Account, in labor force in Latvia

Latvia: Account, in labor force was 96.9% in 2024. ▬ Flat

Latest (2024)
96.9%
Change on year
down 1.8%
World rank
29th
of 97 countries
All-time high
98.7%
in 2021
All-time low
96.6%
in 2011
Years of data
5
2011–2024

Account, in labor force in Latvia, 2011–2024

0204060801002011201720242011: 96.6 % age 15+2014: 97.2 % age 15+2017: 98.4 % age 15+2021: 98.7 % age 15+2024: 96.9 % age 15+

Source: Global Findex database. Measured in % age 15+.

Analysis

The most recent figure for account, in labor force in Latvia is 96.9%, measured in 2024.

That represents a change of down 1.8% on the previous year and down 0.4% over ten years.

Over the whole period, account, in labor force in Latvia peaked at 98.7% in 2021 and was at its lowest, 96.6%, in 2011.

That places Latvia 29th out of 97 countries with data for 2024, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 97.4% 96.6% 98.4% 3
2020s 97.8% 96.9% 98.7% 2

Countries ranked near Latvia

  1. 26 Taiwan 97.2% compare
  2. 27 Serbia 97.1% compare
  3. 28 South Korea 97.0% compare
  4. 30 Italy 96.8% compare
  5. 31 Portugal 96.2% compare
  6. 32 Czechia 95.9% compare

See the full ranking of 110 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is account, in labor force in Latvia?
Account, in labor force in Latvia was 96.9% in 2024, according to Global Findex database.
What is the highest account, in labor force recorded in Latvia?
The highest recorded value was 98.7% in 2021.
What is the lowest account, in labor force recorded in Latvia?
The lowest recorded value was 96.6% in 2011.
How does Latvia rank for account, in labor force?
Latvia ranks 29th out of 97 countries with data for 2024.
Is account, in labor force rising or falling in Latvia?
Over the last ten years it is down 0.4%. The long-run trend across the full record is flat.
Where does this Latvia data come from?
The figures come from Global Findex database, published as part of Account, in labor force (% age 15+). Statizoid updates them automatically from the source API.

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About this data

Indicator
Account, in labor force (% age 15+)
Unit
% age 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), in labor force (% age 15+)