2 September, 2022 seen 34Nida Pebble beach is the most Southern public beach of Latvia located on the Baltic sea shores just 1 km from the…
During the past 5 years minimum wages across the Baltics have experienced a steep increase, and in some cases even doubled. When compared to 2018, Estonia's minimum wage has increased by EUR 225, Latvia's by EUR 220, and Lithuania's by a whooping EUR 400.
Despite pretty decent increases in the Baltic States, minimum wages here are still among the lowest in the European Union. See: Minimum Wages in European Union 2022
On the other hand, it seems that the Baltics will reach EUR 1,000 gross minimum wage in the next 3-5 years. It seems either Lithuania or Estonia will get there first.
Also, I believe the minimum wage will double in all three countries by 2033. And my bet is Estonia EUR 1,500, Latvia EUR 1,300, and Lithuania EUR 1,600.
Now, let's see if I'll be able to take at least the Latvian minimum wage from dividend stocks and options trading by the end of 2023.