🇱🇻 Europe

Latvia

Salary, tax, minimum wage and employer cost data.

CurrencyEUR (€)
VAT21%
Fiscal yearJan-Dec
Pay cycleMonthly
Employee rate10.5%
Employer rate23.7%

Minimum wage in Latvia

Monthly gross€ 740
Monthly net (est.)€ 600
Hourly gross€ 4.40
Annual gross€ 8,880
Annual net (est.)€ 7,200

Average salary

Gross annual€ 18,000
Net monthly€ 1,100

Tax brackets

20% up to 62,800
23% above

Calculate salary in Latvia

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