LV · 2023 · tesem170
Nominal unit labour cost growth
Latvia, 2023
Nominal unit labour cost growth
8.70
Latvia, 2023
▼ 22.3% vs 2022 (11.2)
Analysis
In 2023, Latvia's nominal unit labour cost growth decreased by 22.3% compared to 2022, reaching 8.70.
Latvia accounts for 127.9% of the EU-27 total of 6.80.
Latvia ranks 11th 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 67.3% (from 5.20 in 2018).
Source: Eurostat dataset tesem170, accessed via the eupublicdata pipeline.
Rank in EU-27 · 2023
#11 of 26
% of EU-27 total · 2023
127.9%
EU-27: 6.80
Latvia timeline (last 15 years)
2008 2025
Source:
Eurostat · tesem170