Mean income or consumption per day 2011 vs 2017 prices in Latvia
Latvia: Mean income or consumption per day 2011 vs 2017 prices was 33.97 in 2021. ▲ Rising
Mean income or consumption per day 2011 vs 2017 prices in Latvia, 1993–2021
Source: Our World in Data.
Analysis
Latvia recorded 33.97 for mean income or consumption per day 2011 vs 2017 prices in 2021. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 4.5% on the previous year and up 94.4% over ten years.
Over the whole period, mean income or consumption per day 2011 vs 2017 prices in Latvia peaked at 33.97 in 2021 and was at its lowest, 8.1, in 1993.
That places Latvia 30th out of 119 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Mean income or consumption per day 2011 vs 2017 prices in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1993 | 8.1 | — |
| 1995 | 9.59 | +18.4% |
| 1996 | 9.3 | -3.0% |
| 2004 | 12.77 | +37.3% |
| 2005 | 14.61 | +14.5% |
| 2006 | 17.35 | +18.7% |
| 2007 | 22.58 | +30.1% |
| 2008 | 21.99 | -2.6% |
| 2009 | 18.1 | -17.7% |
| 2010 | 17.1 | -5.5% |
| 2011 | 17.47 | +2.2% |
| 2012 | 17.95 | +2.7% |
| 2013 | 19.87 | +10.7% |
| 2014 | 21.78 | +9.6% |
| 2015 | 23.4 | +7.5% |
| 2016 | 24.58 | +5.0% |
| 2017 | 26.65 | +8.4% |
| 2018 | 29.02 | +8.9% |
| 2019 | 30.14 | +3.9% |
| 2020 | 32.5 | +7.8% |
| 2021 | 33.97 | +4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.99 | 8.1 | 9.59 | 3 |
| 2000s | 17.9 | 12.77 | 22.58 | 6 |
| 2010s | 22.8 | 17.1 | 30.14 | 10 |
| 2020s | 33.23 | 32.5 | 33.97 | 2 |
Countries ranked near Latvia
More economy & growth data for Latvia
- GDP (current US$), annual growth rate 10.49 % change on previous year (2025)
- GDP (current US$), per capita 26,312 current US$ per person (2025)
- GDP (current LCU), annual growth rate 5.84 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 0.885 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 23,285 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 2.14 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.642 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 16,892 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 2.14 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.6625 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is mean income or consumption per day 2011 vs 2017 prices in Latvia?
- Mean income or consumption per day 2011 vs 2017 prices in Latvia was 33.97 in 2021, according to Our World in Data.
- What is the highest mean income or consumption per day 2011 vs 2017 prices recorded in Latvia?
- The highest recorded value was 33.97 in 2021.
- What is the lowest mean income or consumption per day 2011 vs 2017 prices recorded in Latvia?
- The lowest recorded value was 8.1 in 1993.
- How does Latvia rank for mean income or consumption per day 2011 vs 2017 prices?
- Latvia ranks 30th out of 119 countries with data for 2021.
- Is mean income or consumption per day 2011 vs 2017 prices rising or falling in Latvia?
- Over the last ten years it is up 94.4%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Our World in Data, published as part of Mean income or consumption per day 2011 vs 2017 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (Our World in Data).