Mean income or consumption per day vs. GDP per capita in Latvia
Latvia: Mean income or consumption per day vs. GDP per capita was 40.02 international-$ in 2021 prices in 2023. ▲ Rising
Latest (2023)
40.02 international-$ in 2021 prices
Change on year
up 5.3%
World rank
31st
of 118 countries
All-time high
40.9 international-$ in 2021 prices
in 2021
All-time low
9.75 international-$ in 2021 prices
in 1993
Years of data
23
1993–2023
Mean income or consumption per day vs. GDP per capita in Latvia, 1993–2023
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for mean income or consumption per day vs. gdp per capita in Latvia is 40.02 international-$ in 2021 prices, measured in 2023.
Compared with earlier readings it is up 5.3% on the previous year and up 67.2% over ten years.
Over the whole period, mean income or consumption per day vs. gdp per capita in Latvia peaked at 40.9 international-$ in 2021 prices in 2021 and was at its lowest, 9.75 international-$ in 2021 prices, in 1993.
Latvia ranks 31st of 118 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Mean income or consumption per day vs. GDP per capita in Latvia, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1993 | 9.75 international-$ in 2021 prices | — |
| 1995 | 11.55 international-$ in 2021 prices | +18.4% |
| 1996 | 11.2 international-$ in 2021 prices | -3.0% |
| 2004 | 15.38 international-$ in 2021 prices | +37.3% |
| 2005 | 17.6 international-$ in 2021 prices | +14.5% |
| 2006 | 20.89 international-$ in 2021 prices | +18.7% |
| 2007 | 27.19 international-$ in 2021 prices | +30.1% |
| 2008 | 26.48 international-$ in 2021 prices | -2.6% |
| 2009 | 21.8 international-$ in 2021 prices | -17.7% |
| 2010 | 20.6 international-$ in 2021 prices | -5.5% |
| 2011 | 21.04 international-$ in 2021 prices | +2.2% |
| 2012 | 21.62 international-$ in 2021 prices | +2.7% |
| 2013 | 23.93 international-$ in 2021 prices | +10.7% |
| 2014 | 26.23 international-$ in 2021 prices | +9.6% |
| 2015 | 28.18 international-$ in 2021 prices | +7.5% |
| 2016 | 29.6 international-$ in 2021 prices | +5.0% |
| 2017 | 32.09 international-$ in 2021 prices | +8.4% |
| 2018 | 34.95 international-$ in 2021 prices | +8.9% |
| 2019 | 36.3 international-$ in 2021 prices | +3.9% |
| 2020 | 39.13 international-$ in 2021 prices | +7.8% |
| 2021 | 40.9 international-$ in 2021 prices | +4.5% |
| 2022 | 37.99 international-$ in 2021 prices | -7.1% |
| 2023 | 40.02 international-$ in 2021 prices | +5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.83 international-$ in 2021 prices | 9.75 international-$ in 2021 prices | 11.55 international-$ in 2021 prices | 3 |
| 2000s | 21.56 international-$ in 2021 prices | 15.38 international-$ in 2021 prices | 27.19 international-$ in 2021 prices | 6 |
| 2010s | 27.45 international-$ in 2021 prices | 20.6 international-$ in 2021 prices | 36.3 international-$ in 2021 prices | 10 |
| 2020s | 39.51 international-$ in 2021 prices | 37.99 international-$ in 2021 prices | 40.9 international-$ in 2021 prices | 4 |
Countries ranked near Latvia
- 28 Czechia 43.35 international-$ in 2021 prices compare
- 29 Croatia 41.35 international-$ in 2021 prices compare
- 30 Portugal 41.07 international-$ in 2021 prices compare
- 32 Malaysia 39.7 international-$ in 2021 prices compare
- 33 Türkiye 39.43 international-$ in 2021 prices compare
- 34 Bulgaria 39.41 international-$ in 2021 prices compare
More economy & growth data for Latvia
- Imports of goods and services (constant 2015 US$), annual growth rate 5.72 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5233 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 13,770 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -219.63 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -206.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 7.48 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0355 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 933.65 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -3.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0183 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is mean income or consumption per day vs. gdp per capita in Latvia?
- Mean income or consumption per day vs. gdp per capita in Latvia was 40.02 international-$ in 2021 prices in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest mean income or consumption per day vs. gdp per capita recorded in Latvia?
- The highest recorded value was 40.9 international-$ in 2021 prices in 2021.
- What is the lowest mean income or consumption per day vs. gdp per capita recorded in Latvia?
- The lowest recorded value was 9.75 international-$ in 2021 prices in 1993.
- How does Latvia rank for mean income or consumption per day vs. gdp per capita?
- Latvia ranks 31st out of 118 countries with data for 2023.
- Is mean income or consumption per day vs. gdp per capita rising or falling in Latvia?
- Over the last ten years it is up 67.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Mean income or consumption per day vs. GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Average income or consumption of the population per day.