Labor share of gdp in Latvia
Latvia: Labor share of gdp was 63.7 in 2025. ▲ Rising
Latest (2025)
63.7
Change on year
down 0.5%
World rank
6th
of 187 countries
All-time high
64
in 2024
All-time low
44.4
in 2004
Years of data
22
2004–2025
Labor share of gdp in Latvia, 2004–2025
Source: Our World in Data.
Analysis
In 2025, labor share of gdp in Latvia stood at 63.7.
That represents a change of down 0.5% on the previous year and up 21.3% over ten years.
Over the whole period, labor share of gdp in Latvia peaked at 64 in 2024 and was at its lowest, 44.4, in 2004.
Latvia ranks 6th of 187 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 22 years of available data.
Labor share of gdp in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 44.4 | — |
| 2005 | 46.5 | +4.7% |
| 2006 | 47.8 | +2.8% |
| 2007 | 51.1 | +6.9% |
| 2008 | 56.4 | +10.4% |
| 2009 | 54.7 | -3.0% |
| 2010 | 49.9 | -8.8% |
| 2011 | 47.6 | -4.6% |
| 2012 | 46.7 | -1.9% |
| 2013 | 49.2 | +5.4% |
| 2014 | 50.6 | +2.8% |
| 2015 | 52.5 | +3.8% |
| 2016 | 53.9 | +2.7% |
| 2017 | 54.6 | +1.3% |
| 2018 | 56.1 | +2.7% |
| 2019 | 57.7 | +2.9% |
| 2020 | 59.7 | +3.5% |
| 2021 | 56.4 | -5.5% |
| 2022 | 56.5 | +0.2% |
| 2023 | 60.8 | +7.6% |
| 2024 | 64 | +5.3% |
| 2025 | 63.7 | -0.5% |
Latvia compared with similar countries
- Latvia's 63.7 is above the median for high income countries, which is 54.5, 1.2× the median. (62 countries reporting)
- Latvia's 63.7 is above the median for Europe & Central Asia, which is 54.2, 1.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 50.15 | 44.4 | 56.4 | 6 |
| 2010s | 51.88 | 46.7 | 57.7 | 10 |
| 2020s | 60.18 | 56.4 | 64 | 6 |
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 share of gdp in Latvia?
- Labor share of gdp in Latvia was 63.7 in 2025, according to Our World in Data.
- What is the highest labor share of gdp recorded in Latvia?
- The highest recorded value was 64 in 2024.
- What is the lowest labor share of gdp recorded in Latvia?
- The lowest recorded value was 44.4 in 2004.
- How does Latvia rank for labor share of gdp?
- Latvia ranks 6th out of 187 countries with data for 2025.
- Is labor share of gdp rising or falling in Latvia?
- Over the last ten years it is up 21.3%. 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 share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (Our World in Data).