LV · 2020 · tesem170

Nominal unit labour cost growth

Latvia, 2020

Nominal unit labour cost growth
5.70
Latvia, 2020
▼ 13.6% vs 2019 (6.60)
Analysis

In 2020, Latvia's nominal unit labour cost growth decreased by 13.6% compared to 2019, reaching 5.70.

Latvia accounts for 132.6% of the EU-27 total of 4.30.

Latvia ranks 13th out of 26 EU member states with reported data — in the top half of the distribution.

Over the past five years, the indicator has grown by 9.6% (from 5.20 in 2015).

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

Rank in EU-27 · 2020
#13 of 26
% of EU-27 total · 2020
132.6%
EU-27: 4.30
Latvia timeline (last 15 years)
2008 2025