Economy
Latvia's GDP annual growth rate is 2.46% as of 2026-03-31, according to national statistics offices and central banks. Other tracked indicators include GDP (current US$) at 48.62B, GDP growth rate (QoQ) at 0.5649%, GDP per capita at 26,312.
| Indicator | Last | Change | Trend | Previous | Highest | Lowest | Unit | Date |
|---|---|---|---|---|---|---|---|---|
| Average annual wages | 45,567 | +3,292 | 42,275 | 45,567 | 11,340 | USD PPP | 2024-12-31 | |
| Employment rate | 71.7% | -0.7 | 72.4% | 72.5% | 57.3% | % | 2026-03-31 | |
| Job vacancy rate | 2.1% | +0 | 2.1% | 3.2% | 0.7% | % | 2025-12-31 | |
| Labour force participation | 60.52% | -0.319 | 60.84% | 61.57% | 56.15% | % | 2025-12-31 | |
| Life expectancy | 76.43 | +1 | 75.43 | 76.43 | 65.66 | years | 2024-12-31 | |
| Long-term unemployment | 2.3% | +0.1 | 2.2% | 9.8% | 1.8% | % | 2025-12-31 | |
| Minimum wage (% of median) | 45.71% | +0.8614 | 44.85% | 51.83% | 33.73% | % | 2024-12-31 | |
| Minimum wages | 15,415 | +1,589 | 13,827 | 15,415 | 2,454 | USD PPP | 2024-12-31 | |
| Population growth | -0.9876% | -0.0496 | -0.938% | 1.48% | -2.08% | % | 2025-12-31 | |
| Population | 1.85M | -18,339 | 1.87M | 2.67M | 1.85M | people | 2025-12-31 | |
| Productivity (GDP per worker) | 78,505 | +989.97 | 77,515 | 79,090 | 23,423 | int$ | 2024-12-31 | |
| Unemployment rate | 6.5% | -0.2 | 6.7% | 20.7% | 5.3% | % | 2026-04-30 | |
| Wages (labour cost index) | 2.3% | -5.1 | 7.4% | 33.4% | -12.6% | % | 2026-03-31 | |
| Youth unemployment rate | 12.95% | -0.664 | 13.61% | 38.26% | 5.03% | % | 2025-12-31 |
Latvia's GDP growth is 2.46% as of 2026-03-31, according to national statistics offices and central banks.
Latvia's inflation rate (CPI) is 3.48% as of 2026-05-31, according to national statistics offices and central banks.
Latvia has 82 macroeconomic and markets indicators on ECONOMY, sourced from national statistics offices and central banks, last updated 2026-06-30.
Last updated 2026-06-30