Wages in Latvia increased to 930 EUR/Month in June from 905 EUR/Month in May of 2021. source: Central Statistical Bureau of Latvia

Wages in Latvia averaged 428.02 EUR/Month from 1997 until 2021, reaching an all time high of 932 EUR/Month in March of 2021 and a record low of 113 EUR/Month in January of 1997. This page provides - Latvia Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Average Monthly Net Wages - values, historical data and charts - was last updated on September of 2021.

Wages in Latvia is expected to be 880.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Average Monthly Net Wages is projected to trend around 880.00 EUR/Month in 2022, according to our econometric models.

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Latvia Average Monthly Net Wages

Actual Previous Highest Lowest Dates Unit Frequency
930.00 905.00 932.00 113.00 1997 - 2021 EUR/Month Monthly
Current Prices, NSA

Latvia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.90 8.10 21.30 5.30 percent [+]
Employed Persons 862.00 853.00 1404.00 830.00 Thousand [+]
Unemployed Persons 59040.00 64392.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 2.40 2.10 10.10 1.20 percent [+]
Youth Unemployment Rate 13.70 15.10 41.00 7.60 percent [+]
Labour Costs 131.00 132.50 132.50 34.64 points [+]
Job Vacancies 25060.00 21326.00 29704.00 1643.00 [+]
Wages 930.00 905.00 932.00 113.00 EUR/Month [+]
Minimum Wages 500.00 500.00 500.00 75.18 EUR/Month [+]
Population 1.91 1.92 2.67 1.91 Million [+]
Retirement Age Women 63.75 63.50 63.75 59.50 [+]
Retirement Age Men 63.75 63.50 63.75 62.00 [+]
Labor Force Participation Rate 67.60 67.00 70.20 59.90 percent [+]
Productivity 117.90 122.90 122.90 40.90 points [+]
Part Time Employment 59.70 71.60 116.00 48.80 Thousand [+]
Employment Change -3.90 -0.50 3.40 -6.70 percent [+]
Employment Rate 61.60 63.80 65.60 50.80 percent [+]
Full Time Employment 757.80 740.50 984.30 720.30 Thousand [+]


Latvia Average Monthly Net Wages
In Latvia, wages are benchmarked using average monthly earnings.