Median income: 2021 vs. 2017 international-$ in Latvia
Latvia: Median income: 2021 vs. 2017 international-$ 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
33rd
of 120 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: 2021 vs. 2017 international-$ 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
In 2023, median income: 2021 vs. 2017 international-$ in Latvia stood at 32.95 international-$ in 2021 prices.
The figure is up 4.1% on the previous year and up 72.2% over ten years.
Over the whole period, median income: 2021 vs. 2017 international-$ 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.
Latvia ranks 33rd of 120 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Median income: 2021 vs. 2017 international-$ 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% |
Latvia compared with similar countries
- Latvia's 32.95 international-$ in 2021 prices is below the median for high income countries, which is 49.01 international-$ in 2021 prices, 67% of the median. (42 countries reporting)
- Latvia's 32.95 international-$ in 2021 prices is below the median for Europe & Central Asia, which is 33.68 international-$ in 2021 prices, 98% of the median. (47 countries reporting)
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
- 30 Croatia 36.73 international-$ in 2021 prices compare
- 31 Estonia 36.52 international-$ in 2021 prices compare
- 32 Portugal 33.68 international-$ in 2021 prices compare
- 34 Bulgaria 30.18 international-$ in 2021 prices compare
- 35 Romania 29.85 international-$ in 2021 prices compare
- 36 Malaysia 29.55 international-$ in 2021 prices compare
More reference data data for Latvia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
Frequently asked questions
- What is median income: 2021 vs. 2017 international-$ in Latvia?
- Median income: 2021 vs. 2017 international-$ 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: 2021 vs. 2017 international-$ recorded in Latvia?
- The highest recorded value was 33.92 international-$ in 2021 prices in 2021.
- What is the lowest median income: 2021 vs. 2017 international-$ recorded in Latvia?
- The lowest recorded value was 8.5 international-$ in 2021 prices in 1993.
- How does Latvia rank for median income: 2021 vs. 2017 international-$?
- Latvia ranks 33rd out of 120 countries with data for 2023.
- Is median income: 2021 vs. 2017 international-$ 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: 2021 vs. 2017 international-$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Value of income or consumption per day below which 50% of the population live.