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Latvia Services Employment

Employment in services  SL.SRV.EMPL.ZS

Latvia's services employment was 71.50% in 2025, ranked 128th globally. This represents a 0.6% increase from 2024. Data from World Bank, covering 1991–2025.

71.50% +0.40% (+0.6%)
Year 2025 Rank #128 Global Peak 71.50% (2025) Source World Bank

Latvia Services Employment (1991–2025)

Overview

Latvia's services employment stood at 71.50% in 2025, a rise of +0.40% from 2024. Based on recent trends, this figure is projected to reach 71.81% by 2026. Latvia ranked 128th globally.

Latvia’s share of its labour force employed in services rose from 49.51 in 1991 to a record 71.50 in 2025, placing the country at 128th globally and matching the level recorded by Korea (71.51) and slightly exceeding Libya (71.38). The 35‑year upward trajectory reflects the post‑Soviet shift toward a market‑oriented economy, the expansion of tourism, information technology and financial services, and the gradual decline of agriculture and manufacturing as sources of employment. The all‑time peak in 2025 coincides with the broader Baltic trend of service‑led growth, while the trough in the early 1990s captured the disruption of the transition period. Continued integration into European supply chains, digitalisation of public services and investment in high‑skill sectors are likely to sustain the increase, although a slowdown could occur if demographic ageing curtails labour‑force participation.

Data & projection

Year Services Employment YoY change Rank
2028* trend 72.50% - -
2027* trend 72.16% - -
2026* trend 71.81% - -
2025 71.50% +0.40% #128
2024 71.10% +0.26% #126
2023 70.84% +0.60% #129
2022 70.24% +0.04% #131
2021 70.20% +0.35% #132
2020 69.85% +0.57% #130
2019 69.28% −0.82% #128
2018 70.10% −0.25% #131
2017 70.35% +2.16% #138
2016 68.19% −0.22% #129
2015 68.42% −0.23% #132
2014 68.65% +0.63% #132
2013 68.02% −0.13% #131
2012 68.15% −0.05% #133
2011 68.20% −0.11% #136
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 services employment improve within 24 months. View full analysis →

Frequently Asked Questions

What is Latvia's services employment?▾

Latvia's services employment was 71.50% in 2025. Ranked 128th globally. This represents a 0.6% increase from the previous year.

What was the highest services employment in Latvia?▾

Latvia's services employment peaked at 71.50% in 2025.

What was the lowest services employment in Latvia?▾

The lowest services employment in Latvia was 49.51% in 1991.

How does Latvia rank in services employment?▾

Latvia ranks 128th globally in services employment as of 2025.

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

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

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

Latvia's services employment is projected to reach 71.81% by 2026 based on trend extrapolation.

What is the services employment of Latvia in 2025?▾

The services employment of Latvia in 2025 was 71.50%. This ranks 128th in the world.

Cite this page

APA
Latvia Services Employment. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/latvia/services-employment/
BibTeX
@misc{historysaid_latvia_services-employment, title = {Latvia Services Employment}, url = {https://historysaid.com/latvia/services-employment/}, publisher = {HistorySaid}, year = {2026} }
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