Welcome to your guide to the Latvia job market. Finding the right job or candidate requires solid data. Here you will find key figures on employment, salaries and the economy to support your next career step or recruitment decision in Latvia.
Job market overview
| Key metric | Current value |
|---|---|
| Total population | 1,886,198 residents |
| Employment rate | 60.7% |
| Unemployment rate | 6.8%Moderate to higher unemployment – strong, specific skills help you stand out. |
With an unemployment rate of 6.8%, Latvia has a more balanced labor market. Candidates should highlight specialized skills and experience.
Living & working in Latvia: salaries and cost of living
Before relocating or applying for jobs in Latvia, consider these key economic factors:
| Indicator | Value | Compared with the U.S. |
|---|---|---|
| Average monthly salary | 1,220 USD | 27% of the U.S. averagesignificantly lower |
| Purchasing power | 50.5 | weaker (U.S. = 100) |
With a purchasing power index of 50.5, the average monthly salary of 1,220 USD supports a budget-conscious lifestyle in Latvia. Always compare an offer with local rents and living costs in the specific city.
Top industries & employers in LV
| Leading industry | Agriculture |
| Growth sector | Manufacturing |
| Service sector | Services |
| Major employers | Latvenergo, AirBaltic, Latvijas Finieris |
Job seekers will usually find the most openings in Agriculture, while Manufacturing offers growth potential.
Open jobs in Latvia
Working in Latvia – FAQ
What's the employment situation in Latvia?
Latvia has a population of about 1,886,198. The employment rate is 60.7%. The unemployment rate currently stands at 6.8%.
Which are the top companies in Latvia?
Large employers in Latvia include Latvenergo, AirBaltic, Latvijas Finieris.
How far does a salary go in Latvia?
The purchasing power index for Latvia is 50.5 (U.S. = 100), which means the cost of living should be weighed carefully when comparing job offers.
How can I find jobs in Latvia?
Cityjobs currently lists 1 open position in Latvia. Employers post directly, and you apply with the employer.
Which industries matter most in Latvia?
Agriculture is the leading industry, while Manufacturing is an important growth sector, alongside Services.
Data sources & methodology
The figures in this guide are compiled from these public sources:
- Employment & economic data: World Bank Indicators
- Cost of living & salaries: Numbeo Cost of Living Database
