Latvia Forecast: Unemployment Rate

1992 - 2027 | Yearly | % | International Monetary Fund

Key information about Latvia Unemployment Rate Forecast

  • Latvia Unemployment Rate is forecasted to be 8.114 % in Dec 2022 as reported by International Monetary Fund
  • It records a decrease from the last reported number of 7.557 % in Dec 2021
  • Looking ahead, Latvia Unemployment Rate is projected to stand at 6.559 % in Dec 2027
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate

View Latvia's Forecast: Unemployment Rate from 1992 to 2027 in the chart:

Latvia Forecast: Unemployment Rate

What is Latvia's Forecast: Unemployment Rate in 2027?

Latvia Unemployment Rate is forecasted to be 8.114 % in Dec 2022 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
6.559 2027 6.894 2026 4.114 1994 12.550 2002 % yearly 1992 - 2027

Forecast: Unemployment Rate by Country Comparison

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country/region Last Frequency Range
Afghanistan (%) 0.000 yearly -
Albania (%) 10.000 2027 yearly 1980 - 2027
Algeria (%) 3.464 2027 yearly 1980 - 2027
Andorra (%) 1.675 2027 yearly 2010 - 2027
Angola (%) 0.000 yearly -
Antigua and Barbuda (%) 0.000 yearly -
Argentina (%) 8.100 2027 yearly 1980 - 2027
Armenia (%) 16.500 2027 yearly 2001 - 2027
Aruba (%) 5.091 2026 yearly 1991 - 2026
Australia (%) 4.703 2027 yearly 1980 - 2027
Austria (%) 4.800 2027 yearly 1980 - 2027
Azerbaijan (%) 5.564 2027 yearly 2000 - 2027
Bahamas (%) 11.431 2027 yearly 1986 - 2027
Bahrain (%) 3.951 2027 yearly 2007 - 2027
Bangladesh (%) 0.000 yearly -
Barbados (%) 9.392 2027 yearly 1981 - 2027
Belarus (%) 3.754 2027 yearly 1993 - 2027
Belgium (%) 5.522 2027 yearly 1980 - 2027
Belize (%) 7.404 2027 yearly 1990 - 2027
Benin (%) 0.000 yearly -
Bhutan (%) 5.000 2020 yearly 2003 - 2020
Bolivia (%) 4.000 2027 yearly 2000 - 2027
Bosnia and Herzegovina (%) 15.545 2027 yearly 1995 - 2027
Botswana (%) 0.000 yearly -
Brazil (%) 10.415 2027 yearly 1991 - 2027
Brunei (%) 6.822 2027 yearly 2011 - 2027
Bulgaria (%) 4.200 2027 yearly 1989 - 2027
Burkina Faso (%) 0.000 yearly -
Burundi (%) 0.000 yearly -
Cambodia (%) 0.000 yearly -
Cameroon (%) 0.000 yearly -
Canada (%) 5.009 2027 yearly 1980 - 2027
Cape Verde (%) 8.500 2027 yearly 1980 - 2027
Central African Republic (%) 0.000 yearly -
Chad (%) 0.000 yearly -
Chile (%) 6.808 2027 yearly 1980 - 2027
China (%) 3.600 2027 yearly 1980 - 2027
Colombia (%) 9.490 2027 yearly 1980 - 2027
Comoros (%) 0.000 yearly -
Congo (%) 0.000 yearly -
Costa Rica (%) 9.000 2026 yearly 1980 - 2026
Croatia (%) 6.265 2027 yearly 1991 - 2027
Cyprus (%) 5.523 2027 yearly 1982 - 2027
Czech Republic (%) 2.300 2027 yearly 1995 - 2027
Democratic Republic of Congo (%) 0.000 yearly -
Denmark (%) 5.000 2027 yearly 1980 - 2027
Djibouti (%) 0.000 yearly -
Dominica (%) 0.000 yearly -
Dominican Republic (%) 6.000 2027 yearly 1991 - 2027
Ecuador (%) 3.644 2027 yearly 1988 - 2027
Egypt (%) 6.402 2027 yearly 1990 - 2027
El Salvador (%) 7.000 2027 yearly 1988 - 2027
Equatorial Guinea (%) 0.000 yearly -
Eritrea (%) 0.000 yearly -
Estonia (%) 4.828 2027 yearly 1993 - 2027
Swaziland (%) 25.000 2016 yearly 1995 - 2016
Ethiopia (%) 0.000 yearly -
Fiji (%) 4.500 2027 yearly 1986 - 2027
Finland (%) 6.500 2027 yearly 1980 - 2027
France (%) 7.399 2027 yearly 1980 - 2027
Gabon (%) 0.000 yearly -
Gambia (%) 0.000 yearly -
Georgia (%) 20.015 2027 yearly 1996 - 2027
Germany (%) 3.142 2027 yearly 1980 - 2027
Ghana (%) 0.000 yearly -
Greece (%) 10.610 2027 yearly 1980 - 2027
Grenada (%) 0.000 yearly -
Guatemala (%) 0.000 yearly -
Guinea (%) 0.000 yearly -
Guinea-Bissau (%) 0.000 yearly -
Guyana (%) 0.000 yearly -
Haiti (%) 0.000 yearly -
Honduras (%) 4.398 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.971 2027 yearly 1980 - 2027
Hungary (%) 3.805 2027 yearly 1980 - 2027
Iceland (%) 4.000 2027 yearly 1980 - 2027
India (%) 0.000 yearly -
Indonesia (%) 5.100 2027 yearly 1984 - 2027
Iran (%) 10.819 2027 yearly 1990 - 2027
Iraq (%) 0.000 yearly -
Ireland (%) 4.955 2027 yearly 1985 - 2027
Israel (%) 3.700 2027 yearly 1980 - 2027
Italy (%) 8.900 2027 yearly 1980 - 2027
Ivory Coast (%) 0.000 yearly -
Jamaica (%) 7.700 2019 yearly 1980 - 2019
Japan (%) 2.400 2027 yearly 1980 - 2027
Jordan (%) 24.425 2021 yearly 1984 - 2021
Kazakhstan (%) 4.775 2027 yearly 1994 - 2027
Kenya (%) 0.000 yearly -
Kiribati (%) 0.000 yearly -
South Korea (%) 3.597 2027 yearly 1980 - 2027
Kosovo (%) 25.700 2019 yearly 2012 - 2019
Kuwait (%) 1.276 2021 yearly 1981 - 2021
Kyrgyzstan (%) 6.605 2027 yearly 1994 - 2027
Laos (%) 0.000 yearly -
Latvia (%) 6.559 2027 yearly 1992 - 2027
Lebanon (%) 0.000 yearly -
Lesotho (%) 0.000 2015 yearly 2000 - 2015
Liberia (%) 0.000 yearly -
Libya (%) 0.000 yearly -

