LV · 2012 · tesem170

Nominal unit labour cost growth

Latvia, 2012

Nominal unit labour cost growth
1.60
Latvia, 2012
▲ 60.0% vs 2011 (1.00)
Analysis

In 2012, Latvia's nominal unit labour cost growth increased by 60.0% compared to 2011, reaching 1.60.

Latvia accounts for 76.2% of the EU-27 total of 2.10.

Latvia ranks 17th out of 24 EU member states with reported data — in the bottom half of the distribution.

Over the past five years, the indicator has fallen by 94.0% (from 26.6 in 2007).

Source: Eurostat dataset tesem170, accessed via the eupublicdata pipeline.

Rank in EU-27 · 2012
#17 of 24
% of EU-27 total · 2012
76.2%
EU-27: 2.10
Latvia timeline (last 15 years)
2008 2025