LU4: Composite rate of labour underutilization for persons ages 25 to in Latvia
Latvia: LU4: Composite rate of labour underutilization for persons ages 25 to was 10.8 in 2024. ▼ Falling
LU4: Composite rate of labour underutilization for persons ages 25 to in Latvia, 2001–2024
Source: International Labour Organization.
Analysis
In 2024, lu4: composite rate of labour underutilization for persons ages 25 to in Latvia stood at 10.8.
That represents a change of up 11.6% on the previous year and down 36.0% over ten years.
Over the whole period, lu4: composite rate of labour underutilization for persons ages 25 to in Latvia peaked at 27.98 in 2010 and was at its lowest, 9.68, in 2023.
Latvia ranks 26th of 56 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.
LU4: Composite rate of labour underutilization for persons ages 25 to in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 18.09 | — |
| 2002 | 21.55 | +19.2% |
| 2003 | 20.34 | -5.6% |
| 2004 | 18.75 | -7.8% |
| 2005 | 14.86 | -20.8% |
| 2006 | 14.44 | -2.8% |
| 2007 | 12.29 | -14.9% |
| 2008 | 13.55 | +10.3% |
| 2009 | 25.89 | +91.0% |
| 2010 | 27.98 | +8.1% |
| 2011 | 24.15 | -13.7% |
| 2012 | 22.61 | -6.4% |
| 2013 | 19.51 | -13.7% |
| 2014 | 16.86 | -13.5% |
| 2015 | 16.05 | -4.8% |
| 2016 | 15.53 | -3.2% |
| 2017 | 13.5 | -13.1% |
| 2018 | 11.35 | -16.0% |
| 2019 | 10.52 | -7.3% |
| 2020 | 14.12 | +34.2% |
| 2021 | 13.75 | -2.6% |
| 2022 | 10.71 | -22.1% |
| 2023 | 9.68 | -9.7% |
| 2024 | 10.8 | +11.6% |
Latvia compared with similar countries
- Latvia's 10.8 is above the median for high income countries, which is 9.74, 1.1× the median. (29 countries reporting)
- Latvia's 10.8 is above the median for Europe & Central Asia, which is 10.46, 1.0× the median. (28 countries reporting)
Biggest year-on-year movements
Years where LU4: Composite rate of labour underutilization for persons ages 25 to 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 | +91.0% | 13.55 | 25.89 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.75 | 12.29 | 25.89 | 9 |
| 2010s | 17.81 | 10.52 | 27.98 | 10 |
| 2020s | 11.81 | 9.68 | 14.12 | 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 lu4: composite rate of labour underutilization for persons ages 25 to in Latvia?
- Lu4: composite rate of labour underutilization for persons ages 25 to in Latvia was 10.8 in 2024, according to International Labour Organization.
- What is the highest lu4: composite rate of labour underutilization for persons ages 25 to recorded in Latvia?
- The highest recorded value was 27.98 in 2010.
- What is the lowest lu4: composite rate of labour underutilization for persons ages 25 to recorded in Latvia?
- The lowest recorded value was 9.68 in 2023.
- How does Latvia rank for lu4: composite rate of labour underutilization for persons ages 25 to?
- Latvia ranks 26th out of 56 countries with data for 2024.
- Is lu4: composite rate of labour underutilization for persons ages 25 to rising or falling in Latvia?
- Over the last ten years it is down 36.0%. 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 LU4: Composite rate of labour underutilization for persons ages 25 to 54 (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.
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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. LU4 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, time-related underemployment or the potential labour force. For more information, refer to the Gender Equality and Non-Discrimination Indicators (GEND) database description.