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Latvia Key Series

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Includes 259 key indicators for Latvia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.3 Dec 2021 quarterly Dec 1999 - Dec 2021
Consolidated Fiscal Balance (USD mn) -1,322.754 Dec 2021 quarterly Mar 1999 - Dec 2021
Tax Revenue (USD mn) 2,032.276 Dec 2021 quarterly Mar 1999 - Dec 2021
Tax Revenue: % of GDP (%) 19.7 Dec 2021 quarterly Mar 1999 - Dec 2021
National Government Debt (USD mn) 16,682.4 Dec 2021 quarterly Mar 2000 - Dec 2021
Government Debt: % of GDP (%) 44.8 Dec 2021 quarterly Mar 2000 - Dec 2021
Forecast: Government Expenditure (LVL bn) 17.642 2027 yearly 1998 - 2027
Forecast: Government Net Debt (LVL bn) 18.147 2027 yearly 1998 - 2027
Forecast: Government Revenue (LVL bn) 17.441 2027 yearly 1998 - 2027
General Govt Debt: % of GDP (%) 39.976 2017 yearly 2000 - 2017
General Govt Expenditure: Capital Transfers Payable (EUR mn) 0.000 Sep 2018 quarterly Mar 1999 - Sep 2018
General Govt Revenue: Taxes on Production and Imports: Value Added Type Taxes (EUR mn) 654.645 Dec 2021 quarterly Mar 1999 - Dec 2021
General Govt Debt (EUR mn) 14,739.692 Dec 2021 quarterly Mar 2000 - Dec 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.600 2027 yearly 1993 - 2027
Trade Balance (USD mn) -667.0 May 2022 monthly Jan 1995 - May 2022
Total Exports (USD mn) 1,752.4 Apr 2022 monthly Jan 1995 - Apr 2022
Total Exports Growth (%) 36.5 May 2022 monthly Jan 1996 - May 2022
Aluminum: Exports (USD th) 24,732.668 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 616,485.270 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 52,605.340 2021 yearly 1995 - 2021
Total Imports (USD mn) 2,466.7 May 2022 monthly Jan 1995 - May 2022
Total Imports Growth (%) 42.5 May 2022 monthly Jan 1996 - May 2022
Imports: Medicament (USD th) 717,595.309 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 203,170.535 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 62.224 May 2022 monthly Mar 1992 - May 2022
Total Imports from USA (USD mn) 15.774 May 2022 monthly Jan 1992 - May 2022
Total Exports to China (USD mn) 17.537 May 2022 monthly Jan 2000 - May 2022
Total Imports from China (USD mn) 87.083 May 2022 monthly Jun 1993 - May 2022
Exports (EUR th) 1,703,152.260 May 2022 monthly Jan 1995 - May 2022
Exports: Machinery and Mechanical Appliances (EUR th) 84,817.624 May 2022 monthly Jan 2000 - May 2022
Exports: Wood and Articles of Wood and Wood Charcoal (EUR th) 388,322.684 May 2022 monthly Jan 2000 - May 2022
Exports: Mineral Fuels, Mineral Oils, Bituminous Substances and Mineral Waxes (EUR th) 144,259.484 May 2022 monthly Jan 2000 - May 2022
Exports: Iron and Steel (EUR th) 19,740.138 May 2022 monthly Jan 2000 - May 2022
Exports: Electrical Machinery and Equipment (EUR th) 145,057.044 May 2022 monthly Jan 2000 - May 2022
Exports: Poland (EUR) 61,034,182.000 May 2022 monthly Jan 2000 - May 2022
Exports: Germany (EUR) 134,682,641.000 May 2022 monthly Jan 2000 - May 2022
Exports: Lithuania (EUR) 322,567,916.000 May 2022 monthly Jan 2000 - May 2022
Exports: Estonia (EUR) 213,038,263.000 May 2022 monthly Jan 2000 - May 2022
