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Best Recruitment Agencies in Latvia
Find top recruitment and staffing agencies in Latvia. Whether you're looking for specialized talent or general hiring support, explore experienced recruitment firms that understand the local market and can help you build the perfect team.
Agency | Specialization | Country | Employees |
|---|---|---|---|
Networking Hardware +52 more | |||
Recruitment +4 more | |||
Recruitment +1 more | |||
Recruitment +3 more | |||
Recruitment +1 more | |||
Recruitment +2 more | |||
Recruitment +1 more | |||
Identity and Access Management +58 more | |||
Recruitment +10 more | |||
Business Consulting +1 more | |||
Recruitment +3 more |
Latvia's
Economic indicators
96
World ranked
Latvia ranks 96 in the world by current economic output
$43.6bn
Nominal GDP (US$)
GDP reflects the overall size and economic strength of the country's economy.
58
EMEA ranked
Latvia is ranked 58 in EMEA by economic output in the region
GDP growth (%)
GDP growth explained
The chart compares how GDP has grown for Latvia, its region, and the world over the last seven years. Positive growth indicates an expanding economy; negative growth may signal contraction and affect hiring activity.
2%
Current rate
▼ 7.1% reduction
Inflation represents the rate at which prices rise and purchasing power diminishes. High inflation may prompt employees to seek higher wages, potentially impacting company profitability and hiring strategies.
Latvia's inflation rate
112 days
Maternity leave
Maternity: 112 days leave at 80% pay by SSA; 56 pre- & post-birth. Extendable via parental leave. Paternity: 10 days leave at 80% pay by SSA, within 6 months of birth. Parental: Choice of 13 months at 60% pay or 19 months at 43.75% pay, with non-transferable periods for both parents until child is 8.
52 weeks
Sick leave
In Latvia, sick leave is allowed for an unlimited number of days, capped at 52 weeks. Employees can be terminated after 6 months or a cumulative total of one year within three years. The first sick day is unpaid, days 2-3 are covered by employers at 75%, days 4-9 at 80%, and from day 10 to 26 weeks (extendable to 52 weeks) at 80% by the State Agency.
Cost of living
Cost of living index explained
The cost of living has a direct impact on salary expectations and the competitiveness of compensation packages. It can influence the appeal of certain locations for both employers and candidates.
Latvia's
Labor market
Latvia vs world population age distribution
1.9m
Population
Latvia has a population of about 1.9m. The chart compares its age distribution with the world average—useful context for workforce size and long-term hiring demand.
13 days
Minimum annual holidays
Minimum annual holidays reflect mandated leave. Hiring in countries with high allowances (over 25 days) may require emphasizing work-life balance when recruiting.
33 hrs
Average working full time week
Overtime payment is required for hours beyond standard work hours, capped at 8 hours/week, 48/month, and 200/year, with a minimum 100% wage rate supplement. Standard hours are 8/day, 40/week, Monday to Friday.
6.5%
Current percentage
▼ 0.3% reduction
Latvia has an unhealthy unemployment rate, suggesting there may be some economic or structural challenges . Between 2022 and 2023, there was a small decrease in unemployment, suggesting continued economic stability with a slight improvement in job availability
Unemployment rate
Latvia's
Top performing companies and industries
Top industries
- processed foods
- processed wood products
- electronics
Ratio of males to females (by age)
68 / 56
Male
In Latvia there is a medium gap in participation rates between males and females, indicating moderate inequality with some progress towards gender parity.
Latvia's
Religion and ethnicity
Religion
In religiously diverse countries, a broad sourcing and engagement approach whilst appealing to inclusive practices resonates with this candidate market. In homogeneous environments, understanding dominant cultural norms is often more important when engaging with talent.
Ethnicity
In ethnically diverse countries, there may be a greater variety of candidates with different cultural backgrounds. Employers may need to focus more on inclusive hiring practices to attract talent from across different ethnic groups.