Latvia Latvia National Minimum Wage - NMW

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NMW Latvia 2021

The national minimum wage increase in Latvia

In 2021, the national minimum wage in Latvia remained fixed at 500 € per month, that is 6,000 euros per year, taking into account 12 payments per year.

Accordingly the national minimum wage has been raised 70 Euros per month from the previous year, 16.28%. This increase is greater than the CPI of 2020 which was -0.5%, 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 36 nd place, so it is among the countries with the lowest minimum salary of the 100 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 2021 and see all the information about this country in Latvia economy.

Latvia - Minimum wages
DateNat. Curr. NMWNMWNMW
January 2021500.0613.6 $500.0 €
December 2020491.1 $
January 2020430.0483.1 $430.0 €
December 2019481.4 $
January 2019430.0492.4 $430.0 €
December 2018507.8 $
January 2018430.0515.7 $430.0 €
December 2017429.3 $
January 2017380.0400.6 $380.0 €
December 2016409.6 $
January 2016370.0402.8 $370.0 €
December 2015399.4 $
January 2015360.0437.1 $360.0 €
December 2014425.1 $
January 2014320.0441.3 $320.0 €
December 2013378.2 $
June 2013370.3 $
January 2013284.6378.2 $286.7 €
December 2012368.8 $
June 2012356.1 $
January 2012284.6370.0 $285.9 €
December 2011392.5 $
June 2011405.6 $
January 2011284.6376.7 $281.9 €
December 2010336.4 $
January 2010256.1365.6 $253.8 €
December 2009356.8 $
June 2009360.7 $
January 2009256.1353.7 $254.1 €
December 2008333.9 $
June 2008352.1 $
January 2008227.7338.2 $229.8 €
December 2007236.2 $
June 2007231.9 $
January 2007170.7226.7 $172.1 €
December 2006162.3 $
June 2006166.4 $
January 2006128.1152.5 $129.3 €
December 2005143.0 $
June 2005141.7 $
January 2005113.8156.1 $114.6 €
December 2004151.5 $
June 2004148.5 $
January 2004113.8150.3 $119.0 €
December 2003122.0 $
June 2003127.5 $
January 200399.6119.6 $114.0 €
December 200294.7 $
June 200294.0 $
January 200285.495.1 $107.9 €
December 200199.7 $
June 200185.494.4 $111.3 €
January 200171.180.7 $86.8 €
December 200081.1 $
June 200081.7 $
January 200071.185.4 $85.0 €
December 199985.8 $
June 199984.2 $
January 199971.175.2 €
Latvia - Minimum wages
Latvia - Minimum wages