Key Points
- Latvia will increase its national minimum wage requirements to EUR 700 beginning January 1, 2023
Overview
The government of Latvia will increase the national minimum wage to EUR 700 beginning January 1, 2024. Currently, the national minimum wage is set at EUR 620. The adopted Regulation applies to employers and employees.
What are the Changes?
Beginning January 1, 2023, Latvia will increase its national minimum wage requirements to EUR 700. According to the announcement, these measures will better align the country’s minimum wage requirements with the standard of living throughout the country.
Looking Ahead
Continue to check the government of Latvia’s website for the latest updates and information.
Written by: Jessie Butchley, Global Immigration Writer, Envoy Global
Source: Cabinet of Ministries, Republic of Latvia
