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

Latvia’s jobless rate decreased to 7.7 percent in the second quarter of 2018 from 8.2 percent in the previous three month period. It was the lowest unemployment rate since the three months to September of 2008, as the number of unemployed decreased by 4.6 thousand from the previous period to 75.4 thousand and the number of employed rose by 11.6 thousand to 909.6 thousand. During the second quarter of 2018, Latvian jobless rate continued to be the highest among the Baltic States (5.1 percent in Estonia and 5.9 percent in Lithuania). A year ago, the unemployment rate was 8.9 percent. Unemployment Rate in Latvia averaged 11.52 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
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 7.7% 8.2% 8.4%
2018-11-15 11:00 AM Unemployment Rate 7.7% 8.2%


Latvia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.70 8.20 21.30 5.30 percent [+]
Employed Persons 909.60 898.00 1404.00 830.00 Thousand [+]
Unemployed Persons 58051.00 58888.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 3.20 2.60 10.10 1.20 percent [+]
Youth Unemployment Rate 8.40 9.40 40.70 7.80 percent [+]
Labour Costs 112.32 133.07 169.58 43.69 Index Points [+]
Job Vacancies 24078.00 20886.00 24078.00 1643.00 [+]
Wages 755.00 745.00 755.00 113.00 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 69.20 69.30 69.50 59.90 percent [+]
Part Time Employment 62.00 66.10 116.00 48.80 Thousand [+]
Productivity 128.10 112.00 131.40 44.30 Index Points [+]
Employment Change -0.30 0.90 3.50 -6.70 percent [+]
Employment Rate 64.40 63.50 64.40 50.80 percent [+]
Full Time Employment 799.70 799.00 984.30 720.30 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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
7.70 8.20 21.30 5.30 2002 - 2018 percent Quarterly




unemployment rate by Country
Country Last
South Africa 27.20 Jun/18
Spain 15.30 Jun/18
Brazil 12.10 Aug/18
Turkey 10.80 Jul/18
Italy 9.70 Aug/18
Argentina 9.60 Jun/18
France 9.10 Jun/18
Euro Area 8.10 Aug/18
Saudi Arabia 6.10 Mar/18
Canada 5.90 Sep/18
Australia 5.30 Aug/18
Indonesia 5.13 Mar/18
Russia 4.60 Aug/18
South Korea 4.00 Sep/18
United Kingdom 4.00 Jul/18
Netherlands 3.90 Aug/18
China 3.83 Jun/18
United States 3.70 Sep/18
India 3.52 Dec/17
Mexico 3.50 Aug/18
Germany 3.40 Aug/18
Japan 2.40 Aug/18
Switzerland 2.40 Sep/18
Singapore 2.10 Jun/18


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