Output per hour worked, GDP constant 2021 international $ at PPP (ILO) in Latvia
Latvia: Output per hour worked, GDP constant 2021 international $ at PPP (ILO) was 48.21 in 2027. ▲ Rising
Output per hour worked, GDP constant 2021 international $ at PPP in Latvia, 2005–2027
Source: International Labour Organization.
Analysis
The most recent figure for output per hour worked, gdp constant 2021 international $ at ppp in Latvia is 48.21, measured in 2027. That is the highest value across all 23 years on record.
That represents a change of up 3.2% on the previous year and up 26.6% over ten years.
Over the whole period, output per hour worked, gdp constant 2021 international $ at ppp in Latvia peaked at 48.21 in 2027 and was at its lowest, 25.45, in 2005.
That places Latvia 49th out of 188 countries with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Output per hour worked, GDP constant 2021 international $ at PPP (ILO) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 25.45 | — |
| 2006 | 27.26 | +7.1% |
| 2007 | 29.71 | +9.0% |
| 2008 | 30.31 | +2.0% |
| 2009 | 30.23 | -0.3% |
| 2010 | 31.38 | +3.8% |
| 2011 | 31.61 | +0.7% |
| 2012 | 33.7 | +6.6% |
| 2013 | 33.71 | +0.0% |
| 2014 | 34.28 | +1.7% |
| 2015 | 35.91 | +4.8% |
| 2016 | 36.99 | +3.0% |
| 2017 | 38.07 | +2.9% |
| 2018 | 38.74 | +1.8% |
| 2019 | 39.66 | +2.4% |
| 2020 | 39.96 | +0.8% |
| 2021 | 44.43 | +11.2% |
| 2022 | 43.26 | -2.6% |
| 2023 | 44.49 | +2.8% |
| 2024 | 44.43 | -0.1% |
| 2025 | 45.29 | +1.9% |
| 2026 | 46.71 | +3.1% |
| 2027 | 48.21 | +3.2% |
Latvia compared with similar countries
- Latvia's 48.21 is below the median for high income countries, which is 62.96, 77% of the median. (62 countries reporting)
- Latvia's 48.21 is below the median for Europe & Central Asia, which is 51.7, 93% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28.59 | 25.45 | 30.31 | 5 |
| 2010s | 35.41 | 31.38 | 39.66 | 10 |
| 2020s | 44.6 | 39.96 | 48.21 | 8 |
Countries ranked near Latvia
More economy & growth data for Latvia
- 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)
- IMF holdings of currency, SDR, annual growth rate -7.43 % change on previous year (2025)
Frequently asked questions
- What is output per hour worked, gdp constant 2021 international $ at ppp in Latvia?
- Output per hour worked, gdp constant 2021 international $ at ppp in Latvia was 48.21 in 2027, according to International Labour Organization.
- What is the highest output per hour worked, gdp constant 2021 international $ at ppp recorded in Latvia?
- The highest recorded value was 48.21 in 2027.
- What is the lowest output per hour worked, gdp constant 2021 international $ at ppp recorded in Latvia?
- The lowest recorded value was 25.45 in 2005.
- How does Latvia rank for output per hour worked, gdp constant 2021 international $ at ppp?
- Latvia ranks 49th out of 188 countries with data for 2027.
- Is output per hour worked, gdp constant 2021 international $ at ppp rising or falling in Latvia?
- Over the last ten years it is up 26.6%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from International Labour Organization, published as part of Output per hour worked, GDP constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. This measure of labour productivity is calculated using data on GDP (in constant 2021 international dollars at PPP) derived from the World Development Indicators database of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.