Exports: Russian Federation (EUR) 70,570,500.000 May 2022 monthly Jan 2000 - May 2022
Imports: Electrical Machinery and Equipment (EUR th) 196,028.381 May 2022 monthly Jan 2000 - May 2022
Imports: Machinery and Mechanical Appliances (EUR th) 170,933.234 May 2022 monthly Jan 2000 - May 2022
Imports: Mineral Fuels, Mineral Oils, Bituminous Substances and Mineral Waxes (EUR th) 400,905.948 May 2022 monthly Jan 2000 - May 2022
Imports: Vehicles Other Than Rolling Stock and Parts and Accessories (EUR th) 153,003.851 May 2022 monthly Jan 2000 - May 2022
Imports (EUR th) 2,334,326.935 May 2022 monthly Jan 1995 - May 2022
Imports: Iron and Steel (EUR th) 66,471.798 May 2022 monthly Jan 2000 - May 2022
Imports: Poland (EUR) 213,627,475.000 May 2022 monthly Jan 2000 - May 2022
Imports: Germany (EUR) 223,020,648.000 May 2022 monthly Jan 2000 - May 2022
Imports: Lithuania (EUR) 570,313,375.000 May 2022 monthly Jan 2000 - May 2022
Imports: Estonia (EUR) 203,651,004.000 May 2022 monthly Jan 2000 - May 2022
Imports: Russian Federation (EUR) 107,819,689.000 May 2022 monthly Jan 2000 - May 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 49.7 May 2022 monthly Jan 2000 - May 2022
Current Account Balance (USD mn) -307.5 May 2022 monthly Jan 2000 - May 2022
Current Account Balance: % of GDP (%) -7.1 Mar 2022 quarterly Mar 1995 - Mar 2022
Foreign Direct Investment (USD mn) 95.1 May 2022 monthly Jan 2000 - May 2022
Foreign Direct Investment: % of GDP (%) 4.0 Mar 2022 quarterly Mar 1995 - Mar 2022
Foreign Portfolio Investment (USD mn) -295.042 Mar 2022 quarterly Mar 2000 - Mar 2022
Foreign Portfolio Investment: % of GDP (%) -3.2 Mar 2022 quarterly Mar 2000 - Mar 2022
Foreign Portfolio Investment: Equity Securities (USD mn) -11.2 Mar 2022 quarterly Mar 2000 - Mar 2022
Foreign Portfolio Investment: Debt Securities (USD mn) -283.874 Mar 2022 quarterly Mar 2000 - Mar 2022
External Debt (USD mn) 41,667.5 Mar 2022 quarterly Mar 2000 - Mar 2022
External Debt: % of GDP (%) 109.9 Mar 2022 quarterly Mar 2000 - Mar 2022
External Debt: Short Term (USD mn) 20,824.9 Mar 2022 quarterly Mar 2000 - Mar 2022
External Debt: Short Term: % of GDP (%) 51.8 2021 yearly 2000 - 2021
Total Debt: % of GDP (%) 349.1 Mar 2022 quarterly Mar 2004 - Mar 2022
Forecast: Current Account Balance (USD bn) -0.141 2027 yearly 1992 - 2027
Net International Investment Position (USD mn) -10,755.773 Mar 2022 quarterly Mar 1996 - Mar 2022
BoP: Capital Account: Debit (EUR mn) 0.000 May 2022 monthly Jan 2000 - May 2022
BoP: Errors and Omissions (EUR mn) 258.000 Apr 2022 monthly Jan 2000 - Apr 2022
BoP: Financial Account: Other Investment (EUR mn) -196.000 May 2022 monthly Jan 2000 - May 2022
BoP: Financial Account: Portfolio Investment: Liabilities (EUR mn) 131.000 May 2022 monthly Jan 2000 - May 2022
BoP: Current Account: PI: Credit (EUR mn) 130.000 May 2022 monthly Jan 2000 - May 2022
BoP: Financial Account: Other Investment: Assets (EUR mn) 50.000 May 2022 monthly Jan 2000 - May 2022
BoP: Current Account: Secondary Income: Debit (EUR mn) 88.000 May 2022 monthly Jan 2000 - May 2022
BoP: Financial Account: Direct Investment (EUR mn) -43.000 May 2022 monthly Jan 2000 - May 2022
