Labour Costs in Latvia increased to 119.34 Index Points in the first quarter of 2019 from 114.48 Index Points in the fourth quarter of 2018. Labour Costs in Latvia averaged 90.73 Index Points from 1995 until 2019, reaching an all time high of 169.58 Index Points in the third quarter of 2008 and a record low of 43.69 Index Points in the first quarter of 1995.

Latvia Labour Costs
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Latvia Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.90 6.90 21.30 5.30 percent [+]
Employed Persons 904.00 909.80 1404.00 830.00 Thousand [+]
Unemployed Persons 55750.00 56105.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 3.00 3.00 10.10 1.20 percent [+]
Youth Unemployment Rate 10.70 11.50 40.80 7.50 percent [+]
Labour Costs 119.34 114.48 169.58 43.69 Index Points [+]
Job Vacancies 27763.00 21048.00 27763.00 1643.00 [+]
Wages 791.00 748.00 794.00 113.00 EUR/Month [+]
Minimum Wages 430.00 430.00 430.00 75.18 EUR/Month [+]
Population 1.93 1.95 2.67 1.93 Million [+]
Retirement Age Women 63.25 63.00 63.25 59.50 [+]
Retirement Age Men 63.25 63.00 63.25 62.00 [+]
Labor Force Participation Rate 70.20 69.70 70.20 59.90 percent [+]
Part Time Employment 67.00 64.30 116.00 48.80 Thousand [+]
Productivity 117.70 136.70 136.70 44.30 Index Points [+]
Employment Change 0.40 -0.60 3.50 -6.70 percent [+]
Employment Rate 64.40 64.70 65.30 50.80 percent [+]
Full Time Employment 802.50 818.60 984.30 720.30 Thousand [+]


Latvia Labour Costs

This page provides - Latvia Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Labour Costs - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
119.34 114.48 169.58 43.69 1995 - 2019 Index Points Quarterly
2010=100, SA




Country Last Previous
Australia 103.80 Mar/19
Brazil 116.60 May/19
Canada 108.49 Mar/19
China 104.30 Mar/19
Euro Area 99.60 Mar/19
France 107.50 Mar/19
Germany 116.69 Mar/19
Italy 111.20 Mar/19
Mexico 85.70 Feb/19
Netherlands 105.20 Mar/19
Singapore 110.80 Mar/19
South Africa 156.20 Dec/18
South Korea 103.10 Dec/18
Spain 100.40 Mar/19
Turkey 188.85 Mar/19
United Kingdom 105.50 Mar/19
United States 108.71 Mar/19


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