leave the of the second deputy speaker of the Estonian parliament.

De Facto: only one person was convicted of corruption in politics by KNAB in 15 years

In the past fifteen years, Corruption Prevention and Combating Bureau completed only one political corruption case, as concluded by De Facto programme of LTV.

Centre party victorious in Estonian local government elections

In the Estonian municipal election, held on October 15, the largest overall support has been won by Centre Party that is also the ruling party in Estonian central government.

Week to kick off warm in Latvia; weather to become colder down the line

At the beginning of the week, several cyclones will pass over Scandinavia. Cyclones will also dictate weather in Latvia. Atmospheric fronts will pass over the country multiple times throughout the week. Nevertheless, the sun will appear every now and then, as reported by State Environment, Geology and Meteorology Centre.

CEO of Samsung Electronics resigns, citing unprecedented difficulties

At the world's second largest electronics firm Samsung Electronics, its co-chief executive officer Kwon Oh-hyun has stepped down, pointing to management problems in the massive South Korean company.

Accreditation fees for sign language interpreter programmes may be reduced in Latvia

Latvian Welfare Ministry intends to work with Education and Science Ministry to find a solution for the situation with accreditation fees in the existing sign language interpreter programme, as reported by Welfare Ministry’s representative Aiga Ozoliņa.

Austrian government expected to be headed by 31-year old Kurz

In the Austrian parliamentary election, held on Sunday, October 15, victory is projected to the right-wing Austrian People's Party and its leader Sebastian Kurz could be become Europe's youngest head of government.

Newest comments