Average full time adjusted salary per employee in Latvia
Latvia: Average full time adjusted salary per employee was 22,262 Euro in 2024. ◆ Volatile
Latest (2024)
22,262 Euro
Change on year
up 10.2%
World rank
24th
of 33 countries
All-time high
22,262 Euro
in 2024
All-time low
2,703 Euro
in 1998
Years of data
27
1998–2024
Average full time adjusted salary per employee in Latvia, 1998–2024
Source: Eurostat. Measured in Euro.
Analysis
Latvia recorded 22,262 Euro for average full time adjusted salary per employee in 2024. That is the highest value across all 27 years on record.
That represents a change of up 10.2% on the previous year and up 98.6% over ten years.
Over the whole period, average full time adjusted salary per employee in Latvia peaked at 22,262 Euro in 2024 and was at its lowest, 2,703 Euro, in 1998.
Latvia ranks 24th of 33 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Average full time adjusted salary per employee in Latvia, year by year
| Year | Euro | Change |
|---|---|---|
| 1998 | 2,703 Euro | — |
| 1999 | 3,064 Euro | +13.4% |
| 2000 | 3,745 Euro | +22.2% |
| 2001 | 3,988 Euro | +6.5% |
| 2002 | 4,011 Euro | +0.6% |
| 2003 | 4,108 Euro | +2.4% |
| 2004 | 4,601 Euro | +12.0% |
| 2005 | 5,604 Euro | +21.8% |
| 2006 | 6,831 Euro | +21.9% |
| 2007 | 9,206 Euro | +34.8% |
| 2008 | 10,848 Euro | +17.8% |
| 2009 | 9,434 Euro | -13.0% |
| 2010 | 8,880 Euro | -5.9% |
| 2011 | 9,114 Euro | +2.6% |
| 2012 | 9,919 Euro | +8.8% |
| 2013 | 10,319 Euro | +4.0% |
| 2014 | 11,212 Euro | +8.7% |
| 2015 | 12,075 Euro | +7.7% |
| 2016 | 12,937 Euro | +7.1% |
| 2017 | 13,828 Euro | +6.9% |
| 2018 | 14,740 Euro | +6.6% |
| 2019 | 15,491 Euro | +5.1% |
| 2020 | 15,887 Euro | +2.6% |
| 2021 | 17,018 Euro | +7.1% |
| 2022 | 19,187 Euro | +12.7% |
| 2023 | 20,209 Euro | +5.3% |
| 2024 | 22,262 Euro | +10.2% |
Latvia compared with similar countries
- Latvia's 22,262 Euro is below the median for Europe & Central Asia, which is 29,104 Euro, 76% of the median. (25 countries reporting)
- Latvia's 22,262 Euro is below the median for high income countries, which is 31,302 Euro, 71% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,884 Euro | 2,703 Euro | 3,064 Euro | 2 |
| 2000s | 6,238 Euro | 3,745 Euro | 10,848 Euro | 10 |
| 2010s | 11,852 Euro | 8,880 Euro | 15,491 Euro | 10 |
| 2020s | 18,913 Euro | 15,887 Euro | 22,262 Euro | 5 |
Countries ranked near Latvia
More work & labour data for Latvia
- Population - Est. & Proj. — Total Population - Both sexes, annual -1.02 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -1 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -1.04 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.94 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate -0.2718 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 1,152 1000 No (2050)
- Population - Est. & Proj. — Rural population 365.13 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 470.3 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 455.07 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 925.37 1000 No (2100)
Frequently asked questions
- What is average full time adjusted salary per employee in Latvia?
- Average full time adjusted salary per employee in Latvia was 22,262 Euro in 2024, according to Eurostat.
- What is the highest average full time adjusted salary per employee recorded in Latvia?
- The highest recorded value was 22,262 Euro in 2024.
- What is the lowest average full time adjusted salary per employee recorded in Latvia?
- The lowest recorded value was 2,703 Euro in 1998.
- How does Latvia rank for average full time adjusted salary per employee?
- Latvia ranks 24th out of 33 countries with data for 2024.
- Is average full time adjusted salary per employee rising or falling in Latvia?
- Over the last ten years it is up 98.6%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Average full time adjusted salary per employee. Statizoid updates them automatically from the source API.
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