Productivity vs. educational attainment in Latvia
Latvia: Productivity vs. educational attainment was 43.99 international-$ in 2021 prices per hour in 2023. ▲ Rising
Latest (2023)
43.99 international-$ in 2021 prices per hour
Change on year
up 2.3%
World rank
41st
of 130 countries
All-time high
43.99 international-$ in 2021 prices per hour
in 2023
All-time low
14.98 international-$ in 2021 prices per hour
in 1996
Years of data
29
1995–2023
Productivity vs. educational attainment in Latvia, 1995–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices per hour.
Analysis
In 2023, productivity vs. educational attainment in Latvia stood at 43.99 international-$ in 2021 prices per hour. That is the highest value across all 29 years on record.
The figure is up 2.3% on the previous year and up 34.1% over ten years.
Over the whole period, productivity vs. educational attainment in Latvia peaked at 43.99 international-$ in 2021 prices per hour in 2023 and was at its lowest, 14.98 international-$ in 2021 prices per hour, in 1996.
That places Latvia 41st out of 130 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Productivity vs. educational attainment in Latvia, year by year
| Year | international-$ in 2021 prices per hour | Change |
|---|---|---|
| 1995 | 15 international-$ in 2021 prices per hour | — |
| 1996 | 14.98 international-$ in 2021 prices per hour | -0.1% |
| 1997 | 15.06 international-$ in 2021 prices per hour | +0.5% |
| 1998 | 16.23 international-$ in 2021 prices per hour | +7.8% |
| 1999 | 17.32 international-$ in 2021 prices per hour | +6.7% |
| 2000 | 18.66 international-$ in 2021 prices per hour | +7.7% |
| 2001 | 19.51 international-$ in 2021 prices per hour | +4.6% |
| 2002 | 20.48 international-$ in 2021 prices per hour | +4.9% |
| 2003 | 20.52 international-$ in 2021 prices per hour | +0.2% |
| 2004 | 21.49 international-$ in 2021 prices per hour | +4.7% |
| 2005 | 22.74 international-$ in 2021 prices per hour | +5.8% |
| 2006 | 23.28 international-$ in 2021 prices per hour | +2.4% |
| 2007 | 24.71 international-$ in 2021 prices per hour | +6.1% |
| 2008 | 26.2 international-$ in 2021 prices per hour | +6.0% |
| 2009 | 28.06 international-$ in 2021 prices per hour | +7.1% |
| 2010 | 30.87 international-$ in 2021 prices per hour | +10.0% |
| 2011 | 32.15 international-$ in 2021 prices per hour | +4.1% |
| 2012 | 33.91 international-$ in 2021 prices per hour | +5.5% |
| 2013 | 32.8 international-$ in 2021 prices per hour | -3.3% |
| 2014 | 34.41 international-$ in 2021 prices per hour | +4.9% |
| 2015 | 35.79 international-$ in 2021 prices per hour | +4.0% |
| 2016 | 36.69 international-$ in 2021 prices per hour | +2.5% |
| 2017 | 38.95 international-$ in 2021 prices per hour | +6.1% |
| 2018 | 38.74 international-$ in 2021 prices per hour | -0.5% |
| 2019 | 40.05 international-$ in 2021 prices per hour | +3.4% |
| 2020 | 41.96 international-$ in 2021 prices per hour | +4.8% |
| 2021 | 43.45 international-$ in 2021 prices per hour | +3.6% |
| 2022 | 43.03 international-$ in 2021 prices per hour | -1.0% |
| 2023 | 43.99 international-$ in 2021 prices per hour | +2.3% |
Latvia compared with similar countries
- Latvia's 43.99 international-$ in 2021 prices per hour is below the median for high income countries, which is 51.52 international-$ in 2021 prices per hour, 85% of the median. (51 countries reporting)
- Latvia's 43.99 international-$ in 2021 prices per hour is below the median for Europe & Central Asia, which is 46.15 international-$ in 2021 prices per hour, 95% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.72 international-$ in 2021 prices per hour | 14.98 international-$ in 2021 prices per hour | 17.32 international-$ in 2021 prices per hour | 5 |
| 2000s | 22.57 international-$ in 2021 prices per hour | 18.66 international-$ in 2021 prices per hour | 28.06 international-$ in 2021 prices per hour | 10 |
| 2010s | 35.44 international-$ in 2021 prices per hour | 30.87 international-$ in 2021 prices per hour | 40.05 international-$ in 2021 prices per hour | 10 |
| 2020s | 43.11 international-$ in 2021 prices per hour | 41.96 international-$ in 2021 prices per hour | 43.99 international-$ in 2021 prices per hour | 4 |
Countries ranked near Latvia
- 38 Israel 46.18 international-$ in 2021 prices per hour compare
- 39 Estonia 46.15 international-$ in 2021 prices per hour compare
- 40 Trinidad and Tobago 45.94 international-$ in 2021 prices per hour compare
- 42 Slovakia 43.99 international-$ in 2021 prices per hour compare
- 43 Cyprus 43.85 international-$ in 2021 prices per hour compare
- 44 Portugal 42.76 international-$ in 2021 prices per hour compare
More education data for Latvia
- Teachers in secondary education, both sexes (number), gaps filled 12,484 (2024)
- Repeaters in primary education, all grades, both sexes (number), gaps 1,003 (2024)
- Enrolment in pre-primary education, male (number), gaps filled 39,631 (2024)
- Enrolment in pre-primary education, female (number), gaps filled 36,792 (2024)
- Secondary education, pupils, gaps filled 123,994 (2024)
- Primary education, duration (years), annual growth rate 0 % change on previous year (2025)
- Primary education, pupils, gaps filled 123,956 (2024)
- Primary education, pupils, annual growth rate 1.65 % change on previous year (2024)
- Primary education, pupils, per unit of GDP 0 units per US$ of GDP (2024)
- Primary education, pupils, per capita 0.0664 units per person (2024)
Frequently asked questions
- What is productivity vs. educational attainment in Latvia?
- Productivity vs. educational attainment in Latvia was 43.99 international-$ in 2021 prices per hour in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest productivity vs. educational attainment recorded in Latvia?
- The highest recorded value was 43.99 international-$ in 2021 prices per hour in 2023.
- What is the lowest productivity vs. educational attainment recorded in Latvia?
- The lowest recorded value was 14.98 international-$ in 2021 prices per hour in 1996.
- How does Latvia rank for productivity vs. educational attainment?
- Latvia ranks 41st out of 130 countries with data for 2023.
- Is productivity vs. educational attainment rising or falling in Latvia?
- Over the last ten years it is up 34.1%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Productivity vs. educational attainment. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Productivity is calculated as GDP divided by the total number of hours worked in the economy. This data is adjusted for inflation and differences in living costs between countries.