Latvia Forecast: Employment

1992 - 2025 | Yearly | Person mn | International Monetary Fund

Key information about Latvia Employment Forecast

  • Latvia Employment is forecasted to be 0.886 Person mn in Dec 2024 as reported by International Monetary Fund
  • It records an increase from the last reported number of 0.884 Person mn in Dec 2023
  • Looking ahead, Latvia Employment is projected to stand at 0.887 Person mn in Dec 2025
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Employment

View Latvia's Forecast: Employment from 1992 to 2025 in the chart:

Latvia Forecast: Employment

What is Latvia's Forecast: Employment in 2025?

Latvia Employment is forecasted to be 0.886 Person mn in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
0.887 2025 0.886 2024 0.844 2010 1.289 1992 Person mn yearly 1992 - 2025

Forecast: Employment by Country Comparison

country/region Last Frequency Range
Andorra (Person mn) 0.047 2022 yearly 2010 - 2022
Andorra (Person mn) 0.047 2022 yearly 2010 - 2022
Australia (Person mn) 13.897 2024 yearly 1980 - 2024
Austria (Person mn) 4.444 2025 yearly 1980 - 2025
Belgium (Person mn) 5.189 2024 yearly 1980 - 2024
Canada (Person mn) 20.853 2025 yearly 1980 - 2025
Croatia (Person mn) 1.755 2025 yearly 1991 - 2025
Cyprus (Person mn) 0.447 2024 yearly 1981 - 2024
Czech Republic (Person mn) 5.100 2025 yearly 1995 - 2025
Denmark (Person mn) 2.944 2024 yearly 1980 - 2024
Estonia (Person mn) 0.702 2025 yearly 1993 - 2025
Finland (Person mn) 2.617 2025 yearly 1980 - 2025
France (Person mn) 28.596 2025 yearly 1980 - 2025
Germany (Person mn) 42.367 2024 yearly 1980 - 2024
Greece (Person mn) 4.132 2024 yearly 1980 - 2024
Guatemala (Person mn) 0.000 yearly -
Hong Kong SAR, China (Person mn) 3.656 2024 yearly 1980 - 2024
Iceland (Person mn) 0.224 2024 yearly 1980 - 2024
Ireland (Person mn) 2.774 2025 yearly 1986 - 2025
Israel (Person mn) 4.411 2024 yearly 1980 - 2024
Italy (Person mn) 24.018 2025 yearly 1980 - 2025
Japan (Person mn) 67.598 2024 yearly 1980 - 2024
South Korea (Person mn) 28.727 2024 yearly 1980 - 2024
Latvia (Person mn) 0.887 2025 yearly 1992 - 2025
Lithuania (Person mn) 1.469 2025 yearly 1999 - 2025
Luxembourg (Person mn) 0.519 2024 yearly 1980 - 2024
Macau SAR, China (Person mn) 0.449 2025 yearly 2001 - 2025
North Macedonia (Person mn) 0.000 yearly -
Malta (Person mn) 0.312 2025 yearly 1983 - 2025
Netherlands (Person mn) 9.592 2024 yearly 1980 - 2024
New Zealand (Person mn) 3.016 2025 yearly 1980 - 2025
Nicaragua (Person mn) 0.000 yearly -
Norway (Person mn) 2.915 2025 yearly 1980 - 2025
Portugal (Person mn) 5.181 2025 yearly 1980 - 2025
Puerto Rico (Person mn) 0.882 2022 yearly 1980 - 2022
San Marino (Person mn) 0.022 2013 yearly 2001 - 2013
Singapore (Person mn) 3.833 2024 yearly 1980 - 2024
Slovakia (Person mn) 2.431 2025 yearly 1993 - 2025
Slovenia (Person mn) 1.092 2024 yearly 1992 - 2024
Spain (Person mn) 20.671 2024 yearly 1980 - 2024
Sweden (Person mn) 5.183 2024 yearly 1980 - 2024
Switzerland (Person mn) 5.238 2024 yearly 1980 - 2024
Taiwan (Person mn) 11.386 2024 yearly 1980 - 2024
Thailand (Person mn) 0.000 yearly -
United Kingdom (Person mn) 33.600 2025 yearly 1980 - 2025
United States (Person mn) 159.103 2024 yearly 1980 - 2024

