Minimum wages in Latvia were 430 EUR/Month in 2018. Minimum Wages in Latvia averaged 223.31 EUR/Month from 1999 until 2018, reaching an all time high of 430 EUR/Month in the second quarter of 2018 and a record low of 75.18 EUR/Month in the second quarter of 1999.

Minimum Wages in Latvia is expected to be 430.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Latvia to stand at 480.00 in 12 months time. In the long-term, the Latvia Gross Minimum Monthly Wage is projected to trend around 540.00 EUR/Month in 2020, according to our econometric models.

Latvia Gross Minimum Monthly Wage
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Latvia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.00 7.70 21.30 5.30 percent [+]
Employed Persons 920.00 909.60 1404.00 830.00 Thousand [+]
Unemployed Persons 56726.00 56734.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 3.20 3.20 10.10 1.20 percent [+]
Youth Unemployment Rate 10.30 8.60 40.70 7.80 percent [+]
Labour Costs 113.71 112.32 169.58 43.69 Index Points [+]
Job Vacancies 24078.00 20886.00 24078.00 1643.00 [+]
Wages 728.00 751.00 756.00 113.00 EUR/Month [+]
Minimum Wages 430.00 430.00 430.00 75.18 EUR/Month [+]
Population 1.93 1.95 2.67 1.93 Million [+]
Retirement Age Women 63.25 63.00 63.25 59.50 [+]
Retirement Age Men 63.25 63.00 63.25 62.00 [+]
Labor Force Participation Rate 70.20 69.70 70.20 59.90 percent [+]
Part Time Employment 59.60 62.00 116.00 48.80 Thousand [+]
Productivity 133.50 128.10 133.50 44.30 Index Points [+]
Employment Change -0.30 0.90 3.50 -6.70 percent [+]
Employment Rate 65.30 64.40 65.30 50.80 percent [+]
Full Time Employment 813.80 799.70 984.30 720.30 Thousand [+]


Latvia Gross Minimum Monthly Wage

This page provides - Latvia Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Gross Minimum Monthly Wage - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
430.00 430.00 430.00 75.18 1999 - 2018 EUR/Month Quarterly




Country Last Previous
Argentina 11300.00 Dec/18
Australia 719.20 Jul/18
Brazil 954.00 Dec/18
Canada 14.00 Dec/18
China 2420.00 Apr/18
France 1498.47 Dec/18
Germany 8.84 Jan/18
Indonesia 3.60 Jan/18
Japan 848.00 Dec/18
Mexico 88.36 Oct/18
Netherlands 1594.20 Dec/18
Russia 11163.00 May/18
South Korea 7530.00 Dec/18
Spain 858.55 Dec/18
Turkey 2029.50 Dec/18
United Kingdom 7.83 Apr/18
United States 7.25 Dec/18


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