Mean and median income before social transfers (pensions excluded) in Latvia
Latvia: Mean and median income before social transfers (pensions excluded) was 15,377 Euro in 2025. ▲ Rising
Mean and median income before social transfers (pensions excluded) in Latvia, 2005–2025
Source: Eurostat. Measured in Euro.
Analysis
Latvia recorded 15,377 Euro for mean and median income before social transfers (pensions excluded) in 2025. That is the highest value across all 21 years on record.
That represents a change of up 12.3% on the previous year and up 138.2% over ten years.
Over the whole period, mean and median income before social transfers (pensions excluded) in Latvia peaked at 15,377 Euro in 2025 and was at its lowest, 2,403 Euro, in 2005.
Latvia ranks 29th of 47 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Mean and median income before social transfers (pensions excluded) in Latvia, year by year
| Year | Euro | Change |
|---|---|---|
| 2005 | 2,403 Euro | — |
| 2006 | 3,019 Euro | +25.6% |
| 2007 | 3,805 Euro | +26.0% |
| 2008 | 5,420 Euro | +42.4% |
| 2009 | 5,984 Euro | +10.4% |
| 2010 | 4,846 Euro | -19.0% |
| 2011 | 4,582 Euro | -5.4% |
| 2012 | 5,013 Euro | +9.4% |
| 2013 | 5,299 Euro | +5.7% |
| 2014 | 5,835 Euro | +10.1% |
| 2015 | 6,456 Euro | +10.6% |
| 2016 | 6,908 Euro | +7.0% |
| 2017 | 7,148 Euro | +3.5% |
| 2018 | 8,018 Euro | +12.2% |
| 2019 | 8,869 Euro | +10.6% |
| 2020 | 9,485 Euro | +6.9% |
| 2021 | 10,139 Euro | +6.9% |
| 2022 | 10,639 Euro | +4.9% |
| 2023 | 11,777 Euro | +10.7% |
| 2024 | 13,694 Euro | +16.3% |
| 2025 | 15,377 Euro | +12.3% |
Latvia compared with similar countries
- Latvia's 15,377 Euro is below the median for Europe & Central Asia, which is 20,790 Euro, 74% of the median. (34 countries reporting)
- Latvia's 15,377 Euro is below the median for high income countries, which is 23,375 Euro, 66% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Mean and median income before social transfers (pensions excluded) in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +42.4% | 3,805 Euro | 5,420 Euro |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4,126 Euro | 2,403 Euro | 5,984 Euro | 5 |
| 2010s | 6,297 Euro | 4,582 Euro | 8,869 Euro | 10 |
| 2020s | 11,852 Euro | 9,485 Euro | 15,377 Euro | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is mean and median income before social transfers (pensions excluded) in Latvia?
- Mean and median income before social transfers (pensions excluded) in Latvia was 15,377 Euro in 2025, according to Eurostat.
- What is the highest mean and median income before social transfers (pensions excluded) recorded in Latvia?
- The highest recorded value was 15,377 Euro in 2025.
- What is the lowest mean and median income before social transfers (pensions excluded) recorded in Latvia?
- The lowest recorded value was 2,403 Euro in 2005.
- How does Latvia rank for mean and median income before social transfers (pensions excluded)?
- Latvia ranks 29th out of 47 countries with data for 2025.
- Is mean and median income before social transfers (pensions excluded) rising or falling in Latvia?
- Over the last ten years it is up 138.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Mean and median income before social transfers (pensions excluded from social transfers) by age and sex. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (Eurostat).