Mean and median income by group of citizenship in Latvia
Latvia: Mean and median income by group of citizenship was 20,535 Euro in 2025. ▲ Rising
Latest (2025)
20,535 Euro
Change on year
up 21.8%
World rank
26th
of 34 countries
All-time high
21,023 Euro
in 2020
All-time low
12,543 Euro
in 2017
Years of data
6
2017–2025
Mean and median income by group of citizenship in Latvia, 2017–2025
Source: Eurostat. Measured in Euro.
Analysis
Latvia recorded 20,535 Euro for mean and median income by group of citizenship in 2025.
That represents a change of up 21.8% on the previous year and up 63.7% over ten years.
Over the whole period, mean and median income by group of citizenship in Latvia peaked at 21,023 Euro in 2020 and was at its lowest, 12,543 Euro, in 2017.
Latvia ranks 26th of 34 countries on this measure, in the bottom quarter.
Mean and median income by group of citizenship in Latvia, year by year
| Year | Euro | Change |
|---|---|---|
| 2017 | 12,543 Euro | — |
| 2019 | 16,401 Euro | +30.8% |
| 2020 | 21,023 Euro | +28.2% |
| 2021 | 16,609 Euro | -21.0% |
| 2024 | 16,862 Euro | +1.5% |
| 2025 | 20,535 Euro | +21.8% |
Latvia compared with similar countries
- Latvia's 20,535 Euro is below the median for Europe & Central Asia, which is 27,152 Euro, 76% of the median. (25 countries reporting)
- Latvia's 20,535 Euro is below the median for high income countries, which is 28,633 Euro, 72% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14,472 Euro | 12,543 Euro | 16,401 Euro | 2 |
| 2020s | 18,757 Euro | 16,609 Euro | 21,023 Euro | 4 |
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 group of citizenship in Latvia?
- Mean and median income by group of citizenship in Latvia was 20,535 Euro in 2025, according to Eurostat.
- What is the highest mean and median income by group of citizenship recorded in Latvia?
- The highest recorded value was 21,023 Euro in 2020.
- What is the lowest mean and median income by group of citizenship recorded in Latvia?
- The lowest recorded value was 12,543 Euro in 2017.
- How does Latvia rank for mean and median income by group of citizenship?
- Latvia ranks 26th out of 34 countries with data for 2025.
- Is mean and median income by group of citizenship rising or falling in Latvia?
- Over the last ten years it is up 63.7%. 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 group of citizenship (population aged 18 and over). Statizoid updates them automatically from the source API.
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