Latvia Unemployment Rate  2002-2017 | Data | Chart | Calendar | Forecast

The jobless rate in Latvia decreased to 9.3 percent in the fourth quarter of 2016 from 9.5 percent in the previous period.It was the lowest unemployment rate since the third quarter of 2008, as the number of unemployed went down by 3.6 thousand to 90.8 thousand, the number of employed fell by 4.6 thousand to 890.4 thousand and the labour force declined by 8.2 thousand to 981.2 thousand. A year earlier, the unemployment rate was higher at 9.8 percent. Considering full 2016, the average jobless rate was recorded at 9.6 percent compared to 9.9 percent in 2015. Unemployment Rate in Latvia averaged 11.82 percent from 2002 until 2016, reaching an all time high of 21.30 percent in the first quarter of 2010 and a record low of 5.30 percent in the fourth quarter of 2007.

Latvia Unemployment Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-08-17 10:00 AM Q2 9.5% 10.3% 9.9%
2016-11-16 11:00 AM Q3 9.5% 9.5% 9.6%
2017-02-23 11:00 AM Q4 9.3% 9.5% 9.6%
2017-05-18 11:00 AM Q1 9.3% 10.1%
2017-08-17 10:00 AM Q2 9.9%
2017-11-16 11:00 AM Q3 9.4%




Latvia Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.30 9.50 21.30 5.30 percent [+]
Employed Persons 890.00 895.00 1404.00 830.00 Thousand [+]
Unemployed Persons 79152.00 80016.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 4.00 3.80 10.10 1.20 percent [+]
Youth Unemployment Rate 19.00 18.30 40.80 7.60 percent [+]
Labour Costs 125.26 124.94 130.14 40.10 Index Points [+]
Job Vacancies 14142.00 13747.00 15204.00 1643.00 [+]
Wages 703.00 644.00 703.00 113.00 EUR/Month [+]
Minimum Wages 380.00 370.00 380.00 75.18 EUR/Month [+]
Population 1.97 1.99 2.68 1.97 Million [+]
Retirement Age Women 62.80 62.60 62.80 59.50 [+]
Retirement Age Men 62.80 62.50 62.80 62.00 [+]
Employment Change -1.50 0.20 3.60 -6.70 percent [+]
Employment Rate 61.70 61.80 63.10 50.80 percent [+]
Full Time Employment 774.10 789.20 984.30 720.30 Thousand [+]
Part Time Employment 82.20 73.00 116.00 48.80 Thousand [+]
Productivity 125.80 122.70 125.80 44.30 Index Points [+]
Labor Force Participation Rate 68.00 68.40 68.40 59.90 percent [+]



Latvia Unemployment Rate Notes

In Latvia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Latvia Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
9.30 9.50 21.30 5.30 2002 - 2016 percent Quarterly



