Latvia vs Malaysia: Mean vs. median income or consumption

Latvia
40.02 international-$ in 2021 prices
in 2023
Malaysia
39.7 international-$ in 2021 prices
in 2021
Latvia rank
33rd
Malaysia rank
34th

Mean vs. median income or consumption over time

  • Latvia
  • Malaysia
10203040198420032023

How they compare

Latvia currently reports 40.02 international-$ in 2021 prices against 39.7 international-$ in 2021 prices in Malaysia, a difference of 0.32 international-$ in 2021 prices.

The two have swapped places 3 times across 8 shared years of data; in 1995 it was Malaysia ahead.

Latvia ranks 33rd and Malaysia ranks 34th of 120 countries.

Across the 4 decades both report, Latvia averaged higher in 2 and Malaysia in 2.

Head to head by decade

Decade Latvia Malaysia Difference Ahead
1990s 11.55 international-$ in 2021 prices 16.49 international-$ in 2021 prices 4.94 international-$ in 2021 prices Malaysia
2000s 23.69 international-$ in 2021 prices 21.14 international-$ in 2021 prices 2.55 international-$ in 2021 prices Latvia
2010s 27.02 international-$ in 2021 prices 31.87 international-$ in 2021 prices 4.84 international-$ in 2021 prices Malaysia
2020s 40.9 international-$ in 2021 prices 39.7 international-$ in 2021 prices 1.21 international-$ in 2021 prices Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher mean vs. median income or consumption, Latvia or Malaysia?
Latvia, at 40.02 international-$ in 2021 prices against 39.7 international-$ in 2021 prices in Malaysia as of 2023.
What is the difference in mean vs. median income or consumption between Latvia and Malaysia?
0.32 international-$ in 2021 prices, with Latvia ahead.
How many years of comparable data are there for Latvia and Malaysia?
8 years are reported by both, from 1995 to 2021.
How do Latvia and Malaysia rank globally for mean vs. median income or consumption?
Latvia ranks 33rd and Malaysia ranks 34th of 120 countries.
Where does this data come from?
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as Mean vs. median income or consumption. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Malaysia: Mean vs. median income or consumption. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 02 September 2026, from https://reference.statizoid.com/compare/mean-versus-median-monthly-per-capita-expenditure-or-income/latvia/malaysia/

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About this data

Indicator
Mean vs. median income or consumption
Unit
international-$ in 2021 prices
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

Average income or consumption of the population per day.