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

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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) 4.461 2025 yearly 1980 - 2025
Belgium (Person mn) 5.189 2024 yearly 1980 - 2024
Canada (Person mn) 20.217 2024 yearly 1980 - 2024
Croatia (Person mn) 1.676 2024 yearly 1991 - 2024
Cyprus (Person mn) 0.447 2024 yearly 1981 - 2024
Czech Republic (Person mn) 5.092 2025 yearly 1995 - 2025
Denmark (Person mn) 2.944 2024 yearly 1980 - 2024
Estonia (Person mn) 0.701 2025 yearly 1993 - 2025
Finland (Person mn) 2.642 2025 yearly 1980 - 2025
France (Person mn) 28.398 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) 2.751 2025 yearly 1986 - 2025
Israel (Person mn) 4.411 2024 yearly 1980 - 2024
Italy (Person mn) 23.650 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) 1.430 2025 yearly 1999 - 2025
Luxembourg (Person mn) 0.519 2024 yearly 1980 - 2024
Macau SAR, China (Person mn) 0.413 2025 yearly 2001 - 2025
North Macedonia (Person mn) 0.000 yearly -
Malta (Person mn) 0.318 2025 yearly 1983 - 2025
Netherlands (Person mn) 9.592 2024 yearly 1980 - 2024
New Zealand (Person mn) 2.948 2024 yearly 1980 - 2024
Nicaragua (Person mn) 0.000 yearly -
Norway (Person mn) 2.915 2025 yearly 1980 - 2025
Portugal (Person mn) 5.152 2024 yearly 1980 - 2024
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) 2.447 2024 yearly 1993 - 2024
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) 32.809 2024 yearly 1980 - 2024
United States (Person mn) 159.103 2024 yearly 1980 - 2024

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Latvia Key Series

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Includes 256 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 (%) -2.2 Dec 2023 quarterly Dec 1999 - Dec 2023
Consolidated Fiscal Balance (USD mn) -1,040.713 Dec 2023 quarterly Mar 1999 - Dec 2023
Tax Revenue (USD mn) 2,405.778 Dec 2023 quarterly Mar 1999 - Dec 2023
Tax Revenue: % of GDP (%) 20.9 Dec 2023 quarterly Mar 1999 - Dec 2023
National Government Debt (USD mn) 19,448.6 Dec 2023 quarterly Mar 2000 - Dec 2023
Government Debt: % of GDP (%) 43.6 Dec 2023 quarterly Mar 2000 - Dec 2023
Forecast: Government Expenditure (EUR bn) 21.865 2028 yearly 1998 - 2028
Forecast: Government Net Debt (EUR bn) 21.106 2028 yearly 1998 - 2028
Forecast: Government Revenue (EUR bn) 21.330 2028 yearly 1998 - 2028
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) 960.738 Dec 2023 quarterly Mar 1999 - Dec 2023
General Govt Expenditure: Capital Transfers Payable (EUR mn) 0.000 Sep 2018 quarterly Mar 1999 - Sep 2018
General Govt Debt (EUR mn) 17,581.434 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.600 2028 yearly 1993 - 2028
Trade Balance (USD mn) -284.9 Mar 2024 monthly Jan 1995 - Mar 2024
Total Exports (USD mn) 1,655.1 Mar 2024 monthly Jan 1995 - Mar 2024
Total Exports Growth (%) -18.8 Mar 2024 monthly Jan 1996 - Mar 2024
Aluminum: Exports (USD th) 33,615.900 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 615,626.155 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 54,855.622 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,940.0 Mar 2024 monthly Jan 1995 - Mar 2024
Total Imports Growth (%) -17.0 Mar 2024 monthly Jan 1996 - Mar 2024
Imports: Medicament (USD th) 660,790.916 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 208,783.032 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 52.655 Mar 2024 monthly Mar 1992 - Mar 2024
