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Latvia Wages: Minimum and Average

Latvia Wages Data

Indicator Data Period
Minimum Wages 500 EUR/Month | 567.988 USD/Month 3Q/21
Wages 928 EUR/Month | 1054.186 USD/Month Sep/21


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 (590.989 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 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
380 4Q/17 19.01.2018


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 932 EUR/Month (1101.603 USD/Month) in March 2021. 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
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
822 Mar/20 30.05.2020
846 Dec/19 14.03.2020
783 Sep/19 07.12.2019


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 1Q/21 8.1 % 7.9
Job Vacancies 1Q/21 21.326 K 17.079
Labor Force Participation Rate 1Q/21 67 % 69.3

Wages in other countries

Country Updated Actual Previous
Austria 2019 3365.089 USD/Month 3271.713
Ireland 1Q/21 4103.825 USD/Month 3995.083
Luxembourg 2019 6485.509 USD/Month 6416.954
Spain 1Q/21 2255.213 USD/Month 2436.055
Iceland 2019 5599.567 USD/Month 5430.372
Norway 1Q/21 5729.35 USD/Month 5595.069
Belarus May/21 558.483 USD/Month 549.831
Belgium 2016 3849.76 USD/Month 3801.21
Bulgaria Mar/21 906.509 USD/Month 864.809
Croatia Apr/21 1118.229 USD/Month 1127.071
Cyprus 4Q/20 2679.542 USD/Month 2262.304
Czech Republic 1Q/21 1626.412 USD/Month 1775.755
Denmark 2019 6770.694 USD/Month 6634.619
Estonia 1Q/21 1741.052 USD/Month 1790.695
Euro Area 4Q/20 2246.939 USD/Month 2217.389
Finland 4Q/20 4278.758 USD/Month 4261.028
France 2018 3707.863 USD/Month 3645.218
Germany 1Q/21 4739.729 USD/Month 4766.914
Hungary Apr/21 1426.809 USD/Month 1413.68
Italy 2020 2757.553 USD/Month 2957.307
Latvia Mar/21 1101.603 USD/Month 1028.32
Lithuania 1Q/21 1793.059 USD/Month 1801.333
Macedonia Apr/21 816.572 USD/Month 809.953
Malta 4Q/20 153.165 USD/Month 151.293
Moldova 1Q/21 469.288 USD/Month 490.954
Montenegro May/21 936.126 USD/Month 933.762
Poland 1Q/21 1487.497 USD/Month 1428.594
Portugal 2019 1404.189 USD/Month 1384.095
Romania May/21 1366.52 USD/Month 1392.675
Russia Apr/21 766.09 USD/Month 747.065
Serbia Apr/21 654.923 USD/Month 658.362
Slovakia May/21 1637.038 USD/Month 1492.837
Slovenia Apr/21 2358.045 USD/Month 2375.774
Sweden Apr/21 3405.099 USD/Month 3386.491
Switzerland 2020 6870.898 USD/Month 6816.83
Ukraine May/21 494.197 USD/Month 495.808
United Kingdom Aug/19 2798.54 USD/Month
Albania 1Q/21 541.912 USD/Month 531.58
Bosnia and Herzegovina Apr/21 925.903 USD/Month 931.967
Kosovo Dec/18 558.79 USD/Month 559.9