LU2: Combined rate of time-related underemployment and unemployment in Latvia
Latvia: LU2: Combined rate of time-related underemployment and unemployment was 9.04 in 2024. ▼ Falling
LU2: Combined rate of time-related underemployment and unemployment in Latvia, 2001–2024
Source: International Labour Organization.
Analysis
In 2024, lu2: combined rate of time-related underemployment and unemployment in Latvia stood at 9.04.
That represents a change of up 13.3% on the previous year and down 34.7% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Latvia peaked at 24.34 in 2010 and was at its lowest, 7.97, in 2023.
Latvia ranks 25th of 61 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
LU2: Combined rate of time-related underemployment and unemployment in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 13.54 | — |
| 2002 | 16.96 | +25.3% |
| 2003 | 15.46 | -8.9% |
| 2004 | 14.99 | -3.0% |
| 2005 | 10.02 | -33.1% |
| 2006 | 9.87 | -1.6% |
| 2007 | 8.26 | -16.3% |
| 2008 | 10.52 | +27.4% |
| 2009 | 22.11 | +110.1% |
| 2010 | 24.34 | +10.1% |
| 2011 | 20.08 | -17.5% |
| 2012 | 18.83 | -6.2% |
| 2013 | 15.65 | -16.9% |
| 2014 | 13.84 | -11.6% |
| 2015 | 13.24 | -4.3% |
| 2016 | 13.01 | -1.8% |
| 2017 | 11.19 | -14.0% |
| 2018 | 8.94 | -20.1% |
| 2019 | 8.2 | -8.3% |
| 2020 | 11.67 | +42.3% |
| 2021 | 11.34 | -2.8% |
| 2022 | 8.21 | -27.7% |
| 2023 | 7.97 | -2.8% |
| 2024 | 9.04 | +13.3% |
Latvia compared with similar countries
- Latvia's 9.04 is above the median for high income countries, which is 7.71, 1.2× the median. (29 countries reporting)
- Latvia's 9.04 is above the median for Europe & Central Asia, which is 8.71, 1.0× the median. (28 countries reporting)
Biggest year-on-year movements
Years where LU2: Combined rate of time-related underemployment and unemployment 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 |
|---|---|---|---|
| 2009 | +110.1% | 10.52 | 22.11 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.53 | 8.26 | 22.11 | 9 |
| 2010s | 14.73 | 8.2 | 24.34 | 10 |
| 2020s | 9.65 | 7.97 | 11.67 | 5 |
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 lu2: combined rate of time-related underemployment and unemployment in Latvia?
- Lu2: combined rate of time-related underemployment and unemployment in Latvia was 9.04 in 2024, according to International Labour Organization.
- What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Latvia?
- The highest recorded value was 24.34 in 2010.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Latvia?
- The lowest recorded value was 7.97 in 2023.
- How does Latvia rank for lu2: combined rate of time-related underemployment and unemployment?
- Latvia ranks 25th out of 61 countries with data for 2024.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Latvia?
- Over the last ten years it is down 34.7%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from International Labour Organization, published as part of LU2: Combined rate of time-related underemployment and unemployment for persons ages 25 to 54 (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.
Download this data
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. LU2 represents the share of the labour force, in this case for persons of prime age (i.e., persons ages 25 to 54), that are either in unemployment or time-related underemployment. For more information, refer to the Gender Equality and Non-Discrimination Indicators (GEND) database description.