Total Imports from USA (USD mn) 37.523 Mar 2024 monthly Jan 1992 - Mar 2024
Total Exports to China (USD mn) 17.712 Mar 2024 monthly Jan 2000 - Mar 2024
Total Imports from China (USD mn) 85.903 Mar 2024 monthly Jun 1993 - Mar 2024
Exports: Iron and Steel (EUR th) 19,315.842 Mar 2024 monthly Jan 2000 - Mar 2024
Exports: Machinery and Mechanical Appliances (EUR th) 78,781.567 Mar 2024 monthly Jan 2000 - Mar 2024
Exports: Mineral Fuels, Mineral Oils, Bituminous Substances and Mineral Waxes (EUR th) 106,617.537 Mar 2024 monthly Jan 2000 - Mar 2024
Exports (EUR th) 1,522,599.431 Mar 2024 monthly Jan 1995 - Mar 2024
Exports: Wood and Articles of Wood and Wood Charcoal (EUR th) 269,814.544 Mar 2024 monthly Jan 2000 - Mar 2024
Exports: Electrical Machinery and Equipment (EUR th) 159,590.380 Mar 2024 monthly Jan 2000 - Mar 2024
Exports: Estonia (EUR) 195,288,000.000 Mar 2024 monthly Jan 2000 - Mar 2024
Exports: Germany (EUR) 105,508,080.000 Mar 2024 monthly Jan 2000 - Mar 2024
Exports: Lithuania (EUR) 277,227,840.000 Mar 2024 monthly Jan 2000 - Mar 2024
Exports: Poland (EUR) 69,825,817.000 Mar 2024 monthly Jan 2000 - Mar 2024
Exports: Russian Federation (EUR) 84,291,727.000 Mar 2024 monthly Jan 2000 - Mar 2024
Imports: Vehicles Other Than Rolling Stock and Parts and Accessories (EUR th) 144,879.596 Mar 2024 monthly Jan 2000 - Mar 2024
Imports: Iron and Steel (EUR th) 46,341.994 Mar 2024 monthly Jan 2000 - Mar 2024
Imports: Mineral Fuels, Mineral Oils, Bituminous Substances and Mineral Waxes (EUR th) 139,099.239 Mar 2024 monthly Jan 2000 - Mar 2024
Imports: Electrical Machinery and Equipment (EUR th) 184,584.365 Mar 2024 monthly Jan 2000 - Mar 2024
Imports: Machinery and Mechanical Appliances (EUR th) 140,843.506 Mar 2024 monthly Jan 2000 - Mar 2024
Imports (EUR th) 1,784,710.216 Mar 2024 monthly Jan 1995 - Mar 2024
Imports: Estonia (EUR) 125,271,100.000 Mar 2024 monthly Jan 2000 - Mar 2024
Imports: Germany (EUR) 200,104,343.000 Mar 2024 monthly Jan 2000 - Mar 2024
Imports: Lithuania (EUR) 350,541,618.000 Mar 2024 monthly Jan 2000 - Mar 2024
Imports: Poland (EUR) 206,537,407.000 Mar 2024 monthly Jan 2000 - Mar 2024
Imports: Russian Federation (EUR) 40,937,555.000 Mar 2024 monthly Jan 2000 - Mar 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 97.1 Feb 2024 monthly Jan 2000 - Feb 2024
Current Account Balance (USD mn) 23.0 Apr 2023 monthly Jan 2000 - Apr 2023
Current Account Balance: % of GDP (%) -1.6 Dec 2023 quarterly Mar 1995 - Dec 2023
Foreign Direct Investment (USD mn) 14.3 Apr 2023 monthly Jan 2000 - Apr 2023
Foreign Direct Investment: % of GDP (%) 0.3 Dec 2023 quarterly Mar 1995 - Dec 2023
Foreign Portfolio Investment (USD mn) 696.796 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 6.0 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 15.1 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 681.658 Dec 2023 quarterly Mar 2000 - Dec 2023
External Debt (USD mn) 43,947.1 Dec 2023 quarterly Mar 2000 - Dec 2023
External Debt: % of GDP (%) 98.6 Dec 2023 quarterly Mar 2000 - Dec 2023
External Debt: Short Term (USD mn) 20,504.5 Dec 2023 quarterly Mar 2000 - Dec 2023
External Debt: Short Term: % of GDP (%) 53.2 2022 yearly 2000 - 2022
Total Debt: % of GDP (%) 321.1 Dec 2023 quarterly Mar 2004 - Dec 2023
Forecast: Current Account Balance (USD bn) -1.830 2029 yearly 1992 - 2029
Net International Investment Position (USD mn) -10,987.885 Dec 2023 quarterly Mar 1996 - Dec 2023
