Unemployment rate young vs older adults in Latvia
Latvia: Unemployment rate young vs older adults was 13.61 in 2024. ▼ Falling
Latest (2024)
13.61
Change on year
up 10.5%
World rank
87th
of 188 countries
All-time high
38.26
in 1996
All-time low
5.03
in 1991
Years of data
34
1991–2024
Unemployment rate young vs older adults in Latvia, 1991–2024
Source: Our World in Data.
Analysis
The most recent figure for unemployment rate young vs older adults in Latvia is 13.61, measured in 2024.
Compared with earlier readings it is up 10.5% on the previous year and down 30.5% over ten years.
Over the whole period, unemployment rate young vs older adults in Latvia peaked at 38.26 in 1996 and was at its lowest, 5.03, in 1991.
That places Latvia 87th out of 188 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
Unemployment rate young vs older adults in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 5.03 | — |
| 1992 | 12.11 | +140.8% |
| 1993 | 30.56 | +152.4% |
| 1994 | 34.31 | +12.3% |
| 1995 | 35.02 | +2.1% |
| 1996 | 38.26 | +9.2% |
| 1997 | 27.64 | -27.7% |
| 1998 | 26.95 | -2.5% |
| 1999 | 23.53 | -12.7% |
| 2000 | 21.27 | -9.6% |
| 2001 | 24.16 | +13.6% |
| 2002 | 25.25 | +4.5% |
| 2003 | 20.42 | -19.1% |
| 2004 | 21.8 | +6.8% |
| 2005 | 15.14 | -30.5% |
| 2006 | 13.62 | -10.1% |
| 2007 | 10.56 | -22.4% |
| 2008 | 13.65 | +29.2% |
| 2009 | 33.43 | +145.0% |
| 2010 | 36.24 | +8.4% |
| 2011 | 31.07 | -14.3% |
| 2012 | 28.56 | -8.1% |
| 2013 | 23.24 | -18.6% |
| 2014 | 19.59 | -15.7% |
| 2015 | 16.32 | -16.7% |
| 2016 | 17.27 | +5.9% |
| 2017 | 16.97 | -1.7% |
| 2018 | 12.19 | -28.2% |
| 2019 | 12.41 | +1.8% |
| 2020 | 14.87 | +19.8% |
| 2021 | 14.79 | -0.6% |
| 2022 | 15.27 | +3.3% |
| 2023 | 12.32 | -19.3% |
| 2024 | 13.61 | +10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.93 | 5.03 | 38.26 | 9 |
| 2000s | 19.93 | 10.56 | 33.43 | 10 |
| 2010s | 21.39 | 12.19 | 36.24 | 10 |
| 2020s | 14.17 | 12.32 | 15.27 | 5 |
Countries ranked near Latvia
- 84 United Kingdom of Great Britain and Northern Ireland 14.32 compare
- 85 New Zealand 14.04 compare
- 86 Lithuania 13.69 compare
- 88 Azerbaijan 13.54 compare
- 89 Oman 13.52 compare
- 90 Paraguay 13.39 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 unemployment rate young vs older adults in Latvia?
- Unemployment rate young vs older adults in Latvia was 13.61 in 2024, according to Our World in Data.
- What is the highest unemployment rate young vs older adults recorded in Latvia?
- The highest recorded value was 38.26 in 1996.
- What is the lowest unemployment rate young vs older adults recorded in Latvia?
- The lowest recorded value was 5.03 in 1991.
- How does Latvia rank for unemployment rate young vs older adults?
- Latvia ranks 87th out of 188 countries with data for 2024.
- Is unemployment rate young vs older adults rising or falling in Latvia?
- Over the last ten years it is down 30.5%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Our World in Data, published as part of Unemployment rate young vs older adults. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (Our World in Data).