The ratio of the basic food spending to minimum wage in Latvia stood at just below 19 percent as of January 2024. In other words, monthly expenses on the basic food basket occupied approximately one-fifth of the official minimum wage in the country. Lithuania and Estonia had a similar ratio at above 16 percent in January 2024.
Ratio of basic food spending to the minimum wage in the Baltics from January 2022 to January 2024, by country
The basic food spending was calculated by the source as the total price of a consumer basket with the following products: 10 bread loafs, 10 liters of milk, 20 eggs, 1.5 kilograms of rice, 1 kilogram of cheese, 6 kilograms of meat, 6 kilograms of fruit, and 8 kilograms of vegetables.
The statistic has been compiled from several reports by the source.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Picodi. (February 27, 2024). Ratio of basic food spending to the minimum wage in the Baltics from January 2022 to January 2024, by country [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1453586/basic-food-spending-to-minimum-wage-baltics/
Picodi. "Ratio of basic food spending to the minimum wage in the Baltics from January 2022 to January 2024, by country." Chart. February 27, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1453586/basic-food-spending-to-minimum-wage-baltics/
Picodi. (2024). Ratio of basic food spending to the minimum wage in the Baltics from January 2022 to January 2024, by country. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1453586/basic-food-spending-to-minimum-wage-baltics/
Picodi. "Ratio of Basic Food Spending to The Minimum Wage in The Baltics from January 2022 to January 2024, by Country." Statista, Statista Inc., 27 Feb 2024, https://www.statista.com/statistics/1453586/basic-food-spending-to-minimum-wage-baltics/
Picodi, Ratio of basic food spending to the minimum wage in the Baltics from January 2022 to January 2024, by country Statista, https://www.statista.com/statistics/1453586/basic-food-spending-to-minimum-wage-baltics/ (last visited November 05, 2024)
Ratio of basic food spending to the minimum wage in the Baltics from January 2022 to January 2024, by country [Graph], Picodi, February 27, 2024. [Online]. Available: https://www.statista.com/statistics/1453586/basic-food-spending-to-minimum-wage-baltics/