BoP: Current Account: Secondary Income: Debit (EUR mn) 83.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Capital Account: Debit (EUR mn) 0.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Capital Account: Credit (EUR mn) 19.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Financial Account: Direct Investment (EUR mn) 16.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Errors and Omissions (EUR mn) -195.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Current Account: Goods (EUR mn) -190.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Current Account: Services (EUR mn) 151.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Financial Account (EUR mn) -149.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Current Account: PI: Debit (EUR mn) 217.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Financial Account: Other Investment (EUR mn) -9.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Financial Account: Portfolio Investment: Assets (EUR mn) -53.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Current Account: Secondary Income: Credit (EUR mn) 144.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Current Account: Goods: Credit (EUR mn) 1,495.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Current Account: Goods: Debit (EUR mn) 1,685.000 Feb 2024 monthly Jan 2000 - Feb 2024
Balance of Payments (BoP): Current Account (EUR mn) 28.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Current Account: Primary Income (PI) (EUR mn) 5.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Current Account: Services: Debit (EUR mn) 407.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Current Account: Services: Credit (EUR mn) 559.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Financial Account: Reserve Assets (EUR mn) -41.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Financial Account: Financial Derivatives (EUR mn) 38.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Financial Account: Portfolio Investment: Liabilities (EUR mn) 100.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Current Account: Secondary Income (EUR mn) 61.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Capital Account (EUR mn) 19.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Financial Account: Other Investment: Liabilities (EUR mn) -439.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Financial Account: Portfolio Investment (EUR mn) -153.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Current Account: PI: Credit (EUR mn) 222.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Financial Account: Other Investment: Assets (EUR mn) -448.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Financial Account: Financial Derivatives: Liabilities (EUR mn) -44.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Financial Account: Financial Derivatives: Assets (EUR mn) -7.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Financial Account: Direct Investment: Assets (EUR mn) 90.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Financial Account: Direct Investment: Liabilities (EUR mn) 74.000 Feb 2024 monthly Jan 2000 - Feb 2024
BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (EUR mn) 35.000 Nov 2018 monthly Jan 2000 - Nov 2018
IIP: Assets (EUR mn) 51,732.000 Dec 2023 quarterly Mar 2000 - Dec 2023
IIP: Liabilities (EUR mn) 61,664.000 Dec 2023 quarterly Mar 2000 - Dec 2023
International Investment Position (IIP) (EUR mn) -9,933.000 Dec 2023 quarterly Mar 2000 - Dec 2023
