Latvia (2025)
153.4
Index (2016=100)
+7.8% YoY
YoY Change
+7.8%
Index (2016=100)
Trend
up
Series length
18
years of data

Data

Latvia Labour Cost Index (2025) — source data. Eurostat.
Year Index (2016=100) YoY Change
2025 153.4 +7.8%
2024 142.3 +11.9%
2023 127.2 +11.5%
2022 114.1 +7.7%
2021 105.9 +5.9%
2020 100 +5.5%
2019 94.8 +7.4%
2018 88.3 +12.6%
2017 78.4 +7.1%
2016 73.2 +6.2%
2015 68.9 +7.2%
2014 64.3 +6.1%
2013 60.6 +5.8%
2012 57.3 +4.2%
2011 55 +4.4%
2010 52.7 -5.4%
2009 55.7 -3.5%
2008 57.7 n/a

About this Dataset

Latvia recorded 153.4 Index (2016=100) in 2025. The latest change was +11.1. Across 2008–2025 the series ranges from 52.7 in 2010 to 153.4 in 2025.

This page tracks the nominal labour cost index (wages + non-wage costs) across the business economy (NACE B-S) in Latvia from 2008 to present, indexed to 2016=100. Labour costs are the primary driver of service-sector inflation and manufacturing location decisions.

Data sourced from Eurostat via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.

Frequently Asked Questions

This page tracks the nominal labour cost index (wages + non-wage costs) across the business economy (NACE B-S) in Latvia from 2008 to present, indexed to 2016=100. Labour costs are the primary driver of service-sector inflation and manufacturing location decisions. It is published by Eurostat and updated annually.

The most recent observation covers 2025. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2008–2025 (18 observations).

The series peaked at 153.4 Index (2016=100) in 2025 and reached its lowest recorded value of 52.7 in 2010. The latest reading of 153.4 in 2025 represents a change of +11.1.