Data / Average annual wage / Latvia

Average annual wage in Latvia

Average annual wage in Latvia was 44,709 USD at PPP in 2025, according to the Organisation for Economic Co-operation and Development. That is up 3.3% from 2024. That is the 17th highest of 22 EU countries in 2025.

Rankings

• Countries by average annual wage 37 places
• EU countries by average annual wage 22 places

Definition

Average annual gross wage per full-time equivalent employee in the whole economy, in US dollars at constant prices and purchasing power parities for private consumption of the OECD's current base year. The OECD divides the national accounts wage bill by the average number of employees and converts the result to full-time equivalents with usual weekly hours.

A mean, not a median, so high earners pull it up. The OECD moves the price base forward each year and restates every past year, so values change when a new base is published; the source title names the base year.

How to cite

OECD. OECD Average annual wages: total economy, per full-time equivalent employee, US dollars at constant prices and PPPs for private consumption (DSD_EARNINGS@AV_AN_WAGE). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_EARNINGS%40AV_AN_WAGE&df[ag]=OECD.ELS.SAE. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.html

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get_value {"indicator":"average_annual_wage_usd_ppp","place":"lv"}
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Questions

Average annual wage elsewhere in European Union (27)

• Netherlands
• Slovakia
• Italy
• Slovenia
• Hungary
• Sweden

Related statistics for Latvia

• Extreme poverty rate ($3.00 a day, 2021 PPP)
• Compensation of employees per hour worked
• Gini index
• Household disposable income per inhabitant in PPS
• Employment-population ratio, ages 15 and over
• Inflation, annual average
• Population living in owner-occupied homes
• Average weekly hours worked

All statistics for Latvia