Nominal unit labour cost growth

In 2024, Latvia's nominal unit labour cost growth increased by 2.3% compared to 2023, reaching 8.90.

Latvia accounts for 178.0% of the EU-27 total of 5.00.

Latvia ranks 5th out of 27 EU member states with reported data — in the top half of the distribution.

Over the past five years, the indicator has grown by 34.8% (from 6.60 in 2019).

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