Minimum Wages in Lithuania increased to 642 EUR/Month in the first quarter of 2021 from 607 EUR/Month in the third quarter of 2020. source: EUROSTAT

Minimum Wages in Lithuania averaged 262.20 EUR/Month from 1999 until 2021, reaching an all time high of 642 EUR/Month in the first quarter of 2021 and a record low of 92.14 EUR/Month in the first quarter of 1999. This page provides - Lithuania Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lithuania Gross Minimum Monthly Wage - values, historical data and charts - was last updated on March of 2021.

Minimum Wages in Lithuania is expected to be 642.00 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 Lithuania to stand at 642.00 in 12 months time. In the long-term, the Lithuania Gross Minimum Monthly Wage is projected to trend around 690.00 EUR/Month in 2022 and 740.00 EUR/Month in 2023, according to our econometric models.

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Lithuania Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
642.00 607.00 642.00 92.14 1999 - 2021 EUR/Month Quarterly

Lithuania Labour Last Previous Highest Lowest Unit
Unemployment Rate 16.40 16.10 16.40 2.70 percent [+]
Employed Persons 1352.40 1342.30 1497.40 1221.90 Thousand [+]
Unemployed Persons 282.01 277.12 330.58 58.20 Thousand [+]
Labor Force Participation Rate 62.40 62.40 63.00 54.70 percent [+]
Long Term Unemployment Rate 2.60 2.40 10.80 0.80 percent [+]
Youth Unemployment Rate 26.90 28.40 36.20 7.60 percent [+]
Labour Costs 140.40 138.00 140.40 35.90 points [+]
Job Vacancies 15648.00 18396.00 26118.00 4157.00 [+]
Wages 1524.20 1454.80 1524.20 297.90 EUR/Month [+]
Wages in Manufacturing 1524.20 1454.80 1524.20 297.90 EUR/Month [+]
Minimum Wages 642.00 607.00 642.00 92.14 EUR/Month [+]
Population 2.79 2.81 3.71 2.76 Million [+]
Retirement Age Women 63.00 62.67 63.00 59.00 [+]
Retirement Age Men 64.00 63.83 64.00 62.50 [+]
Productivity 116.60 116.00 116.60 41.70 points [+]
Part Time Employment 75.40 78.70 169.90 75.40 Thousand [+]
Employment Change -1.90 -2.00 3.90 -3.40 percent [+]
Employment Rate 70.70 71.40 73.20 56.30 percent [+]
Full Time Employment 1204.80 1214.10 1334.10 1096.00 Thousand [+]