Nominal Labour productivity by NUTS 2 region in Latvia

Latvia: Nominal Labour productivity by NUTS 2 region was 44,400 in 2024. ▲ Rising

Latest (2024)
44,400
Change on year
up 3.5%
World rank
22nd
of 27 countries
All-time high
44,400
in 2024
All-time low
9,100
in 2000
Years of data
25
2000–2024

Nominal Labour productivity by NUTS 2 region in Latvia, 2000–2024

10.0k20.0k30.0k40.0k2000201220242000: 9.1k2001: 9.8k2002: 10.3k2003: 10.5k2004: 11.7k2005: 13.6k2006: 16.0k2007: 20.3k2008: 22.1k2009: 20.4k2010: 20.8k2011: 22.2k2012: 24.5k2013: 24.8k2014: 26.0k2015: 26.7k2016: 27.6k2017: 29.4k2018: 31.1k2019: 32.1k2020: 31.9k2021: 35.7k2022: 39.8k2023: 42.9k2024: 44.4k

Source: Eurostat.

Analysis

In 2024, nominal labour productivity by nuts 2 region in Latvia stood at 44,400. That is the highest value across all 25 years on record.

Compared with earlier readings it is up 3.5% on the previous year and up 70.8% over ten years.

Over the whole period, nominal labour productivity by nuts 2 region in Latvia peaked at 44,400 in 2024 and was at its lowest, 9,100, in 2000.

That places Latvia 22nd out of 27 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 14,380 9,100 22,100 10
2010s 26,520 20,800 32,100 10
2020s 38,940 31,900 44,400 5

Countries ranked near Latvia

  1. 19 Croatia 48,700 compare
  2. 19 Poland 48,700 compare
  3. 21 Greece 45,700 compare
  4. 23 Hungary 43,000 compare
  5. 24 Romania 41,000 compare
  6. 25 Bulgaria 29,800 compare

See the full ranking of 355 places →

More work & labour data for Latvia

All data for Latvia →

Frequently asked questions

What is nominal labour productivity by nuts 2 region in Latvia?
Nominal labour productivity by nuts 2 region in Latvia was 44,400 in 2024, according to Eurostat.
What is the highest nominal labour productivity by nuts 2 region recorded in Latvia?
The highest recorded value was 44,400 in 2024.
What is the lowest nominal labour productivity by nuts 2 region recorded in Latvia?
The lowest recorded value was 9,100 in 2000.
How does Latvia rank for nominal labour productivity by nuts 2 region?
Latvia ranks 22nd out of 27 countries with data for 2024.
Is nominal labour productivity by nuts 2 region rising or falling in Latvia?
Over the last ten years it is up 70.8%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Eurostat, published as part of Nominal Labour productivity by NUTS 2 region. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Eurostat).

About this data

Indicator
Nominal Labour productivity by NUTS 2 region
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
355 places, 8,722 data points, 2000–2024
Last refreshed