Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Latvia
Latvia: Labour cost index by NACE Rev. 2 activity - nominal value, annual data was 153.4 in 2025. ◆ Volatile
Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Latvia, 2000–2025
Source: Eurostat.
Analysis
Latvia recorded 153.4 for labour cost index by nace rev. 2 activity - nominal value, annual data in 2025. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 7.8% on the previous year and up 122.6% over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - nominal value, annual data in Latvia peaked at 153.4 in 2025 and was at its lowest, 17.4, in 2000.
That places Latvia 12th out of 41 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 17.4 | — |
| 2001 | 18.7 | +7.5% |
| 2002 | 20.6 | +10.2% |
| 2003 | 22.7 | +10.2% |
| 2004 | 25.1 | +10.6% |
| 2005 | 29 | +15.5% |
| 2006 | 35.9 | +23.8% |
| 2007 | 47.3 | +31.8% |
| 2008 | 57.7 | +22.0% |
| 2009 | 55.7 | -3.5% |
| 2010 | 52.7 | -5.4% |
| 2011 | 55 | +4.4% |
| 2012 | 57.3 | +4.2% |
| 2013 | 60.6 | +5.8% |
| 2014 | 64.3 | +6.1% |
| 2015 | 68.9 | +7.2% |
| 2016 | 73.2 | +6.2% |
| 2017 | 78.4 | +7.1% |
| 2018 | 88.3 | +12.6% |
| 2019 | 94.8 | +7.4% |
| 2020 | 100 | +5.5% |
| 2021 | 105.9 | +5.9% |
| 2022 | 114.1 | +7.7% |
| 2023 | 127.2 | +11.5% |
| 2024 | 142.3 | +11.9% |
| 2025 | 153.4 | +7.8% |
Biggest year-on-year movements
Years where Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +31.8% | 35.9 | 47.3 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.01 | 17.4 | 57.7 | 10 |
| 2010s | 69.35 | 52.7 | 94.8 | 10 |
| 2020s | 123.82 | 100 | 153.4 | 6 |
Countries ranked near Latvia
More work & labour data for Latvia
- Africa's Development Dynamics (AfDD) Table 32 - Employment by 62.58 Persons (2022)
- Africa's Development Dynamics (AfDD) Table 32 - Employment by 26.74 Persons (2022)
- Employed persons by professional status and NUTS 2 region 883.1 (2025)
- Labour force participation rates by NUTS 2 region 69.3 (2025)
- Average actual weekly hours worked in the main job of persons who 37.6 (2025)
- Labour force participation rates by educational attainment level 77.6 (2025)
- Labour force by NUTS 2 region 948.9 (2025)
- Employment rates by NUTS 2 region 64.5 (2025)
- Labour force by educational attainment level and NUTS 2 region 948.9 (2025)
- Employed persons by NUTS 2 region 883.1 (2025)
Frequently asked questions
- What is labour cost index by nace rev. 2 activity - nominal value, annual data in Latvia?
- Labour cost index by nace rev. 2 activity - nominal value, annual data in Latvia was 153.4 in 2025, according to Eurostat.
- What is the highest labour cost index by nace rev. 2 activity - nominal value, annual data recorded in Latvia?
- The highest recorded value was 153.4 in 2025.
- What is the lowest labour cost index by nace rev. 2 activity - nominal value, annual data recorded in Latvia?
- The lowest recorded value was 17.4 in 2000.
- How does Latvia rank for labour cost index by nace rev. 2 activity - nominal value, annual data?
- Latvia ranks 12th out of 41 countries with data for 2025.
- Is labour cost index by nace rev. 2 activity - nominal value, annual data rising or falling in Latvia?
- Over the last ten years it is up 122.6%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Labour cost index by NACE Rev. 2 activity - nominal value, annual data. Statizoid updates them automatically from the source API.
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