1-Year Change
+3.3%
vs 2024
5-Year Change
+12.3%
vs 2020
Overall Price Level
52.2
2024 · United States = 100
Latvia's latest PPP-adjusted average wage is $44,709 for 2025. Follow the reported wage history, inspect eight consumer price categories for 2024, and open direct country comparisons without blending the two datasets or filling unavailable years. The page keeps the two measurement bases explicit.
Wage data: 2025 · Price data: 2024
Wage History
Track PPP-adjusted average annual wages in constant prices over time.
PPP-adjusted annual wage (USD)
USD PPP, constant 2025 prices
Wage Key Facts
Latest Wage
$44,709
Latest Year
2025
1-Year Change
+3.3%
5-Year Change
+12.3%
10-Year Change
+38.8%
Historical Peak
$44,709
Peak Year
2025
Change From Peak
0.0%
What the Wage Trend Shows
Latvia's statutory wage floor, Riga-regional gap, and migration context accompany rapid convergence. Strong percentage growth should not be mistaken for western European wage levels.
The long view is substantial catch-up from a low base. Recent nominal increases need a separate real purchasing-power reading when conditions weaken it.
Consumer Price Levels
Compare eight consumer price categories with the United States benchmark of 100.
United States = 100
What Prices Look Like
Highest: Clothing
Clothing has the highest relative price level among the available categories, at 92.5 (United States = 100).
Lowest: Health
Health is the lowest at 31, −69.0 index points against the United States benchmark.
Overall vs United States
The overall price level is 52.2, below the United States benchmark (−47.8 index points).
Wage and Price Snapshot
Read the latest wage record and the selected price benchmark together, without merging their years.
The latest available PPP-adjusted average wage for Latvia is $44,709 for 2025. Its one-year change is +3.3%, while the ten-year change is +38.8%.
All eight consumer price categories have a reported value for 2024. 0 reported categories are above the United States benchmark, 8 are below it, and 0 are at 100.
The wage observation is from 2025, while the selected consumer price view is for 2024. They remain separate records on this page and are not combined into a same-year score.
- Latest wage recordWage year 2025
- $44,709
- Price category coveragePrice year 2024
- 8 of 8
- Relative to United States8 below, 0 at 100
- 0 above
Compare Latvia
See how Latvia's wages and price levels compare with other OECD economies.
Portugal$44,937+0.5%higher
Costa Rica$44,431−0.6%lower
Czechia$43,607−2.5%lower
Estonia$41,019−8.3%lower
Chile$40,626−9.1%lower
Poland$49,074+9.8%higher
Japan$50,183+12.2%higher
Hungary$39,145−12.4%lower
Slovakia$37,832−15.4%lower
Italy$53,864+20.5%higherLatvia's latest PPP-adjusted average wage is $44,709 for 2025. Follow the reported wage history, inspect eight consumer price categories for 2024, and open direct country comparisons without blending the two datasets or filling unavailable years. The page keeps the two measurement bases explicit.
1-Year Change
+3.3%
vs 2024
5-Year Change
+12.3%
vs 2020
Overall Price Level
52.2
2024 · United States = 100
Wage data: 2025 · Price data: 2024
Open custom comparisonSimilar Economies
Frequently Asked Questions
What is the average annual wage in Latvia?
The most recent figure is $44,709 for 2025, expressed in USD PPP at constant 2025 prices. That basis adjusts for price level differences between economies, so it is not a local-currency salary. The year remains visible because wage and consumer price records do not necessarily cover the same period.
How has the average wage changed in Latvia?
It is currently at the top of its series: $44,709 in 2025, which is also the historical peak. The ten-year change is +38.8%. Each percentage compares reported observations in the same wage series; missing values are not estimated.
What are consumer price levels like in Latvia?
Against the United States benchmark of 100, the overall level is 52.2. Clothing is the most expensive category at 92.5, and Health the least at 31. These are relative price indices for 2024, not prices in a local currency.
Is the average wage in Latvia close to its historical peak?
It is the peak. The latest year (2025) records the highest value in the series, $44,709, and no earlier year in the data is higher. The answer is limited to the values shown in this country record and does not add a cross-country ranking.
Wage data
OECD Average Annual Wages
Price data
OECD Comparative Price Levels
Reported coverage
Wages through 2025 · Prices through 2024