Wages in Latvia increased to 791 EUR/Month in March from 748 EUR/Month in February of 2019. Wages in Latvia averaged 386.38 EUR/Month from 1997 until 2019, 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 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 6.90 6.90 21.30 5.30 percent [+]
Employed Persons 904.00 909.80 1404.00 830.00 Thousand [+]
Unemployed Persons 55750.00 56105.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 3.00 3.00 10.10 1.20 percent [+]
Youth Unemployment Rate 10.70 11.50 40.80 7.50 percent [+]
Labour Costs 119.34 114.48 169.58 43.69 Index Points [+]
Job Vacancies 27763.00 21048.00 27763.00 1643.00 [+]
Wages 791.00 748.00 794.00 113.00 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 70.00 67.00 116.00 48.80 Thousand [+]
Productivity 117.70 136.70 136.70 44.30 Index Points [+]
Employment Change 0.40 -0.60 3.50 -6.70 percent [+]
Employment Rate 64.40 64.70 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
791.00 748.00 794.00 113.00 1997 - 2019 EUR/Month Monthly
Current Prices, NSA




Country Last Previous
Argentina 40911.00 Apr/19
Australia 1225.30 Dec/18
Brazil 2289.00 May/19
Canada 25.75 Apr/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 313061.00 May/19
Mexico 377.49 May/19
Russia 49840.00 Jun/19
Singapore 6005.00 Mar/19
South Africa 20855.00 Mar/19
South Korea 4021244.00 Mar/19
Spain 1876.19 Mar/19
Switzerland 6291.00 Dec/18
United Kingdom 536.00 May/19
United States 23.43 Jun/19


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