8.1% In 2020, unemployment reached 8.1% in Latvia


Oļegs Krasnopjorovs

Latvijas Bankas ekonomists

Andrejs Bessonovs

Latvijas Bankas ekonomists

Agnese Rutkovska

Latvijas Bankas ekonomiste
As to the economic outlook for the third quarter, there is good reason to expect better results due to more relaxed COVID-19 restrictions and overall more positive sentiment among consumers and businesses.

Anete Migale

Latvijas Bankas ekonomiste
Lai gan pandēmija darba tirgu kopumā, protams, ietekmējusi negatīvi, darba tirgus šai ietekmei pretojies cienījami.

Guntis Kalniņš

Latvijas Bankas ekonomists
The restrictions related to the exacerbation of the spread of the COVID-19 virus and the dramatic decrease in economic activity determined developments of the balance of payments in the second quarter of 2020.
  • Annual inflation (%; HICP)

  • Real GDP (year-on-year; %)

  • Job seekers rate (%)

  • Current account surplus/deficit to GDP ratio (%)