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Latvia – LV

EU regions: Latvia


map of Latvia LV
IndicatorPeriodValue
Labour market policy
public expenditure on labour market policies as % of GDP20210.482
public expenditure on active labour market policies20210.094
Life long learning
life long learning participation202310.7
Precarious work
percentage of employees ususally working on Sunday202310.1
percentage of employees ususally working at nights20234.1
percentage of employees with temporary contracts2024q11.6
Part time jobs and flexible employment
working hours on full time job2024q139.5
percentage of workers usually working from home20238.3
percentage of part time workers2024q16.75
percentage of part time workers, men2024q15.24
percentage of part time workers, women2024q18.28
Minimum and average wage
share of salaries on GDP2024q156.6
minimum monthly was as aproportion of average monthly earnings in industry and services202238.5
monthly minimum wage in €2024q1700
monthly minimum wage in PPS2024q1822.52
annual net earnings of a full-time single worker without children earning an average wage in PPS202315 889
Gender differences
gender pay gap202217.1
employment of mothers of more than 3 children202365
healthy life expectancy of men vs. women2022112.84
gender gap in employment rate202396.56
gender gap in unemployment rate202369.74
Graduates and young people
unemployment rate of youth with elementary education202321.2
unemployment rate of youth with secondary education2024q111.4
unemployment rate of youth with tertiary education2013q326.7
NEET20237.2
Gross domestic product
GDP per capita in PPS of EU average202371
HICP inflationJune 20241.4
Payable interest of public debt as % od GDP20230.6
Employment
employment rate2024q171.1
Social exclusion
people at risk of poverty or social exclusion202026
job vacancies rate2024q12.7

More on wikipedia wikidata Q211 Latvia slovensky: LV

Subregions: Latvia, Latvia


demographic pyramid LV Latvia based on economic activity – employed, unemploye, inactive

Unemployment

IndicatorPeriodValue
Unemployment
unemployment rate20236.8
youth unemployment rate2024q111.9
unemployment rate of low educated people2024q117.7
Long term unemployment
long term unemployment20231.8
share of long term unemployed2024q125.7

Composition of population according to age group, education and economic activity, Latvia

Age groupLow educationMiddle educationHigh education
Y20-29P: 16.9
E: 8.2; U: 2.1; I: 6.6
P: 104.4
E: 66.7; U: 8.9; I: 28.8
P: 54.6
E: 45.9; U: 2.6; I: 6.1
Y30-39P: 25.1
E: 16.6; U: 2.2; I: 6.3
P: 116.5
E: 94.9; U: 8.0; I: 13.6
P: 126.4
E: 111.4; U: 5.1; I: 9.9
Y40-49P: 29.3
E: 19.5; U: 2.8; I: 7.0
P: 117.5
E: 92.7; U: 9.1; I: 15.7
P: 102.4
E: 92.8; U: 2.8; I: 6.8
Y50-59P: 12.5
E: 6.2; U: 1.5; I: 4.8
P: 158.9
E: 120.5; U: 8.1; I: 30.3
P: 83.8
E: 73.5; U: 3.5; I: 6.8
Y60-69P: 13.8
E: 2.9; U: 0.3; I: 10.6
P: 162.6
E: 75.7; U: 3.6; I: 83.3
P: 70.1
E: 39.6; U: 1.9; I: 28.6

Note: in thousands in 2022, according to labour force sample survey. P – total population, E – employed, U – unemployed, I – number of ecnomically inactive

Demographics

demographic pyramid LV 1996 Latvia, population pyramid of Latvia
IndicatorPeriodValue
Demographics
number of inhabitants20231.883008e+06
population density202229.7
old-age dependency ratio202333.3
Population ageing
unemployment rate – over 55 years2024q16.9
aggregate replacement ratio20230.5
aggregate replacement ratio – females20230.53
life expectancy of a 50 year old202227.7
healty life expectancy at 50 years202211.6
demographic pyramid LV Latvia

Employment by sectors, Latvia

NACE r2%NACE r2%
A59.97 %B-E13315 %
F70.48 %G-I230.726 %
J42.15 %K16.42 %
L19.92 %M_N64.17 %
O-Q206.123 %R-U45.65 %
TOTAL889.9100 %

Data for the period year 2023. Source of the data is Eurostat, table [lfst_r_lfe2en2].

Employment by sectors, Latvia, 2023

From Wikipedia:

Latvia ( or (listen); Latvian: Latvija [ˈlatvija], Livonian: Lețmō), officially the Republic of Latvia (Latvian: Latvijas Republika, Livonian: Lețmō Vabāmō), is a country in the Baltic region of Northern Europe. Since its independence, Latvia has been referred to as one of the Baltic states. It is bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast, and shares a maritime border with Sweden to the west. Latvia has 1,957,200 inhabitants and a territory of 64,589 km2 (24,938 sq mi). The country has a temperate seasonal climate.

After centuries of Swedish, Polish and Russian rule, a rule mainly executed by the Baltic German aristocracy, the Republic of Latvia was established on 18 November 1918 when it broke away and declared independence in the aftermath of World War I. However, by the 1930s the country became increasingly autocratic after the coup in 1934 establishing an authoritarian regime under Kārlis Ulmanis. The country's de facto independence was interrupted at the outset of World War II, beginning with Latvia's forcible incorporation into the Soviet Union, followed by the invasion and occupation by Nazi Germany in 1941, and the re-occupation by the Soviets in 1944 (Courland Pocket in 1945) to form the Latvian SSR for the next 45 years.

The peaceful Singing Revolution, starting in 1987, called for Baltic emancipation from Soviet rule and condemning the Communist regime's illegal takeover. It ended with the Declaration on the Restoration of Independence of the Republic of Latvia on 4 May 1990, and restoring de facto independence on 21 August 1991. Latvia is a democratic sovereign state, parliamentary republic and a very highly developed country according to the United Nations Human Development Index. Its capital Riga served as the European Capital of Culture in 2014.

Other: Luxembourg, Liechtenstein, Lithuania, Latvia

Neighbours: Estonia, Lithuania

Subregions: Latvia, Latvia

Suggested citation: Michal Páleník: Europe and its regions in numbers - Latvia – LV, IZ Bratislava, retrieved from: https://www.iz.sk/​PLV, ISBN: 978-80-970204-9-1, DOI:10.5281/zenodo.10200164


https://www.iz.sk/en/projects/eu-regions/LV