Productivity in Latvia increased to 135.20 Index Points in the third quarter of 2019 from 134.40 Index Points in the second quarter of 2019.

Productivity in Latvia averaged 89.08 Index Points from 1995 until 2019, reaching an all time high of 136.70 Index Points in the fourth quarter of 2018 and a record low of 44.30 Index Points in the first quarter of 1996. This page provides - Latvia Productivity- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Productivity in Latvia is expected to be 129.79 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Latvia to stand at 131.21 in 12 months time. In the long-term, the Latvia Productivity is projected to trend around 130.56 Index Points in 2020, according to our econometric models.


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Latvia Productivity

Actual Previous Highest Lowest Dates Unit Frequency
135.20 134.40 136.70 44.30 1995 - 2019 points Quarterly
2010=100, NSA
Latvia Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.00 6.40 21.30 5.30 percent [+]
Employed Persons 917.80 905.60 1404.00 830.00 Thousand [+]
Unemployed Persons 57808.00 53783.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 2.20 2.50 10.10 1.20 percent [+]
Youth Unemployment Rate 10.50 10.20 40.90 7.60 percent [+]
Labour Costs 124.11 121.10 124.11 34.64 points [+]
Job Vacancies 28712.00 29704.00 29704.00 1643.00 [+]
Wages 783.00 799.00 822.00 113.00 EUR/Month [+]
Minimum Wages 430.00 430.00 430.00 75.18 EUR/Month [+]
Population 1.93 1.95 2.67 1.93 Million [+]
Retirement Age Women 63.25 63.00 63.25 59.50 [+]
Retirement Age Men 63.25 63.00 63.25 62.00 [+]
Labor Force Participation Rate 69.90 69.00 70.20 59.90 percent [+]
Part Time Employment 76.60 68.80 116.00 48.80 Thousand [+]
Productivity 135.20 134.40 136.70 44.30 points [+]
Employment Change 1.00 -1.10 3.50 -6.70 percent [+]
Employment Rate 65.60 64.70 65.60 50.80 percent [+]
Full Time Employment 800.80 797.90 984.30 720.30 Thousand [+]