Latvia Wages: Minimum and Average
Latvia Wages Data
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 500 EUR/Month | 512.138 USD/Month | 1Q/22 |
| Wages | 1011 EUR/Month | 1035.542 USD/Month | Mar/22 |
Latest data on Minimum Wages (EUR/Month)
What is minimum wage in Latvia?
- Minimum Wages in Latvia remained unchanged at 500 EUR/Month (512.138 USD/Month) in the first quarter of 2022. 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/22 | 29.01.2022 |
| 500 | 3Q/21 | 24.07.2021 |
| 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 |
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)
What is average wage in Latvia?
- Average Wages in Latvia increased to 1011 EUR/Month (1035.542 USD/Month) in March 2022. The maximum rate of average wage for employees was 932 EUR/Month and minimum was 113 EUR/Month.
- Data published Monthly by Central Statistical Bureau.
Historical Data (EUR/Month) by years
Data
Period
Date
| 1011 | Mar/22 | 04.06.2022 |
| 1050 | Dec/21 | 05.03.2022 |
| 928 | Sep/21 | 18.01.2022 |
| 930 | Jun/21 | 04.09.2021 |
| 932 | Mar/21 | 05.06.2021 |
| 915 | Dec/20 | 06.03.2021 |
| 832 | Sep/20 | 05.12.2020 |
| 836 | Jun/20 | 05.09.2020 |
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 | 1Q/22 | 7.3 % | 7.1 |
| Job Vacancies | 1Q/22 | 27.759 K | 26.648 |
| Labor Force Participation Rate | 4Q/21 | 67.6 % | 68.5 |
Wages in other countries
| Country | Updated | Actual | Previous |
| Austria | 2020 | 2993.957 USD/Month | 2916.112 |
| Ireland | 1Q/22 | 3605.449 USD/Month | 3543.993 |
| Luxembourg | 2020 | 5598.689 USD/Month | 5624.296 |
| Spain | 1Q/22 | 2055.721 USD/Month | 2218.58 |
| Iceland | 2020 | 5405.325 USD/Month | 5139.126 |
| Norway | 1Q/22 | 5195.659 USD/Month | 5015.434 |
| Belarus | May/22 | 622.231 USD/Month | 620.253 |
| Belgium | 2016 | 3849.76 USD/Month | 3801.21 |
| Bulgaria | Mar/22 | 874.672 USD/Month | 810.173 |
| Croatia | Apr/22 | 1027.572 USD/Month | 1035.741 |
| Cyprus | 4Q/21 | 2397.829 USD/Month | 1994.264 |
| Czech Republic | 1Q/22 | 1568.857 USD/Month | 1660.104 |
| Denmark | 2020 | 6012.113 USD/Month | 5876.218 |
| Estonia | 1Q/22 | 1631.671 USD/Month | 1664.447 |
| Euro Area | 3Q/21 | 2010.652 USD/Month | 1946.123 |
| Finland | 3Q/21 | 3781.625 USD/Month | 3766.26 |
| France | 2019 | 3260.268 USD/Month | 3213.152 |
| Germany | 4Q/21 | 4269.18 USD/Month | 4230.257 |
| Hungary | Apr/22 | 1241.342 USD/Month | 1250.459 |
| Italy | 2020 | 2389.634 USD/Month | 2562.737 |
| Latvia | Mar/22 | 1035.542 USD/Month | 929.018 |
| Lithuania | 1Q/22 | 1771.996 USD/Month | 1719.758 |
| Macedonia | Apr/22 | 786.893 USD/Month | 775.831 |
| Malta | 1Q/22 | 145.618 USD/Month | 130.68 |
| Moldova | 1Q/22 | 499.277 USD/Month | 510.086 |
| Montenegro | May/22 | 897.265 USD/Month | 894.192 |
| Poland | 1Q/22 | 1349.304 USD/Month | 1297.366 |
| Portugal | 2019 | 1216.839 USD/Month | 1199.426 |
| Romania | Apr/22 | 1334.756 USD/Month | 1326.055 |
| Russia | Apr/22 | 1094.191 USD/Month | 1173.054 |
| Serbia | Apr/22 | 636.85 USD/Month | 651.26 |
| Slovakia | Apr/22 | 1365.359 USD/Month | 1374.577 |
| Slovenia | Apr/22 | 2050.599 USD/Month | 2056.745 |
| Sweden | Apr/22 | 2817.813 USD/Month | 2787.35 |
| Switzerland | 2020 | 6567.442 USD/Month | 6515.762 |
| Ukraine | Jan/22 | 498.274 USD/Month | 596.582 |
| United Kingdom | Aug/19 | 2798.54 USD/Month | |
| Albania | 1Q/22 | 513.357 USD/Month | 516.156 |
| Bosnia and Herzegovina | Apr/22 | 873.137 USD/Month | 881.563 |
| Kosovo | Dec/18 | 558.79 USD/Month | 559.9 |
