Productivity vs annual hours worked in Latvia
Latvia: Productivity vs annual hours worked was 1,625 in 2023. ▼ Falling
Productivity vs annual hours worked in Latvia, 1995–2023
Source: Our World in Data.
Analysis
The most recent figure for productivity vs annual hours worked in Latvia is 1,625, measured in 2023.
Compared with earlier readings it is down 0.3% on the previous year and down 3.6% over ten years.
Over the whole period, productivity vs annual hours worked in Latvia peaked at 1,873 in 2001 and was at its lowest, 1,571, in 2020.
That places Latvia 100th out of 129 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 29 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,863 | 1,860 | 1,867 | 5 |
| 2000s | 1,814 | 1,707 | 1,873 | 10 |
| 2010s | 1,677 | 1,650 | 1,707 | 10 |
| 2020s | 1,606 | 1,571 | 1,630 | 4 |
Countries ranked near Latvia
More economy & growth data for Latvia
- External balance on goods and services as a percent of gdp -4.58 (2025)
- Inflation of consumer prices 3.75 (2025)
- Gdp per capita worldbank constant usd 16,892 (2025)
- Manufacturing value added to gdp 9.99 (2025)
- Gdp worldbank constant usd 31.21 billion (2025)
- Gdp per capita in international and market dollars 16,892 (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 849.88 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 919.89 million current US$ (2024)
- Taxes less subsidies on products 5.62 billion current LCU (2025)
Frequently asked questions
- What is productivity vs annual hours worked in Latvia?
- Productivity vs annual hours worked in Latvia was 1,625 in 2023, according to Our World in Data.
- What is the highest productivity vs annual hours worked recorded in Latvia?
- The highest recorded value was 1,873 in 2001.
- What is the lowest productivity vs annual hours worked recorded in Latvia?
- The lowest recorded value was 1,571 in 2020.
- How does Latvia rank for productivity vs annual hours worked?
- Latvia ranks 100th out of 129 countries with data for 2023.
- Is productivity vs annual hours worked rising or falling in Latvia?
- Over the last ten years it is down 3.6%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Our World in Data, published as part of Productivity vs annual hours worked. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (Our World in Data).