BoP: Financial Account (EUR mn) -278.000 May 2022 monthly Jan 2000 - May 2022
BoP: Current Account: Secondary Income: Credit (EUR mn) 103.000 Apr 2022 monthly Jan 2000 - Apr 2022
BoP: Current Account: Primary Income (PI) (EUR mn) 29.000 Apr 2022 monthly Jan 2000 - Apr 2022
BoP: Current Account: Secondary Income (EUR mn) 6.000 May 2022 monthly Jan 2000 - May 2022
BoP: Financial Account: Portfolio Investment (EUR mn) -35.000 May 2022 monthly Jan 2000 - May 2022
BoP: Financial Account: Direct Investment: Liabilities (EUR mn) 90.000 May 2022 monthly Jan 2000 - May 2022
BoP: Current Account: Goods (EUR mn) -452.000 May 2022 monthly Jan 2000 - May 2022
BoP: Financial Account: Portfolio Investment: Assets (EUR mn) 96.000 May 2022 monthly Jan 2000 - May 2022
BoP: Current Account: Goods: Debit (EUR mn) 2,143.000 May 2022 monthly Jan 2000 - May 2022
BoP: Current Account: Services: Credit (EUR mn) 495.000 Apr 2022 monthly Jan 2000 - Apr 2022
BoP: Financial Account: Other Investment: Liabilities (EUR mn) 246.000 May 2022 monthly Jan 2000 - May 2022
BoP: Financial Account: Financial Derivatives: Assets (EUR mn) -5.000 May 2022 monthly Jan 2000 - May 2022
BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (EUR mn) 35.000 Nov 2018 monthly Jan 2000 - Nov 2018
BoP: Capital Account: Credit (EUR mn) 21.000 May 2022 monthly Jan 2000 - May 2022
BoP: Current Account: Services (EUR mn) 129.000 May 2022 monthly Jan 2000 - May 2022
BoP: Current Account: Goods: Credit (EUR mn) 1,691.000 May 2022 monthly Jan 2000 - May 2022
BoP: Current Account: Services: Debit (EUR mn) 360.000 Apr 2022 monthly Jan 2000 - Apr 2022
BoP: Financial Account: Financial Derivatives (EUR mn) 88.000 May 2022 monthly Jan 2000 - May 2022
BoP: Financial Account: Direct Investment: Assets (EUR mn) 47.000 May 2022 monthly Jan 2000 - May 2022
BoP: Current Account: PI: Debit (EUR mn) 103.000 May 2022 monthly Jan 2000 - May 2022
Balance of Payments (BoP): Current Account (EUR mn) -291.000 May 2022 monthly Jan 2000 - May 2022
BoP: Financial Account: Reserve Assets (EUR mn) -92.000 May 2022 monthly Jan 2000 - May 2022
BoP: Capital Account (EUR mn) 21.000 May 2022 monthly Jan 2000 - May 2022
BoP: Financial Account: Financial Derivatives: Liabilities (EUR mn) -93.000 May 2022 monthly Jan 2000 - May 2022
International Investment Position (IIP) (EUR mn) -9,696.000 Mar 2022 quarterly Mar 2000 - Mar 2022
IIP: Assets (EUR mn) 46,613.000 Mar 2022 quarterly Mar 2000 - Mar 2022
IIP: Liabilities (EUR mn) 56,310.000 Mar 2022 quarterly Mar 2000 - Mar 2022
Net External Debt (EUR mn) 3,750.000 Mar 2022 quarterly Mar 2000 - Mar 2022
Gross External Debt (EUR mn) 37,562.000 Mar 2022 quarterly Mar 2000 - Mar 2022
Foreign Direct Investment (FDI): Stock (EUR mn) 21,571.000 Mar 2022 quarterly Mar 2000 - Mar 2022
FDI: Stock: Financial and Insurance Activities (EUR mn) 3,173.000 Mar 2022 quarterly Mar 2000 - Mar 2022
FDI: Stock: Real Estate Activities (EUR mn) 2,283.000 Dec 2018 quarterly Mar 2000 - Dec 2018
FDI: Stock: Construction (EUR mn) 383.000 Mar 2022 quarterly Mar 2000 - Mar 2022
