Sahm rule recession indicator — Recession signal in Latvia
Latvia: Sahm rule recession indicator — Recession signal was 0 Unspecified in 2026. ◆ Volatile
Sahm rule recession indicator — Recession signal in Latvia, 1999–2026
Source: Organisation for Economic Co-operation and Development. Measured in Unspecified.
Analysis
Latvia recorded 0 Unspecified for sahm rule recession indicator — recession signal in 2026. That is the lowest value across all 28 years on record.
Compared with earlier readings it is down 100.0% over five years.
Over the whole period, sahm rule recession indicator — recession signal in Latvia peaked at 1 Unspecified in 2004 and was at its lowest, 0 Unspecified, in 1999.
That places Latvia 9th out of 30 countries with data for 2026, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Sahm rule recession indicator — Recession signal in Latvia, year by year
| Year | Unspecified | Change |
|---|---|---|
| 1999 | 0 Unspecified | — |
| 2000 | 0 Unspecified | — |
| 2001 | 0 Unspecified | — |
| 2002 | 0 Unspecified | — |
| 2003 | 0 Unspecified | — |
| 2004 | 1 Unspecified | — |
| 2005 | 0 Unspecified | -100.0% |
| 2006 | 0 Unspecified | — |
| 2007 | 0 Unspecified | — |
| 2008 | 1 Unspecified | — |
| 2009 | 1 Unspecified | +0.0% |
| 2010 | 1 Unspecified | +0.0% |
| 2011 | 0 Unspecified | -100.0% |
| 2012 | 1 Unspecified | — |
| 2013 | 0 Unspecified | -100.0% |
| 2014 | 0 Unspecified | — |
| 2015 | 0 Unspecified | — |
| 2016 | 0 Unspecified | — |
| 2017 | 0 Unspecified | — |
| 2018 | 0 Unspecified | — |
| 2019 | 0 Unspecified | — |
| 2020 | 1 Unspecified | — |
| 2021 | 1 Unspecified | +0.0% |
| 2022 | 0 Unspecified | -100.0% |
| 2023 | 0 Unspecified | — |
| 2024 | 0 Unspecified | — |
| 2025 | 0 Unspecified | — |
| 2026 | 0 Unspecified | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0 Unspecified | 0 Unspecified | 0 Unspecified | 1 |
| 2000s | 0.3 Unspecified | 0 Unspecified | 1 Unspecified | 10 |
| 2010s | 0.2 Unspecified | 0 Unspecified | 1 Unspecified | 10 |
| 2020s | 0.2857 Unspecified | 0 Unspecified | 1 Unspecified | 7 |
Countries ranked near Latvia
- 9 Canada 0 Unspecified compare
- 9 United States 0 Unspecified compare
- 9 Australia 0 Unspecified compare
- 9 France 0 Unspecified compare
- 9 Denmark 0 Unspecified compare
- 9 Italy 0 Unspecified compare
- 9 Sweden 0 Unspecified compare
- 9 Finland 0 Unspecified compare
- 9 Belgium 0 Unspecified compare
- 9 Germany 0 Unspecified compare
- 9 Portugal 0 Unspecified compare
- 9 Spain 0 Unspecified compare
- 9 Hungary 0 Unspecified compare
- 9 Austria 0 Unspecified compare
- 9 Greece 0 Unspecified compare
- 9 Estonia 0 Unspecified compare
- 9 Lithuania 0 Unspecified compare
- 9 Poland 0 Unspecified compare
- 9 Mexico 0 Unspecified compare
- 9 Iceland 0 Unspecified compare
- 9 Türkiye 0 Unspecified compare
More reference data data for Latvia
- Cooling and heating degree days by NUTS 2 regions - monthly data -2.4 % change on previous year (2025)
- Cooling and heating degree days by NUTS 2 regions - annual data 4.98 % change on previous year (2025)
- Exposure to extreme precipitation — Annual precipitation change 65.46 Millimetres per year (2023)
- Exposure to extreme temperature — Annual temperature change 1.43 Degrees celsius (2023)
- Cooling and heating degree days by NUTS 3 region - monthly data 505.67 (2025)
- Cooling and heating degree days by NUTS 3 region - annual data 3,617 (2025)
- IPAC Dashboard indicators — Geothermal 0 Index (2025)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 41.31 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 19.46 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 4.99 Percentage of GDP (2022)
Frequently asked questions
- What is sahm rule recession indicator — recession signal in Latvia?
- Sahm rule recession indicator — recession signal in Latvia was 0 Unspecified in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest sahm rule recession indicator — recession signal recorded in Latvia?
- The highest recorded value was 1 Unspecified in 2004.
- What is the lowest sahm rule recession indicator — recession signal recorded in Latvia?
- The lowest recorded value was 0 Unspecified in 1999.
- How does Latvia rank for sahm rule recession indicator — recession signal?
- Latvia ranks 9th out of 30 countries with data for 2026.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Sahm rule recession indicator — Recession signal. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
The Sahm rule is a simple recession indicator based on increases in the unemployment rate. Originally developed for the United States, it is triggered when the three-month average unemployment rate rises by at least 0.5 percentage points above its lowest level in the previous year. To assess its usefulness beyond the United States, the OECD has calculated the Sahm indicator for OECD countries using monthly unemployment rates from the OECD Labour Force Surveys and replaced the fixed U.S. threshold with country-specific thresholds. Under this approach, the indicator is triggered when the three-month average unemployment rate rises above its country-specific threshold relative to its lowest level in the previous year. For more information please refer to Can we predict recessions using only unemployment data? Applying the Sahm rule to OECD countries.