How does Latvia rank for median income or consumption per day (2011 prices)?

Latvia ranks 30th out of 119 countries with data for 2021.

Is median income or consumption per day (2011 prices) rising or falling in Latvia?

Over the last ten years it is up 97.6%. 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 (2024) – with major processing by Our World in Data, published as part of Median income or consumption per day (2011 prices). Statizoid updates them automatically from the source API.

Median income or consumption per day (2011 prices) in Latvia

Name: Median income or consumption per day (2011 prices) in Latvia
Creator: World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data
License: CC BY 4.0 (Our World in Data)

Latvia: Median income or consumption per day (2011 prices) was 28.16 international-$ in 2011 prices in 2021. ▲ Rising

Latest (2021)

28.16 international-$ in 2011 prices

Change on year

up 7.7%

World rank

30th

of 119 countries

All-time high

28.16 international-$ in 2011 prices

in 2021

All-time low

7.06 international-$ in 2011 prices

in 1993

Years of data

1993–2021

Median income or consumption per day (2011 prices) in Latvia, 1993–2021

Source: World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Measured in international-$ in 2011 prices.

Analysis

The most recent figure for median income or consumption per day (2011 prices) in Latvia is 28.16 international-$ in 2011 prices, measured in 2021. That is the highest value across all 21 years on record.

That represents a change of up 7.7% on the previous year and up 97.6% over ten years.

Over the whole period, median income or consumption per day (2011 prices) in Latvia peaked at 28.16 international-$ in 2011 prices in 2021 and was at its lowest, 7.06 international-$ in 2011 prices, 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.

Median income or consumption per day (2011 prices) in Latvia, year by year

Annual values for Median income or consumption per day (2011 prices) in Latvia, 1993 to 2021.
Year	international-$ in 2011 prices	Change
1993	7.06 international-$ in 2011 prices	—
1995	8.27 international-$ in 2011 prices	+17.1%
1996	8.04 international-$ in 2011 prices	-2.7%
2004	10.02 international-$ in 2011 prices	+24.6%
2005	11.06 international-$ in 2011 prices	+10.4%
2006	13.73 international-$ in 2011 prices	+24.2%
2007	17.89 international-$ in 2011 prices	+30.2%
2008	17.72 international-$ in 2011 prices	-0.9%
2009	14.8 international-$ in 2011 prices	-16.5%
2010	14.63 international-$ in 2011 prices	-1.1%
2011	14.26 international-$ in 2011 prices	-2.6%
2012	14.72 international-$ in 2011 prices	+3.2%
2013	15.89 international-$ in 2011 prices	+7.9%
2014	17.59 international-$ in 2011 prices	+10.7%
2015	19.16 international-$ in 2011 prices	+9.0%
2016	20.25 international-$ in 2011 prices	+5.7%
2017	21.84 international-$ in 2011 prices	+7.9%
2018	23.52 international-$ in 2011 prices	+7.7%
2019	24.66 international-$ in 2011 prices	+4.8%
2020	26.15 international-$ in 2011 prices	+6.0%
2021	28.16 international-$ in 2011 prices	+7.7%

Averages by decade

Decade	Average	Lowest	Highest	Years
1990s	7.79 international-$ in 2011 prices	7.06 international-$ in 2011 prices	8.27 international-$ in 2011 prices	3
2000s	14.2 international-$ in 2011 prices	10.02 international-$ in 2011 prices	17.89 international-$ in 2011 prices	6
2010s	18.65 international-$ in 2011 prices	14.26 international-$ in 2011 prices	24.66 international-$ in 2011 prices	10
2020s	27.16 international-$ in 2011 prices	26.15 international-$ in 2011 prices	28.16 international-$ in 2011 prices	2

Countries ranked near Latvia

27 Israel 31.66 international-$ in 2011 prices compare
28 Poland 31.32 international-$ in 2011 prices compare
29 Lithuania 30.86 international-$ in 2011 prices compare
31 Hungary 28.09 international-$ in 2011 prices compare
32 Portugal 26.44 international-$ in 2011 prices compare
33 Croatia 24.73 international-$ in 2011 prices compare

See the full ranking of 119 places →

More economy & growth data for Latvia

Services, value added (constant LCU), per capita 11,613 constant LCU per person (2025)
GDP deflator (base year varies by country), annual growth rate 3.62 % change on previous year (2025)
Gross value added at basic prices (GVA) (current US$), annual growth 10.14 % change on previous year (2025)
Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8694 current US$ per US$ of GDP (2025)
Gross value added at basic prices (GVA) (current US$), per capita 22,876 current US$ per person (2025)
Gross value added at basic prices (GVA) (current LCU), annual growth 5.5 % change on previous year (2025)
Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7694 current LCU per US$ of GDP (2025)
Gross value added at basic prices (GVA) (current LCU), per capita 20,244 current LCU per person (2025)
Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.99 % change on previous year (2025)
Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5567 constant 2015 US$ per US$ of GDP (2025)

All data for Latvia →

Frequently asked questions

What is median income or consumption per day (2011 prices) in Latvia?: Median income or consumption per day (2011 prices) in Latvia was 28.16 international-$ in 2011 prices in 2021, according to World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data.
What is the highest median income or consumption per day (2011 prices) recorded in Latvia?: The highest recorded value was 28.16 international-$ in 2011 prices in 2021.
What is the lowest median income or consumption per day (2011 prices) recorded in Latvia?: The lowest recorded value was 7.06 international-$ in 2011 prices in 1993.
How does Latvia rank for median income or consumption per day (2011 prices)?: Latvia ranks 30th out of 119 countries with data for 2021.
Is median income or consumption per day (2011 prices) rising or falling in Latvia?: Over the last ten years it is up 97.6%. 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 (2024) – with major processing by Our World in Data, published as part of Median income or consumption per day (2011 prices). Statizoid updates them automatically from the source API.

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Median income or consumption per day (2011 prices) in Latvia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Retrieved 30 August 2026, from https://economy.statizoid.com/stat/median-income-or-consumption-per-day-2011-prices/latvia/

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About this data

Indicator: Median income or consumption per day (2011 prices)
Unit: international-$ in 2011 prices
Source: World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 119 places, 2,016 data points, 1963–2023
Last refreshed: 28 August 2026

The median is the value of income or consumption below which 50% of the population live.