Wages in Latvia increased to 794 EUR/Month in December from 759 EUR/Month in November of 2018. Wages in Latvia averaged 382.04 EUR/Month from 1997 until 2018, reaching an all time high of 794 EUR/Month in December of 2018 and a record low of 113 EUR/Month in January of 1997.

Wages in Latvia is expected to be 770.00 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 840.00 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 6.90 7.00 21.30 5.30 percent [+]
Employed Persons 909.80 920.10 1404.00 830.00 Thousand [+]
Unemployed Persons 61951.00 59588.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 3.00 3.20 10.10 1.20 percent [+]
Youth Unemployment Rate 13.50 10.80 40.70 7.70 percent [+]
Labour Costs 114.48 113.71 169.58 43.69 Index Points [+]
Job Vacancies 22257.00 24078.00 24078.00 1643.00 [+]
Wages 794.00 759.00 794.00 113.00 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 136.70 133.50 136.70 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
794.00 759.00 794.00 113.00 1997 - 2018 EUR/Month Monthly
Current Prices, NSA




Country Last Previous
Argentina 35063.00 Nov/18
Australia 1225.30 Dec/18
Brazil 2270.00 Jan/19
Canada 25.70 Dec/18
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3899.00 Sep/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 312860.00 Jan/19
Mexico 372.23 Jan/19
Russia 43030.00 Feb/19
Singapore 5752.00 Dec/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 530.00 Jan/19
United States 23.18 Feb/19


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