LU2: Combined rate of time-related underemployment and unemployment in Latvia
Latvia: LU2: Combined rate of time-related underemployment and unemployment was 7.99 in 2027. ▼ Falling
LU2: Combined rate of time-related underemployment and unemployment in Latvia, 2005–2027
Source: International Labour Organization.
Analysis
The most recent figure for lu2: combined rate of time-related underemployment and unemployment in Latvia is 7.99, measured in 2027. That is the lowest value across all 23 years on record.
That represents a change of down 2.5% on the previous year and down 34.8% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Latvia peaked at 26.2 in 2010 and was at its lowest, 7.99, in 2027.
Latvia ranks 123rd of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
LU2: Combined rate of time-related underemployment and unemployment in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 10.79 | — |
| 2006 | 10.79 | -0.0% |
| 2007 | 8.47 | -21.5% |
| 2008 | 11.02 | +30.1% |
| 2009 | 23.9 | +116.9% |
| 2010 | 26.2 | +9.6% |
| 2011 | 21.86 | -16.6% |
| 2012 | 20.55 | -6.0% |
| 2013 | 16.67 | -18.9% |
| 2014 | 14.53 | -12.9% |
| 2015 | 13.9 | -4.3% |
| 2016 | 13.61 | -2.0% |
| 2017 | 12.25 | -10.0% |
| 2018 | 9.82 | -19.8% |
| 2019 | 8.88 | -9.5% |
| 2020 | 11.8 | +32.8% |
| 2021 | 10.94 | -7.3% |
| 2022 | 8.84 | -19.2% |
| 2023 | 8.3 | -6.0% |
| 2024 | 8.85 | +6.5% |
| 2025 | 8.51 | -3.8% |
| 2026 | 8.2 | -3.7% |
| 2027 | 7.99 | -2.5% |
Latvia compared with similar countries
- Latvia's 7.99 is below the median for high income countries, which is 8.6, 93% of the median. (62 countries reporting)
- Latvia's 7.99 is below the median for Europe & Central Asia, which is 9.18, 87% of the median. (48 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 | +116.9% | 11.02 | 23.9 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.99 | 8.47 | 23.9 | 5 |
| 2010s | 15.83 | 8.88 | 26.2 | 10 |
| 2020s | 9.18 | 7.99 | 11.8 | 8 |
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 7.99 in 2027, 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 26.2 in 2010.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Latvia?
- The lowest recorded value was 7.99 in 2027.
- How does Latvia rank for lu2: combined rate of time-related underemployment and unemployment?
- Latvia ranks 123rd out of 188 countries with data for 2027.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Latvia?
- Over the last ten years it is down 34.8%. 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 (ILO modelled estimates) (15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. LU2 represents the share of the labour force that are either in unemployment or time-related underemployment. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.