Relative median income ratio in Latvia
Latvia: Relative median income ratio was 0.64 in 2025. ▼ Falling
Latest (2025)
0.64
Change on year
down 4.5%
World rank
36th
of 37 countries
All-time high
0.87
in 2011
All-time low
0.58
in 2008
Years of data
21
2005–2025
Relative median income ratio in Latvia, 2005–2025
Source: Eurostat.
Analysis
The most recent figure for relative median income ratio in Latvia is 0.64, measured in 2025.
The figure is down 4.5% on the previous year and down 5.9% over ten years.
Over the whole period, relative median income ratio in Latvia peaked at 0.87 in 2011 and was at its lowest, 0.58, in 2008.
That places Latvia 36th out of 37 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Relative median income ratio in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 0.76 | — |
| 2006 | 0.67 | -11.8% |
| 2007 | 0.66 | -1.5% |
| 2008 | 0.58 | -12.1% |
| 2009 | 0.6 | +3.4% |
| 2010 | 0.79 | +31.7% |
| 2011 | 0.87 | +10.1% |
| 2012 | 0.81 | -6.9% |
| 2013 | 0.79 | -2.5% |
| 2014 | 0.75 | -5.1% |
| 2015 | 0.68 | -9.3% |
| 2016 | 0.66 | -2.9% |
| 2017 | 0.64 | -3.0% |
| 2018 | 0.62 | -3.1% |
| 2019 | 0.6 | -3.2% |
| 2020 | 0.65 | +8.3% |
| 2021 | 0.64 | -1.5% |
| 2022 | 0.67 | +4.7% |
| 2023 | 0.65 | -3.0% |
| 2024 | 0.67 | +3.1% |
| 2025 | 0.64 | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.654 | 0.58 | 0.76 | 5 |
| 2010s | 0.721 | 0.6 | 0.87 | 10 |
| 2020s | 0.6533 | 0.64 | 0.67 | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- 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)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 14,649 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.5771 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 15,184 constant LCU per person (2025)
- GDP (current US$), annual growth rate 10.49 % change on previous year (2025)
Frequently asked questions
- What is relative median income ratio in Latvia?
- Relative median income ratio in Latvia was 0.64 in 2025, according to Eurostat.
- What is the highest relative median income ratio recorded in Latvia?
- The highest recorded value was 0.87 in 2011.
- What is the lowest relative median income ratio recorded in Latvia?
- The lowest recorded value was 0.58 in 2008.
- How does Latvia rank for relative median income ratio?
- Latvia ranks 36th out of 37 countries with data for 2025.
- Is relative median income ratio rising or falling in Latvia?
- Over the last ten years it is down 5.9%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Relative median income ratio (60+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (Eurostat).