LATVIA

Latvia

THE OFFICIAL SALARY IN LATVIA IN 2020:

Average salary – 1 076 euros per month

Minimum wage – 430 euros per month

Source: Central Statistical Bureau of Latvia – csb.gov.lv

Read more about wages in Latvia here

Latvia is located in the northern part of Europe. It borders Estonia to the north, Russia to the east, Belarus to the south-east and Lithuania to the south.

INFORMATION ABOUT LATVIA (2020) 
Population 1.9 million
Average life expectancy  74.7 years
Unemployment rate 6%
Inflation  2.3%
Square 64 589 km²
Form of government Parliamentary constitutional republic
Income tax 20–31.4%
Capital Riga
Currency Euro
Official Language Latvia
Doing Business rank 19
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