Mean and median income by ability to make ends meet in Latvia
Latvia: Mean and median income by ability to make ends meet was 13,233 Euro in 2025. ▲ Rising
Mean and median income by ability to make ends meet in Latvia, 2005–2025
Source: Eurostat. Measured in Euro.
Analysis
The most recent figure for mean and median income by ability to make ends meet in Latvia is 13,233 Euro, measured in 2025. That is the highest value across all 20 years on record.
The figure is up 5.3% on the previous year and up 123.6% over ten years.
Over the whole period, mean and median income by ability to make ends meet in Latvia peaked at 13,233 Euro in 2025 and was at its lowest, 2,317 Euro, in 2005.
That places Latvia 31st out of 49 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Mean and median income by ability to make ends meet in Latvia, year by year
| Year | Euro | Change |
|---|---|---|
| 2005 | 2,317 Euro | — |
| 2006 | 2,735 Euro | +18.0% |
| 2007 | 3,564 Euro | +30.3% |
| 2008 | 5,003 Euro | +40.4% |
| 2009 | 5,766 Euro | +15.3% |
| 2010 | 4,984 Euro | -13.6% |
| 2011 | 4,749 Euro | -4.7% |
| 2012 | 4,870 Euro | +2.5% |
| 2013 | 5,153 Euro | +5.8% |
| 2014 | 5,608 Euro | +8.8% |
| 2015 | 5,917 Euro | +5.5% |
| 2016 | 6,587 Euro | +11.3% |
| 2017 | 6,765 Euro | +2.7% |
| 2018 | 7,181 Euro | +6.1% |
| 2020 | 8,341 Euro | +16.2% |
| 2021 | 8,486 Euro | +1.7% |
| 2022 | 9,703 Euro | +14.3% |
| 2023 | 10,640 Euro | +9.7% |
| 2024 | 12,567 Euro | +18.1% |
| 2025 | 13,233 Euro | +5.3% |
Latvia compared with similar countries
- Latvia's 13,233 Euro is below the median for Europe & Central Asia, which is 17,226 Euro, 77% of the median. (34 countries reporting)
- Latvia's 13,233 Euro is below the median for high income countries, which is 18,488 Euro, 72% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3,877 Euro | 2,317 Euro | 5,766 Euro | 5 |
| 2010s | 5,757 Euro | 4,749 Euro | 7,181 Euro | 9 |
| 2020s | 10,495 Euro | 8,341 Euro | 13,233 Euro | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Real gdp growth, annual growth rate 96.07 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
Frequently asked questions
- What is mean and median income by ability to make ends meet in Latvia?
- Mean and median income by ability to make ends meet in Latvia was 13,233 Euro in 2025, according to Eurostat.
- What is the highest mean and median income by ability to make ends meet recorded in Latvia?
- The highest recorded value was 13,233 Euro in 2025.
- What is the lowest mean and median income by ability to make ends meet recorded in Latvia?
- The lowest recorded value was 2,317 Euro in 2005.
- How does Latvia rank for mean and median income by ability to make ends meet?
- Latvia ranks 31st out of 49 countries with data for 2025.
- Is mean and median income by ability to make ends meet rising or falling in Latvia?
- Over the last ten years it is up 123.6%. 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 by ability to make ends meet. Statizoid updates them automatically from the source API.
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