Mean and median income by age and sex in Latvia
Latvia: Mean and median income by age and sex was 16,720 Euro in 2025. ▲ Rising
Mean and median income by age and sex in Latvia, 2005–2025
Source: Eurostat. Measured in Euro.
Analysis
In 2025, mean and median income by age and sex in Latvia stood at 16,720 Euro. That is the highest value across all 21 years on record.
That represents a change of up 11.5% on the previous year and up 139.9% over ten years.
Over the whole period, mean and median income by age and sex in Latvia peaked at 16,720 Euro in 2025 and was at its lowest, 2,569 Euro, in 2005.
Latvia ranks 29th of 49 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 by age and sex in Latvia, year by year
| Year | Euro | Change |
|---|---|---|
| 2005 | 2,569 Euro | — |
| 2006 | 3,212 Euro | +25.0% |
| 2007 | 4,080 Euro | +27.0% |
| 2008 | 5,798 Euro | +42.1% |
| 2009 | 6,479 Euro | +11.7% |
| 2010 | 5,466 Euro | -15.6% |
| 2011 | 5,131 Euro | -6.1% |
| 2012 | 5,463 Euro | +6.5% |
| 2013 | 5,732 Euro | +4.9% |
| 2014 | 6,324 Euro | +10.3% |
| 2015 | 6,970 Euro | +10.2% |
| 2016 | 7,526 Euro | +8.0% |
| 2017 | 7,831 Euro | +4.1% |
| 2018 | 8,738 Euro | +11.6% |
| 2019 | 9,749 Euro | +11.6% |
| 2020 | 10,413 Euro | +6.8% |
| 2021 | 11,240 Euro | +7.9% |
| 2022 | 12,033 Euro | +7.1% |
| 2023 | 13,148 Euro | +9.3% |
| 2024 | 14,991 Euro | +14.0% |
| 2025 | 16,720 Euro | +11.5% |
Latvia compared with similar countries
- Latvia's 16,720 Euro is below the median for Europe & Central Asia, which is 22,490 Euro, 74% of the median. (34 countries reporting)
- Latvia's 16,720 Euro is below the median for high income countries, which is 25,011 Euro, 67% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Mean and median income by age and sex 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 | +42.1% | 4,080 Euro | 5,798 Euro |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4,428 Euro | 2,569 Euro | 6,479 Euro | 5 |
| 2010s | 6,893 Euro | 5,131 Euro | 9,749 Euro | 10 |
| 2020s | 13,091 Euro | 10,413 Euro | 16,720 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 age and sex in Latvia?
- Mean and median income by age and sex in Latvia was 16,720 Euro in 2025, according to Eurostat.
- What is the highest mean and median income by age and sex recorded in Latvia?
- The highest recorded value was 16,720 Euro in 2025.
- What is the lowest mean and median income by age and sex recorded in Latvia?
- The lowest recorded value was 2,569 Euro in 2005.
- How does Latvia rank for mean and median income by age and sex?
- Latvia ranks 29th out of 49 countries with data for 2025.
- Is mean and median income by age and sex rising or falling in Latvia?
- Over the last ten years it is up 139.9%. 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 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).