FDI: Stock: Wholesale and Retail Trade, Repair of Vehicles (EUR mn) 3,171.000 Mar 2022 quarterly Mar 2000 - Mar 2022
FDI: Stock: Manufacturing (EUR mn) 2,375.000 Mar 2022 quarterly Mar 2000 - Mar 2022
FDI: Stock: EU: EA: Lithuania (EUR mn) 1,621.000 Mar 2022 quarterly Mar 2000 - Mar 2022
FDI: Stock: EU: Non EA: Sweden (EUR mn) 5,972.000 Mar 2022 quarterly Mar 2000 - Mar 2022
FDI: Stock: EU: EA: Cyprus (EUR mn) 1,211.000 Mar 2022 quarterly Mar 2000 - Mar 2022
FDI: Stock: EU: EA: Netherlands (EUR mn) 1,151.000 Mar 2022 quarterly Mar 2000 - Mar 2022
FDI: Stock: EU: EA: Estonia (EUR mn) 2,710.000 Mar 2022 quarterly Mar 2000 - Mar 2022
Direct Investment Abroad (DIA): Stock (EUR mn) 5,057.000 Mar 2022 quarterly Mar 2000 - Mar 2022
DIA: Stock: EU: EA: Luxembourg (EUR mn) 112.000 Mar 2022 quarterly Mar 2005 - Mar 2022
DIA: Stock: extra EU: Others: Switzerland (EUR mn) 84.000 Mar 2022 quarterly Mar 2000 - Mar 2022
DIA: Stock: EU: EA: Estonia (EUR mn) 1,927.000 Mar 2022 quarterly Mar 2000 - Mar 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 Mar 2022 quarterly Dec 2004 - Mar 2022
Household Debt: % of GDP (%) 20.8 Mar 2022 quarterly Mar 2004 - Mar 2022
Non-Performing Loans (USD mn) 245.413 Mar 2022 quarterly Dec 2010 - Mar 2022
Money Supply M1 (USD mn) 18,956.312 May 2022 monthly Jul 2003 - May 2022
Money Supply M2 (USD mn) 20,016.937 Jun 2022 monthly Jul 2003 - Jun 2022
M2 Growth (%) 5.8 May 2022 monthly Jan 2015 - May 2022
Reserve Requirement Ratio (%) 1.0 Jul 2022 monthly Jan 1999 - Jul 2022
Foreign Exchange Reserves (USD mn) 3,881.9 Jun 2022 monthly Jan 1997 - Jun 2022
Foreign Exchange Reserves: % of GDP (%) 11.186 Mar 2022 quarterly Mar 1997 - Mar 2022
Foreign Exchange Reserves: Months of Import (NA) 1.6 May 2022 monthly Jan 1997 - May 2022
Gold Reserves (USD mn) 389.447 Jun 2022 monthly Dec 1992 - Jun 2022
Total Deposits (USD mn) 691.477 Jun 2022 monthly Jan 1993 - Jun 2022
Total Deposits Growth (%) -95.8 Jun 2022 monthly Jan 1994 - Jun 2022
Domestic Credit (USD mn) 17,025.7 Dec 2021 monthly Jul 2003 - Dec 2021
Domestic Credit Growth (%) 12.9 Dec 2021 monthly Jul 2004 - Dec 2021
Household Debt (USD mn) 7,900.4 Mar 2022 quarterly Mar 2004 - Mar 2022
Total Loans (USD mn) 16,428.195 May 2022 monthly Jul 2003 - May 2022
Total Loans Growth (%) 7.91 May 2022 monthly Jul 2004 - May 2022
Private Debt: % of Nominal GDP (%) 28.28 Mar 2022 quarterly Sep 2003 - Mar 2022
Monetary Base: Euro Area: National Contribution (NC) (EUR mn) 11,308.500 Jun 2022 monthly Jan 2014 - Jun 2022
Monetary Aggregates: M3 (EUR mn) 19,296.100 Jun 2022 monthly Jan 2014 - Jun 2022
Loans: Residents: Households: for House Purchase (EUR mn) 4,615.700 Jun 2022 monthly Jul 2003 - Jun 2022
Loans: Residents: Households: Consumer Credit (EUR mn) 547.600 Jun 2022 monthly Jul 2003 - Jun 2022
Loans: Overdue: Non Performing Loans (NPL) (EUR th) 984,108.035 Mar 2019 quarterly Mar 2018 - Mar 2019
Loans (EUR th) 14,194,462.366 Jun 2018 quarterly Dec 2010 - Jun 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -6.8 Jul 2022 monthly Apr 1994 - Jul 2022
Economic Sentiment Index: Long Term Average: sa (NA) 94.800 Jul 2022 monthly Apr 1993 - Jul 2022

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