Latvia vs Serbia: Labour productivity and unit labour costs by industry (NACE Rev.2)
Latvia
7.1 Euro
in 2025
Serbia
3.3 Euro
in 2025
Latvia rank
39th
Serbia rank
42nd
Labour productivity and unit labour costs by industry (NACE Rev.2) over time
- Latvia
- Serbia
How they compare
Latvia currently reports 7.1 Euro against 3.3 Euro in Serbia, a difference of 3.8 Euro.
That makes Latvia's figure about 2.2 times Serbia's.
Across all 31 years both countries report, Latvia has been ahead every year.
Latvia ranks 39th and Serbia ranks 42nd of 44 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Serbia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1 Euro | 0.48 Euro | 0.52 Euro | Latvia |
| 2000s | 2.16 Euro | 0.81 Euro | 1.35 Euro | Latvia |
| 2010s | 4.79 Euro | 1.43 Euro | 3.36 Euro | Latvia |
| 2020s | 7.33 Euro | 2.53 Euro | 4.8 Euro | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher labour productivity and unit labour costs by industry, Latvia or Serbia?
- Latvia, at 7.1 Euro against 3.3 Euro in Serbia as of 2025.
- What is the difference in labour productivity and unit labour costs by industry between Latvia and Serbia?
- 3.8 Euro, with Latvia ahead.
- How many years of comparable data are there for Latvia and Serbia?
- 31 years are reported by both, from 1995 to 2025.
- How do Latvia and Serbia rank globally for labour productivity and unit labour costs by industry?
- Latvia ranks 39th and Serbia ranks 42nd of 44 countries.
- Where does this data come from?
- Eurostat, published as Labour productivity and unit labour costs by industry (NACE Rev.2). Statizoid refreshes it automatically from the source and publishes the full history for both places.