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

1020301993200820231993: 8.5 international-$ in 2021 prices1995: 10 international-$ in 2021 prices1996: 9.7 international-$ in 2021 prices2004: 12.1 international-$ in 2021 prices2005: 13.3 international-$ in 2021 prices2006: 16.5 international-$ in 2021 prices2007: 21.5 international-$ in 2021 prices2008: 21.3 international-$ in 2021 prices2009: 17.8 international-$ in 2021 prices2010: 17.6 international-$ in 2021 prices2011: 17.2 international-$ in 2021 prices2012: 17.7 international-$ in 2021 prices2013: 19.1 international-$ in 2021 prices2014: 21.2 international-$ in 2021 prices2015: 23.1 international-$ in 2021 prices2016: 24.4 international-$ in 2021 prices2017: 26.3 international-$ in 2021 prices2018: 28.3 international-$ in 2021 prices2019: 29.7 international-$ in 2021 prices2020: 31.5 international-$ in 2021 prices2021: 33.9 international-$ in 2021 prices2022: 31.6 international-$ in 2021 prices2023: 33 international-$ in 2021 prices

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 30 Croatia 36.73 international-$ in 2021 prices compare
  2. 31 Estonia 36.52 international-$ in 2021 prices compare
  3. 32 Portugal 33.68 international-$ in 2021 prices compare
  4. 34 Bulgaria 30.18 international-$ in 2021 prices compare
  5. 35 Romania 29.85 international-$ in 2021 prices compare
  6. 36 Malaysia 29.55 international-$ in 2021 prices compare

See the full ranking of 120 places →

More reference data data for Latvia

All data for Latvia →

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.

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About this data

Indicator
Median income: 2021 vs. 2017 international-$
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

Value of income or consumption per day below which 50% of the population live.