Time-related underemployment rate in Latvia
Latvia: Time-related underemployment rate was 0.87 in 2023. ▼ Falling
Time-related underemployment rate in Latvia, 2005–2023
Source: International Labour Organization.
Analysis
The most recent figure for time-related underemployment rate in Latvia is 0.87, measured in 2023.
Compared with earlier readings it is down 49.9% on the previous year and down 69.6% over ten years.
Over the whole period, time-related underemployment rate in Latvia peaked at 3.46 in 2010 and was at its lowest, 0.585, in 2008.
That places Latvia 29th out of 48 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Time-related underemployment rate in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.27 | — |
| 2006 | 1 | -21.3% |
| 2007 | 0.839 | -16.2% |
| 2008 | 0.585 | -30.3% |
| 2009 | 2.18 | +273.3% |
| 2010 | 3.46 | +58.5% |
| 2011 | 3.24 | -6.4% |
| 2012 | 2.99 | -7.5% |
| 2013 | 2.86 | -4.5% |
| 2014 | 2.23 | -22.1% |
| 2015 | 2.03 | -9.0% |
| 2016 | 1.95 | -4.1% |
| 2017 | 1.79 | -8.1% |
| 2018 | 1.45 | -19.1% |
| 2019 | 1.18 | -18.8% |
| 2020 | 1.74 | +47.7% |
| 2023 | 0.87 | -49.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.18 | 0.585 | 2.18 | 5 |
| 2010s | 2.32 | 1.18 | 3.46 | 10 |
| 2020s | 1.3 | 0.87 | 1.74 | 2 |
Countries ranked near Latvia
- 26 Norway 1.06 compare
- 27 Finland 0.992 compare
- 28 Estonia 0.892 compare
- 30 United States of America 0.791 compare
- 31 Republic of Moldova 0.787 compare
- 32 Luxembourg 0.768 compare
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 time-related underemployment rate in Latvia?
- Time-related underemployment rate in Latvia was 0.87 in 2023, according to International Labour Organization.
- What is the highest time-related underemployment rate recorded in Latvia?
- The highest recorded value was 3.46 in 2010.
- What is the lowest time-related underemployment rate recorded in Latvia?
- The lowest recorded value was 0.585 in 2008.
- How does Latvia rank for time-related underemployment rate?
- Latvia ranks 29th out of 48 countries with data for 2023.
- Is time-related underemployment rate rising or falling in Latvia?
- Over the last ten years it is down 69.6%. 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 Time-related underemployment rate (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. The time-related underemployment rate conveys the number of persons in time-related underemployment as a percent of the total number of persons in employment. Persons in time-related underemployment comprise all persons in employment, who satisfy the following three criteria during the reference period: a) are willing to work additional hours; b) are available to work additional hours i.e., are ready, within a specified subsequent period, to work additional hours, given opportunities for additional work; and c) worked less than a threshold relating to working time i.e., persons whose hours actually worked in all jobs during the reference period were below a threshold, to be chosen according to national circumstances. The term disability, as defined in the International Classification of Functioning, Disability and Health (ICF), is used as an umbrella term, covering impairments, activity limitations, and participation restrictions. For measurement purposes, a person with disability is defined as a person who is limited in the kind or amount of activities that he or she can do because of ongoing difficulties due to a long-term physical condition, mental condition or health problem. For more information, refer to the Disability Labour Market Indicators (DLMI) database description.