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 October 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

Latvia Last Unit Reference Previous Highest Lowest
Unemployment Rate 7.90 percent Jun/21 8.10 21.30 5.30
Employed Persons 862.00 Thousand Jun/21 853.00 1404.00 830.00
Wages 930.00 EUR/Month Jun/21 905.00 932.00 113.00
Population 1.91 Million Dec/20 1.92 2.67 1.91
Labor Force Participation Rate 67.60 percent Jun/21 67.00 70.20 59.90
Employment Rate 61.60 percent Mar/21 63.80 65.60 50.80

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