LV · 2024 · tps00173
Labour costs annual data - NACE Rev. 2
Latvia, 2024
Labour costs annual data - NACE Rev. 2
11.9
Latvia, 2024
▲ 11.2% vs 2023 (10.7)
Analysis
In 2024, Latvia's labour costs annual data increased by 11.2% compared to 2023, reaching 11.9.
Latvia accounts for 47.2% of the EU-27 total of 25.2.
Latvia ranks 25th out of 27 EU member states with reported data — in the bottom half of the distribution.
Source: Eurostat dataset tps00173, accessed via the eupublicdata pipeline.
Rank in EU-27 · 2024
#25 of 27
% of EU-27 total · 2024
47.2%
EU-27: 25.2
Latvia timeline (last 15 years)
2008 2025
Source:
Eurostat · tps00173