Labor market, Overall in Latvia

Latvia: Labor market, Overall was 0.6011 in 2014. β–Ό Falling

Latest (2014)
0.6011
Change on year
unchanged
World rank
64th
of 90 countries
All-time high
0.7417
in 1973
All-time low
0.5902
in 1992
Years of data
42
1973–2014

Labor market, Overall in Latvia, 1973–2014

00.20.40.60.81973199320141973: 0.7421974: 0.7421975: 0.7421976: 0.7421977: 0.7421978: 0.7421979: 0.7421980: 0.7421981: 0.7421982: 0.7421983: 0.7421984: 0.7421985: 0.7421986: 0.7421987: 0.7421988: 0.6111989: 0.6111990: 0.6111991: 0.6111992: 0.591993: 0.591994: 0.591995: 0.6281996: 0.6281997: 0.6281998: 0.6281999: 0.6282000: 0.6282001: 0.6282002: 0.6342003: 0.6342004: 0.6122005: 0.5982006: 0.5982007: 0.6032008: 0.6032009: 0.6032010: 0.6012011: 0.6012012: 0.6012013: 0.6012014: 0.601

Source: International Monetary Fund.

Analysis

Latvia recorded 0.6011 for labor market, overall in 2014.

The figure is down 1.8% over ten years.

Over the whole period, labor market, overall in Latvia peaked at 0.7417 in 1973 and was at its lowest, 0.5902, in 1992.

Latvia ranks 64th of 90 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 42 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.7417 0.7417 0.7417 7
1980s 0.7157 0.6114 0.7417 10
1990s 0.6133 0.5902 0.628 10
2000s 0.6141 0.5981 0.6344 10
2010s 0.6011 0.6011 0.6011 5

Countries ranked near Latvia

  1. 61 Poland 0.6159 compare
  2. 62 Madagascar 0.6115 compare
  3. 63 Italy 0.6078 compare
  4. 65 Philippines 0.5972 compare
  5. 66 Mozambique 0.5963 compare
  6. 67 Belgium 0.5942 compare

See the full ranking of 90 places β†’

More work & labour data for Latvia

All data for Latvia β†’

Frequently asked questions

What is labor market, overall in Latvia?
Labor market, overall in Latvia was 0.6011 in 2014, according to International Monetary Fund.
What is the highest labor market, overall recorded in Latvia?
The highest recorded value was 0.7417 in 1973.
What is the lowest labor market, overall recorded in Latvia?
The lowest recorded value was 0.5902 in 1992.
How does Latvia rank for labor market, overall?
Latvia ranks 64th out of 90 countries with data for 2014.
Is labor market, overall rising or falling in Latvia?
Over the last ten years it is down 1.8%. The long-run trend across the full record is falling.
Where does this Latvia data come from?
The figures come from International Monetary Fund, published as part of Labor market, Overall. Statizoid updates them automatically from the source API.

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Labor market, Overall in Latvia. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://labour.statizoid.com/stat/labor-market-overall/latvia/

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About this data

Indicator
Labor market, Overall
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
90 places, 3,515 data points, 1973–2014
Last refreshed

The SRD contains data on a wide range of structural policies across different countries. These policies are things that affect how markets function, like labor laws, regulations on businesses, and trade policies.