Median income or consumption per day vs. GDP per capita in Latvia
Latvia: Median income or consumption per day vs. GDP per capita was 32.95 international-$ in 2021 prices in 2023. ▲ Rising
Latest (2023)
32.95 international-$ in 2021 prices
Change on year
up 4.1%
World rank
31st
of 118 countries
All-time high
33.92 international-$ in 2021 prices
in 2021
All-time low
8.5 international-$ in 2021 prices
in 1993
Years of data
23
1993–2023
Median 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
Latvia recorded 32.95 international-$ in 2021 prices for median income or consumption per day vs. gdp per capita in 2023.
Compared with earlier readings it is up 4.1% on the previous year and up 72.2% over ten years.
Over the whole period, median income or consumption per day vs. gdp per capita in Latvia peaked at 33.92 international-$ in 2021 prices in 2021 and was at its lowest, 8.5 international-$ in 2021 prices, in 1993.
That places Latvia 31st out of 118 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Median income or consumption per day vs. GDP per capita in Latvia, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1993 | 8.5 international-$ in 2021 prices | — |
| 1995 | 9.95 international-$ in 2021 prices | +17.1% |
| 1996 | 9.68 international-$ in 2021 prices | -2.7% |
| 2004 | 12.06 international-$ in 2021 prices | +24.6% |
| 2005 | 13.31 international-$ in 2021 prices | +10.4% |
| 2006 | 16.54 international-$ in 2021 prices | +24.2% |
| 2007 | 21.54 international-$ in 2021 prices | +30.2% |
| 2008 | 21.34 international-$ in 2021 prices | -0.9% |
| 2009 | 17.82 international-$ in 2021 prices | -16.5% |
| 2010 | 17.62 international-$ in 2021 prices | -1.1% |
| 2011 | 17.17 international-$ in 2021 prices | -2.6% |
| 2012 | 17.73 international-$ in 2021 prices | +3.2% |
| 2013 | 19.13 international-$ in 2021 prices | +7.9% |
| 2014 | 21.18 international-$ in 2021 prices | +10.7% |
| 2015 | 23.07 international-$ in 2021 prices | +9.0% |
| 2016 | 24.38 international-$ in 2021 prices | +5.7% |
| 2017 | 26.3 international-$ in 2021 prices | +7.9% |
| 2018 | 28.32 international-$ in 2021 prices | +7.7% |
| 2019 | 29.69 international-$ in 2021 prices | +4.8% |
| 2020 | 31.49 international-$ in 2021 prices | +6.0% |
| 2021 | 33.92 international-$ in 2021 prices | +7.7% |
| 2022 | 31.64 international-$ in 2021 prices | -6.7% |
| 2023 | 32.95 international-$ in 2021 prices | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.38 international-$ in 2021 prices | 8.5 international-$ in 2021 prices | 9.95 international-$ in 2021 prices | 3 |
| 2000s | 17.1 international-$ in 2021 prices | 12.06 international-$ in 2021 prices | 21.54 international-$ in 2021 prices | 6 |
| 2010s | 22.46 international-$ in 2021 prices | 17.17 international-$ in 2021 prices | 29.69 international-$ in 2021 prices | 10 |
| 2020s | 32.5 international-$ in 2021 prices | 31.49 international-$ in 2021 prices | 33.92 international-$ in 2021 prices | 4 |
Countries ranked near Latvia
- 28 Croatia 36.73 international-$ in 2021 prices compare
- 29 Estonia 36.52 international-$ in 2021 prices compare
- 30 Portugal 33.68 international-$ in 2021 prices compare
- 32 Bulgaria 30.18 international-$ in 2021 prices compare
- 33 Romania 29.85 international-$ in 2021 prices compare
- 34 Malaysia 29.55 international-$ in 2021 prices compare
More economy & growth data for Latvia
- Gross capital formation (current US$), annual growth rate 23.84 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2406 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 6,330 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 18.62 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.2129 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 5,601 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 18.33 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2098 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 5,519 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 11.67 % change on previous year (2025)
Frequently asked questions
- What is median income or consumption per day vs. gdp per capita in Latvia?
- Median income or consumption per day vs. gdp per capita in Latvia was 32.95 international-$ 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 median income or consumption per day vs. gdp per capita recorded in Latvia?
- The highest recorded value was 33.92 international-$ in 2021 prices in 2021.
- What is the lowest median income or consumption per day vs. gdp per capita recorded in Latvia?
- The lowest recorded value was 8.5 international-$ in 2021 prices in 1993.
- How does Latvia rank for median income or consumption per day vs. gdp per capita?
- Latvia ranks 31st out of 118 countries with data for 2023.
- Is median income or consumption per day vs. gdp per capita rising or falling in Latvia?
- Over the last ten years it is up 72.2%. 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 Median income or consumption per day vs. GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Value of income or consumption per day below which 50% of the population live.