Latvia vs Mexico: Minimum relative to average wages of full-time workers
Minimum relative to average wages of full-time workers over time
- Latvia
- Mexico
How they compare
Mexico currently reports 61.14 Percentage of average wage of full-time employees against 38.06 Percentage of average wage of full-time employees in Latvia, a difference of 23.08 Percentage of average wage of full-time employees.
That makes Mexico's figure about 1.6 times Latvia's.
The two have swapped places 4 times across 29 shared years of data; in 1997 it was Mexico ahead.
Latvia ranks 5th and Mexico ranks 2nd of 7 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Mexico in 2.
Head to head by decade
| Decade | Latvia | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 25.06 Percentage of average wage of full-time employees | 37.07 Percentage of average wage of full-time employees | 12.01 Percentage of average wage of full-time employees | Mexico |
| 2000s | 30.14 Percentage of average wage of full-time employees | 29.99 Percentage of average wage of full-time employees | 0.1521 Percentage of average wage of full-time employees | Latvia |
| 2010s | 38.8 Percentage of average wage of full-time employees | 30.01 Percentage of average wage of full-time employees | 8.8 Percentage of average wage of full-time employees | Latvia |
| 2020s | 36.07 Percentage of average wage of full-time employees | 52.15 Percentage of average wage of full-time employees | 16.09 Percentage of average wage of full-time employees | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher minimum relative to average wages of full-time workers, Latvia or Mexico?
- Mexico, at 61.14 Percentage of average wage of full-time employees against 38.06 Percentage of average wage of full-time employees in Latvia as of 2025.
- What is the difference in minimum relative to average wages of full-time workers between Latvia and Mexico?
- 23.08 Percentage of average wage of full-time employees, with Mexico ahead.
- How many years of comparable data are there for Latvia and Mexico?
- 29 years are reported by both, from 1997 to 2025.
- How do Latvia and Mexico rank globally for minimum relative to average wages of full-time workers?
- Latvia ranks 5th and Mexico ranks 2nd of 7 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Minimum relative to average wages of full-time workers. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
For cross-country comparisons, data on minimum wage levels are further supplemented with another measure of minimum wages relative to average wages, that is, the ratio of minimum wages to median earnings of full-time employees. Median rather than mean earnings provide a better basis for international comparisons as it accounts for differences in earnings dispersion across countries. However, while median of basic earnings of full-time workers - i.e. excluding overtime and bonus payments - are ideally, the preferred measure of average wages for international comparisons of minimum-to-median earnings, they are not available for a large number of countries. Minimum relative to mean earnings of full-time workers are also provided.