Latvia unemployment rate
Latvia unemployment rate: 6.8 (4.62%)
Last Update: December 31, 2023
Last Update: December 31, 2023
Latvia unemployment rate closed down 6.8 as of December 31, 2023 from 6.5 from the previous month and 7.2 from last year.
Latvia unemployment rate Analytics & Data
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Latvia unemployment rate
Date | Values |
---|---|
2023-12-31 | 6.8 |
2023-09-30 | 6.5 |
2023-06-30 | 6.4 |
2023-03-31 | 6.4 |
2022-12-31 | 6.7 |
2022-09-30 | 6.9 |
2022-06-30 | 6.6 |
2022-03-31 | 7.3 |
2021-12-31 | 7.1 |
2021-09-30 | 7.2 |
2021-06-30 | 7.9 |
2021-03-31 | 7.5 |
2020-12-31 | 7.2 |
2020-09-30 | 7.7 |
2020-06-30 | 8.6 |
2020-03-31 | 7.4 |
2019-12-31 | 6 |
2019-09-30 | 6 |
2019-06-30 | 6.4 |
2019-03-31 | 6.9 |
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Latvia unemployment rate Statistics
Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
---|---|---|---|---|---|---|---|---|---|
unemployment rate | lv.unemploymentrate | 6.8 | 6.5 | 5 | -6 | Down | Down | 63 | 2023-12-31 |
Latvia unemployment rate Factors
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What is the Latvia unemployment rate
Latvia Unemployment Rate: Current and Historical Data, Trends and SignalsWelcome to our webpage dedicated to showcasing the current and historical data, trends, and signals for the unemployment rate in Latvia. Here you will find valuable analytics, charts, and insights that will help you understand the unemployment rate in Latvia and interpret its significance.
What is the Latvia Unemployment Rate? The unemployment rate is an essential economic indicator that measures the percentage of the labor force that is unemployed and actively seeking employment. It serves as a barometer of economic health and the job market's overall condition in a particular country or region.
Interpreting the Latvia Unemployment Rate: The unemployment rate reflects the proportion of the labor force that is currently without a job. A lower unemployment rate suggests a healthier job market, indicating more opportunities for individuals seeking employment. On the other hand, a higher unemployment rate signifies economic challenges, as it indicates an excess supply of labor compared to available job positions.
By analyzing the trends and patterns in the Latvia unemployment rate, economists, analysts, businesses, and individuals can gain valuable insights into the state of the economy. It can provide indications of economic growth, recessions, or even structural shifts within industries. For policymakers, it serves as a crucial guide to design effective strategies to tackle unemployment and stimulate economic development.
Features of our Webpage: 1. Current and Historical Data: Our webpage provides the latest available data on the unemployment rate in Latvia. Users can also access historical data to assess the trends and changes in the unemployment rate over time accurately.
2. Interactive Charts and Analytics: Visualize the data with interactive charts and graphs that allow for a comprehensive understanding of the unemployment rate trends. These visual representations make it easy to identify patterns, seasonality, and long-term changes.
3. Signals and Trends: Our webpage employs advanced algorithms and statistical models to detect signals and trends within the unemployment rate data. These indicators help users identify turning points, peaks, troughs, and potential shifts in the labor market, assisting in making informed decisions.
4. MacroVar Export: Users can export the historical unemployment rate data for free and conduct further analysis using their preferred analytical tools or software. This feature enables deep dives into the data, focusing on specific timeframes or combining it with other economic indicators.
We invite you to explore our webpage and leverage our data, charts, analytics, and signals to gain valuable insights into the Latvia unemployment rate. Stay informed about the latest developments and make data-driven decisions with confidence.
Latvia Financial Markets
Market | Symbol | Last | Mom | Trend | Exh | RSI | 1D% | 1W% | 1M% | 1Y% |
---|---|---|---|---|---|---|---|---|---|---|
Latvia 2-year bond yield | LT.2Y | 0.605 | -1 | -1 | -1.24216 | 47.5249 | 0 | 0 | 0 | -0.4485 |
Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
---|---|---|---|---|---|---|---|---|---|
