LV · 2016 · tesem170

Nominal unit labour cost growth

Latvia, 2016

Nominal unit labour cost growth
3.90
Latvia, 2016
▼ 25.0% vs 2015 (5.20)
Analysis

In 2016, Latvia's nominal unit labour cost growth decreased by 25.0% compared to 2015, reaching 3.90.

Latvia accounts for 487.5% of the EU-27 total of 0.80.

Latvia ranks 6th out of 20 EU member states with reported data — in the top half of the distribution.

Over the past five years, the indicator has grown by 290.0% (from 1.00 in 2011).

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

Rank in EU-27 · 2016
#6 of 20
% of EU-27 total · 2016
487.5%
EU-27: 0.80
Latvia timeline (last 15 years)
2008 2025