minwage.me

Latvia

Country or region

Global rank #40 of 77

Explore how minimum wage compares to Big Mac prices in Latvia, and how many burgers you can earn with 1 hour of work.

Minimum wage (gross)
€4.50
/ hour
Big Mac price
€6.08
Burgers per hour
0.74
You can buy about 0 burgers in 1 hour
Work time for 1 Big Mac
1h 21m

Latvia vs the world

How Latvia compares with other countries and regions.

How we calculate burgers per hour

Minimum wage / hour
€4.50
÷
Big Mac price
€6.08
=
Burgers per hour
0.74

Converted from €780 / month at 40 h/week

Share this result

Show your friends how far an hour of work goes.

Minimum wage (gross)

Source: Labklājības ministrija (Ministry of Welfare of the Republic of Latvia) · effective Jan 1, 2026

Labklājības ministrija (Ministry of Welfare of the Republic of Latvia)

Latvia sets a statutory MONTHLY minimum wage of EUR 780 (gross, full-time, normal working time) effective 1 January 2026, up from EUR 740 in 2025. Set by Cabinet of Ministers Regulation No. 656 (24.11.2015) as amended by Reg. No. 680 of 19.11.2025. Latvia does NOT publish a fixed annual native hourly rate; instead the minimum hourly tariff rate is calculated each month from the monthly minimum divided by that month's normal working hours, so it varies month to month (roughly EUR 4.7-4.9/hr at ~160-166 hours). Standard normal working time is 40 hours/week. One single minimum wage binds all employers; no separate national youth/apprentice sub-minima are set at the national level. Future planned increases: EUR 820 (2027), EUR 860 (2028).

Big Mac price: Economist (Euro area avg) · Jan 1, 2026

Compare with another country or region