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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)

Minimum Wages
                     Latvia - Historical Data (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)

Wages
                     Latvia - Historical Data (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