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Latvia Wages: Minimum and Average

Latvia Wages Data

Indicator Data Period
Minimum Wages 500 EUR/Month | 608.184 USD/Month 1Q/21
Wages 915 EUR/Month | 1112.976 USD/Month Dec/20


Latest data on Minimum Wages (EUR/Month)

Minimum Wages
                     Latvia - Historical Data (EUR/Month)

What is minimum wage in Latvia?

  • Minimum Wages in Latvia increased to 500 EUR/Month (608.184 USD/Month) in the first quarter of 2021. The maximum rate of minimum wage for employees was 500 EUR/Month and minimum was 75.18 EUR/Month.
  • Data published Quarterly by Eurostat.

Historical Data (EUR/Month) by years

Data
Period
Date
500 1Q/21 05.02.2021
430 3Q/20 25.08.2020
430 4Q/19 20.01.2020
430 2Q/19 03.04.2019
430 4Q/18 22.08.2018
430 2Q/18 07.02.2018
380 4Q/17 19.01.2018
380 2Q/17 11.08.2017


Historical Chart by presidents (EUR/Month)

Minimum Wages in Latvia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Raimonds Vējonis 08.07.2015 - 380.0000 430.0000 430.0000 380.0000 13.16%


Latest data on Wages (EUR/Month)

Wages
                     Latvia - Historical Data (EUR/Month)

What is average wage in Latvia?

  • Average Wages in Latvia increased to 915 EUR/Month (1112.976 USD/Month) in December 2020. The maximum rate of average wage for employees was 915 EUR/Month and minimum was 113 EUR/Month.
  • Data published Monthly by Central Statistical Bureau.

Historical Data (EUR/Month) by years

Data
Period
Date
915 Dec/20 06.03.2021
832 Sep/20 05.12.2020
836 Jun/20 05.09.2020
822 Mar/20 30.05.2020
846 Dec/19 14.03.2020
783 Sep/19 07.12.2019
806 Jun/19 29.10.2019
791 Mar/19 01.06.2019


Historical Chart by presidents (EUR/Month)

Wages in Latvia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Raimonds Vējonis 08.07.2015 - 675.0000 733.0000 738.0000 669.0000 8.59%

Other labor indicators in Latvia

Index Updated Actual Previous
Retirement Age Men 2020 63.75 63.5
Unemployment Rate 4Q/20 7.9 % 8.4
Job Vacancies 4Q/20 17.079 K 20.54
Labor Force Participation Rate 3Q/20 70.1 % 70.1

Wages in other countries

Country Updated Actual Previous
Austria 2019 3462.998 USD/Month 3366.905
Ireland 4Q/20 4111.322 USD/Month 3882.645
Luxembourg 2019 6674.208 USD/Month 6603.659
Spain 4Q/20 2506.933 USD/Month 2261.227
Iceland 2019 5609.354 USD/Month 5439.863
Norway 4Q/20 5841.274 USD/Month 5718.287
Belarus Mar/21 546.265 USD/Month 503.668
Belgium 2016 3849.76 USD/Month 3801.21
Bulgaria Dec/20 912.969 USD/Month 871.923
Croatia Feb/21 1135.934 USD/Month 1126.412
Cyprus 4Q/20 2757.505 USD/Month 2328.127
Czech Republic 4Q/20 1828.35 USD/Month 1680.136
Denmark 2019 6967.287 USD/Month 6827.261
Estonia 4Q/20 1842.797 USD/Month 1752.785
Euro Area 3Q/20 2281.905 USD/Month 2117.696
Finland 4Q/20 4403.25 USD/Month 4385.005
France 2017 3751.277 USD/Month 3677.079
Germany 4Q/20 4905.61 USD/Month 4838.71
Hungary Feb/21 1363.819 USD/Month 1394.69
Italy 2019 3043.351 USD/Month 3004.428
Latvia Dec/20 1112.976 USD/Month 1039.994
Lithuania 4Q/20 1853.744 USD/Month 1769.815
Macedonia Feb/21 815.974 USD/Month 825.756
Malta 4Q/20 157.621 USD/Month 155.695
Moldova 4Q/20 500.653 USD/Month 456.238
Montenegro Mar/21 954.848 USD/Month 960.93
Poland 4Q/20 1457.953 USD/Month 1381.007
Portugal 2019 1445.045 USD/Month 1424.366
Romania Feb/21 1356.751 USD/Month 1369.586
Russia Feb/21 689.268 USD/Month 666.22
Serbia Feb/21 638.321 USD/Month 646.818
Slovakia Feb/21 1381.793 USD/Month 1431.664
Slovenia Feb/21 2367.051 USD/Month 2404.758
Sweden Feb/21 3544.375 USD/Month 3544.375
Switzerland 2019 7001.099 USD/Month 6938.907
Ukraine Mar/21 490.258 USD/Month 451.972
United Kingdom Aug/19 2798.54 USD/Month
Albania 4Q/20 536.15 USD/Month 515.31
Bosnia and Herzegovina Feb/21 918.449 USD/Month 927.079
Kosovo Dec/18 558.79 USD/Month 559.9