{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"lv-unit-labour-costs","url":"https://apiardata.com/statistics/lv-unit-labour-costs","html_url":"https://apiardata.com/statistics/lv-unit-labour-costs/","title":"Latvia Nominal Unit Labour Costs (2025)","description":"Latvia's Nominal Unit Labour Costs: 208.3 Index (2010=100) in 2025, +4.7% YoY. Eurostat (NAMA_10_LP_ULC), 2000–2025.","domain":"macro","category":"Economy & Macro","keywords":["Macroeconomics","Eurostat","Latvia","2025"],"publisher":"Eurostat","frequency":"Annual","geography":"Latvia","temporal_coverage":"2000/2025","unit":"Index (2010=100)","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2025","variable_measured":"Latvia Nominal Unit Labour Costs","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/NAMA_10_LP_ULC/default/table"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2000–2025"},{"label":"Observations","value":"26"},{"label":"Geography","value":"Latvia"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"Latvia (2025)","value":"208.3","unit":"Index (2010=100)","trend":{"direction":"up","value":"+4.7% YoY"}},{"label":"YoY Change","value":"+4.7%","unit":"Index (2010=100)"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"26","unit":"years of data"}],"series":[{"key":"value","label":"Latvia Nominal Unit Labour Costs"}],"observation_count":26,"observations":[{"period":"2000","value":56.364},{"period":"2001","value":56.053},{"period":"2002","value":54.603},{"period":"2003","value":56.914},{"period":"2004","value":60.286},{"period":"2005","value":69.115},{"period":"2006","value":79.716},{"period":"2007","value":100.795},{"period":"2008","value":121.968},{"period":"2009","value":110.786},{"period":"2010","value":100},{"period":"2011","value":101.195},{"period":"2012","value":102.391},{"period":"2013","value":108.461},{"period":"2014","value":113.402},{"period":"2015","value":119.683},{"period":"2016","value":124.453},{"period":"2017","value":129.266},{"period":"2018","value":135.345},{"period":"2019","value":144.381},{"period":"2020","value":151.759},{"period":"2021","value":150.603},{"period":"2022","value":167.587},{"period":"2023","value":183.155},{"period":"2024","value":199.011},{"period":"2025","value":208.273}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"Index (2010=100)"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2025","value":"208.3","yoyChange":"+4.7%"},{"year":"2024","value":"199.0","yoyChange":"+8.7%"},{"year":"2023","value":"183.2","yoyChange":"+9.3%"},{"year":"2022","value":"167.6","yoyChange":"+11.3%"},{"year":"2021","value":"150.6","yoyChange":"-0.8%"},{"year":"2020","value":"151.8","yoyChange":"+5.1%"},{"year":"2019","value":"144.4","yoyChange":"+6.7%"},{"year":"2018","value":"135.3","yoyChange":"+4.7%"},{"year":"2017","value":"129.3","yoyChange":"+3.9%"},{"year":"2016","value":"124.5","yoyChange":"+4.0%"},{"year":"2015","value":"119.7","yoyChange":"+5.5%"},{"year":"2014","value":"113.4","yoyChange":"+4.6%"},{"year":"2013","value":"108.5","yoyChange":"+5.9%"},{"year":"2012","value":"102.4","yoyChange":"+1.2%"},{"year":"2011","value":"101.2","yoyChange":"+1.2%"},{"year":"2010","value":"100.0","yoyChange":"-9.7%"},{"year":"2009","value":"110.8","yoyChange":"-9.2%"},{"year":"2008","value":"122.0","yoyChange":"+21.0%"},{"year":"2007","value":"100.8","yoyChange":"+26.4%"},{"year":"2006","value":"79.7","yoyChange":"+15.3%"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks nominal unit labour costs per hour worked in Latvia from 2000 to present (index 2010=100). Show cumulative cost increases and recent YoY changes. It is published by Eurostat and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2025. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2000–2025 (26 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 208.3 Index (2010=100) in 2025 and reached its lowest recorded value of 54.6 in 2002. The latest reading of 208.3 in 2025 represents a change of +9.3."}]}