Long Term Unemployment Rate in Latvia increased to 2.20 percent in the third quarter of 2020 from 2.10 percent in the first quarter of 2020. source: EUROSTAT
Long Term Unemployment Rate in Latvia averaged 4.89 percent from 1998 until 2020, reaching an all time high of 10.10 percent in the first quarter of 2011 and a record low of 1.20 percent in the third quarter of 2007. This page provides - Latvia Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Long Term Unemployment Rate - values, historical data and charts - was last updated on January of 2021.
Long Term Unemployment Rate in Latvia is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Latvia to stand at 2.40 in 12 months time. In the long-term, the Latvia Long Term Unemployment Rate is projected to trend around 2.40 percent in 2021 and 0.50 percent in 2022, according to our econometric models.