Lithuania Gross Minimum Monthly Wage - Forecast

Minimum Wages in Lithuania is expected to be 400.00 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 430.00 in 12 months time. In the long-term, the Lithuania Gross Minimum Monthly Wage is projected to trend around 450.00 EUR/Month in 2020, according to our econometric models.


Lithuania Gross Minimum Monthly Wage
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Lithuania Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 9.1 7.3 7.1 8.2 8.2 7.2
Employed Persons 1352 1358 1358 1358 1358 1358
Unemployed Persons 161 140 135 143 146 143
Labor Force Participation Rate 60.6 60.65 60.66 60.65 60.65 60.65
Long Term Unemployment Rate 2.6 2.6 2.6 2.6 2.6 2.6
Youth Unemployment Rate 13.6 14.03 14.16 14.3 14.43 15.69
Labour Costs 140 137 137 137 137 137
Job Vacancies 19319 19453 20421 19558 20326 19864
Wages 885 900 910 930 940 1050
Wages in Manufacturing 885 895 910 915 960 990
Minimum Wages 400 400 400 400 430 450
Population 2.85 2.81 2.81 2.81 2.85 2.75
Retirement Age Women 62.33 62.33 62.33 62.33 62.67 63
Retirement Age Men 63.67 63.67 63.67 63.67 63.83 64
Productivity 123 123 123 123 123 123
Part Time Employment 90.7 93.13 94.41 93.76 94.09 93.98
Full Time Employment 1214 1215 1217 1215 1217 1216
Employment Change -0.1 -0.11 -0.13 -0.11 -0.13 -0.12
Employment Rate 71 70.75 70.75 70.75 70.75 70.75