LU3: Combined rate of unemployment and potential labour force for in Latvia
Latvia: LU3: Combined rate of unemployment and potential labour force for was 8.14 in 2024. ▼ Falling
LU3: Combined rate of unemployment and potential labour force for in Latvia, 2001–2024
Source: International Labour Organization.
Analysis
In 2024, lu3: combined rate of unemployment and potential labour force for in Latvia stood at 8.14.
That represents a change of up 4.9% on the previous year and down 38.0% over ten years.
Over the whole period, lu3: combined rate of unemployment and potential labour force for in Latvia peaked at 21.39 in 2010 and was at its lowest, 7.76, in 2023.
Latvia ranks 33rd of 65 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.
LU3: Combined rate of unemployment and potential labour force for in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 17.14 | — |
| 2002 | 17.13 | -0.1% |
| 2003 | 15.78 | -7.9% |
| 2004 | 14.29 | -9.4% |
| 2005 | 14.09 | -1.5% |
| 2006 | 10.74 | -23.7% |
| 2007 | 9.66 | -10.1% |
| 2008 | 10.15 | +5.0% |
| 2009 | 19.62 | +93.3% |
| 2010 | 21.39 | +9.0% |
| 2011 | 18.66 | -12.8% |
| 2012 | 17.14 | -8.1% |
| 2013 | 14.83 | -13.5% |
| 2014 | 13.13 | -11.5% |
| 2015 | 12.03 | -8.4% |
| 2016 | 11.66 | -3.1% |
| 2017 | 10.25 | -12.0% |
| 2018 | 9.12 | -11.1% |
| 2019 | 8.03 | -11.9% |
| 2020 | 10.42 | +29.6% |
| 2021 | 10.06 | -3.4% |
| 2022 | 8.89 | -11.6% |
| 2023 | 7.76 | -12.8% |
| 2024 | 8.14 | +4.9% |
Latvia compared with similar countries
- Latvia's 8.14 is above the median for high income countries, which is 6.97, 1.2× the median. (29 countries reporting)
- Latvia's 8.14 is below the median for Europe & Central Asia, which is 8.16, 100% of the median. (30 countries reporting)
Biggest year-on-year movements
Years where LU3: Combined rate of unemployment and potential labour force for 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 | +93.3% | 10.15 | 19.62 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.29 | 9.66 | 19.62 | 9 |
| 2010s | 13.62 | 8.03 | 21.39 | 10 |
| 2020s | 9.05 | 7.76 | 10.42 | 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 lu3: combined rate of unemployment and potential labour force for in Latvia?
- Lu3: combined rate of unemployment and potential labour force for in Latvia was 8.14 in 2024, according to International Labour Organization.
- What is the highest lu3: combined rate of unemployment and potential labour force for recorded in Latvia?
- The highest recorded value was 21.39 in 2010.
- What is the lowest lu3: combined rate of unemployment and potential labour force for recorded in Latvia?
- The lowest recorded value was 7.76 in 2023.
- How does Latvia rank for lu3: combined rate of unemployment and potential labour force for?
- Latvia ranks 33rd out of 65 countries with data for 2024.
- Is lu3: combined rate of unemployment and potential labour force for rising or falling in Latvia?
- Over the last ten years it is down 38.0%. 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 LU3: Combined rate of unemployment and potential labour force for persons ages 25 to 54 (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under ILO Terms of Use (attribution required).
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. LU3 represents the share of the extended labour force, in this case for persons of prime age (i.e., persons ages 25 to 54), that are in unemployment or the potential labour force. For more information, refer to the Gender Equality and Non-Discrimination Indicators (GEND) database description.