Latvia: Unemployment rate

* indicates monthly or quarterly data series
 Latvia

Unemployment rate, percent

 Latest value 7.1
 Reference January 2024
 Measure percent
 Data availability April 1998 - January 2024
 Average 10.9
 Min - Max 5.1 - 21.4
 Source Eurostat
For that indicator, we provide data for Latvia from April 1998 to January 2024. The average value for Latvia during that period was 10.9 percent with a minimum of 5.1 percent in October 2007 and a maximum of 21.4 percent in March 2010. Click on the following link to see the values of Unemployment rate, percent around the world.
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* indicates monthly or quarterly data series


Recent values chart
Latvia - Unemployment rate  - recent values

Historical chart
Latvia - Unemployment rate  - historical chart - 1998-2024
Measure: percent
Source: Eurostat


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Definition: The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.

 Related indicators Latest value Reference Measure
 Labor force 0.97 2022 million people
 Unemployment rate 6.43 2022 percent
 Female unemployment 4.98 2022 percent
 Male unemployment 7.84 2022 percent
 Youth unemployment 13.20 2022 percent
 Labor force participation 61.08 2022 percent
 Labor force: percent female 49.39 2022 percent
 Female labor force participation 55.25 2022 percent
 Male labor force participation 68.10 2022 percent
 Employment 0.89 Q3/2023 million employed people
 Unemployment rate 6.40 9/2023 percent
 Labor cost 124.90 Q3/2023 index points
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