Youth Unemployment Rate in Latvia increased to 13.90 percent in October from 13.40 percent in September of 2020. source: Eurostat

Youth Unemployment Rate in Latvia averaged 20.39 percent from 1998 until 2020, 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 December of 2020.

Youth Unemployment Rate in Latvia is expected to be 18.00 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 17.50 in 12 months time. In the long-term, the Latvia Youth Unemployment Rate is projected to trend around 17.50 percent in 2021 and 15.60 percent in 2022, according to our econometric models.

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Latvia Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
13.90 13.40 40.90 7.60 1998 - 2020 percent Monthly
SA

Latvia Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.40 8.60 21.30 5.30 percent [+]
Employed Persons 893.00 892.10 1404.00 830.00 Thousand [+]
Unemployed Persons 67124.00 70306.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 2.20 2.10 10.10 1.20 percent [+]
Youth Unemployment Rate 13.90 13.40 40.90 7.60 percent [+]
Labour Costs 131.82 132.41 132.41 34.64 points [+]
Job Vacancies 19753.00 18255.00 29704.00 1643.00 [+]
Wages 836.00 815.00 846.00 113.00 EUR/Month [+]
Minimum Wages 430.00 430.00 430.00 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 69.90 70.20 59.90 percent [+]
Productivity 117.50 112.00 117.50 40.90 points [+]
Part Time Employment 62.70 68.30 116.00 48.80 Thousand [+]
Employment Change -4.40 0.10 3.40 -6.70 percent [+]
Employment Rate 64.10 64.70 65.60 50.80 percent [+]
Full Time Employment 786.70 782.60 984.30 720.30 Thousand [+]