Bosnia and Herzegovina vs Latvia: Monthly minimum wage
Monthly minimum wage over time
- Bosnia and Herzegovina
- Latvia
How they compare
Latvia currently reports 780 against 626 in Bosnia and Herzegovina, a difference of 154.
That makes Latvia's figure about 1.2 times Bosnia and Herzegovina's.
The two have swapped places 3 times across 9 shared years of data; in 2016 it was Bosnia and Herzegovina ahead.
Bosnia and Herzegovina ranks 148th and Latvia ranks 145th of 173 countries.
Across the 2 decades both report, Bosnia and Herzegovina averaged higher in 1 and Latvia in 1.
Head to head by decade
| Decade | Bosnia and Herzegovina | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 406 | 402.5 | 3.5 | Bosnia and Herzegovina |
| 2020s | 515.4 | 550 | 34.6 | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monthly minimum wage, Bosnia and Herzegovina or Latvia?
- Latvia, at 780 against 626 in Bosnia and Herzegovina as of 2026.
- What is the difference in monthly minimum wage between Bosnia and Herzegovina and Latvia?
- 154, with Latvia ahead.
- How many years of comparable data are there for Bosnia and Herzegovina and Latvia?
- 9 years are reported by both, from 2016 to 2024.
- How do Bosnia and Herzegovina and Latvia rank globally for monthly minimum wage?
- Bosnia and Herzegovina ranks 148th and Latvia ranks 145th of 173 countries.
- Where does this data come from?
- International Labour Organization, published as Monthly minimum wage. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Data refer to the minimum monthly earnings of all employees as of December 31st of each year. Minimum wages are not reported for countries for which collective bargaining is in place for minimum wages. In cases where a national minimum wage is not mandated, the minimum wage in place in the capital or major city is used. In some cases, an average of multiple regional minimum wages is used. In countries where the minimum wage is set at the sectoral level or occupational level, the minimum wage for manufacturing or unskilled workers is generally applied. Data are converted to U.S. dollars as the common currency, using exchange rates or purchasing power parity (PPP) rates rates for private consumption expenditures. The latter series allows for international comparisons by taking account of the differences in relative prices between countries. For more information, refer to the Wages and Working Time Statistics (COND) database description.