Labour share of GDP (%) in Latvia
Latvia: Labour share of GDP (%) was 63.7% in 2025. ▲ Rising
Latest (2025)
63.7%
Change on year
down 0.5%
World rank
5th
of 104 countries
All-time high
64.0%
in 2024
All-time low
44.4%
in 2004
Years of data
22
2004–2025
Labour share of GDP in Latvia, 2004–2025
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2025, labour share of gdp in Latvia stood at 63.7%.
That represents a change of down 0.5% on the previous year and up 21.3% over ten years.
Over the whole period, labour share of gdp in Latvia peaked at 64.0% in 2024 and was at its lowest, 44.4%, in 2004.
Latvia ranks 5th of 104 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 22 years of available data.
Labour share of GDP (%) in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 2004 | 44.4% | — |
| 2005 | 46.5% | +4.7% |
| 2006 | 47.8% | +2.8% |
| 2007 | 51.1% | +6.9% |
| 2008 | 56.4% | +10.4% |
| 2009 | 54.7% | -3.0% |
| 2010 | 49.9% | -8.8% |
| 2011 | 47.6% | -4.6% |
| 2012 | 46.7% | -1.9% |
| 2013 | 49.2% | +5.4% |
| 2014 | 50.6% | +2.8% |
| 2015 | 52.5% | +3.8% |
| 2016 | 53.9% | +2.7% |
| 2017 | 54.6% | +1.3% |
| 2018 | 56.1% | +2.7% |
| 2019 | 57.7% | +2.9% |
| 2020 | 59.7% | +3.5% |
| 2021 | 56.4% | -5.5% |
| 2022 | 56.5% | +0.2% |
| 2023 | 60.8% | +7.6% |
| 2024 | 64.0% | +5.3% |
| 2025 | 63.7% | -0.5% |
Latvia compared with similar countries
- Latvia's 63.7% is above the median for high income countries, which is 55.7%, 1.1× the median. (35 countries reporting)
- Latvia's 63.7% is above the median for Europe & Central Asia, which is 55.7%, 1.1× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 50.1% | 44.4% | 56.4% | 6 |
| 2010s | 51.9% | 46.7% | 57.7% | 10 |
| 2020s | 60.2% | 56.4% | 64.0% | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Real gdp growth, annual growth rate 96.07 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
Frequently asked questions
- What is labour share of gdp in Latvia?
- Labour share of gdp in Latvia was 63.7% in 2025, according to United Nations Statistics Division, SDG Global Database.
- What is the highest labour share of gdp recorded in Latvia?
- The highest recorded value was 64.0% in 2024.
- What is the lowest labour share of gdp recorded in Latvia?
- The lowest recorded value was 44.4% in 2004.
- How does Latvia rank for labour share of gdp?
- Latvia ranks 5th out of 104 countries with data for 2025.
- Is labour share of gdp rising or falling in Latvia?
- Over the last ten years it is up 21.3%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Labour share of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under UN SDG Global Database (open, attribution requested).