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Latvia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.8 Jun 2024 quarterly Dec 1999 - Jun 2024
Consolidated Fiscal Balance (USD mn) 330.230 Jun 2024 quarterly Mar 1999 - Jun 2024
Tax Revenue (USD mn) 2,692.975 Jun 2024 quarterly Mar 1999 - Jun 2024
Tax Revenue: % of GDP (%) 24.9 Jun 2024 quarterly Mar 1999 - Jun 2024
National Government Debt (USD mn) 19,486.5 Jun 2024 quarterly Mar 2000 - Jun 2024
Government Debt: % of GDP (%) 46.4 Jun 2024 quarterly Mar 2000 - Jun 2024
Forecast: Government Expenditure (EUR bn) 22.508 2029 yearly 1998 - 2029
Forecast: Government Net Debt (EUR bn) 25.255 2029 yearly 1998 - 2029
Forecast: Government Revenue (EUR bn) 20.922 2029 yearly 1998 - 2029
General Govt Debt: % of GDP (%) 39.976 2017 yearly 2000 - 2017
General Govt Revenue: Taxes on Production and Imports: Value Added Type Taxes (EUR mn) 941.842 Jun 2024 quarterly Mar 1999 - Jun 2024
General Govt Expenditure: Capital Transfers Payable (EUR mn) 0.000 Sep 2018 quarterly Mar 1999 - Sep 2018
General Govt Debt (EUR mn) 18,192.964 Jun 2024 quarterly Mar 2000 - Jun 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.600 2028 yearly 1993 - 2028
Trade Balance (USD mn) -293.3 Sep 2024 monthly Jan 1995 - Sep 2024
Total Exports (USD mn) 1,734.9 Sep 2024 monthly Jan 1995 - Sep 2024
Total Exports Growth (%) -1.0 Sep 2024 monthly Jan 1996 - Sep 2024
Aluminum: Exports (USD th) 25,067.659 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 710,253.583 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 53,671.035 2023 yearly 1995 - 2023
Total Imports (USD mn) 2,028.2 Sep 2024 monthly Jan 1995 - Sep 2024
Total Imports Growth (%) -12.4 Sep 2024 monthly Jan 1996 - Sep 2024
Imports: Medicament (USD th) 847,102.111 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 178,444.602 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 40.231 Sep 2024 monthly Mar 1992 - Sep 2024
Total Imports from USA (USD mn) 19.934 Sep 2024 monthly Jan 1992 - Sep 2024
Total Exports to China (USD mn) 16.025 Sep 2024 monthly Jan 2000 - Sep 2024
Total Imports from China (USD mn) 82.503 Sep 2024 monthly Jun 1993 - Sep 2024
Exports: Wood and Articles of Wood and Wood Charcoal (EUR th) 234,137.236 Sep 2024 monthly Jan 2000 - Sep 2024
Exports: Machinery and Mechanical Appliances (EUR th) 88,396.792 Sep 2024 monthly Jan 2000 - Sep 2024
Exports: Mineral Fuels, Mineral Oils, Bituminous Substances and Mineral Waxes (EUR th) 83,119.077 Sep 2024 monthly Jan 2000 - Sep 2024
Exports: Iron and Steel (EUR th) 16,828.186 Sep 2024 monthly Jan 2000 - Sep 2024
Exports (EUR th) 1,562,430.002 Sep 2024 monthly Jan 1995 - Sep 2024
Exports: Electrical Machinery and Equipment (EUR th) 165,147.285 Sep 2024 monthly Jan 2000 - Sep 2024
Exports: Estonia (EUR) 179,640,421.000 Sep 2024 monthly Jan 2000 - Sep 2024
Exports: Germany (EUR) 106,845,493.000 Sep 2024 monthly Jan 2000 - Sep 2024
Exports: Lithuania (EUR) 287,959,659.000 Sep 2024 monthly Jan 2000 - Sep 2024
Exports: Poland (EUR) 67,974,611.000 Sep 2024 monthly Jan 2000 - Sep 2024
Exports: Russian Federation (EUR) 80,752,351.000 Sep 2024 monthly Jan 2000 - Sep 2024
Imports: Vehicles Other Than Rolling Stock and Parts and Accessories (EUR th) 146,826.742 Sep 2024 monthly Jan 2000 - Sep 2024
Imports: Mineral Fuels, Mineral Oils, Bituminous Substances and Mineral Waxes (EUR th) 224,167.521 Sep 2024 monthly Jan 2000 - Sep 2024
Imports: Iron and Steel (EUR th) 35,573.435 Sep 2024 monthly Jan 2000 - Sep 2024
Imports: Machinery and Mechanical Appliances (EUR th) 149,650.699 Sep 2024 monthly Jan 2000 - Sep 2024
Imports: Electrical Machinery and Equipment (EUR th) 190,905.325 Sep 2024 monthly Jan 2000 - Sep 2024
Imports (EUR th) 1,826,587.615 Sep 2024 monthly Jan 1995 - Sep 2024
Imports: Estonia (EUR) 163,171,039.000 Sep 2024 monthly Jan 2000 - Sep 2024
Imports: Germany (EUR) 210,643,544.000 Sep 2024 monthly Jan 2000 - Sep 2024
Imports: Lithuania (EUR) 418,973,400.000 Sep 2024 monthly Jan 2000 - Sep 2024
Imports: Poland (EUR) 203,849,290.000 Sep 2024 monthly Jan 2000 - Sep 2024
