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 2022 was 6.43%, a 1.08% 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.
  • Latvia unemployment rate for 2019 was 6.31%, a 1.1% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
French Polynesia 13.10%
Spain 13.01%
Virgin Islands (U.S.) 12.38%
New Caledonia 12.27%
Greece 12.16%
Bahamas 10.06%
Panama 8.79%
Barbados 8.20%
Italy 8.09%
Uruguay 7.84%
Chile 7.78%
France 7.45%
Sweden 7.36%
Brunei 7.20%
Cyprus 6.98%
Channel Islands 6.92%
Finland 6.80%
Croatia 6.75%
Argentina 6.49%
Latvia 6.43%
Guam 6.13%
Slovak Republic 6.09%
Puerto Rico 5.97%
Estonia 5.85%
Portugal 5.78%
Saudi Arabia 5.64%
Belgium 5.63%
Lithuania 5.57%
Canada 5.21%
Hong Kong 5.06%
Austria 4.71%
Luxembourg 4.70%
Ireland 4.36%
Switzerland 4.20%
Slovenia 4.18%
Denmark 4.17%
Trinidad and Tobago 3.98%
Iceland 3.81%
Australia 3.66%
United States 3.61%
United Kingdom 3.57%
Netherlands 3.54%
Israel 3.48%
Hungary 3.42%
New Zealand 3.25%
Norway 3.17%
Germany 2.99%
Malta 2.81%
South Korea 2.79%
Singapore 2.76%
UAE 2.75%
Japan 2.64%
Macao 2.63%
Poland 2.60%
Kuwait 2.48%
Czech Republic 2.37%
Oman 2.33%
Bahrain 1.40%
Qatar 0.10%
Latvia Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2022 6.43% -1.08%
2021 7.51% -0.59%
2020 8.10% 1.79%
2019 6.31% -1.10%
2018 7.41% -1.31%
2017 8.72% -0.92%
2016 9.64% -0.23%
2015 9.87% -0.98%
2014 10.85% -1.02%
2013 11.87% -3.18%
2012 15.05% -1.16%
2011 16.21% -3.27%
2010 19.48% 1.97%
2009 17.51% 9.77%
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%