Latvia’s minimum monthly wage rose from EUR 700 to EUR 740 as of 1 January 2025, BNS reports. The minimum wage will gradually transition to a percentage of the national average wage. Welfare Minister Uldis Augulis said that the change would improve the living standards of lower-paid workers. According to data from the Central Statistical Bureau (CSP), 18.6% of private sector and 12.6% of public sector employees earned the minimum wage or less in 2024.
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