Latvia: Self-employment
* indicates monthly or quarterly data series
Latvia |
Self-employment, percent of total employment |
---|---|
Latest value | 13.40 |
Year | 2022 |
Measure | percent |
Data availability | 1991 - 2022 |
Average | 12.94 |
Min - Max | 10.15 - 19.43 |
Source | The World Bank |
The latest value from 2022 is 13.4 percent, an increase from 12.99 percent in 2021. In comparison, the world average is 40.56 percent, based on data from 179 countries. Historically, the average for Latvia from 1991 to 2022 is 12.94 percent. The minimum value, 10.15 percent, was reached in 1991 while the maximum of 19.43 percent was recorded in 1997.
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Definition: Self-employed workers are those workers who, working on their own account or with one or a few partners or in cooperative, hold the type of jobs defined as a "self-employment jobs." i.e. jobs where the remuneration is directly dependent upon the profits derived from the goods and services produced. Self-employed workers include four sub-categories of employers, own-account workers, members of producers' cooperatives, and contributing family workers.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Labor force | 0.97 | 2023 | million people |
Unemployment rate | 6.53 | 2023 | percent |
Female unemployment | 5.44 | 2023 | percent |
Male unemployment | 7.60 | 2023 | percent |
Youth unemployment | 12.50 | 2023 | percent |
Labor force participation | 61.43 | 2023 | percent |
Labor force: percent female | 49.44 | 2023 | percent |
Female labor force participation | 55.68 | 2023 | percent |
Male labor force participation | 68.33 | 2023 | percent |
Hours worked | 1,548.00 | 2023 | hours |
Self-employment | 13.40 | 2022 | percent |
Employment | 0.88 | Q2/2024 | million employed people |
Unemployment rate | 6.60 | 10/2024 | percent |
Labor cost | 137.00 | Q2/2024 | index points |