Minimum Wages in Lithuania remained unchanged at 607 EUR/Month in the third quarter of 2020.

Minimum Wages in Lithuania averaged 253.57 EUR/Month from 1999 until 2020, reaching an all time high of 607 EUR/Month in the first quarter of 2020 and a record low of 92.14 EUR/Month in the second 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 September of 2020.

Minimum Wages in Lithuania is expected to be 600.00 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 640.00 in 12 months time. In the long-term, the Lithuania Gross Minimum Monthly Wage is projected to trend around 640.00 EUR/Month in 2021, according to our econometric models.

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Lithuania Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
607.00 607.00 607.00 92.14 1999 - 2020 EUR/Month Quarterly

Lithuania Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.70 12.80 15.30 2.70 percent [+]
Employed Persons 1351.50 1386.40 1497.40 1221.90 Thousand [+]
Unemployed Persons 235.56 220.95 330.58 58.20 Thousand [+]
Labor Force Participation Rate 62.20 62.00 62.60 54.70 percent [+]
Long Term Unemployment Rate 2.40 2.10 10.80 0.80 percent [+]
Youth Unemployment Rate 23.10 21.80 36.20 7.60 percent [+]
Labour Costs 138.00 132.00 138.00 35.90 points [+]
Job Vacancies 17298.00 15011.00 26118.00 4157.00 [+]
Wages 1381.00 1381.00 1381.00 297.90 EUR/Month [+]
Wages in Manufacturing 1381.00 1381.00 1381.00 297.90 EUR/Month [+]
Minimum Wages 607.00 607.00 607.00 92.14 EUR/Month [+]
Population 2.79 2.81 3.71 2.76 Million [+]
Retirement Age Women 62.33 62.00 62.33 59.00 [+]
Retirement Age Men 63.67 63.50 63.67 62.50 [+]
Productivity 116.00 114.90 116.00 41.70 points [+]
Part Time Employment 78.70 85.00 169.90 78.70 Thousand [+]
Employment Change -2.70 1.60 3.70 -4.10 percent [+]
Employment Rate 71.40 73.00 73.20 56.30 percent [+]
Full Time Employment 1214.10 1239.20 1334.10 1096.00 Thousand [+]