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Minimum wage in Latvia (2026)

The statutory minimum wage in Latvia and the net take-home pay it leaves after tax.

Minimum wage / month
โ‚ฌ740
Net / month
โ‚ฌ634
Gross per year
โ‚ฌ8,880
Approx. per hour
โ‚ฌ4.27

The gross minimum wage in Latvia is about โ‚ฌ740 per month. After income tax and social contributions that leaves roughly โ‚ฌ634 net.

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How salary is taxed in Latvia

Income tax in Latvia is progressive: marginal rates rise from 25.5% to 36% as income grows. Employees also pay social contributions of around 10.5% of gross salary. A tax-free allowance of about โ‚ฌ6,600 per year is deducted before income tax. The standard VAT rate is 21%. For example, a gross salary of โ‚ฌ1,815 per month leaves about โ‚ฌ1,350 net, after โ‚ฌ274 income tax and โ‚ฌ191 in social contributions, an effective deduction rate of 25.6%.

Income tax brackets in Latvia (2026)
Annual taxable incomeTax rate
Up to โ‚ฌ105,30025.5%
Up to โ‚ฌ200,00033%
โ‚ฌ200,000 and above36%

Frequently asked questions

What is the minimum wage in Latvia?

The figures above show the statutory gross minimum wage in Latvia per month, with the net take-home amount after tax and social contributions.

How much is the minimum wage after tax in Latvia?

We apply the current income-tax and social-contribution rates for Latvia to the gross minimum wage to estimate the net monthly pay.

Minimum-wage figures are approximate, based on the latest available official rate.

Estimates based on 2026 rates. For guidance only, not tax advice.

Rates updated June 2026