At the end of 2022, 376 employees worked at Latvijas Banka, including 15 employees with a fixed-term employment contract (at the end of 2021 – 380 employees, 10 of whom had a fixed-term employment contract). At the end of 2022, 56% of Latvijas Banka’s employees were men and 44% were women (at the end of 2021, 55% and 45% respectively), 62% of all managers were men and 38% were women (at the end of 2021 – 69% and 31% respectively). A Counsellor of Latvijas Banka worked at the Permanent Representation of the Republic of Latvia to the EU in 2022.

As in previous years, in order to promote the development and growth of personnel, Latvijas Banka provided training for employees to improve their professional knowledge. Latvijas Banka’s staff training costs amounted to 1.2% of the total expenses on remuneration (0.8% in 2021).

At the end of 2022, 88% of employees of Latvijas Banka had higher education, including 5.6% of those holding a PhD degree (88% and 4.2% in 2021respectively).

Chart 3. Education of Latvijas Banka’s employees