{"entity":{"iso2":"LV","iso3":"LVA","name":"Latvia","slug":"latvia"},"indicator":{"licence":"CC BY 4.0 (Eurostat)","slug":"labour-cost-index-by-nace-rev-2-activity-nominal-value-annual-data","source":"Eurostat","source_url":"https://ec.europa.eu/eurostat/databrowser/view/lc_lci_r2_a","title":"Labour cost index by NACE Rev. 2 activity - nominal value, annual data","unit":"Index, 2020=100"},"observations":[{"date":"2000-01-01","value":17.4},{"date":"2001-01-01","value":18.7},{"date":"2002-01-01","value":20.6},{"date":"2003-01-01","value":22.7},{"date":"2004-01-01","value":25.1},{"date":"2005-01-01","value":29.0},{"date":"2006-01-01","value":35.9},{"date":"2007-01-01","value":47.3},{"date":"2008-01-01","value":57.7},{"date":"2009-01-01","value":55.7},{"date":"2010-01-01","value":52.7},{"date":"2011-01-01","value":55.0},{"date":"2012-01-01","value":57.3},{"date":"2013-01-01","value":60.6},{"date":"2014-01-01","value":64.3},{"date":"2015-01-01","value":68.9},{"date":"2016-01-01","value":73.2},{"date":"2017-01-01","value":78.4},{"date":"2018-01-01","value":88.3},{"date":"2019-01-01","value":94.8},{"date":"2020-01-01","value":100.0},{"date":"2021-01-01","value":105.9},{"date":"2022-01-01","value":114.1},{"date":"2023-01-01","value":127.2},{"date":"2024-01-01","value":142.3},{"date":"2025-01-01","value":153.4}],"summary":{"latest_period":"2025-01-01","latest_value":153.4,"max":153.4,"mean":67.9423,"min":17.4,"of":32,"rank":8,"trend":"volatile"}}