Productivity in Latvia decreased to 117.90 points in the second quarter of 2021 from 122.90 points in the first quarter of 2021. source: EUROSTAT

Productivity in Latvia averaged 79.88 points from 1995 until 2021, reaching an all time high of 122.90 points in the first quarter of 2021 and a record low of 40.90 points in the first quarter of 1996. This page provides - Latvia Productivity- actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Productivity - values, historical data and charts - was last updated on October of 2021.

Productivity in Latvia is expected to be 129.79 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Productivity is projected to trend around 130.95 points in 2022 and 130.56 points in 2023, according to our econometric models.

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Latvia Productivity

Latvia Last Unit Reference Previous Highest Lowest
Long Term Unemployment Rate 2.40 percent Mar/21 2.10 10.10 1.20
Youth Unemployment Rate 12.80 percent Aug/21 13.60 41.00 7.60
Job Vacancies 25060.00 Jun/21 21326.00 29704.00 1643.00
Minimum Wages 500.00 EUR/Month Sep/21 500.00 500.00 75.18
Productivity 117.90 points Jun/21 122.90 122.90 40.90
Part Time Employment 59.70 Thousand Jun/21 71.60 116.00 48.80
Full Time Employment 757.80 Thousand Jun/21 740.50 984.30 720.30
Employment Change -3.90 percent Mar/21 -0.50 3.40 -6.70

Latvia Productivity
In Latvia, productivity refers to real labour productivity per hour worked.