Real labour productivity by main economic activity (ROPI-adjusted for) in Latvia
Latvia: Real labour productivity by main economic activity (ROPI-adjusted for) was 63,922 US dollars per worker, PPP converted in 2024. ▲ Rising
Real labour productivity by main economic activity (ROPI-adjusted for) in Latvia, 2000–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars per worker, PPP converted.
Analysis
In 2024, real labour productivity by main economic activity (ropi-adjusted for) in Latvia stood at 63,922 US dollars per worker, PPP converted.
Compared with earlier readings it is up 0.5% on the previous year and up 14.1% over ten years.
Over the whole period, real labour productivity by main economic activity (ropi-adjusted for) in Latvia peaked at 65,055 US dollars per worker, PPP converted in 2022 and was at its lowest, 31,028 US dollars per worker, PPP converted, in 2000.
That places Latvia 34th out of 41 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Real labour productivity by main economic activity (ROPI-adjusted for) in Latvia, year by year
| Year | US dollars per worker, PPP converted | Change |
|---|---|---|
| 2000 | 31,028 US dollars per worker, PPP converted | — |
| 2001 | 32,540 US dollars per worker, PPP converted | +4.9% |
| 2002 | 34,608 US dollars per worker, PPP converted | +6.4% |
| 2003 | 37,268 US dollars per worker, PPP converted | +7.7% |
| 2004 | 40,429 US dollars per worker, PPP converted | +8.5% |
| 2005 | 44,841 US dollars per worker, PPP converted | +10.9% |
| 2006 | 47,633 US dollars per worker, PPP converted | +6.2% |
| 2007 | 50,251 US dollars per worker, PPP converted | +5.5% |
| 2008 | 49,749 US dollars per worker, PPP converted | -1.0% |
| 2009 | 50,107 US dollars per worker, PPP converted | +0.7% |
| 2010 | 51,386 US dollars per worker, PPP converted | +2.6% |
| 2011 | 51,958 US dollars per worker, PPP converted | +1.1% |
| 2012 | 54,758 US dollars per worker, PPP converted | +5.4% |
| 2013 | 54,285 US dollars per worker, PPP converted | -0.9% |
| 2014 | 56,029 US dollars per worker, PPP converted | +3.2% |
| 2015 | 57,204 US dollars per worker, PPP converted | +2.1% |
| 2016 | 58,526 US dollars per worker, PPP converted | +2.3% |
| 2017 | 60,536 US dollars per worker, PPP converted | +3.4% |
| 2018 | 61,528 US dollars per worker, PPP converted | +1.6% |
| 2019 | 60,684 US dollars per worker, PPP converted | -1.4% |
| 2020 | 58,968 US dollars per worker, PPP converted | -2.8% |
| 2021 | 64,086 US dollars per worker, PPP converted | +8.7% |
| 2022 | 65,055 US dollars per worker, PPP converted | +1.5% |
| 2023 | 63,585 US dollars per worker, PPP converted | -2.3% |
| 2024 | 63,922 US dollars per worker, PPP converted | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 41,845 US dollars per worker, PPP converted | 31,028 US dollars per worker, PPP converted | 50,251 US dollars per worker, PPP converted | 10 |
| 2010s | 56,690 US dollars per worker, PPP converted | 51,386 US dollars per worker, PPP converted | 61,528 US dollars per worker, PPP converted | 10 |
| 2020s | 63,123 US dollars per worker, PPP converted | 58,968 US dollars per worker, PPP converted | 65,055 US dollars per worker, PPP converted | 5 |
Countries ranked near Latvia
- 31 Portugal 72,342 US dollars per worker, PPP converted compare
- 32 Estonia 70,665 US dollars per worker, PPP converted compare
- 33 Hungary 68,300 US dollars per worker, PPP converted compare
- 35 Greece 63,267 US dollars per worker, PPP converted compare
- 36 Chile 56,054 US dollars per worker, PPP converted compare
- 37 North Macedonia 48,469 US dollars per worker, PPP converted compare
More economy & growth data for Latvia
- Gross capital formation (current US$), annual growth rate 23.84 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2406 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 6,330 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 18.62 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.2129 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 5,601 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 18.33 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2098 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 5,519 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 11.67 % change on previous year (2025)
Frequently asked questions
- What is real labour productivity by main economic activity (ropi-adjusted for) in Latvia?
- Real labour productivity by main economic activity (ropi-adjusted for) in Latvia was 63,922 US dollars per worker, PPP converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest real labour productivity by main economic activity (ropi-adjusted for) recorded in Latvia?
- The highest recorded value was 65,055 US dollars per worker, PPP converted in 2022.
- What is the lowest real labour productivity by main economic activity (ropi-adjusted for) recorded in Latvia?
- The lowest recorded value was 31,028 US dollars per worker, PPP converted in 2000.
- How does Latvia rank for real labour productivity by main economic activity (ropi-adjusted for)?
- Latvia ranks 34th out of 41 countries with data for 2024.
- Is real labour productivity by main economic activity (ropi-adjusted for) rising or falling in Latvia?
- Over the last ten years it is up 14.1%. 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 Real labour productivity by main economic activity (ROPI-adjusted for inflation) - Regions. Statizoid updates them automatically from the source API.
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About this data
This dataset provides indicators on labour productivity for large and small regions. Real values are deflation-adjusted using the Regional Producer Price Index (ROPI), where available. Data source and definition Labour productivity is measured as gross value added per employment at place of work by main economic activity. Regional gross value added and employment data are collected from Eurostat (reg_eco10) for EU countries and via delegates of the OECD Working Party on Territorial Indicators (WPTI), as well as from national statistical offices' websites. In order to allow comparability over time and across countries, data in current prices are transformed into constant prices and PPP measures. Definition of regions Regions are subnational units below national boundaries. OECD countries have two regional levels: large regions (territorial level 2 or TL2) and small regions (territorial level 3 or TL3). For more information, see the OECD Territorial grid (pdf) and the OECD Territorial Correspondence Table (xlsx). Use of economic data on small regions When economic analyses are carried out at the TL3 level, it is advisable to aggregate data at the metropolitan region level when several TL3 regions are associated to the same metropolitan region. Metropolitan regions combine TL3 regions when 50% or more of the regional population live in a functionnal urban areas above 250 000 inhabitants. This approach corrects the distortions created by commuting. Correspondence between TL3 and metropolitan regions:(xlsx). Small regions (TL3) are categorized based on shared characteristics into regional typologies. See the economic indicators aggregated by territorial typology at country level on the access to City typology (link) and by urban-rural typology (link). Cite this dataset OECD Regions, Cities and Local Areas database http://oe.cd/geostats. Further information OECD Regions and Cities Statistical Atlas OECD Regions and Cities at a Glance For questions and/or comments, please email RegionStat@oecd.org.