Labour Costs in Latvia increased to 143.07 points in the second quarter of 2026 from 142.86 points in the first quarter of 2026. Labour Costs in Latvia averaged 70.17 points from 1995 until 2026, reaching an all time high of 143.07 points in the second quarter of 2026 and a record low of 27.51 points in the first quarter of 1995. source: European Central Bank



Related Last Previous Unit Reference
Employed Persons 886.00 871.00 Thousand Jun 2026
Employment Change -0.10 0.10 percent Jun 2026
Employment Rate 65.10 63.80 percent Jun 2026
Full Time Employment 745.30 737.60 Thousand Jun 2026
Job Vacancies 19507.00 18592.00 Mar 2026
Labor Force Participation Rate 70.00 68.70 percent Jun 2026
Labour Costs 143.07 142.86 points Jun 2026
Long Term Unemployment Rate 2.30 2.80 percent Jun 2026
Minimum Wages 780.00 780.00 EUR/Month Dec 2026
Part Time Employment 77.00 73.50 Thousand Jun 2026
Population 1.86 1.88 Million Dec 2025
Productivity 125.76 122.78 points Jun 2026
Retirement Age Men 65.00 65.00 Years Dec 2026
Retirement Age Women 65.00 65.00 Years Dec 2026
Unemployed Persons 42273.00 41252.00 Jul 2026
Unemployment Rate 7.00 7.10 percent Jun 2026
Wages 1446.00 1384.00 EUR/Month Jun 2026
Youth Unemployment Rate 15.40 14.20 percent Jul 2026


Latvia Labour Costs
Actual Previous Highest Lowest Dates Unit Frequency
143.07 142.86 143.07 27.51 1995 - 2026 points Quarterly
2015=100, SA