Latvia Salary Calculator
Calculate your take-home salary after taxes and deductions in Latvia
Calculate Your Net Salary
Enter your gross salary to see your take-home pay and deductions
Tax Breakdown for Latvia
Detailed breakdown of all taxes and contributionsSource: State Revenue Service of Latvia
Latvia Tax Breakdown 2025
With a gross annual income of €0, our Salary After Tax Calculator for Latvia estimates your net monthly income to be around €0.
Here is an itemized breakdown of the deductions applied to employment income in Latvia, as precisely computed by our salary after tax calculator:
Item | Yearly Amount | Monthly Amount |
---|---|---|
Gross Income | €0 | €0 |
Social Security Contribution | €0 | €0 |
Income Tax | €0 | €0 |
Solidarity Tax | €0 | €0 |
Net Income (Take-Home Pay) | €0 | €0 |
Understanding Your Tax Breakdown
- Your gross annual salary of €0 is subject to 3 main deductions in Latvia.
- The largest deduction is Social Security Contribution, at €0 per year.
- Your final take-home pay is €0 per month, or €0 annually.
Your Salary in Other Currencies
See how much your net salary of €0 is worth in other major currencies at today's exchange rates.
Minimum Salary in Latvia
Source: Latvia's Ministry of Welfare
In Latvia, the national minimum wage is set at EUR 740 per month for 2025. This equates to an annual income of EUR 8,880.
After accounting for taxes, social security contributions, and solidarity tax, an individual on the Latvian minimum wage would net approximately EUR 585 each month. Latvia's minimum wage aims to provide a basic standard of living and is scheduled to increase progressively: EUR 780 in 2026, EUR 820 in 2027, and EUR 860 in 2028.
Average Salary in Latvia
Average Salaries in Latvia (2025)
The latest data indicates that the average yearly salary in Latvia is approximately €15,600. This figure can vary significantly based on factors such as job role, experience level, and the specific industry of employment. The median monthly gross salary in Latvia is estimated to be €1,300, with variations depending on the region.
Annual Average
€15,600
Monthly Average
€1,300
In Latvia, industries like IT, finance, and logistics are known for offering competitive salaries. Below is a detailed breakdown of median salaries by region within Latvia. Additionally, insights into net salaries after tax deductions are provided to give a better understanding of potential take-home pay.
Salary Ranges by Experience Level
Entry Level
€10,920 - €14,040
Mid Level
€14,040 - €20,280
Senior Level
€20,280+
Regional Salary Variations in Latvia
Region | Monthly Gross Salary | Monthly Net Salary |
---|---|---|
Riga | €1,500 | €1,150 |
Jurmala | €1,400 | €1,080 |
Daugavpils | €1,200 | €940 |
Liepaja | €1,300 | €1,010 |
Jelgava | €1,250 | €975 |
Key Salary Insights
- Highest paying region: Riga with average gross salary of €1,500
- Lowest paying region: Daugavpils with average gross salary of €1,200
- Average take-home pay ratio: 78% of gross salary
- Salary range variation: Up to 25% difference between regions
Important Information
This calculator provides estimates for general informational purposes only. Tax regulations can change frequently and calculations may not reflect your exact situation.
For accurate, personalized tax advice, please consult a qualified tax professional in Latvia. This tool should not be used as a substitute for professional financial advice.
Always verify your tax obligations with official sources before making financial decisions.