Last
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Congo 46.10 Dec/13
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Afghanistan 40.00 Dec/15
Kenya 40.00 Dec/11
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Gambia 29.80 Dec/13
Yemen 29.00 Dec/11
Namibia 28.10 Dec/14
Republic of the Congo 26.60 Dec/10
South Africa 26.50 Dec/16
Angola 26.00 Dec/14
Palestine 25.70 Dec/16
Lesotho 25.30 Dec/08
Greece 23.10 Dec/16
Macedonia 23.10 Dec/16
Montenegro 22.52 Feb/17
Equatorial Guinea 22.30 Dec/09
Guyana 21.00 Dec/11
Gabon 20.30 Dec/13
Botswana 20.00 Dec/13
Libya 19.50 Dec/11
Sudan 19.50 Dec/14
Spain 18.63 Dec/16
Armenia 18.10 Sep/16
Mozambique 17.00 Dec/07
Ethiopia 16.80 Dec/15
Iraq 16.40 Dec/14
Jordan 15.80 Dec/16
Tunisia 15.50 Sep/16
Croatia 15.30 Feb/17
Syria 14.90 Dec/12
Bahamas 14.80 Dec/15
New Caledonia 14.60 Dec/14
Albania 14.50 Dec/16
Eritrea 14.50 Dec/84
Cyprus 14.10 Jan/17
Nigeria 13.90 Sep/16
Sao Tome and Principe 13.60 Dec/12
Senegal 13.40 Dec/15
Dominican Republic 13.30 Sep/16
Zambia 13.30 Dec/14
Rwanda 13.20 Feb/16
Serbia 13.00 Dec/16
Jamaica 12.90 Sep/16
Mauritania 12.85 Dec/14
Iran 12.70 Sep/16
Turkey 12.70 Dec/16
Brazil 12.60 Jan/17
Cape Verde 12.40 Dec/15
Egypt 12.40 Dec/16
Georgia 12.00 Dec/15
South Sudan 12.00 Dec/08
Italy 11.90 Jan/17
Maldives 11.60 Dec/14
Puerto Rico 11.30 Feb/17
Zimbabwe 11.30 Dec/14
Slovenia 11.20 Jan/17
East Timor 11.00 Dec/13
Uzbekistan 10.70 Dec/13
Algeria 10.50 Sep/16
Colombia 10.50 Feb/17
Portugal 10.50 Dec/16
Tanzania 10.30 Dec/14
Barbados 10.20 Sep/16
Austria 10.10 Feb/17
Belize 10.10 Dec/15
France 10.00 Dec/16
Turkmenistan 10.00 Dec/15
Ukraine 10.00 Dec/16
Euro Area 9.60 Jan/17
Costa Rica 9.50 Dec/16
Morocco 9.40 Dec/16
Latvia 9.30 Dec/16
Finland 9.20 Feb/17
Suriname 8.90 Dec/15
Lithuania 8.80 Feb/17
Mongolia 8.60 Dec/16
Poland 8.50 Feb/17
Slovakia 8.40 Feb/17
Bulgaria 8.20 Jan/17
Mali 8.20 Dec/14
European Union 8.10 Jan/17
Uruguay 8.10 Jan/17
Fiji 7.90 Dec/14
Belgium 7.70 Jan/17
Burundi 7.70 Dec/12
Peru 7.70 Feb/17
Argentina 7.60 Dec/16
Central African Republic 7.60 Dec/12
Guinea Bissau 7.60 Dec/13
Bolivia 7.40 Dec/13
Paraguay 7.40 Dec/16
Sweden 7.40 Feb/17
Honduras 7.30 Dec/15
Venezuela 7.30 Apr/16
Oman 7.20 Dec/14
Comoros 7.00 Dec/12
El Salvador 7.00 Dec/15
Brunei 6.90 Dec/14
Togo 6.90 Dec/13
Haiti 6.80 Dec/14
Nicaragua 6.80 Dec/14
Swaziland 6.70 Dec/13
Burkina Faso 6.60 Dec/14
Canada 6.60 Feb/17
Estonia 6.60 Dec/16
Ireland 6.60 Feb/17
Malawi 6.60 Dec/13
Mauritius 6.60 Dec/16
Philippines 6.60 Mar/17
Lebanon 6.40 Dec/14
Chile 6.20 Jan/17
Luxembourg 6.10 Feb/17
Australia 5.90 Feb/17
Pakistan 5.90 Dec/15
Saudi Arabia 5.70 Sep/16
Indonesia 5.61 Sep/16
Cayman Islands 5.60 Dec/15
Chad 5.60 Dec/13
Panama 5.60 Dec/16
Russia 5.60 Feb/17
Romania 5.40 Jan/17
Ivory Coast 5.30 Dec/13
Netherlands 5.30 Feb/17
Ecuador 5.20 Dec/16
Ghana 5.20 Dec/13
New Zealand 5.20 Dec/16
Czech Republic 5.10 Feb/17
Azerbaijan 5.00 Dec/15
India 4.90 Dec/13
Kazakhstan 4.90 Feb/17
United Kingdom 4.70 Jan/17
United States 4.70 Feb/17
Sri Lanka 4.50 Sep/16
Hungary 4.40 Feb/17
Trinidad and Tobago 4.40 Jun/16
Bangladesh 4.30 Dec/14
Israel 4.30 Feb/17
Denmark 4.20 Jan/17
Malta 4.20 Dec/16
Norway 4.20 Jan/17
Seychelles 4.20 Dec/15
United Arab Emirates 4.20 Dec/12
North Korea 4.10 Dec/14
China 4.02 Dec/16
Myanmar 4.02 Dec/13
Cameroon 4.00 Dec/13
South Korea 4.00 Feb/17
Taiwan 3.83 Feb/17
Germany 3.80 Jan/17
Liberia 3.80 Dec/14
Moldova 3.80 Dec/16
Uganda 3.80 Dec/13
Bahrain 3.70 Dec/12
Switzerland 3.60 Feb/17
Malaysia 3.50 Jan/17
Mexico 3.40 Feb/17
Hong Kong 3.30 Feb/17
Sierra Leone 3.30 Dec/14
Guatemala 3.10 Jun/16
Iceland 3.10 Feb/17
Japan 3.00 Jan/17
Nepal 3.00 Dec/14
Bhutan 2.50 Dec/16
Papua New Guinea 2.50 Dec/14
Cuba 2.40 Dec/15
Liechtenstein 2.40 Dec/15
Tajikistan 2.30 Dec/16
Niger 2.25 Dec/08
Kuwait 2.20 Dec/15
Kyrgyzstan 2.20 Jan/17
Singapore 2.20 Dec/16
Vietnam 2.14 Sep/16
Macau 2.00 Feb/17
Guinea 1.70 Dec/13
Laos 1.40 Dec/14
Madagascar 1.20 Dec/12
Thailand 1.10 Feb/17
Benin 1.00 Dec/13
Belarus 0.90 Feb/17
Cambodia 0.50 Dec/15
Qatar 0.20 Sep/16