NMW Latvia 2025

The national minimum wage increase in Latvia

In 2025, the national minimum wage in Latvia remained fixed at €740 per month, that is 8,880 euros per year, taking into account 12 payments per year.

Accordingly the national minimum wage has been raised 40 Euros per month from the previous year, 5.71%. This increase is greater than the CPI of 2024 which was 3.2%, so workers have gained buying power in the last year.

If we look at the ranking of the national minimum wage that we publish, Latvia is in 45 nd place, so it is among the countries with the lowest minimum salary of the 124 of the list.

The National Minimum Wage (NMW) of a country is the minimum amount (lowest salary) per hour, per day, or per month that employers may legally pay to workers.

In the table that follows we show you the progression of the National Minimum Wage Latvia. You can see NMW in other countries in National Minimum Wage 2025 and see all the information about this country in Latvia economy.

Latvia - Minimum wages
DateNat. Curr. NMWNMWNMW
January 2025740.0$768.8€740.0
June 2024700.0$759.6€700.0
January 2024700.0$773.5€700.0
June 2023620.0$662.4€620.0
January 2023620.0$670.4€620.0
June 2022500.0$535.7€500.0
January 2022500.0$526.5€500.0
January 2021500.0$591.4€500.0
June 2020430.0$478.9€430.0
January 2020430.0$491.1€430.0
January 2019430.0$481.4€430.0
January 2018430.0$507.8€430.0
June 2017380.0$426.4€380.0
January 2017380.0$429.3€380.0
June 2016370.0$412.7€370.0
January 2016370.0$409.6€370.0
June 2015360.0$394.9€360.0
January 2015360.0$399.4€360.0
June 2014320.0$435.4€320.0
January 2014320.0$425.1€320.0
June 2013285.0€284.6
January 2013285.0$378.5€287.0
January 2012285.0$368.7€286.0
January 2011285.0$392.5€282.0
June 2010256.0€257.3
January 2010256.0$336.7€254.0
January 2009256.0$357.1€254.0
June 2008228.0€228.8
January 2008228.0$333.9€230.0
June 2007171.0€171.0
January 2007171.0$235.7€172.0
June 2006128.0€127.7
January 2006128.0$162.0€129.0
June 2005114.0€114.2
January 2005114.0$143.1€115.0
January 2004114.0$151.8€119.0
June 2003100.0€99.5
January 2003100.0$122.2€114.0
June 200285.0€84.6
January 200285.0$94.6€108.0
June 200171.1€70.9
January 200171.0$99.4€87.0
January 200071.0$81.3€85.0
January 199971.0$85.3€75.0
Latvia - Minimum wages
Latvia - Minimum wages