Labour cost index by NACE Rev. 1.1 activity - nominal value in Latvia

Latvia: Labour cost index by NACE Rev. 1.1 activity - nominal value was 344.5 Index, 2000=100 in 2008. ▲ Rising

Latest (2008)
344.5 Index, 2000=100
Change on year
up 14.6%
World rank
2nd
of 24 countries
All-time high
344.5 Index, 2000=100
in 2008
All-time low
101.3 Index, 2000=100
in 2000
Years of data
9
2000–2008

Labour cost index by NACE Rev. 1.1 activity - nominal value in Latvia, 2000–2008

1001502002503003502000200420082000: 101.3 Index, 2000=1002001: 110.5 Index, 2000=1002002: 124.3 Index, 2000=1002003: 136.9 Index, 2000=1002004: 150.8 Index, 2000=1002005: 177.9 Index, 2000=1002006: 229.2 Index, 2000=1002007: 300.6 Index, 2000=1002008: 344.5 Index, 2000=100

Source: Eurostat. Measured in Index, 2000=100.

Analysis

Latvia recorded 344.5 Index, 2000=100 for labour cost index by nace rev. 1.1 activity - nominal value in 2008. That is the highest value across all 9 years on record.

That represents a change of up 14.6% on the previous year and up 240.1% over ten years.

Over the whole period, labour cost index by nace rev. 1.1 activity - nominal value in Latvia peaked at 344.5 Index, 2000=100 in 2008 and was at its lowest, 101.3 Index, 2000=100, in 2000.

Latvia ranks 2nd of 24 countries on this measure, in the top 10%.

Labour cost index by NACE Rev. 1.1 activity - nominal value in Latvia, year by year

Annual values for Labour cost index by NACE Rev. 1.1 activity - nominal value, quarterly data in Latvia, 2000 to 2008.
Year Index, 2000=100 Change
2000 101.3 Index, 2000=100
2001 110.5 Index, 2000=100 +9.1%
2002 124.3 Index, 2000=100 +12.5%
2003 136.9 Index, 2000=100 +10.1%
2004 150.8 Index, 2000=100 +10.2%
2005 177.9 Index, 2000=100 +18.0%
2006 229.2 Index, 2000=100 +28.8%
2007 300.6 Index, 2000=100 +31.2%
2008 344.5 Index, 2000=100 +14.6%

Countries ranked near Latvia

  1. 1 Romania 568.9 Index, 2000=100 compare
  2. 2 Latvia 344.5 Index, 2000=100 compare
  3. 4 Hungary 236.5 Index, 2000=100 compare
  4. 5 Bulgaria 232.7 Index, 2000=100 compare

See the full ranking of 24 places →

More work & labour data for Latvia

All data for Latvia →

Frequently asked questions

What is labour cost index by nace rev. 1.1 activity - nominal value in Latvia?
Labour cost index by nace rev. 1.1 activity - nominal value in Latvia was 344.5 Index, 2000=100 in 2008, according to Eurostat.
What is the highest labour cost index by nace rev. 1.1 activity - nominal value recorded in Latvia?
The highest recorded value was 344.5 Index, 2000=100 in 2008.
What is the lowest labour cost index by nace rev. 1.1 activity - nominal value recorded in Latvia?
The lowest recorded value was 101.3 Index, 2000=100 in 2000.
How does Latvia rank for labour cost index by nace rev. 1.1 activity - nominal value?
Latvia ranks 2nd out of 24 countries with data for 2008.
Is labour cost index by nace rev. 1.1 activity - nominal value rising or falling in Latvia?
Over the last ten years it is up 240.1%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Eurostat, published as part of Labour cost index by NACE Rev. 1.1 activity - nominal value, quarterly data. Statizoid updates them automatically from the source API.

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Labour cost index by NACE Rev. 1.1 activity - nominal value in Latvia. Statizoid, drawing on Eurostat. Retrieved 23 September 2026, from https://labour.statizoid.com/stat/labour-cost-index-by-nace-rev-1-1-activity-nominal-value-quarterly-data/latvia-2/

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About this data

Indicator
Labour cost index by NACE Rev. 1.1 activity - nominal value, quarterly data
Unit
Index, 2000=100
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
24 places, 251 data points, 1996–2008
Last refreshed