Latvia: Unemployment rate
* indicates monthly or quarterly data series
The most recent value is 6.6 percent as of October 2024, an increase compared to the previous value of 6.5 percent. Historically, the average for Latvia from April 1998 to October 2024 is 10.79 percent. The minimum of 5.1 percent was recorded in October 2007, while the maximum of 21.4 percent was reached in March 2010.
Click on the following link to see the values of: Unemployment rate around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | Latvia: Unemployment rate, percent |
|---|---|
| 2024 Oct | 6.6 |
| 2024 Sep | 6.5 |
| 2024 Aug | 6.7 |
| 2024 Jul | 6.8 |
| 2024 Jun | 6.8 |
| 2024 May | 6.9 |
| 2024 Apr | 7.1 |
| 2024 Mar | 7.3 |
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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 | 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 |