Latvia Unemployment Rate 1991-2023

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
  • Latvia unemployment rate for 2021 was 7.60%, a 0.5% decline from 2020.
  • Latvia unemployment rate for 2020 was 8.10%, a 1.79% increase from 2019.
  • Latvia unemployment rate for 2019 was 6.31%, a 1.1% decline from 2018.
  • Latvia unemployment rate for 2018 was 7.41%, a 1.31% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
New Caledonia 16.57%
Greece 14.80%
Spain 14.73%
French Polynesia 14.39%
Virgin Islands (U.S.) 13.27%
Bahamas 13.24%
Panama 12.09%
Argentina 10.90%
Uruguay 10.45%
Barbados 10.41%
Italy 9.83%
Chile 9.13%
Croatia 8.68%
Sweden 8.66%
Puerto Rico 8.27%
France 8.06%
Lithuania 7.90%
Brunei 7.65%
Latvia 7.60%
Finland 7.53%
Canada 7.51%
Channel Islands 7.37%
Saudi Arabia 7.36%
Guam 6.98%
Slovak Republic 6.74%
Portugal 6.65%
Ireland 6.63%
Belgium 6.42%
Estonia 6.33%
Austria 6.30%
Cyprus 6.13%
United States 5.46%
Iceland 5.40%
Switzerland 5.32%
Hong Kong 5.32%
Luxembourg 5.23%
Australia 5.11%
Israel 5.05%
Norway 4.99%
Trinidad and Tobago 4.81%
Denmark 4.80%
United Kingdom 4.53%
Slovenia 4.42%
New Zealand 4.12%
Hungary 4.12%
Netherlands 4.01%
Kuwait 3.71%
Singapore 3.62%
Germany 3.54%
South Korea 3.53%
Malta 3.50%
Poland 3.37%
UAE 3.36%
Oman 3.12%
Macao 3.01%
Czech Republic 2.89%
Japan 2.80%
Bahrain 1.87%
Qatar 0.26%
Latvia Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2021 7.60% -0.50%
2020 8.10% 1.79%
2019 6.31% -1.10%
2018 7.41% -1.31%
2017 8.72% -0.92%
2016 9.64% -0.23%
2015 9.87% -0.98%
2014 10.85% -1.02%
2013 11.87% -3.18%
2012 15.05% -1.16%
2011 16.21% -3.27%
2010 19.48% 1.97%
2009 17.51% 9.77%
2008 7.74% 1.69%
2007 6.05% -0.98%
2006 7.03% -3.00%
2005 10.03% -1.68%
2004 11.71% -0.35%
2003 12.06% -1.77%
2002 13.83% 0.01%
2001 13.82% -0.39%
2000 14.21% 0.42%
1999 13.79% -0.67%
1998 14.46% -0.44%
1997 14.90% -5.80%
1996 20.70% 1.70%
1995 19.00% 0.30%
1994 18.70% 2.00%
1993 16.70% 10.10%
1992 6.60% 3.90%
1991 2.70% 3.90%