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 Index, 2020=100 in 2025. β—† Volatile

Latest (2025)
153.4 Index, 2020=100
Change on year
up 7.8%
World rank
8th
of 32 countries
All-time high
153.4 Index, 2020=100
in 2025
All-time low
17.4 Index, 2020=100
in 2000
Years of data
26
2000–2025

Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Latvia, 2000–2025

0501001502000201220252000: 17.4 Index, 2020=1002001: 18.7 Index, 2020=1002002: 20.6 Index, 2020=1002003: 22.7 Index, 2020=1002004: 25.1 Index, 2020=1002005: 29 Index, 2020=1002006: 35.9 Index, 2020=1002007: 47.3 Index, 2020=1002008: 57.7 Index, 2020=1002009: 55.7 Index, 2020=1002010: 52.7 Index, 2020=1002011: 55 Index, 2020=1002012: 57.3 Index, 2020=1002013: 60.6 Index, 2020=1002014: 64.3 Index, 2020=1002015: 68.9 Index, 2020=1002016: 73.2 Index, 2020=1002017: 78.4 Index, 2020=1002018: 88.3 Index, 2020=1002019: 94.8 Index, 2020=1002020: 100 Index, 2020=1002021: 105.9 Index, 2020=1002022: 114.1 Index, 2020=1002023: 127.2 Index, 2020=1002024: 142.3 Index, 2020=1002025: 153.4 Index, 2020=100

Source: Eurostat. Measured in Index, 2020=100.

Analysis

Latvia recorded 153.4 Index, 2020=100 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.

The figure 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 Index, 2020=100 in 2025 and was at its lowest, 17.4 Index, 2020=100, in 2000.

That places Latvia 8th out of 32 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 33.01 Index, 2020=100 17.4 Index, 2020=100 57.7 Index, 2020=100 10
2010s 69.35 Index, 2020=100 52.7 Index, 2020=100 94.8 Index, 2020=100 10
2020s 123.82 Index, 2020=100 100 Index, 2020=100 153.4 Index, 2020=100 6

Countries ranked near Latvia

  1. 5 Romania 170 Index, 2020=100 compare
  2. 6 Poland 167.1 Index, 2020=100 compare
  3. 7 Croatia 164.5 Index, 2020=100 compare
  4. 9 Estonia 149.8 Index, 2020=100 compare
  5. 10 Iceland 146.1 Index, 2020=100 compare
  6. 11 Slovakia 144.2 Index, 2020=100 compare

See the full ranking of 36 places β†’

More work & labour data for Latvia

All data for Latvia β†’

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 Index, 2020=100 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 Index, 2020=100 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 Index, 2020=100 in 2000.
How does Latvia rank for labour cost index by nace rev. 2 activity - nominal value, annual data?
Latvia ranks 8th out of 32 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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About this data

Indicator
Labour cost index by NACE Rev. 2 activity - nominal value, annual data
Unit
Index, 2020=100
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
36 places, 826 data points, 1996–2025
Last refreshed