Unemployment / Latvia
Latvia Unemployment
Latvia unemployment data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 6.57%.
COUNTRY: Latvia
UNIT: percent of GDP
SOURCE: World Bank / public data sources
UPDATED: 2026-08-31 05:08:45
GM ECONOMY RATING
Latvia · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BB
63 / 100
Moderate stability
Fiscal stability
17.0 / 25
Macroeconomic stability
15.0 / 20
External stability
2.0 / 15
Financial robustness
n/a
Structural stability
13.0 / 15
Future capacity
8.0 / 10
Demographic capacity
2.0 / 5
Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 86% of weighted inputs available.
Time range:
Selected year: · Value:
Latvia · unemployment data as percent of GDP.
Latest
6.57%
Previous
6.90%
Range avg.
7.44%
Rank
32
Countries by unemployment
full rankingGM ECONOMY
Data Navigator
Countries, indicators and comparisons
CountryLatvia
IndicatorUnemployment
6.57%2025 · Rank 32
Chart range
All indicators
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Latvia recorded 6.57% for Unemployment in 2025, the latest available observation in this dataset.
Compared with 2024, the indicator decreased by 0.33 percentage points, from 6.90% to 6.57%.
The latest observation is below the average of the last 10 available observations (7.44%).
Across the five latest available observations (2021–2025), the pattern is predominantly downward.
Within the last 10 available observations, the low was 6.31% in 2019 and the high was 9.64% in 2016.
Comparison
Related indicators
Youth UnemploymentSL.UEM.1524.ZS
Employment RateSL.EMP.TOTL.SP.ZS
Labor Force ParticipationSL.TLF.CACT.ZS
Labor Force TotalSL.TLF.TOTL.IN
Vulnerable EmploymentSL.EMP.VULN.ZS