In 2020, the average monthly gross wage in the country for full-time work was EUR 1 143. Compared to 2019, the average monthly salary increased by EUR 66 or 6.2 %, but the salary for one hour worked before taxes – by 6.6 % (from EUR 7.47 to 7.97).
What is the average wage in Latvia?
Average Salary / Latvia. Average salary in Latvia is 26,159 LVL per year. The most typical earning is 10,283 LVL. All data are based on 174 salary surveys.
What is the basic salary in Latvia?
In 2021, the national minimum wage in Latvia remained fixed at 500 € per month, that is 6,000 euros per year, taking into account 12 payments per year. Accordingly the national minimum wage has been raised 70 Euros per month from the previous year, 16.28%.
What’s a good salary in Latvia?
What is the average salary in Latvia? Latvia offers an average salary of about $10.98 an hour, $2,004.7/month, or $24,059.60 a year. These figures are inclusive of housing, transport, and other benefits, which brings the take-home pay (after taxes) to an average of $827/month.
What is the maximum salary in Latvia?
Salaries range for person working in Latvia is typically from 535.00 EUR (minimum salary) to 1,872.00 EUR (highest average, actual maximum salary is higher). This is the total monthly salary including bonuses. Salaries vary drastically among different job categories.
Is Latvia a poor or rich country?
Latvia is the third poorest country in the European Union. 02.07. 2019. In the field of anti-poverty policy, Latvia is the third poorest and most marginalized country, with a dramatic increase in the gap between the poor and the rich in recent years.
Is it easy to get a job in Latvia?
Its relatively easy to get a job as a non-EU foreigner if you have language or IT skills. There are shortage mostly on these sectors, where skilled foreigners usually fill in. For more residence and work permit questions, you can check the The Office of Citizenship and Migration Affairs of Latvia website.
What is a good salary in Riga?
Average Salary in Riga, Latvia
The average salary in Riga is considerably higher than the minimum. Currently the average net wage in Riga is of 850 euros per month as of 2021.
What is the cost of living in Latvia?
Summary: Family of four estimated monthly costs are 2,379$ (2,026€) without rent. A single person estimated monthly costs are 694$ (591€) without rent. Cost of living in Latvia is, on average, 29.27% lower than in United States.
How much do nurses earn in Latvia?
How much money does a Nurse make in Latvia? A person working as a Nurse in Latvia typically earns around 1,060 LVL per month. Salaries range from 570 LVL (lowest) to 1,600 LVL (highest). This is the average monthly salary including housing, transport, and other benefits.
What is the main industry in Latvia?
Four cornerstones of the Latvian economy are agriculture, chemicals, logistics and woodworking. Other prominent sectors include textiles, food processing, machinery production and green technologies. Agriculture enjoys the fertile soil and temperate climate of Latvia.