Latvia Unemployment Rate  2002-2017 | Data | Chart | Calendar | Forecast

Latvia's jobless rate declined to 8.5 percent in the third quarter of 2017 from 8.9 percent in the previous period. It remains the lowest unemployment rate since the third quarter of 2008, as the number of unemployed went down by 2.5 thousand to 84.1 thousand and the number of employed increased by 11 thousand to 903 thousand. Still, Latvian jobless rate was the highest among the Baltic States (5.2 percent in Estonia and 6.6 percent in Lithuania). A year earlier, the unemployment rate was 9.5 percent Unemployment Rate in Latvia averaged 11.68 percent from 2002 until 2017, 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
2017-05-22 10:25 AM Unemployment Rate 9.4% 9.3% 10.1%
2017-08-17 10:00 AM Unemployment Rate 8.9% 9.4% 9.2%
2017-11-16 11:00 AM Unemployment Rate 8.5% 8.9% 9.1%
2018-02-23 11:00 AM Unemployment Rate 8.5%
2018-05-21 10:00 AM Unemployment Rate
2018-08-15 10:00 AM Unemployment Rate


Latvia Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.50 8.90 21.30 5.30 percent [+]
Employed Persons 903.00 892.00 1404.00 830.00 Thousand [+]
Unemployed Persons 61014.00 61461.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 3.50 3.60 10.10 1.20 percent [+]
Youth Unemployment Rate 14.70 10.30 40.90 7.60 percent [+]
Labour Costs 128.88 128.04 169.58 43.69 Index Points [+]
Job Vacancies 17261.00 15442.00 17261.00 1643.00 [+]
Wages 669.00 680.00 703.00 113.00 EUR/Month [+]
Minimum Wages 380.00 370.00 380.00 75.18 EUR/Month [+]
Population 1.95 1.97 2.68 1.95 Million [+]
Retirement Age Women 62.80 62.60 62.80 59.50 [+]
Retirement Age Men 62.80 62.50 62.80 62.00 [+]
Labor Force Participation Rate 69.50 68.60 69.50 59.90 percent [+]
Part Time Employment 64.50 66.30 116.00 48.80 Thousand [+]
Productivity 131.40 126.70 131.40 44.30 Index Points [+]
Employment Change -0.70 0.30 3.50 -6.60 percent [+]
Employment Rate 63.60 62.60 63.60 50.80 percent [+]
Full Time Employment 794.60 782.60 984.30 720.30 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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
8.50 8.90 21.30 5.30 2002 - 2017 percent Quarterly




unemployment rate by Country
Country Last
Spain 16.38 Sep/17
Brazil 12.20 Oct/17
Italy 11.10 Oct/17
Turkey 10.60 Aug/17
France 9.70 Sep/17
Euro Area 8.80 Oct/17
Canada 5.90 Nov/17
Indonesia 5.50 Sep/17
Australia 5.40 Oct/17
Russia 5.10 Oct/17
Netherlands 4.50 Oct/17
United Kingdom 4.30 Oct/17
United States 4.10 Nov/17
China 3.95 Sep/17
South Korea 3.70 Nov/17
Germany 3.60 Oct/17
Mexico 3.50 Oct/17
India 3.46 Dec/16
Switzerland 3.10 Nov/17
Japan 2.80 Oct/17