Wages in Latvia decreased to 728 EUR/Month in September from 751 EUR/Month in August of 2018. Wages in Latvia averaged 377.60 EUR/Month from 1997 until 2018, reaching an all time high of 756 EUR/Month in June of 2018 and a record low of 113 EUR/Month in January of 1997.

Wages in Latvia is expected to be 790.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Latvia to stand at 739.21 in 12 months time. In the long-term, the Latvia Average Monthly Net Wages is projected to trend around 880.00 EUR/Month in 2020, according to our econometric models.

Latvia Average Monthly Net Wages
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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 10.50 10.30 40.70 7.70 percent [+]
Labour Costs 113.71 112.32 169.58 43.69 Index Points [+]
Job Vacancies 22257.00 24078.00 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 64.30 59.60 116.00 48.80 Thousand [+]
Productivity 133.50 128.10 133.50 44.30 Index Points [+]
Employment Change 0.70 -0.30 3.50 -6.70 percent [+]
Employment Rate 65.30 64.40 65.30 50.80 percent [+]
Full Time Employment 818.60 813.80 984.30 720.30 Thousand [+]


Latvia Average Monthly Net Wages

In Latvia, wages are benchmarked using average monthly earnings. This page provides - Latvia Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Average Monthly Net Wages - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
728.00 751.00 756.00 113.00 1997 - 2018 EUR/Month Monthly
Current Prices, NSA




Country Last Previous
Argentina 31437.00 Aug/18
Australia 1207.40 Jun/18
Brazil 2238.00 Nov/18
Canada 25.38 Oct/18
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3875.00 Jun/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 321210.00 Nov/18
Mexico 352.70 Nov/18
Russia 42750.00 Nov/18
Singapore 4962.00 Sep/18
South Africa 20860.00 Sep/18
South Korea 3737254.00 Sep/18
Spain 1842.62 Sep/18
Switzerland 6260.00 Dec/17
Turkey 2207.00 Dec/14
United Kingdom 528.00 Oct/18
United States 23.05 Dec/18


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