Key Facts: Latvia vs Cuba Wages
- Latvia Minimum Wage
- €4.50/hr ($5.24 USD)
- Cuba Minimum Wage
- $MN12.12/hr ($0.03 USD)
- Latvia Avg. Gross Monthly Salary
- €1,600 /mo ($1,863.28 USD)
- Cuba Avg. Gross Monthly Salary
- $MN6,649 /mo ($16.22 USD)
- Data Sources
- State Revenue Service (Valsts ieņēmumu dienests); 2026 figure verified via Wikipedia EU member states by minimum wage table (eff 2026-01-01) (2026-05-04), Ministerio de Trabajo y Seguridad Social (MTSS) — Cuba (2026-02-25)
Latvia
Cuba
Updated 2026-05-04
The minimum wage in Latvia is roughly 177 times higher than in Cuba in USD terms, reflecting the gap between a high-income and a upper-middle-income economy. Average gross salaries diverge further: $1,863/mo in Latvia versus $16/mo in Cuba, a 114.9:1 ratio. Cuba has the tighter labor market, with unemployment at 1.8% compared to 6.6%.
Latvia's unemployment rate is 6.6% compared to Cuba's 1.8%.
Detailed Comparison
| Metric | Latvia | Cuba |
|---|---|---|
| Minimum wage /hr | €4.50 $5.24 | $MN12.12 $0.03 |
| Minimum wage /mo | €780 $908.35 | $MN2,100 $5.12 |
| Minimum wage /yr | €9,360 $10,900.20 | $MN25,200 $61.46 |
| Avg. gross salary /mo | €1,600 /mo $1,863.28 | $MN6,649 /mo $16.22 |
| Avg. net salary /mo | €1,180 /mo $1,374.17 | $MN6,300 /mo $15.37 |
| Median individual income /yr | €10,200 /yr $11,878.42 | $MN48,000 /yr $117.07 |
Percentage differences are based on USD equivalent values. Positive means Latvia is higher.
Work Week
- Latvia
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 2x pay
Standard workweek is 40 hours. Overtime is limited and must be compensated at 100% premium (double rate). Night work premium at least 50%. Overtime not to exceed 144 hours in a 4-month period.
- Cuba
-
44 hrs/wk standard
Max 44 hrs/wk
Overtime : 1.25x pay
Labour Code sets standard working hours at 8 hours/day and 44 hours/week. Overtime is paid at 125% of normal rate. Some sectors work 40 hours/week.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker moving from Cuba to Latvia would see a 17628% increase in USD-equivalent hourly earnings. Standard work weeks differ: Latvia mandates 40 hours while Cuba mandates 44 hours. A minimum wage worker's weekly earnings in Latvia are $210 vs $1 in Cuba.
See this comparison from Cuba's perspective: Cuba vs Latvia
Compare Latvia with...
Frequently Asked Questions
Is the minimum wage higher in Latvia or Cuba?
In Latvia, the minimum wage is €4.50/hr ($5.24 USD). In Cuba, it is $MN12.12/hr ($0.03 USD). Latvia has the higher rate by 17628% in USD terms. That nominal gap does not account for local prices; see the purchasing power comparison below for a cost-of-living-adjusted view. Workers in Cuba may retain a larger share of their earnings if prices there are lower.
How much more does the average worker earn in Latvia compared to Cuba?
The average gross salary in Latvia is €1,600/mo ($1,863.28 USD), compared to $MN6,649/mo ($16.22 USD) in Cuba. In USD terms, workers in Latvia earn approximately 11390% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Latvia and Cuba is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Latvia earn more in nominal terms, though how far that income stretches depends on local prices in Cuba.
How do work hours compare between Latvia and Cuba?
Cuba has a longer standard work week at 44 hours, compared to 40 hours in Latvia. Workers in Latvia work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Latvia working fewer hours may have comparable or better effective hourly earnings depending on the wage levels of each country. Total annual compensation depends on both the wage rate and the number of hours required.