Gross External Debt (EUR mn) 39,728.000 Dec 2023 quarterly Mar 2000 - Dec 2023
Net External Debt (EUR mn) 3,011.000 Dec 2023 quarterly Mar 2000 - Dec 2023
FDI: Stock: Manufacturing (EUR mn) 3,158.000 Dec 2023 quarterly Mar 2000 - Dec 2023
FDI: Stock: Construction (EUR mn) 389.000 Dec 2023 quarterly Mar 2000 - Dec 2023
FDI: Stock: Financial and Insurance Activities (EUR mn) 3,829.000 Dec 2023 quarterly Mar 2000 - Dec 2023
FDI: Stock: Wholesale and Retail Trade, Repair of Vehicles (EUR mn) 3,109.000 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Direct Investment (FDI): Stock (EUR mn) 24,476.000 Dec 2023 quarterly Mar 2000 - Dec 2023
FDI: Stock: Real Estate Activities (EUR mn) 2,283.000 Dec 2018 quarterly Mar 2000 - Dec 2018
FDI: Stock: EU: EA: Netherlands (EUR mn) 1,212.000 Dec 2023 quarterly Mar 2000 - Dec 2023
FDI: Stock: EU: EA: Estonia (EUR mn) 3,374.000 Dec 2023 quarterly Mar 2000 - Dec 2023
FDI: Stock: EU: Non EA: Sweden (EUR mn) 7,312.000 Dec 2023 quarterly Mar 2000 - Dec 2023
FDI: Stock: EU: EA: Cyprus (EUR mn) 1,406.000 Dec 2023 quarterly Mar 2000 - Dec 2023
FDI: Stock: EU: EA: Lithuania (EUR mn) 1,904.000 Dec 2023 quarterly Mar 2000 - Dec 2023
DIA: Stock: EU: EA: Lithuania (EUR mn) 1,970.000 Dec 2023 quarterly Mar 2000 - Dec 2023
DIA: Stock: extra EU: Others: Switzerland (EUR mn) 68.000 Dec 2023 quarterly Mar 2000 - Dec 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.2 Dec 2023 quarterly Dec 2004 - Dec 2023
Household Debt: % of GDP (%) 20.1 Sep 2023 quarterly Mar 2004 - Sep 2023
Non-Performing Loans (USD mn) 213.491 Dec 2023 quarterly Dec 2010 - Dec 2023
Money Supply M1 (USD mn) 17,141.827 Mar 2024 monthly Jul 2003 - Mar 2024
Money Supply M2 (USD mn) 22,379.563 Mar 2024 monthly Jul 2003 - Mar 2024
M2 Growth (%) 3.2 Mar 2024 monthly Jan 2015 - Mar 2024
Reserve Requirement Ratio (%) 1.0 Mar 2024 monthly Jan 1999 - Mar 2024
Foreign Exchange Reserves (USD mn) 3,948.4 Mar 2024 monthly Jan 1997 - Mar 2024
Foreign Exchange Reserves: % of GDP (%) 8.739 Dec 2023 quarterly Mar 1997 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 2.1 Mar 2024 monthly Jan 1997 - Mar 2024
Gold Reserves (USD mn) 472.646 Mar 2024 monthly Dec 1992 - Mar 2024
Total Deposits (USD mn) 19,908.208 Mar 2024 monthly Jan 1993 - Mar 2024
Total Deposits Growth (%) 2.3 Mar 2024 monthly Jan 1994 - Mar 2024
Domestic Credit (USD mn) 18,298.3 Jan 2024 monthly Jul 2003 - Jan 2024
Domestic Credit Growth (%) 6.6 Jan 2024 monthly Jul 2004 - Jan 2024
Household Debt (USD mn) 8,942.5 Dec 2023 quarterly Mar 2004 - Dec 2023
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 (%) 26.25 Dec 2023 quarterly Sep 2003 - Dec 2023
Monetary Base: Euro Area: National Contribution (NC) (EUR mn) 11,952.400 Mar 2024 monthly Jan 2014 - Mar 2024
Monetary Aggregates: M3 (EUR mn) 20,897.900 Mar 2024 monthly Jan 2014 - Mar 2024
Official Reserve Assets: EUR: Foreign Currency Reserves (CR) (EUR mn) 3,659.000 Mar 2024 monthly Jan 2007 - Mar 2024
Official Reserve Assets: EUR (EUR mn) 4,669.000 Mar 2024 monthly Jan 2007 - Mar 2024
Deposits: Residents (EUR mn) 18,448.900 Mar 2024 monthly Jan 1993 - Mar 2024
Loans: Residents: Households: for House Purchase (EUR mn) 4,803.200 Mar 2024 monthly Jul 2003 - Mar 2024
Loans: Residents: Households: Consumer Credit (EUR mn) 708.200 Mar 2024 monthly Jul 2003 - Mar 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) 98.200 Apr 2024 monthly Apr 1993 - Apr 2024

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