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Latvia Industry Employment

Employment in industry  SL.IND.EMPL.ZS

Latvia's industry employment was 21.84% in 2025, ranked 117th globally. This represents a 0.6% decrease from 2024. Data from World Bank, covering 1991–2025.

21.84% −0.14% (-0.6%)
Year 2025 Rank #117 Global Peak 30.61% (1991) Source World Bank

Latvia Industry Employment (1991–2025)

Overview

Latvia's industry employment stood at 21.84% in 2025, a decline of +0.14% from 2024. Based on recent trends, this figure is projected to reach 21.11% by 2026. Latvia ranked 117th globally.

Latvia’s share of employment in industry has fallen steadily since the early 1990s, declining from an all‑time peak of 30.61 percent in 1991 to a trough of 21.84 percent in 2025, placing the country 117th globally out of 214 economies. The 35‑year slide reflects the structural shift toward services that accompanied the country’s integration into the European Union and the adoption of market reforms after independence. By 2025 Latvia’s industry employment rate is marginally higher than that of Honduras (21.64 percent) and Albania (21.98 percent) but lower than Thailand’s 22.24 percent, underscoring its position among middle‑ranking transition economies. The persistent downward trajectory suggests that without targeted policies to boost manufacturing competitiveness or to develop high‑value industrial niches, the share of industrial jobs will likely continue to contract, reinforcing the dominance of the service sector in Latvia’s labour market.

Data & projection

Year Industry Employment YoY change Rank
2028* trend 19.87% - -
2027* trend 20.49% - -
2026* trend 21.11% - -
2025 21.84% −0.14% #117
2024 21.98% −1.35% #118
2023 23.32% −0.21% #132
2022 23.53% −0.63% #132
2021 24.16% +1.41% #134
2020 22.75% −1.16% #126
2019 23.91% +0.91% #133
2018 23.00% +0.04% #130
2017 22.96% −1.16% #127
2016 24.11% +0.47% #130
2015 23.65% −0.20% #127
2014 23.85% −0.07% #131
2013 23.92% +0.44% #134
2012 23.48% +0.57% #129
2011 22.91% −0.17% #124
Show all years (1991-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +31.4% GDP growth 3.4% C/A balance 1.5%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Latvia matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw industry employment improve within 24 months. View full analysis →

Frequently Asked Questions

What is Latvia's industry employment?▾

Latvia's industry employment was 21.84% in 2025. Ranked 117th globally. This represents a 0.6% decrease from the previous year.

What was the highest industry employment in Latvia?▾

Latvia's industry employment peaked at 30.61% in 1991.

What was the lowest industry employment in Latvia?▾

The lowest industry employment in Latvia was 21.84% in 2025.

How does Latvia rank in industry employment?▾

Latvia ranks 117th globally in industry employment as of 2025.

What is the World Bank indicator code for industry employment?▾

The World Bank indicator code is SL.IND.EMPL.ZS. Data sourced from World Bank.

What is the projected industry employment of Latvia in 2026?▾

Latvia's industry employment is projected to reach 21.11% by 2026 based on trend extrapolation.

What is the industry employment of Latvia in 2025?▾

The industry employment of Latvia in 2025 was 21.84%. This ranks 117th in the world.

Cite this page

APA
Latvia Industry Employment. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/latvia/industry-employment/
BibTeX
@misc{historysaid_latvia_industry-employment, title = {Latvia Industry Employment}, url = {https://historysaid.com/latvia/industry-employment/}, publisher = {HistorySaid}, year = {2026} }
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