Lithuania Minimum Wage Rate 2018
Lithuania has a government-mandated minimum wage, and no worker in Lithuania can be paid less then this mandatory minimum rate of pay. Employers in Lithuania who fail to pay the Minimum Wage may be subject to punishment by Lithuania's government.
What is the Lithuania Minimum Wage?
Lithuania's Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid.
The minimum wage in Lithuania is €380 per month ($425.23),dividing to €2.31 per hour ($2.57). Lithuania's minimum wage was last changed in 1-Jul-2016.
How does Lithuania's minimum wage compare to the minimum wage in other countries?
Lithuania's yearly minimum wage is $5,759.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. There are 35 countries with a higher Minimum Wage then Lithuania, and Lithuania is in the top 18 percent of all countries based on the yearly minimum wage rate.
Facts and statistics about Lithuania
Lithuania is a country located in the Baltic Countries region with a population of 3,698,500 and an average life span of 69.1 years.
|Gross National Product||$10,692.00|
|Current Leader||Valdas Adamkus|
|Continent & Region||Europe, Baltic Countries|
|Surface Area||65,301 square kilometers|
|ISO 3166 Country Code||LT|
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