Latvia – LV

EU regions: Latvia

Indicator	Period	Value
Labour market policy
public expenditure on labour market policies as % of GDP	2021	0.482
public expenditure on active labour market policies	2021	0.094
Life long learning
life long learning participation	2023	10.7
Precarious work
percentage of employees ususally working on Sunday	2023	10.1
percentage of employees ususally working at nights	2023	4.1
percentage of employees with temporary contracts	2024q2	2.1
Part time jobs and flexible employment
working hours on full time job	2024q2	39.2
percentage of workers usually working from home	2023	8.3
percentage of part time workers	2024q2	6.43
percentage of part time workers, men	2024q2	4.77
percentage of part time workers, women	2024q2	8.1
Minimum and average wage
share of salaries on GDP	2024q2	56.3
minimum monthly was as aproportion of average monthly earnings in industry and services	2023	42.4
monthly minimum wage in €	2024q3	700
monthly minimum wage in PPS	2024q3	803.73
annual net earnings of a full-time single worker without children earning an average wage in PPS	2023	15 889
Gender differences
gender pay gap	2022	17.1
employment of mothers of more than 3 children	2023	65
healthy life expectancy of men vs. women	2022	112.84
gender gap in employment rate	2024q2	95.76
gender gap in unemployment rate	2023	69.74
Graduates and young people
unemployment rate of youth with elementary education	2023	21.2
unemployment rate of youth with secondary education	2024q2	13.7
unemployment rate of youth with tertiary education	2013q3	26.7
NEET	2023	7.2
Gross domestic product
GDP per capita in PPS of EU average	2023	71
HICP inflation	October 2024	2.1
Payable interest of public debt as % od GDP	2023	0.7
Employment
employment rate	2023	71.4
Social exclusion
people at risk of poverty or social exclusion	2020	26
job vacancies rate	2024q2	2.6

More on wikipedia wikidata Q211 on OpenStreetMap Latvia slovensky: LV

Subregions: Latvia, Latvia

Unemployment

Indicator	Period	Value
Unemployment
unemployment rate	2023	6.8
youth unemployment rate	2023	12.3
unemployment rate of low educated people	2024q2	16
Long term unemployment
long term unemployment	2023	1.8
share of long term unemployed	2023	27.6

Composition of population according to age group, education and economic activity, Latvia

Age group	Low education	Middle education	High education
Y20-29	P: 19.7 E: 9.5; U: 1.9; I: 8.3	P: 103.2 E: 68.8; U: 7.4; I: 27.0	P: 47.7 E: 40.1; U: 2.5; I: 5.1
Y30-39	P: 26.3 E: 17.4; U: 3.6; I: 5.3	P: 109.6 E: 86.3; U: 8.6; I: 14.7	P: 126.0 E: 112.2; U: 4.5; I: 9.3
Y40-49	P: 30.0 E: 20.4; U: 2.2; I: 7.4	P: 115.6 E: 93.4; U: 7.5; I: 14.7	P: 103.8 E: 94.4; U: 2.3; I: 7.1
Y50-59	P: 14.6 E: 8.4; U: 0.8; I: 5.4	P: 157.1 E: 118.2; U: 10.2; I: 28.7	P: 80.3 E: 70.7; U: 2.3; I: 7.3
Y60-69	P: 14.7 E: 3.3; U: 0.7; I: 10.7	P: 163.4 E: 77.8; U: 4.6; I: 81.0	P: 70.3 E: 43.1; U: 1.1; I: 26.1

Note: in thousands in 2023, according to labour force sample survey. P – total population, E – employed, U – unemployed, I – number of ecnomically inactive

Demographics

Indicator	Period	Value
Demographics
number of inhabitants	2023	1 883 008
population density	2022	29.7
old-age dependency ratio	2023	33.3
Population ageing
unemployment rate – over 55 years	2024q2	5.2
aggregate replacement ratio	2023	0.5
aggregate replacement ratio – females	2023	0.53
life expectancy of a 50 year old	2022	27.7
healty life expectancy at 50 years	2022	11.6

Employment by sectors, Latvia

NACE r2		%	NACE r2		%
A	59.9	7 %	B-E	133	15 %
F	70.4	8 %	G-I	230.7	26 %
J	42.1	5 %	K	16.4	2 %
L	19.9	2 %	M_N	64.1	7 %
O-Q	206.1	23 %	R-U	45.6	5 %
TOTAL	889.9	100 %

Data for the period year 2023. Source of the data is Eurostat, table [lfst_r_lfe2en2].

From Wikipedia:

Latvia ( or (listen); Latvian: Latvija [ˈlatvija], Livonian: Lețmō), officially the Republic of Latvia (Latvian: Latvijas Republika, Livonian: Lețmō Vabāmō), is a country in the Baltic region of Northern Europe. Since its independence, Latvia has been referred to as one of the Baltic states. It is bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast, and shares a maritime border with Sweden to the west. Latvia has 1,957,200 inhabitants and a territory of 64,589 km² (24,938 sq mi). The country has a temperate seasonal climate.

After centuries of Swedish, Polish and Russian rule, a rule mainly executed by the Baltic German aristocracy, the Republic of Latvia was established on 18 November 1918 when it broke away and declared independence in the aftermath of World War I. However, by the 1930s the country became increasingly autocratic after the coup in 1934 establishing an authoritarian regime under Kārlis Ulmanis. The country's de facto independence was interrupted at the outset of World War II, beginning with Latvia's forcible incorporation into the Soviet Union, followed by the invasion and occupation by Nazi Germany in 1941, and the re-occupation by the Soviets in 1944 (Courland Pocket in 1945) to form the Latvian SSR for the next 45 years.

The peaceful Singing Revolution, starting in 1987, called for Baltic emancipation from Soviet rule and condemning the Communist regime's illegal takeover. It ended with the Declaration on the Restoration of Independence of the Republic of Latvia on 4 May 1990, and restoring de facto independence on 21 August 1991. Latvia is a democratic sovereign state, parliamentary republic and a very highly developed country according to the United Nations Human Development Index. Its capital Riga served as the European Capital of Culture in 2014.

Other: Liechtenstein, Lithuania, Luxembourg, Latvia

Neighbours: Estonia, Lithuania

Subregions: Latvia, Latvia

Suggested citation: Michal Páleník: Europe and its regions in numbers - Latvia – LV, IZ Bratislava, retrieved from: https://www.iz.sk/​PLV, ISBN: 978-80-970204-9-1, DOI:10.5281/zenodo.10200164

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