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 480.00 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 590.00 EUR/Month in 2020, according to our econometric models.