Wages in Latvia increased to 806 EUR/Month in June from 797 EUR/Month in May of 2019. Wages in Latvia averaged 390.98 EUR/Month from 1997 until 2019, reaching an all time high of 806 EUR/Month in June of 2019 and a record low of 113 EUR/Month in January of 1997.

Wages in Latvia is expected to be 739.28 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 6.40 6.90 21.30 5.30 percent [+]
Employed Persons 905.60 903.60 1404.00 830.00 Thousand [+]
Unemployed Persons 54390.00 55373.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 3.00 3.00 10.10 1.20 percent [+]
Youth Unemployment Rate 13.30 14.90 40.90 7.60 percent [+]
Labour Costs 118.99 119.34 169.58 43.69 Index Points [+]
Job Vacancies 27763.00 21048.00 27763.00 1643.00 [+]
Wages 806.00 797.00 806.00 113.00 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 69.00 69.20 70.20 59.90 percent [+]
Part Time Employment 70.00 67.00 116.00 48.80 Thousand [+]
Productivity 134.40 117.70 136.70 44.30 Index Points [+]
Employment Change 0.40 -0.60 3.50 -6.70 percent [+]
Employment Rate 64.70 64.40 65.30 50.80 percent [+]
Full Time Employment 792.80 802.50 984.30 720.30 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
806.00 797.00 806.00 113.00 1997 - 2019 EUR/Month Monthly
Current Prices, NSA




Country Last Previous
Argentina 42208.00 May/19
Australia 1237.90 Jun/19
Brazil 2286.00 Jul/19
Canada 25.74 Jun/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
India 272.19 Dec/14
Italy 2467.00 Dec/18
Japan 427395.00 Jul/19
Mexico 380.72 Jul/19
Russia 45900.00 Jul/19
Singapore 5225.00 Jun/19
South Africa 20855.00 Mar/19
South Korea 3585588.00 Jun/19
Spain 1876.19 Mar/19
Switzerland 6291.00 Dec/18
United Kingdom 542.00 Jul/19
United States 23.59 Aug/19


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