Home → Latvia → Employment → Youth Unemployment

Latvia Youth Unemployment

Youth unemployment (ages 15-24)  SL.UEM.1524.ZS

Latvia's youth unemployment was 12.95% in 2025, ranked 90th globally. This represents a 4.9% decrease from 2024. Data from World Bank, covering 1991–2025.

12.95% −0.66pp (-4.9%)
Year 2025 Rank #90 Global Peak 38.26% (1996) Source World Bank

Latvia Youth Unemployment (1991–2025)

Overview

Latvia's youth unemployment stood at 12.95% in 2025, a decline of +0.66pp from 2024. Based on recent trends, this figure is projected to reach 12.19% by 2026. Latvia ranked 90th globally.

Latvia’s youth unemployment rate stands at 12.95 % in 2025, placing the country 90th in the world and slightly above the 12.71 % recorded by Cyprus, a peer with a comparable ranking. The indicator has traversed a volatile path over the 35‑year series, rising sharply from a post‑Soviet trough of 5.03 % in 1991 to an all‑time peak of 38.26 % in 1996 as the economy adjusted to market reforms. Since that high, the rate has generally declined, hovering in the low‑teens for the past decade, a level that reflects both structural labour‑market reforms and the impact of EU cohesion funds aimed at improving skill formation. The recent modest increase to 12.95 % suggests some sensitivity to cyclical shocks, yet the long‑term downward trajectory remains intact. Continued investment in vocational training and the expansion of digital‑economy jobs are likely to sustain the gradual reduction in youth unemployment, provided macro‑economic conditions remain stable.

Data & projection

Year Youth Unemployment YoY change Rank
2028* trend 11.13% - -
2027* trend 11.66% - -
2026* trend 12.19% - -
2025 12.95% −0.66pp #90
2024 13.61% +1.29pp #98
2023 12.32% −2.95pp #91
2022 15.27% +0.48pp #107
2021 14.79% −0.08pp #93
2020 14.87% +2.45pp #88
2019 12.42% +0.22pp #93
2018 12.19% −4.78pp #93
2017 16.97% −0.30pp #111
2016 17.27% +0.96pp #110
2015 16.32% −3.28pp #102
2014 19.60% −3.64pp #118
2013 23.24% −5.33pp #127
2012 28.56% −2.51pp #147
2011 31.07% −5.17pp #155
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 youth unemployment improve within 24 months. View full analysis →

Frequently Asked Questions

What is Latvia's youth unemployment?▾

Latvia's youth unemployment was 12.95% in 2025. Ranked 90th globally. This represents a 4.9% decrease from the previous year.

What was the highest youth unemployment in Latvia?▾

Latvia's youth unemployment peaked at 38.26% in 1996.

What was the lowest youth unemployment in Latvia?▾

The lowest youth unemployment in Latvia was 5.03% in 1991.

How does Latvia rank in youth unemployment?▾

Latvia ranks 90th globally in youth unemployment as of 2025.

What is the World Bank indicator code for youth unemployment?▾

The World Bank indicator code is SL.UEM.1524.ZS. Data sourced from World Bank.

What is the projected youth unemployment of Latvia in 2026?▾

Latvia's youth unemployment is projected to reach 12.19% by 2026 based on trend extrapolation.

What is the youth unemployment of Latvia in 2025?▾

The youth unemployment of Latvia in 2025 was 12.95%. This ranks 90th in the world.

Cite this page

APA
Latvia Youth Unemployment. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/latvia/youth-unemployment/
BibTeX
@misc{historysaid_latvia_youth-unemployment, title = {Latvia Youth Unemployment}, url = {https://historysaid.com/latvia/youth-unemployment/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub