Unemployment rate (IMF) — all countries

Unemployment rate (IMF) — Latvia

Unemployment rate (IMF) in Latvia in 2031 — 6.3%. Ranked 71 in the world out of 102. Since 1992, the indicator has risen by 3.1 pp.

2031 6.3% +0 pp vs 2030
World rank 71of 102
Period maximum 20.7%1996
Period minimum 3.2%1992

Trend over time

1992–2031 · % of labor force

Unemployment rate (IMF) — Latvia, 1992–20310102030199219962000200420082012201620202024202820311992: 3.2%1993: 7%1994: 7%1995: 7%1996: 20.7%1997: 15.2%1998: 14%1999: 14.1%2000: 14.3%2001: 13.5%2002: 12.5%2003: 11.6%2004: 11.7%2005: 10%2006: 7%2007: 6.1%2008: 7.7%2009: 17.6%2010: 19.5%2011: 16.2%2012: 15%2013: 11.9%2014: 10.8%2015: 9.9%2016: 9.6%2017: 8.7%2018: 7.4%2019: 6.3%2020: 8.1%2021: 7.6%2022: 6.9%2023: 6.5%2024: 6.9%2025: 6.9%2026: 6.7%2027: 6.5%2028: 6.5%2029: 6.4%2030: 6.3%2031: 6.3%
Change over the period: +3.1 pp Annual average: 0.08 pp
Unemployment rate (IMF) — Latvia, by year Latvia All countries CSV XLSX
Year % Change, pp
2031 6.3 +0 pp
2030 6.3 −0.1 pp
2029 6.4 −0.1 pp
2028 6.5 +0 pp
2027 6.5 −0.2 pp
2026 6.7 −0.2 pp
2025 6.9 +0 pp
2024 6.9 +0.4 pp
2023 6.5 −0.4 pp
2022 6.9 −0.7 pp
2021 7.6 −0.5 pp
2020 8.1 +1.8 pp
2019 6.3 −1.1 pp
2018 7.4 −1.3 pp
2017 8.7 −0.9 pp
2016 9.6 −0.3 pp
2015 9.9 −0.9 pp
2014 10.8 −1.1 pp
2013 11.9 −3.1 pp
2012 15 −1.2 pp
2011 16.2 −3.3 pp
2010 19.5 +1.9 pp
2009 17.6 +9.9 pp
2008 7.7 +1.6 pp
2007 6.1 −0.9 pp
2006 7 −3 pp
2005 10 −1.7 pp
2004 11.7 +0.1 pp
2003 11.6 −0.9 pp
2002 12.5 −1 pp
2001 13.5 −0.8 pp
2000 14.3 +0.2 pp
1999 14.1 +0.1 pp
1998 14 −1.2 pp
1997 15.2 −5.5 pp
1996 20.7 +13.7 pp
1995 7 +0 pp
1994 7 +0 pp
1993 7 +3.8 pp
1992 3.2

About the indicator

The unemployment rate as a percent of the labor force, from the IMF World Economic Outlook database. The series is shorter than the ILO one: the IMF publishes it only for countries with comparable labor market statistics, but in exchange it includes a forecast. For full country coverage there is the unemployment rate based on ILO data.

Source: World Economic Outlook (IMF), license IMF open data.