Latvia unemployment rateLatvia unemployment rateLatvia unemployment rate

Latvia unemployment rate

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Key data points


Last release
Observation period
Q3 2024
Next release
Forecast
Highest
21.30% on Mar 31, 2010
Lowest
5.30% on Dec 31, 2007

About Latvia unemployment rate


Category
Labor
Frequency
Quarterly
Units
%
In Latvia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Frequently Asked Questions


To calculate Latvia unemployment rate you need to take the number of the country residents without a job and looking for work divided by the total number of residents in the labor force.
The lowest ever Latvia unemployment rate is 5.30%.
The highest figure Latvia unemployment rate has ever reached is 21.30%.
Last quarter Latvia unemployment rate was 6.70%, and the quarter before that it amounted to 6.90%.