Latvia's legal minimum wage more than doubled from July 2013 to July 2023, but remains one of the lowest in the EU despite an average annual growth rate of 8% over the decade. In July 2013 the minimum wage was 286 euros per month, while in July 2023 it was 620 euros.
In Estonia the minimum wage is currently 720 euros, while in Lithuania it is 840 euros.
On 1 July 2023, 22 out of the 27 EU Member States had a national minimum wage including Cyprus (as of 1 January 2023). EU countries without a national minimum wage were: Denmark, Italy, Austria, Finland and Sweden. Monthly minimum wages vary widely across the Member States, from €399 in Bulgaria to €2 508 in Luxembourg.
The average annual growth rate between July 2013 and July 2023 was highest in Romania (+12.9 %) followed by Lithuania (+11.2 %), Bulgaria (+9.7 %) and Czechia (+9.0 %). The lowest average annual growth rates among EU Member States were recorded in Malta (+1.7 %) and France (+2.0 %).
