More than third earned less than €450 a month in Q3

Take note – story published 6 years ago

In the third quarter of this year, the percentage of employees in Latvia earning up to €450 a month in net (after tax) wages dropped 5.1% from the same period a year ago to 38.9%, according to the Central Statistical Bureau's data.

Of these, 18.7% were paid the minimum wage, or less. That is a decrease of 1.4% from the third quarter of 2016 when 20.1% of employees were working for the minimum wage or less.

According to the Statistical Bureau's data, 149,300 employees in Latvia were paid the minimum wage or less in the third quarter of this year.

In the meantime, 32.8% of employees were paid net wages of €450.01 to €700 (up from 30.9% in the third quarter of 2016), 20.8% were paid €700.01 to €1,400 (17.7% a year ago), and 2.7% - more than EUR 1,400 (2.5% a year ago).

Latvia will hike its minimum wage from €380 to €430 next year.

Seen a mistake?

Select text and press Ctrl+Enter to send a suggested correction to the editor

Select text and press Report a mistake to send a suggested correction to the editor

Related articles

More

Most important