Economy
Source: OECD (via DBnomics). · updated 2024-12-31
Latvia's minimum wages stands at 15,415 as of 2024-12-31, up from 13,827 in 2023. Historical data runs from 1992 to 2024 (33 observations).
In 2024, Latvia's minimum wages was 15,415, up from 13,827 in 2023.
In 2023, Latvia's minimum wages was 13,827, up from 12,147 in 2022.
In 2022, Latvia's minimum wages was 12,147, down from 14,250 in 2021.
In 2021, Latvia's minimum wages was 14,250, up from 12,656 in 2020.
In 2020, Latvia's minimum wages was 12,656, down from 12,684 in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 15,415 | +1,589 |
| 2023 | 13,827 | +1,679 |
| 2022 | 12,147 | -2,103 |
| 2021 | 14,250 | +1,594 |
| 2020 | 12,656 | -27.73 |
| 2019 | 12,684 | -356.6 |
| 2018 | 13,041 | +1,224 |
| 2017 | 11,816 | -26.19 |
| 2016 | 11,842 | +303.87 |
| 2015 | 11,539 | +1,264 |
| 2014 | 10,274 | +1,099 |
| 2013 | 9,175 | +2.7 |
| 2012 | 9,172 | -207.09 |
| 2011 | 9,380 | +568.99 |
| 2010 | 8,811 | +95.56 |
| 2009 | 8,715 | +694.55 |
| 2008 | 8,020 | +1,079 |
| 2007 | 6,942 | +1,210 |
| 2006 | 5,732 | +303.85 |
| 2005 | 5,428 | -366.3 |
| 2004 | 5,794 | +410.33 |
| 2003 | 5,384 | +633.34 |
| 2002 | 4,751 | +311.45 |
| 2001 | 4,439 | +303.19 |
| 2000 | 4,136 | -109.78 |
| 1999 | 4,246 | +594.98 |
| 1998 | 3,651 | +194.29 |
| 1997 | 3,456 | -45.37 |
| 1996 | 3,502 | +253.42 |
| 1995 | 3,248 | +58.62 |
| 1994 | 3,190 | +726.32 |
| 1993 | 2,463 | +9.4 |
| 1992 | 2,454 | — |
Source: OECD (via DBnomics). · Download this series as CSV — free, attribution required (CC BY 4.0).
Latvia's minimum wages is 15,415 as of 2024-12-31, compared with 13,827 in 2023. Source: OECD (via DBnomics).
The highest recorded value is 15,415 (2024); the lowest is 2,454 (1992), across data from 1992 to 2024.
Source: OECD (via DBnomics). Figures are republished with attribution and updated as the source releases new observations.