Latvia Unemployment Rate  2002-2018 | Data | Chart | Calendar | Forecast

Latvia’s jobless rate increased to 8.2 percent in the first quarter of 2018 from 8.1 percent in the previous period. The number of unemployed increased by 0.3 thousand to 80 thousand and the number of employed declined by 4.2 thousand to 898 thousand. A year earlier, the unemployment rate was higher at 9.4 percent. During the first three months of 2018, Latvian jobless rate continued to be the highest among the Baltic States (6.8 percent in Estonia and 7.2 percent in Lithuania). Unemployment Rate in Latvia averaged 11.57 percent from 2002 until 2018, reaching an all time high of 21.30 percent in the first quarter of 2010 and a record low of 5.30 percent in the fourth quarter of 2007.

Latvia Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-11-16 11:00 AM Unemployment Rate 8.5% 8.9% 9.1%
2018-02-23 10:00 AM Unemployment Rate 8.1% 8.5% 8.2%
2018-05-22 10:00 AM Unemployment Rate 8.2% 8.1% 8.5%
2018-08-15 10:00 AM Unemployment Rate 8.2% 8.6%
2018-11-15 11:00 AM Unemployment Rate 8.2%


Latvia Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.20 8.10 21.30 5.30 percent [+]
Employed Persons 898.00 902.00 1404.00 830.00 Thousand [+]
Unemployed Persons 61882.00 64631.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 2.60 3.40 10.10 1.20 percent [+]
Youth Unemployment Rate 15.20 16.40 40.70 7.70 percent [+]
Labour Costs 132.25 128.26 169.58 43.69 Index Points [+]
Job Vacancies 17271.00 17062.00 17271.00 1643.00 [+]
Wages 738.00 687.00 738.00 113.00 EUR/Month [+]
Minimum Wages 430.00 380.00 430.00 75.18 EUR/Month [+]
Population 1.95 1.97 2.68 1.95 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 69.30 69.50 69.50 59.90 percent [+]
Part Time Employment 66.10 69.00 116.00 48.80 Thousand [+]
Productivity 129.70 131.40 131.40 44.30 Index Points [+]
Employment Change 0.90 0.50 3.50 -6.70 percent [+]
Employment Rate 63.70 63.60 63.70 50.80 percent [+]
Full Time Employment 799.00 799.10 984.30 720.30 Thousand [+]


Latvia Unemployment Rate

In Latvia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Latvia Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
8.20 8.10 21.30 5.30 2002 - 2018 percent Quarterly




unemployment rate by Country
Country Last
Spain 16.74 Mar/18
Brazil 13.10 Mar/18
Italy 11.00 Mar/18
Turkey 10.60 Feb/18
France 9.20 Mar/18
Euro Area 8.50 Mar/18
Canada 5.80 Apr/18
Australia 5.60 Apr/18
Indonesia 5.13 Mar/18
Russia 4.90 Apr/18
United Kingdom 4.20 Mar/18
Netherlands 3.90 Apr/18
United States 3.90 Apr/18
China 3.89 Mar/18
South Korea 3.80 Apr/18
India 3.52 Dec/17
Germany 3.40 Mar/18
Mexico 2.90 Mar/18
Switzerland 2.70 Apr/18
Japan 2.50 Mar/18


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