Average annual wages saw a steady development in Latvia over the given period. The figures increased more than sevenfold between 2000 and 2023, having reached around 22,600 euros in the latest year observed.

A steady growth in average monthly wages in Latvia was observed over the given period. In 2023, the average wage in the country exceeded 1,500 euros per month. The average annual wage in the country was measured at around 20,000 euros in 2022.

Latvia Average Wages and Salaries: Gross: AR: Gambling and Betting Activities data was reported at 1,184.340 EUR in Jun 2018. This records an increase from the previous number of 1,032.700 EUR for May 2018. Latvia Average Wages and Salaries: Gross: AR: Gambling and Betting Activities data is updated monthly, averaging 759.345 EUR from Jan 2008 (Median) to Jun 2018, with 126 observations. The data reached an all-time high of 1,184.340 EUR in Jun 2018 and a record low of 558.460 EUR in Feb 2010. Latvia Average Wages and Salaries: Gross: AR: Gambling and Betting Activities data remains active status in CEIC and is reported by Central Statistical Bureau of Latvia. The data is categorized under Global Database’s Latvia – Table LV.G018: Average Wages and Salaries: Statistical Classification of Economic Activities Revision 2.

Key information about Latvia Monthly Earnings

• Latvia Monthly Earnings stood at 1,924 USD in Dec 2024, compared with the previous figure of 1,803 USD in Nov 2024
• Latvia Monthly Earnings data is updated monthly, available from Jan 1997 to Dec 2024, with an average number of 899 USD
• The data reached the an all-time high of 1,924 USD in Dec 2024 and a record low of 188 USD in Feb 1997

• In the latest reports, Latvia Population reached 2 million people in Dec 2023
• Unemployment Rate of Latvia remained the same at 7 % in Jan 2025
• The country's Labour Force Participation Rate dropped to 68 % in Dec 2024

In 2022, Latvia's average disposable income per one equivalent consumer exceeded 13,100 euros. That marked an increase from around 12,000 euros in the previous year. After a brief drop in 2010, the figure has been growing year-over-year.

Average gross salaries have been steadily climbing up in Latvia over the given period. In the second quarter of 2021 the figures were measured at 1,237 euros per month.

This dataset contains data on annual average hourly earnings of industrial workers in Riga in 1919-1939. Dataset "Annual Average Hourly Earnings of Industrial Workers in Riga (Latvia), 1919-1939" was published implementing project "Historical Sociology of Modern Restorations: a Cross-Time Comparative Study of Post-Communist Transformation in the Baltic States" from 2018 to 2022. Project leader is prof. Zenonas Norkus. Project is funded by the European Social Fund according to the activity "Improvement of researchers' qualification by implementing world-class R&D projects' of Measure No. 09.3.3-LMT-K-712".

Latvia Wages and Salaries: Gross data was reported at 1,837.000 EUR in Dec 2024. This records an increase from the previous number of 1,698.000 EUR for Nov 2024. Latvia Wages and Salaries: Gross data is updated monthly, averaging 670.500 EUR from Jan 1997 (Median) to Dec 2024, with 336 observations. The data reached an all-time high of 1,837.000 EUR in Dec 2024 and a record low of 152.000 EUR in Jan 1997. Latvia Wages and Salaries: Gross data remains active status in CEIC and is reported by Central Statistical Bureau of Latvia. The data is categorized under Global Database’s Latvia – Table LV.G017: Average Wages and Salaries: by Sector.

Key information about Latvia Household Income per Capita

• Latvia Annual Household Income per Capita reached 11,002.589 USD in Dec 2023, compared with the previous value of 9,336.390 USD in Dec 2022.
• Latvia Annual Household Income per Capita data is updated yearly, available from Dec 2004 to Dec 2023, with an averaged value of 5,720.879 USD.
• The data reached an all-time high of 11,002.589 USD in Dec 2023 and a record low of 2,206.397 USD in Dec 2004.
• In the latest reports, Retail Sales of Latvia grew 2.055 % YoY in Jan 2025.

This dataset contains data on annual salary of agricultural workers in Latvia in 1919-1939. Dataset "Annual Salary of Agricultural Workers in Latvia, 1919-1939" was published implementing project "Historical Sociology of Modern Restorations: a Cross-Time Comparative Study of Post-Communist Transformation in the Baltic States" from 2018 to 2022. Project leader is prof. Zenonas Norkus. Project is funded by the European Social Fund according to the activity "Improvement of researchers' qualification by implementing world-class R&D projects' of Measure No. 09.3.3-LMT-K-712".

As of the first half of 2024, the net minimum wage in Lithuania stood at 924 euros per month. The figure went up 10 percent compared to the corresponding period of the previous year. Latvia had the lowest net minimum wage over the selected time frame, with 700 euros per month as of the first half of 2024. Over the observed period, the minimum wage in all three countries saw an increase.

