Labour cost index by NACE: nominal value, quarterly … 2 quarterly in Latvia
Latvia: Labour cost index by NACE: nominal value, quarterly … 2 quarterly was 147.8 in 2026. ◆ Volatile
Labour cost index by NACE Rev. 2 activity - nominal value, quarterly in Latvia, 2000–2026
Source: Eurostat.
Analysis
The most recent figure for labour cost index by nace rev. 2 activity - nominal value, quarterly in Latvia is 147.8, measured in 2026.
The figure is down 7.1% on the previous year and up 98.1% over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - nominal value, quarterly in Latvia peaked at 159.1 in 2025 and was at its lowest, 17.6, in 2000.
That places Latvia 19th out of 36 countries with data for 2026, 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: nominal value, quarterly … 2 quarterly in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 17.6 | — |
| 2001 | 19.2 | +9.1% |
| 2002 | 21.6 | +12.5% |
| 2003 | 23.8 | +10.2% |
| 2004 | 26.2 | +10.1% |
| 2005 | 31 | +18.3% |
| 2006 | 40 | +29.0% |
| 2007 | 52.3 | +30.7% |
| 2008 | 59.9 | +14.5% |
| 2009 | 52.4 | -12.5% |
| 2010 | 52.2 | -0.4% |
| 2011 | 54.9 | +5.2% |
| 2012 | 58.4 | +6.4% |
| 2013 | 61.8 | +5.8% |
| 2014 | 65.5 | +6.0% |
| 2015 | 69.7 | +6.4% |
| 2016 | 74.6 | +7.0% |
| 2017 | 80 | +7.2% |
| 2018 | 90.4 | +13.0% |
| 2019 | 97.4 | +7.7% |
| 2020 | 103.1 | +5.9% |
| 2021 | 110.3 | +7.0% |
| 2022 | 118 | +7.0% |
| 2023 | 132.3 | +12.1% |
| 2024 | 148.1 | +11.9% |
| 2025 | 159.1 | +7.4% |
| 2026 | 147.8 | -7.1% |
Latvia compared with similar countries
- Latvia's 147.8 is above the median for Europe & Central Asia, which is 138.35, 1.1× the median. (26 countries reporting)
- Latvia's 147.8 is above the median for high income countries, which is 135.5, 1.1× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Labour cost index by NACE: nominal value, quarterly … 2 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 | 52.3 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.4 | 17.6 | 59.9 | 10 |
| 2010s | 70.49 | 52.2 | 97.4 | 10 |
| 2020s | 131.24 | 103.1 | 159.1 | 7 |
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, quarterly in Latvia?
- Labour cost index by nace rev. 2 activity - nominal value, quarterly in Latvia was 147.8 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 159.1 in 2025.
- 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 in 2000.
- How does Latvia rank for labour cost index by nace rev. 2 activity - nominal value, quarterly?
- Latvia ranks 19th out of 36 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 98.1%. 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.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (Eurostat).