Monthly minimum wage (Local currency), annual growth rate in Latvia
Latvia: Monthly minimum wage (Local currency), annual growth rate was 5.41 % change on previous year in 2026. ◆ Volatile
Monthly minimum wage (Local currency), annual growth rate in Latvia, 2000–2026
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Latvia recorded 5.41 % change on previous year for monthly minimum wage (local currency), annual growth rate in 2026.
The figure is down 5.4% on the previous year and up 94.6% over ten years.
Over the whole period, monthly minimum wage (local currency), annual growth rate in Latvia peaked at 33.33 % change on previous year in 2007 and was at its lowest, -9.91 % change on previous year, in 2002.
That places Latvia 71st out of 168 countries with data for 2026, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage (Local currency), annual growth rate in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2000 | 10 % change on previous year | — |
| 2001 | 26.14 % change on previous year | +161.4% |
| 2002 | -9.91 % change on previous year | -137.9% |
| 2003 | 8 % change on previous year | -180.7% |
| 2004 | 12.96 % change on previous year | +62.0% |
| 2005 | -5.74 % change on previous year | -144.3% |
| 2006 | 12.17 % change on previous year | -312.2% |
| 2007 | 33.33 % change on previous year | +173.8% |
| 2008 | 31.98 % change on previous year | -4.1% |
| 2009 | 12.78 % change on previous year | -60.0% |
| 2010 | -0.7812 % change on previous year | -106.1% |
| 2011 | 11.02 % change on previous year | -1511.0% |
| 2012 | 1.77 % change on previous year | -83.9% |
| 2013 | -0.6969 % change on previous year | -139.3% |
| 2014 | 12.28 % change on previous year | -1862.3% |
| 2015 | 12.5 % change on previous year | +1.8% |
| 2016 | 2.78 % change on previous year | -77.8% |
| 2017 | 2.7 % change on previous year | -2.7% |
| 2018 | 13.16 % change on previous year | +386.8% |
| 2019 | 0 % change on previous year | -100.0% |
| 2020 | 0 % change on previous year | — |
| 2021 | 16.28 % change on previous year | — |
| 2022 | 0 % change on previous year | -100.0% |
| 2023 | 24 % change on previous year | — |
| 2024 | 12.9 % change on previous year | -46.2% |
| 2025 | 5.71 % change on previous year | -55.7% |
| 2026 | 5.41 % change on previous year | -5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.17 % change on previous year | -9.91 % change on previous year | 33.33 % change on previous year | 10 |
| 2010s | 5.47 % change on previous year | -0.7812 % change on previous year | 13.16 % change on previous year | 10 |
| 2020s | 9.19 % change on previous year | 0 % change on previous year | 24 % change on previous year | 7 |
Countries ranked near Latvia
- 68 Portugal 5.71 % change on previous year compare
- 69 Cook Islands 5.56 % change on previous year compare
- 70 Israel 5.53 % change on previous year compare
- 72 Japan 5.08 % change on previous year compare
- 73 Bosnia and Herzegovina 5.03 % change on previous year compare
- 74 Cameroon 5 % change on previous year compare
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 monthly minimum wage (local currency), annual growth rate in Latvia?
- Monthly minimum wage (local currency), annual growth rate in Latvia was 5.41 % change on previous year in 2026, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), annual growth rate recorded in Latvia?
- The highest recorded value was 33.33 % change on previous year in 2007.
- What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Latvia?
- The lowest recorded value was -9.91 % change on previous year in 2002.
- How does Latvia rank for monthly minimum wage (local currency), annual growth rate?
- Latvia ranks 71st out of 168 countries with data for 2026.
- Is monthly minimum wage (local currency), annual growth rate rising or falling in Latvia?
- Over the last ten years it is up 94.6%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Monthly minimum wage International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.