24Peaks / Europe / Latvia / Labor Productivity or Total Factor Productivity

Latvia - Labor Productivity or Total Factor Productivity 80,906

World Bank WDI · updated 2026-10-15 · 177 economies tracked

Latest value

80,906 (2025)

Global rank

##50 of 177 economies

Share of global total

0.8%

Growth since 1991

2.44×

Ranking Race — Labor Productivity or Total Factor Productivity

1 = global #1 · higher value ranks higher

#1#19#37#55#73#9119911996200120062011201620212025#69#502018 overtook Hungary2023 overtook Russia
LatviaLuxembourgIrelandGuyanaSingapore

Real annual global ranks, 1991 - 2025. Latvia climbed from #69 to #50 (overtook Hungary). Gaps in a lane = missing data that year.

Key events for Latvia ↓

Key Events — Latvia

Auto-detected from rank data + curated milestones

1992
Fell 21 places in global rank auto
2018
Overtook Hungary in global rank auto
2023
Overtook Russia in global rank auto

Labor Productivity or Total Factor Productivity, 1991-2025

World Bank WDI · constant 2021 PPP $ · linear scale · ranking in the race above
1991200120112021202523,42342,58461,74580,906

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