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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 flag Latvia Cuba flag Cuba

Updated 2026-05-04

Latvia flag Latvia

Minimum Wage

€4.50 /hr

$5.24 USD

Avg. Gross Salary

€1,600 /mo

Cuba flag Cuba

Minimum Wage

$MN12.12 /hr

$0.03 USD

Avg. Gross Salary

$MN6,649 /mo

Min wage: +17628% Latvia vs Cuba Avg. salary: +11390% Latvia vs Cuba

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

Detailed wage comparison between Latvia and Cuba
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)

Latvia Cuba Source: wage.is · USD equivalent/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.