Labor Force Participation Rate in Latvia decreased to 67.60 percent in the fourth quarter of 2021 from 68.50 percent in the third quarter of 2021. source: Central Statistical Bureau of Latvia

Labor Force Participation Rate in Latvia averaged 65.94 percent from 2002 until 2021, reaching an all time high of 70.20 percent in the third quarter of 2018 and a record low of 59.90 percent in the first quarter of 2002. This page provides - Latvia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Activity Rate - values, historical data and charts - was last updated on July of 2022.

Labor Force Participation Rate in Latvia is expected to be 70.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Activity Rate is projected to trend around 70.38 percent in 2023 and 70.40 percent in 2024, according to our econometric models.

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Latvia Activity Rate

Related Last Previous Unit Reference
Unemployment Rate 7.30 7.10 percent Mar 2022
Employed Persons 869.00 864.00 Thousand Mar 2022
Wages 1011.00 907.00 EUR/Month Mar 2022
Population 1.91 1.92 Million Dec 2020
Labor Force Participation Rate 67.60 68.50 percent Dec 2021
Employment Rate 62.70 63.50 percent Dec 2021