Labour productivity and unit labour costs by industry in Latvia
Latvia: Labour productivity and unit labour costs by industry was 9 Euro in 2025. ◆ Volatile
Latest (2025)
9 Euro
Change on year
down 11.8%
World rank
33rd
of 40 countries
All-time high
10.2 Euro
in 2024
All-time low
0.9 Euro
in 1997
Years of data
31
1995–2025
Labour productivity and unit labour costs by industry in Latvia, 1995–2025
Source: Eurostat. Measured in Euro.
Analysis
In 2025, labour productivity and unit labour costs by industry in Latvia stood at 9 Euro.
Compared with earlier readings it is down 11.8% on the previous year and up 83.7% over ten years.
Over the whole period, labour productivity and unit labour costs by industry in Latvia peaked at 10.2 Euro in 2024 and was at its lowest, 0.9 Euro, in 1997.
That places Latvia 33rd out of 40 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Labour productivity and unit labour costs by industry in Latvia, year by year
| Year | Euro | Change |
|---|---|---|
| 1995 | 1.1 Euro | — |
| 1996 | 1.1 Euro | +0.0% |
| 1997 | 0.9 Euro | -18.2% |
| 1998 | 0.9 Euro | +0.0% |
| 1999 | 1 Euro | +11.1% |
| 2000 | 1.4 Euro | +40.0% |
| 2001 | 1 Euro | -28.6% |
| 2002 | 1.1 Euro | +10.0% |
| 2003 | 1 Euro | -9.1% |
| 2004 | 1.7 Euro | +70.0% |
| 2005 | 2.1 Euro | +23.5% |
| 2006 | 2.1 Euro | +0.0% |
| 2007 | 4.1 Euro | +95.2% |
| 2008 | 3.8 Euro | -7.3% |
| 2009 | 3.3 Euro | -13.2% |
| 2010 | 4 Euro | +21.2% |
| 2011 | 3.8 Euro | -5.0% |
| 2012 | 3.8 Euro | +0.0% |
| 2013 | 4.1 Euro | +7.9% |
| 2014 | 4.7 Euro | +14.6% |
| 2015 | 4.9 Euro | +4.3% |
| 2016 | 5.5 Euro | +12.2% |
| 2017 | 5 Euro | -9.1% |
| 2018 | 5.6 Euro | +12.0% |
| 2019 | 6.5 Euro | +16.1% |
| 2020 | 5.9 Euro | -9.2% |
| 2021 | 6.5 Euro | +10.2% |
| 2022 | 7.9 Euro | +21.5% |
| 2023 | 8.6 Euro | +8.9% |
| 2024 | 10.2 Euro | +18.6% |
| 2025 | 9 Euro | -11.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1 Euro | 0.9 Euro | 1.1 Euro | 5 |
| 2000s | 2.16 Euro | 1 Euro | 4.1 Euro | 10 |
| 2010s | 4.79 Euro | 3.8 Euro | 6.5 Euro | 10 |
| 2020s | 8.02 Euro | 5.9 Euro | 10.2 Euro | 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 productivity and unit labour costs by industry in Latvia?
- Labour productivity and unit labour costs by industry in Latvia was 9 Euro in 2025, according to Eurostat.
- What is the highest labour productivity and unit labour costs by industry recorded in Latvia?
- The highest recorded value was 10.2 Euro in 2024.
- What is the lowest labour productivity and unit labour costs by industry recorded in Latvia?
- The lowest recorded value was 0.9 Euro in 1997.
- How does Latvia rank for labour productivity and unit labour costs by industry?
- Latvia ranks 33rd out of 40 countries with data for 2025.
- Is labour productivity and unit labour costs by industry rising or falling in Latvia?
- Over the last ten years it is up 83.7%. 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 productivity and unit labour costs by industry (NACE Rev.2). Statizoid updates them automatically from the source API.
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