Minimum relative to average wages of full-time workers in Latvia

Latvia: Minimum relative to average wages of full-time workers was 38.06 Percentage of average wage of full-time employees in 2025. ▲ Rising

Latest (2025)
38.06 Percentage of average wage of full-time employees
Change on year
down 1.9%
Rank
8th
of 9 regions
All-time high
41.49 Percentage of average wage of full-time employees
in 2015
All-time low
24.02 Percentage of average wage of full-time employees
in 1998
Years of data
29
1997–2025

Minimum relative to average wages of full-time workers in Latvia, 1997–2025

0102030401997201120251997: 24.1 Percentage of average wage of full-time employees1998: 24 Percentage of average wage of full-time employees1999: 27 Percentage of average wage of full-time employees2000: 25.5 Percentage of average wage of full-time employees2001: 26.3 Percentage of average wage of full-time employees2002: 26.5 Percentage of average wage of full-time employees2003: 33.5 Percentage of average wage of full-time employees2004: 34.9 Percentage of average wage of full-time employees2005: 30.1 Percentage of average wage of full-time employees2006: 27.5 Percentage of average wage of full-time employees2007: 28.6 Percentage of average wage of full-time employees2008: 31.6 Percentage of average wage of full-time employees2009: 37 Percentage of average wage of full-time employees2010: 38.2 Percentage of average wage of full-time employees2011: 40.5 Percentage of average wage of full-time employees2012: 39.1 Percentage of average wage of full-time employees2013: 37.4 Percentage of average wage of full-time employees2014: 39.4 Percentage of average wage of full-time employees2015: 41.5 Percentage of average wage of full-time employees2016: 40.6 Percentage of average wage of full-time employees2017: 38.7 Percentage of average wage of full-time employees2018: 37.6 Percentage of average wage of full-time employees2019: 35 Percentage of average wage of full-time employees2020: 33 Percentage of average wage of full-time employees2021: 34.9 Percentage of average wage of full-time employees2022: 34 Percentage of average wage of full-time employees2023: 37.7 Percentage of average wage of full-time employees2024: 38.8 Percentage of average wage of full-time employees2025: 38.1 Percentage of average wage of full-time employees

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of average wage of full-time employees.

Analysis

The most recent figure for minimum relative to average wages of full-time workers in Latvia is 38.06 Percentage of average wage of full-time employees, measured in 2025.

The figure is down 1.9% on the previous year and down 8.3% over ten years.

Over the whole period, minimum relative to average wages of full-time workers in Latvia peaked at 41.49 Percentage of average wage of full-time employees in 2015 and was at its lowest, 24.02 Percentage of average wage of full-time employees, in 1998.

The long-run direction has been consistently rising across the 29 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 25.06 Percentage of average wage of full-time employees 24.02 Percentage of average wage of full-time employees 27.03 Percentage of average wage of full-time employees 3
2000s 30.14 Percentage of average wage of full-time employees 25.5 Percentage of average wage of full-time employees 36.99 Percentage of average wage of full-time employees 10
2010s 38.8 Percentage of average wage of full-time employees 35.03 Percentage of average wage of full-time employees 41.49 Percentage of average wage of full-time employees 10
2020s 36.07 Percentage of average wage of full-time employees 32.99 Percentage of average wage of full-time employees 38.78 Percentage of average wage of full-time employees 6

Countries ranked near Latvia

  1. 5 United Kingdom of Great Britain and Northern Ireland 51.11 Percentage of average wage of full-time employees compare
  2. 6 France 50.42 Percentage of average wage of full-time employees compare
  3. 7 Australia 46.43 Percentage of average wage of full-time employees compare
  4. 8 Spain 46.25 Percentage of average wage of full-time employees compare
  5. 9 Luxembourg 45.49 Percentage of average wage of full-time employees compare
  6. 10 Chile 44.83 Percentage of average wage of full-time employees compare
  7. 11 Romania 44.18 Percentage of average wage of full-time employees compare

See the full ranking of 33 places →

More work & labour data for Latvia

All data for Latvia →

Frequently asked questions

What is minimum relative to average wages of full-time workers in Latvia?
Minimum relative to average wages of full-time workers in Latvia was 38.06 Percentage of average wage of full-time employees in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest minimum relative to average wages of full-time workers recorded in Latvia?
The highest recorded value was 41.49 Percentage of average wage of full-time employees in 2015.
What is the lowest minimum relative to average wages of full-time workers recorded in Latvia?
The lowest recorded value was 24.02 Percentage of average wage of full-time employees in 1998.
How does Latvia rank for minimum relative to average wages of full-time workers?
Latvia ranks 8th out of 9 regions with data for 2025.
Is minimum relative to average wages of full-time workers rising or falling in Latvia?
Over the last ten years it is down 8.3%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Minimum relative to average wages of full-time workers. Statizoid updates them automatically from the source API.

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Minimum relative to average wages of full-time workers in Latvia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://labour.statizoid.com/stat/minimum-relative-to-average-wages-of-full-time-workers/latvia-2/

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About this data

Indicator
Minimum relative to average wages of full-time workers
Unit
Percentage of average wage of full-time employees
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
33 places, 1,325 data points, 1960–2025
Last refreshed

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.