Youth Unemployment Rate in Latvia decreased to 15.50 percent in January from 15.70 percent in December of 2020. source: EUROSTAT

Youth Unemployment Rate in Latvia averaged 20.34 percent from 1998 until 2021, reaching an all time high of 40.90 percent in January of 2010 and a record low of 7.60 percent in November of 2007. This page provides the latest reported value for - Latvia Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia Youth Unemployment Rate - values, historical data and charts - was last updated on March of 2021.

Youth Unemployment Rate in Latvia is expected to be 17.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Latvia to stand at 16.00 in 12 months time. In the long-term, the Latvia Youth Unemployment Rate is projected to trend around 16.00 percent in 2022, according to our econometric models.

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Latvia Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
15.50 15.70 40.90 7.60 1998 - 2021 percent Monthly
SA

Latvia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.90 8.40 21.30 5.30 percent [+]
Employed Persons 886.00 893.00 1404.00 830.00 Thousand [+]
Unemployed Persons 72612.00 69605.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 2.20 2.10 10.10 1.20 percent [+]
Youth Unemployment Rate 15.50 15.70 40.90 7.60 percent [+]
Labour Costs 129.63 131.82 132.41 34.64 points [+]
Job Vacancies 20540.00 19753.00 29704.00 1643.00 [+]
Wages 915.00 855.00 915.00 113.00 EUR/Month [+]
Minimum Wages 500.00 430.00 500.00 75.18 EUR/Month [+]
Population 1.92 1.93 2.67 1.92 Million [+]
Retirement Age Women 63.75 63.50 63.75 59.50 [+]
Retirement Age Men 63.75 63.50 63.75 62.00 [+]
Labor Force Participation Rate 70.10 70.10 70.20 59.90 percent [+]
Productivity 119.30 113.30 119.30 40.90 points [+]
Part Time Employment 62.70 68.30 116.00 48.80 Thousand [+]
Employment Change 1.40 -4.20 3.40 -6.70 percent [+]
Employment Rate 63.80 64.30 65.60 50.80 percent [+]
Full Time Employment 786.70 782.60 984.30 720.30 Thousand [+]