Economy
Source: OECD; BIS (property prices, credit to GDP); some series via DBnomics. · updated 2024-12-31
Latvia's minimum wage (% of median) stands at 45.71% as of 2024-12-31, up from 44.85% in 2023. Historical data runs from 1997 to 2024 (28 observations).
In 2024, Latvia's minimum wage (% of median) was 45.71%, up from 44.85% in 2023.
In 2023, Latvia's minimum wage (% of median) was 44.85%, up from 40.98% in 2022.
In 2022, Latvia's minimum wage (% of median) was 40.98%, down from 43.99% in 2021.
In 2021, Latvia's minimum wage (% of median) was 43.99%, up from 41.76% in 2020.
In 2020, Latvia's minimum wage (% of median) was 41.76%, down from 43.88% in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 45.71% | +0.8614% |
| 2023 | 44.85% | +3.86% |
| 2022 | 40.98% | -3.01% |
| 2021 | 43.99% | +2.23% |
| 2020 | 41.76% | -2.11% |
| 2019 | 43.88% | -2.86% |
| 2018 | 46.74% | -1.57% |
| 2017 | 48.31% | -2.41% |
| 2016 | 50.72% | -1.1% |
| 2015 | 51.83% | +2.6% |
| 2014 | 49.23% | +2.55% |
| 2013 | 46.68% | -2.16% |
| 2012 | 48.84% | -1.81% |
| 2011 | 50.65% | +1.69% |
| 2010 | 48.97% | +1.59% |
| 2009 | 47.37% | +6.92% |
| 2008 | 40.45% | +3.82% |
| 2007 | 36.63% | +1.03% |
| 2006 | 35.6% | -3.41% |
| 2005 | 39.01% | -6.27% |
| 2004 | 45.28% | +1.9% |
| 2003 | 43.38% | +6.16% |
| 2002 | 37.22% | +0.246% |
| 2001 | 36.98% | +1.15% |
| 2000 | 35.82% | -2.14% |
| 1999 | 37.96% | +4.23% |
| 1998 | 33.73% | -0.1785% |
| 1997 | 33.91% | — |
Source: OECD; BIS (property prices, credit to GDP); some series via DBnomics. · Download this series as CSV — free, attribution required (CC BY 4.0).
Latvia's minimum wage (% of median) is 45.71% as of 2024-12-31, compared with 44.85% in 2023. Source: OECD; BIS (property prices, credit to GDP); some series via DBnomics.
The highest recorded value is 51.83% (2015); the lowest is 33.73% (1998), across data from 1997 to 2024.
Source: OECD; BIS (property prices, credit to GDP); some series via DBnomics. Figures are republished with attribution and updated as the source releases new observations.