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. ◆ Volatile
Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Latvia, 2000–2025
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 11th out of 40 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 | Index, 2020=100 | Change |
|---|---|---|
| 2000 | 17.4 Index, 2020=100 | — |
| 2001 | 18.7 Index, 2020=100 | +7.5% |
| 2002 | 20.6 Index, 2020=100 | +10.2% |
| 2003 | 22.7 Index, 2020=100 | +10.2% |
| 2004 | 25.1 Index, 2020=100 | +10.6% |
| 2005 | 29 Index, 2020=100 | +15.5% |
| 2006 | 35.9 Index, 2020=100 | +23.8% |
| 2007 | 47.3 Index, 2020=100 | +31.8% |
| 2008 | 57.7 Index, 2020=100 | +22.0% |
| 2009 | 55.7 Index, 2020=100 | -3.5% |
| 2010 | 52.7 Index, 2020=100 | -5.4% |
| 2011 | 55 Index, 2020=100 | +4.4% |
| 2012 | 57.3 Index, 2020=100 | +4.2% |
| 2013 | 60.6 Index, 2020=100 | +5.8% |
| 2014 | 64.3 Index, 2020=100 | +6.1% |
| 2015 | 68.9 Index, 2020=100 | +7.2% |
| 2016 | 73.2 Index, 2020=100 | +6.2% |
| 2017 | 78.4 Index, 2020=100 | +7.1% |
| 2018 | 88.3 Index, 2020=100 | +12.6% |
| 2019 | 94.8 Index, 2020=100 | +7.4% |
| 2020 | 100 Index, 2020=100 | +5.5% |
| 2021 | 105.9 Index, 2020=100 | +5.9% |
| 2022 | 114.1 Index, 2020=100 | +7.7% |
| 2023 | 127.2 Index, 2020=100 | +11.5% |
| 2024 | 142.3 Index, 2020=100 | +11.9% |
| 2025 | 153.4 Index, 2020=100 | +7.8% |
Latvia compared with similar countries
- Latvia's 153.4 Index, 2020=100 is above the median for Europe & Central Asia, which is 127.7 Index, 2020=100, 1.2× the median. (29 countries reporting)
- Latvia's 153.4 Index, 2020=100 is above the median for high income countries, which is 127.5 Index, 2020=100, 1.2× the median. (29 countries reporting)
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 Index, 2020=100 | 47.3 Index, 2020=100 |
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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 11th out of 40 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.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (Eurostat).