Labour cost index by NACE Rev. 2 activity - nominal value, quarterly in Latvia
Latvia: Labour cost index by NACE Rev. 2 activity - nominal value, quarterly was 164.8 Index, 2020=100 in 2026. ◆ Volatile
Labour cost index by NACE Rev. 2 activity - nominal value, quarterly in Latvia, 2000–2026
Source: Eurostat. Measured in Index, 2020=100.
Analysis
The most recent figure for labour cost index by nace rev. 2 activity - nominal value, quarterly in Latvia is 164.8 Index, 2020=100, measured in 2026. That is the highest value across all 27 years on record.
That represents a change of up 3.6% on the previous year and up 120.9% over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - nominal value, quarterly in Latvia peaked at 164.8 Index, 2020=100 in 2026 and was at its lowest, 17.6 Index, 2020=100, in 2000.
Latvia ranks 11th of 35 countries on this measure, 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, quarterly in Latvia, year by year
| Year | Index, 2020=100 | Change |
|---|---|---|
| 2000 | 17.6 Index, 2020=100 | — |
| 2001 | 19.2 Index, 2020=100 | +9.1% |
| 2002 | 21.6 Index, 2020=100 | +12.5% |
| 2003 | 23.8 Index, 2020=100 | +10.2% |
| 2004 | 26.2 Index, 2020=100 | +10.1% |
| 2005 | 31 Index, 2020=100 | +18.3% |
| 2006 | 40 Index, 2020=100 | +29.0% |
| 2007 | 52.3 Index, 2020=100 | +30.7% |
| 2008 | 59.9 Index, 2020=100 | +14.5% |
| 2009 | 52.4 Index, 2020=100 | -12.5% |
| 2010 | 52.2 Index, 2020=100 | -0.4% |
| 2011 | 54.9 Index, 2020=100 | +5.2% |
| 2012 | 58.4 Index, 2020=100 | +6.4% |
| 2013 | 61.8 Index, 2020=100 | +5.8% |
| 2014 | 65.5 Index, 2020=100 | +6.0% |
| 2015 | 69.7 Index, 2020=100 | +6.4% |
| 2016 | 74.6 Index, 2020=100 | +7.0% |
| 2017 | 80 Index, 2020=100 | +7.2% |
| 2018 | 90.4 Index, 2020=100 | +13.0% |
| 2019 | 97.4 Index, 2020=100 | +7.7% |
| 2020 | 103.1 Index, 2020=100 | +5.9% |
| 2021 | 110.3 Index, 2020=100 | +7.0% |
| 2022 | 118 Index, 2020=100 | +7.0% |
| 2023 | 132.3 Index, 2020=100 | +12.1% |
| 2024 | 148.1 Index, 2020=100 | +11.9% |
| 2025 | 159.1 Index, 2020=100 | +7.4% |
| 2026 | 164.8 Index, 2020=100 | +3.6% |
Biggest year-on-year movements
Years where Labour cost index by NACE Rev. 2 activity - nominal value, quarterly 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 | +30.7% | 40 Index, 2020=100 | 52.3 Index, 2020=100 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.4 Index, 2020=100 | 17.6 Index, 2020=100 | 59.9 Index, 2020=100 | 10 |
| 2010s | 70.49 Index, 2020=100 | 52.2 Index, 2020=100 | 97.4 Index, 2020=100 | 10 |
| 2020s | 133.67 Index, 2020=100 | 103.1 Index, 2020=100 | 164.8 Index, 2020=100 | 7 |
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)
- Employment rates by educational attainment level, country of birth 71.9% (2025)
- Employed persons by professional status and NUTS 2 region 883.1 Thousand persons (2025)
- Labour force participation rates by educational attainment level 77.6% (2025)
- Population in private households by citizenship, labour status and 1,369 Thousand persons (2025)
- Population in private households by country of birth, labour status 1,369 Thousand persons (2025)
- Employed persons by job tenure and NUTS 2 region 883.1 Thousand persons (2025)
- Employed persons by educational attainment level and NUTS 2 region 883.1 Thousand persons (2025)
- Labour force by NUTS 2 region 948.9 Thousand persons (2025)
Frequently asked questions
- What is labour cost index by nace rev. 2 activity - nominal value, quarterly in Latvia?
- Labour cost index by nace rev. 2 activity - nominal value, quarterly in Latvia was 164.8 Index, 2020=100 in 2026, according to Eurostat.
- What is the highest labour cost index by nace rev. 2 activity - nominal value, quarterly recorded in Latvia?
- The highest recorded value was 164.8 Index, 2020=100 in 2026.
- What is the lowest labour cost index by nace rev. 2 activity - nominal value, quarterly recorded in Latvia?
- The lowest recorded value was 17.6 Index, 2020=100 in 2000.
- How does Latvia rank for labour cost index by nace rev. 2 activity - nominal value, quarterly?
- Latvia ranks 11th out of 35 countries with data for 2026.
- Is labour cost index by nace rev. 2 activity - nominal value, quarterly rising or falling in Latvia?
- Over the last ten years it is up 120.9%. 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, quarterly data. Statizoid updates them automatically from the source API.
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