Labour Costs in Latvia increased to 113.71 Index Points in the third quarter of 2018 from 112.32 Index Points in the second quarter of 2018. Labour Costs in Latvia averaged 90.18 Index Points from 1995 until 2018, reaching an all time high of 169.58 Index Points in the third quarter of 2008 and a record low of 43.69 Index Points in the first quarter of 1995.

Latvia Labour Costs
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Latvia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.00 7.70 21.30 5.30 percent [+]
Employed Persons 920.00 909.60 1404.00 830.00 Thousand [+]
Unemployed Persons 59588.00 57455.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 3.00 3.20 10.10 1.20 percent [+]
Youth Unemployment Rate 10.80 10.50 40.70 7.70 percent [+]
Labour Costs 113.71 112.32 169.58 43.69 Index Points [+]
Job Vacancies 22257.00 24078.00 24078.00 1643.00 [+]
Wages 728.00 751.00 756.00 113.00 EUR/Month [+]
Minimum Wages 430.00 430.00 430.00 75.18 EUR/Month [+]
Population 1.93 1.95 2.67 1.93 Million [+]
Retirement Age Women 63.25 63.00 63.25 59.50 [+]
Retirement Age Men 63.25 63.00 63.25 62.00 [+]
Labor Force Participation Rate 70.20 69.70 70.20 59.90 percent [+]
Part Time Employment 64.30 59.60 116.00 48.80 Thousand [+]
Productivity 133.50 128.10 133.50 44.30 Index Points [+]
Employment Change 0.70 -0.30 3.50 -6.70 percent [+]
Employment Rate 65.30 64.40 65.30 50.80 percent [+]
Full Time Employment 818.60 813.80 984.30 720.30 Thousand [+]


Latvia Labour Costs

This page provides - Latvia Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Labour Costs - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
113.71 112.32 169.58 43.69 1995 - 2018 Index Points Quarterly
2010=100, SA




Country Last Previous
Australia 102.20 Sep/18
Brazil 93.07 Dec/18
Canada 105.63 Sep/18
China 104.80 Dec/18
Euro Area 106.40 Sep/18
France 108.20 Sep/18
Germany 115.29 Sep/18
Italy 107.00 Jun/18
Mexico 79.30 Nov/18
Netherlands 101.50 Sep/18
Singapore 117.00 Dec/18
South Africa 150.90 Jun/18
South Korea 109.40 Sep/18
Spain 98.40 Sep/18
Turkey 166.66 Sep/18
United Kingdom 104.80 Sep/18
United States 109.05 Sep/18


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