balance of trade | lv.balanceoftrade | -411.18 | -424.46 | -3 | -27 | Down | UP | 27 | 2023-10-31 |
bank lending rate | lv.banks.lendingrate | 6 | 6.07 | -1 | 81 | UP | UP | 96 | 2023-06-30 |
banks balance sheet | lv.banks.bs | 28239.1 | 27809.5 | 2 | 6 | UP | UP | 71 | 2024-02-29 |
business confidence | lv.bizconfidence | -1.6 | -2.4 | -33 | -52 | UP | UP | 50 | 2024-03-31 |
capacity utilization | lv.caputilization | 71.4 | 72.3 | -1 | -2 | Down | Down | 28 | 2024-03-31 |
car registrations | lv.carregistrations | 1217 | 1202 | 1 | -65 | Down | Down | 13 | 2024-03-31 |
central bank balance sheet | lv.cb.assets | 25088.2 | 25129.8 | -0 | -3 | Down | Down | 3 | 2024-03-31 |
consumer confidence | lv.consconfidence | -12.8 | -8.4 | 52 | -43 | UP | UP | 32 | 2024-03-31 |
consumer price index cpi | lv.cpi | 145.1 | 143.4 | 1 | 1 | UP | UP | 27 | 2024-03-31 |
core inflation rate | lv.coreinflationrate | 3.5 | 3.8 | -8 | -68 | Down | Down | 17 | 2024-01-31 |
current account | lv.currentaccount | 28 | 208 | -87 | -115 | UP | UP | 34 | 2024-02-29 |
current account to gdp | lv.currentaccountgdp | -4 | -4.8 | -17 | 21 | Down | Down | 0 | 2023-01-31 |
exports | lv.exports | 1519.15 | 1466.52 | 4 | -29 | Down | Down | 2 | 2023-09-30 |
external debt | lv.externaldebt | 39728 | 40256 | -1 | 9 | UP | UP | 54 | 2023-12-31 |
fiscal expenditure | lv.fiscalexp | 1506670 | 1419120 | 6 | 1 | Down | UP | 21 | 2024-02-29 |
foreign exchange reserves | lv.fxreserves | 4669 | 4527 | 3 | 9 | UP | UP | 87 | 2024-03-31 |
gdp | lv.gdp | 41.15 | 39.73 | 4 | 73 | UP | UP | 0 | 2022-01-31 |
Real GDP | lv.realgdp | 7682800 | 7467110 | 3 | 10 | UP | UP | 55 | 2024-06-30 |
gdp growth | lv.gdpgrowth | 0.8 | 0.2 | 300 | 0 | UP | UP | 0 | 2024-03-31 |
gdp growth annual | lv.gdpgrowthan | 0.1 | -0.6 | -117 | -111 | Down | UP | 36 | 2024-03-31 |
gold reserves | lv.goldres | 6.66 | 6.66 | 0 | 1 | UP | UP | 96 | 2021-06-30 |
government budget | lv.govbudget | -4.6 | -7.2 | -36 | 12 | Down | Down | 0 | 2023-01-31 |
Government budget | lv.govbudgetvalue | -113615000 | 146817000 | -177 | -9 | Down | UP | 55 | 2024-02-29 |
government debt | lv.govdebt | 16739.4 | 15896.7 | 5 | 27 | UP | UP | 57 | 2023-09-30 |
government debt to gdp | lv.govdebtgdp | 41 | 44 | -7 | -6 | UP | Down | 0 | 2023-01-31 |
government revenues | lv.govrev | 1433800 | 1672860 | -14 | 2 | UP | UP | 30 | 2024-02-29 |
imports | lv.imports | 2036.67 | 1877.7 | 8 | -18 | Down | Down | 8 | 2023-09-30 |
industrial production | lv.indproduction | -0.3 | -5 | -94 | -86 | UP | UP | 62 | 2024-02-29 |
industrial production mom | lv.indproductionmm | 2.8 | -2.6 | -208 | 12 | UP | UP | 0 | 2024-02-29 |
inflation cpi | lv.inflationcpi | 0.9 | 0.4 | 125 | -95 | Down | Down | 38 | 2024-03-31 |
interbank rate | lv.interbankrate | 0.17 | 0.17 | 0 | 0 | Down | Down | 51 | 2023-08-15 |
loans to private sector | lv.loanprivate | 4807.5 | 4766.7 | 1 | 4 | UP | UP | 78 | 2024-02-29 |
long term unemployment rate | lv.ltunemploymentrate | 1.8 | 1.7 | 6 | -14 | Down | Down | 69 | 2023-12-31 |
money supply m0 | lv.msm0 | 12548.4 | 12185.1 | 3 | 21 | UP | UP | 100 | 2024-02-29 |
money supply m1 | lv.msm1 | 15875.4 | 15968.7 | -1 | -12 | Down | Down | 3 | 2024-02-29 |
money supply m2 | lv.msm2 | 20695.2 | 20533.5 | 1 | 4 | UP | UP | 15 | 2024-02-29 |
Producer Price Index | lv.producerprices | 127.3 | 128.2 | -1 | -22 | Down | Down | 2 | 2024-02-29 |
PPI Index | lv.producerpricesch | -7.9 | -7.9 | 0 | -136 | Down | Down | 37 | 2024-02-29 |
retail sales MoM | lv.retailsales | 0.6 | -1.3 | -146 | 20 | UP | UP | 0 | 2024-02-29 |
retail sales | lv.retailsalesan | -0.4 | -2 | -80 | -116 | UP | Down | 45 | 2024-02-29 |
unemployment rate | lv.unemploymentrate | 6.8 | 6.5 | 5 | -6 | Down | Down | 63 | 2023-12-31 |
youth unemployment rate | lv.ytunemploymentrate | 13.4 | 13.9 | -4 | 3 | UP | UP | 48 | 2024-02-29 |
Construction Confidence | lv.esi.constr | -10.6 | -11.9 | -1100 | -1300 | UP | UP | 4000 | 2024-01-22 |
Consumer Confidence | lv.esi.cons | -23.6 | -18.1 | 3000 | -2500 | Down | UP | 3500 | 2024-01-22 |
Industrial Confidence | lv.esi.man | -8 | -8.3 | -400 | -900 | Down | UP | 6200 | 2024-01-22 |
Retail Confidence | lv.esi.ret | 2.6 | 4.1 | -3700 | -3200 | Down | Down | 0 | 2024-01-22 |
Services Confidence | lv.esi.serv | -0.5 | -2.1 | -7600 | 0 | Down | Down | 0 | 2024-01-22 |
ESI - Economic Composite | lv.esi.conf | 93.1 | 93.7 | -1 | 2 | Down | UP | 79 | 2023-06-30 |