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
Latest (2025)
16,720 Euro
Change on year
up 11.5%
World rank
29th
of 47 countries
All-time high
16,720 Euro
in 2025
All-time low
2,569 Euro
in 2005
Years of data
21
2005–2025
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 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 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% |
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
- 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 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 47 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
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