Latvia Unemployment Rate 1991-2024

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
  • Latvia unemployment rate for 2023 was 6.53%, a 0.28% decline from 2022.
  • Latvia unemployment rate for 2022 was 6.82%, a 0.7% decline from 2021.
  • Latvia unemployment rate for 2021 was 7.51%, a 0.59% decline from 2020.
  • Latvia unemployment rate for 2020 was 8.10%, a 1.79% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
Spain 12.14%
Virgin Islands (U.S.) 12.09%
French Polynesia 11.72%
New Caledonia 11.22%
Greece 11.00%
Bahamas 9.20%
Chile 9.04%
Uruguay 8.35%
Barbados 7.95%
Italy 7.62%
Sweden 7.59%
France 7.32%
Finland 7.16%
Lithuania 6.96%
Panama 6.70%
Latvia 6.53%
Portugal 6.49%
Estonia 6.35%
Argentina 6.18%
Croatia 6.06%
Channel Islands 5.98%
Cyprus 5.96%
Puerto Rico 5.96%
Slovak Republic 5.84%
Belgium 5.51%
Guam 5.42%
Canada 5.37%
Brunei 5.27%
Austria 5.24%
Luxembourg 5.19%
Denmark 5.14%
Saudi Arabia 4.88%
Ireland 4.34%
Trinidad and Tobago 4.21%
Hungary 4.13%
United Kingdom 4.06%
Switzerland 4.05%
Hong Kong 3.93%
New Zealand 3.74%
Australia 3.67%
Slovenia 3.63%
United States 3.63%
Norway 3.58%
Iceland 3.56%
Netherlands 3.56%
Singapore 3.47%
Israel 3.39%
Malta 3.13%
Germany 3.05%
Poland 2.91%
UAE 2.71%
South Korea 2.64%
Czech Republic 2.59%
Japan 2.58%
Macao 2.25%
Kuwait 2.08%
Oman 1.46%
Bahrain 1.16%
Qatar 0.13%
Latvia Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2023 6.53% -0.28%
2022 6.82% -0.70%
2021 7.51% -0.59%
2020 8.10% 1.79%
2019 6.31% -1.10%
2018 7.41% -1.30%
2017 8.72% -0.93%
2016 9.64% -0.23%
2015 9.87% -0.97%
2014 10.85% -1.02%
2013 11.87% -3.18%
2012 15.05% -1.16%
2011 16.21% -3.28%
2010 19.48% 1.97%
2009 17.52% 9.78%
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% -0.66%
1998 14.45% -0.45%
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%