Productivity and unit labour costs — GDP per person employed in Latvia
Latvia: Productivity and unit labour costs — GDP per person employed was 111.2 Index in 2026. ▲ Rising
Productivity and unit labour costs — GDP per person employed in Latvia, 1995–2026
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
The most recent figure for productivity and unit labour costs — gdp per person employed in Latvia is 111.2 Index, measured in 2026.
Compared with earlier readings it is down 8.4% on the previous year and up 0.5% over ten years.
Over the whole period, productivity and unit labour costs — gdp per person employed in Latvia peaked at 122.99 Index in 2021 and was at its lowest, 44.99 Index, in 1995.
The long-run direction has been consistently rising across the 32 years of available data.
Productivity and unit labour costs — GDP per person employed in Latvia, year by year
| Year | Index | Change |
|---|---|---|
| 1995 | 44.99 Index | — |
| 1996 | 48.04 Index | +6.8% |
| 1997 | 48.51 Index | +1.0% |
| 1998 | 49.41 Index | +1.9% |
| 1999 | 55.36 Index | +12.0% |
| 2000 | 60.33 Index | +9.0% |
| 2001 | 63.8 Index | +5.7% |
| 2002 | 67.89 Index | +6.4% |
| 2003 | 73.98 Index | +9.0% |
| 2004 | 80.1 Index | +8.3% |
| 2005 | 90.3 Index | +12.7% |
| 2006 | 97.11 Index | +7.5% |
| 2007 | 99.03 Index | +2.0% |
| 2008 | 93.23 Index | -5.9% |
| 2009 | 97.39 Index | +4.5% |
| 2010 | 94.46 Index | -3.0% |
| 2011 | 96.79 Index | +2.5% |
| 2012 | 100.48 Index | +3.8% |
| 2013 | 103.02 Index | +2.5% |
| 2014 | 105.88 Index | +2.8% |
| 2015 | 106.92 Index | +1.0% |
| 2016 | 110.61 Index | +3.4% |
| 2017 | 113.44 Index | +2.6% |
| 2018 | 118.35 Index | +4.3% |
| 2019 | 113.75 Index | -3.9% |
| 2020 | 115.16 Index | +1.2% |
| 2021 | 122.99 Index | +6.8% |
| 2022 | 120.91 Index | -1.7% |
| 2023 | 116.18 Index | -3.9% |
| 2024 | 119.51 Index | +2.9% |
| 2025 | 121.36 Index | +1.5% |
| 2026 | 111.2 Index | -8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 49.26 Index | 44.99 Index | 55.36 Index | 5 |
| 2000s | 82.32 Index | 60.33 Index | 99.03 Index | 10 |
| 2010s | 106.37 Index | 94.46 Index | 118.35 Index | 10 |
| 2020s | 118.19 Index | 111.2 Index | 122.99 Index | 7 |
Countries ranked near Latvia
- 1 Poland 124.96 Index compare
- 1 Costa Rica 125.87 Index compare
- 2 Israel 118.11 Index compare
- 2 Türkiye 121.37 Index compare
- 3 Ireland 117.05 Index compare
- 3 Lithuania 118.14 Index compare
- 4 Switzerland 111.21 Index compare
- 5 Denmark 108.35 Index compare
- 5 Slovenia 109.1 Index compare
- 6 Estonia 103.39 Index compare
- 6 Czechia 107.98 Index compare
- 7 Netherlands 101.42 Index compare
- 7 Norway 107.89 Index compare
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is productivity and unit labour costs — gdp per person employed in Latvia?
- Productivity and unit labour costs — gdp per person employed in Latvia was 111.2 Index in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest productivity and unit labour costs — gdp per person employed recorded in Latvia?
- The highest recorded value was 122.99 Index in 2021.
- What is the lowest productivity and unit labour costs — gdp per person employed recorded in Latvia?
- The lowest recorded value was 44.99 Index in 1995.
- How does Latvia rank for productivity and unit labour costs — gdp per person employed?
- Latvia ranks 4th out of 8 countries with data for 2026.
- Is productivity and unit labour costs — gdp per person employed rising or falling in Latvia?
- Over the last ten years it is up 0.5%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Productivity and unit labour costs — GDP per person employed. Statizoid updates them automatically from the source API.
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About this data
The OECD Productivity Database aims at providing users with the most comprehensive and the latest productivity estimates. The update cycle is on a rolling basis: each variable in the dataset is made publicly available as soon as it is updated in the sources databases. The productivity database contains data on labour productivity both measured using employment or hours worked and the compenents of capital and labour inputs. The productivity database in levels, in growth rates and by industry contains annual data, while the database on productivity and unit labour costs are quarterly estimates. Further information for all datasets and the methodology may be found in the attached file OECD-Productivity-Statistics-Database-metadata