Imports: Russian Federation (EUR) 25,216,721.000 Sep 2024 monthly Jan 2000 - Sep 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 127.7 Sep 2024 monthly Jan 2000 - Sep 2024
Current Account Balance (USD mn) 23.0 Apr 2023 monthly Jan 2000 - Apr 2023
Current Account Balance: % of GDP (%) -4.6 Sep 2024 quarterly Mar 1995 - Sep 2024
Foreign Direct Investment (USD mn) 14.3 Apr 2023 monthly Jan 2000 - Apr 2023
Foreign Direct Investment: % of GDP (%) 3.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Foreign Portfolio Investment (USD mn) 437.526 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 10.7 Jun 2024 quarterly Mar 2000 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -11.1 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 447.511 Sep 2024 quarterly Mar 2000 - Sep 2024
External Debt (USD mn) 44,067.2 Mar 2024 quarterly Mar 2000 - Mar 2024
External Debt: % of GDP (%) 106.8 Sep 2024 quarterly Mar 2000 - Sep 2024
External Debt: Short Term (USD mn) 20,622.7 Mar 2024 quarterly Mar 2000 - Mar 2024
External Debt: Short Term: % of GDP (%) 47.6 2023 yearly 2000 - 2023
Total Debt: % of GDP (%) 343.0 Jun 2024 quarterly Mar 2004 - Jun 2024
Forecast: Current Account Balance (USD bn) -1.914 2029 yearly 1992 - 2029
Net International Investment Position (USD mn) -10,162.597 Jun 2024 quarterly Mar 1996 - Jun 2024
BoP: Current Account: Secondary Income: Debit (EUR mn) 138.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Financial Account: Direct Investment (EUR mn) -30.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Errors and Omissions (EUR mn) 113.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Capital Account: Credit (EUR mn) 32.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Current Account: Goods (EUR mn) -276.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Current Account: Services (EUR mn) 190.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Current Account: PI: Debit (EUR mn) 315.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Current Account: Secondary Income: Credit (EUR mn) 218.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Current Account: Goods: Credit (EUR mn) 1,557.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Financial Account (EUR mn) 50.000 Sep 2024 monthly Jan 2000 - Sep 2024
Balance of Payments (BoP): Current Account (EUR mn) -95.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Current Account: Goods: Debit (EUR mn) 1,834.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Financial Account: Portfolio Investment: Liabilities (EUR mn) 592.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Current Account: Primary Income (PI) (EUR mn) -89.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Current Account: Services: Debit (EUR mn) 490.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Current Account: Secondary Income (EUR mn) 80.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Current Account: Services: Credit (EUR mn) 680.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Financial Account: Financial Derivatives (EUR mn) -38.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Financial Account: Reserve Assets (EUR mn) 54.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Current Account: PI: Credit (EUR mn) 226.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Financial Account: Other Investment: Liabilities (EUR mn) -484.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Financial Account: Other Investment: Assets (EUR mn) 117.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Financial Account: Portfolio Investment (EUR mn) -537.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Financial Account: Other Investment (EUR mn) 601.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Financial Account: Portfolio Investment: Assets (EUR mn) 55.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Capital Account (EUR mn) 32.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Financial Account: Financial Derivatives: Liabilities (EUR mn) -7.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Financial Account: Financial Derivatives: Assets (EUR mn) -46.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Financial Account: Direct Investment: Assets (EUR mn) 115.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Financial Account: Direct Investment: Liabilities (EUR mn) 145.000 Sep 2024 monthly Jan 2000 - Sep 2024
BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (EUR mn) 35.000 Nov 2018 monthly Jan 2000 - Nov 2018
BoP: Capital Account: Debit (EUR mn) 0.000 Sep 2024 monthly Jan 2000 - Sep 2024
IIP: Assets (EUR mn) 56,451.000 Sep 2024 quarterly Mar 2000 - Sep 2024
IIP: Liabilities (EUR mn) 65,260.000 Sep 2024 quarterly Mar 2000 - Sep 2024
International Investment Position (IIP) (EUR mn) -8,810.000 Sep 2024 quarterly Mar 2000 - Sep 2024
Gross External Debt (EUR mn) 40,837.000 Mar 2024 quarterly Mar 2000 - Mar 2024
Net External Debt (EUR mn) 2,814.000 Mar 2024 quarterly Mar 2000 - Mar 2024
FDI: Stock: Manufacturing (EUR mn) 3,402.000 Sep 2024 quarterly Mar 2000 - Sep 2024
FDI: Stock: Financial and Insurance Activities (EUR mn) 3,902.000 Sep 2024 quarterly Mar 2000 - Sep 2024
FDI: Stock: Construction (EUR mn) 413.000 Sep 2024 quarterly Mar 2000 - Sep 2024
FDI: Stock: Wholesale and Retail Trade, Repair of Vehicles (EUR mn) 3,406.000 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Direct Investment (FDI): Stock (EUR mn) 25,750.000 Sep 2024 quarterly Mar 2000 - Sep 2024
FDI: Stock: Real Estate Activities (EUR mn) 2,283.000 Dec 2018 quarterly Mar 2000 - Dec 2018
FDI: Stock: EU: EA: Netherlands (EUR mn) 1,277.000 Sep 2024 quarterly Mar 2000 - Sep 2024
FDI: Stock: EU: EA: Estonia (EUR mn) 3,436.000 Sep 2024 quarterly Mar 2000 - Sep 2024
FDI: Stock: EU: EA: Cyprus (EUR mn) 1,327.000 Sep 2024 quarterly Mar 2000 - Sep 2024
FDI: Stock: EU: Non EA: Sweden (EUR mn) 7,855.000 Sep 2024 quarterly Mar 2000 - Sep 2024
FDI: Stock: EU: EA: Lithuania (EUR mn) 2,122.000 Sep 2024 quarterly Mar 2000 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.2 Sep 2024 quarterly Dec 2004 - Sep 2024
Household Debt: % of GDP (%) 22.3 Jun 2024 quarterly Mar 2004 - Jun 2024
Non-Performing Loans (USD mn) 230.387 Sep 2024 quarterly Dec 2010 - Sep 2024
Money Supply M1 (USD mn) 17,819.629 Sep 2024 monthly Jul 2003 - Sep 2024
Money Supply M2 (USD mn) 22,948.669 Sep 2024 monthly Jul 2003 - Sep 2024
M2 Growth (%) 4.5 Sep 2024 monthly Jan 2015 - Sep 2024
Reserve Requirement Ratio (%) 1.0 Oct 2024 monthly Jan 1999 - Oct 2024
Foreign Exchange Reserves (USD mn) 4,050.0 Oct 2024 monthly Jan 1997 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 9.361 Jun 2024 quarterly Mar 1997 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 2.0 Sep 2024 monthly Jan 1997 - Sep 2024
Gold Reserves (USD mn) 590.512 Oct 2024 monthly Dec 1992 - Oct 2024
Total Deposits (USD mn) 20,523.740 Sep 2024 monthly Jan 1993 - Sep 2024
Total Deposits Growth (%) 2,672.4 Jun 2024 monthly Jan 1994 - Jun 2024
Domestic Credit (USD mn) 18,329.7 Aug 2024 monthly Jul 2003 - Aug 2024
Domestic Credit Growth (%) -1.6 Aug 2024 monthly Jul 2004 - Aug 2024
Household Debt (USD mn) 9,367.8 Jun 2024 quarterly Mar 2004 - Jun 2024
Total Loans (USD mn) 19,533.504 Aug 2023 monthly Jul 2003 - Aug 2023
Total Loans Growth (%) 12.74 Aug 2023 monthly Jul 2004 - Aug 2023
Private Debt: % of Nominal GDP (%) 27.65 Jun 2024 quarterly Sep 2003 - Jun 2024
Monetary Base: Euro Area: National Contribution (NC) (EUR mn) 11,565.700 Oct 2024 monthly Jan 2014 - Oct 2024
Monetary Aggregates: M3 (EUR mn) 20,781.300 Sep 2024 monthly Jan 2014 - Sep 2024
Official Reserve Assets: EUR (EUR mn) 4,859.000 Oct 2024 monthly Jan 2007 - Oct 2024
Official Reserve Assets: EUR: Foreign Currency Reserves (CR) (EUR mn) 3,898.000 Nov 2024 monthly Jan 2007 - Nov 2024
Deposits: Residents (EUR mn) 18,415.200 Sep 2024 monthly Jan 1993 - Sep 2024
Loans: Residents: Households: Consumer Credit (EUR mn) 781.800 Sep 2024 monthly Jul 2003 - Sep 2024
Loans: Residents: Households: for House Purchase (EUR mn) 4,971.400 Sep 2024 monthly Jul 2003 - Sep 2024
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) -6.9 May 2023 monthly Apr 1994 - May 2023
Economic Sentiment Index: Long Term Average: sa (NA) 98.500 Nov 2024 monthly Apr 1993 - Nov 2024

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