Labor productivity per hour pennworldtable in Latvia
Latvia: Labor productivity per hour pennworldtable was 43.99 in 2023. ▲ Rising
Latest (2023)
43.99
Change on year
up 2.3%
World rank
41st
of 130 countries
All-time high
43.99
in 2023
All-time low
14.98
in 1996
Years of data
29
1995–2023
Labor productivity per hour pennworldtable in Latvia, 1995–2023
Source: Our World in Data.
Analysis
In 2023, labor productivity per hour pennworldtable in Latvia stood at 43.99. That is the highest value across all 29 years on record.
The figure is up 2.3% on the previous year and up 34.1% over ten years.
Over the whole period, labor productivity per hour pennworldtable in Latvia peaked at 43.99 in 2023 and was at its lowest, 14.98, in 1996.
That places Latvia 41st out of 130 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Labor productivity per hour pennworldtable in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 15 | — |
| 1996 | 14.98 | -0.1% |
| 1997 | 15.06 | +0.5% |
| 1998 | 16.23 | +7.8% |
| 1999 | 17.32 | +6.7% |
| 2000 | 18.66 | +7.7% |
| 2001 | 19.51 | +4.6% |
| 2002 | 20.48 | +4.9% |
| 2003 | 20.52 | +0.2% |
| 2004 | 21.49 | +4.7% |
| 2005 | 22.74 | +5.8% |
| 2006 | 23.28 | +2.4% |
| 2007 | 24.71 | +6.1% |
| 2008 | 26.2 | +6.0% |
| 2009 | 28.06 | +7.1% |
| 2010 | 30.87 | +10.0% |
| 2011 | 32.15 | +4.1% |
| 2012 | 33.91 | +5.5% |
| 2013 | 32.8 | -3.3% |
| 2014 | 34.41 | +4.9% |
| 2015 | 35.79 | +4.0% |
| 2016 | 36.69 | +2.5% |
| 2017 | 38.95 | +6.1% |
| 2018 | 38.74 | -0.5% |
| 2019 | 40.05 | +3.4% |
| 2020 | 41.96 | +4.8% |
| 2021 | 43.45 | +3.6% |
| 2022 | 43.03 | -1.0% |
| 2023 | 43.99 | +2.3% |
Latvia compared with similar countries
- Latvia's 43.99 is below the median for high income countries, which is 51.52, 85% of the median. (51 countries reporting)
- Latvia's 43.99 is below the median for Europe & Central Asia, which is 46.15, 95% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.72 | 14.98 | 17.32 | 5 |
| 2000s | 22.57 | 18.66 | 28.06 | 10 |
| 2010s | 35.44 | 30.87 | 40.05 | 10 |
| 2020s | 43.11 | 41.96 | 43.99 | 4 |
Countries ranked near Latvia
More work & labour data for Latvia
- Population - Est. & Proj. — Total Population - Both sexes, annual -1.02 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -1 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -1.04 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.94 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate -0.2718 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 1,152 1000 No (2050)
- Population - Est. & Proj. — Rural population 365.13 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 470.3 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 455.07 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 925.37 1000 No (2100)
Frequently asked questions
- What is labor productivity per hour pennworldtable in Latvia?
- Labor productivity per hour pennworldtable in Latvia was 43.99 in 2023, according to Our World in Data.
- What is the highest labor productivity per hour pennworldtable recorded in Latvia?
- The highest recorded value was 43.99 in 2023.
- What is the lowest labor productivity per hour pennworldtable recorded in Latvia?
- The lowest recorded value was 14.98 in 1996.
- How does Latvia rank for labor productivity per hour pennworldtable?
- Latvia ranks 41st out of 130 countries with data for 2023.
- Is labor productivity per hour pennworldtable rising or falling in Latvia?
- Over the last ten years it is up 34.1%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Our World in Data, published as part of Labor productivity per hour pennworldtable. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (Our World in Data).