Latvia HD: per Capita: Monthly Avg: Income from Self Employment data was reported at 13.320 EUR in 2016. This records a decrease from the previous number of 15.570 EUR for 2015. Latvia HD: per Capita: Monthly Avg: Income from Self Employment data is updated yearly, averaging 12.230 EUR from Dec 2004 (Median) to 2016, with 13 observations. The data reached an all-time high of 15.990 EUR in 2014 and a record low of 7.970 EUR in 2009. Latvia HD: per Capita: Monthly Avg: Income from Self Employment data remains active status in CEIC and is reported by Central Statistical Bureau of Latvia. The data is categorized under Global Database’s Latvia – Table LV.H012: Household Disposable Income per Capita: Monthly Average.

Latvia - Overcrowding rate: Below 60% of median equivalised income was 45.80% in December of 2022, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Latvia - Overcrowding rate: Below 60% of median equivalised income - last updated from the EUROSTAT on March of 2025. Historically, Latvia - Overcrowding rate: Below 60% of median equivalised income reached a record high of 66.40% in December of 2010 and a record low of 40.40% in December of 2019.

Latvia - Median of the housing cost burden distribution: Below 60% of median equivalised income was 25.10% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Latvia - Median of the housing cost burden distribution: Below 60% of median equivalised income - last updated from the EUROSTAT on March of 2025. Historically, Latvia - Median of the housing cost burden distribution: Below 60% of median equivalised income reached a record high of 32.40% in December of 2013 and a record low of 22.20% in December of 2021.

Annualized average growth rate in per capita real survey mean consumption or income, bottom 40% of population (%) in Latvia was reported at 6.85 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Latvia - Annualized average growth rate in per capita real survey mean consumption or income, bottom 40% of population - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

This dataset contains data on average daily wage of day agricultural workers in Vitebsk Province (within the current borders Belarus, Latvia and Russia) in 1897-1914. Dataset "Average Daily Wage of Day Agricultural Workers in Vitebsk Province (Belarus, Latvia and Russia), 1897-1914" was published implementing project "Historical Sociology of Modern Restorations: a Cross-Time Comparative Study of Post-Communist Transformation in the Baltic States" from 2018 to 2022. Project leader is prof. Zenonas Norkus. Project is funded by the European Social Fund according to the activity "Improvement of researchers' qualification by implementing world-class R&D projects' of Measure No. 09.3.3-LMT-K-712".

Slovenia recorded the highest minimum wage as nearly 62 percent of the median salary of full-time workers among Central and Eastern European countries in 2022. Conversely, Latvia noted the lowest minimum wage at almost 39 percent of the median wage.

Latvia HD: per Capita: Monthly Avg: Property Income data was reported at 3.770 EUR in 2016. This records a decrease from the previous number of 4.580 EUR for 2015. Latvia HD: per Capita: Monthly Avg: Property Income data is updated yearly, averaging 2.530 EUR from Dec 2004 (Median) to 2016, with 13 observations. The data reached an all-time high of 4.580 EUR in 2015 and a record low of 0.800 EUR in 2010. Latvia HD: per Capita: Monthly Avg: Property Income data remains active status in CEIC and is reported by Central Statistical Bureau of Latvia. The data is categorized under Global Database’s Latvia – Table LV.H012: Household Disposable Income per Capita: Monthly Average.

This dataset contains data on annual salary of industrial workers in Courland Province (within the current borders Latvia), Estonia Province (within the current borders Estonia), Kaunas Province (within the current borders Belarus, Latvia and Lithuania), Livonia Province (within the current borders of Estonia and Latvia), Suwalki Province (within the current borders of Lithuania and Poland), Vilnius Province (within the current borders Belarus and Lithuania), Vitebsk Province (within the current borders Belarus, Latvia and Russia) in 1897-1914. Dataset "Annual Salary of Industrial Workers in Courland, Estonia, Kaunas, Livonia, Suwalki, Vilnius, Vitebsk Provinces, (Belarus, Estonia, Latvia, Lithuania, Poland and Russia), 1897-1914" was published implementing project "Historical Sociology of Modern Restorations: a Cross-Time Comparative Study of Post-Communist Transformation in the Baltic States" from 2018 to 2022. Project leader is prof. Zenonas Norkus. Project is funded by the European Social Fund according to the activity "Improvement of researchers' qualification by implementing world-class R&D projects' of Measure No. 09.3.3-LMT-K-712".

Latvia - Median relative income of elderly people (60+) was 0.67% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Latvia - Median relative income of elderly people (60+) - last updated from the EUROSTAT on March of 2025. Historically, Latvia - Median relative income of elderly people (60+) reached a record high of 0.87% in December of 2011 and a record low of 0.60% in December of 2019.