Real median earnings per hour, aged 15-24, deflated to 2010 and PPP in Latvia

Latvia: Real median earnings per hour, aged 15-24, deflated to 2010 and PPP was 0.0369 in 2016. ▲ Rising

Latest (2016)
0.0369
Change on year
up 12.8%
World rank
22nd
of 67 countries
All-time high
0.0427
in 2009
All-time low
0.0217
in 2005
Years of data
12
2005–2016

Real median earnings per hour, aged 15-24, deflated to 2010 and PPP in Latvia, 2005–2016

00.010.020.030.042005201020162005: 0.0222006: 0.0252007: 0.0252008: 0.0382009: 0.0432010: 0.0292011: 0.0252012: 0.0272013: 0.0282014: 0.0322015: 0.0332016: 0.037

Source: World Bank.

Analysis

Latvia recorded 0.0369 for real median earnings per hour, aged 15-24, deflated to 2010 and ppp in 2016.

Compared with earlier readings it is up 12.8% on the previous year and up 49.1% over ten years.

Over the whole period, real median earnings per hour, aged 15-24, deflated to 2010 and ppp in Latvia peaked at 0.0427 in 2009 and was at its lowest, 0.0217, in 2005.

That places Latvia 22nd out of 67 countries with data for 2016, putting it in the middle of the range.

The long-run direction has been consistently rising across the 12 years of available data.

Real median earnings per hour, aged 15-24, deflated to 2010 and PPP in Latvia, year by year

Annual values for Real median earnings per hour, aged 15-24, deflated to 2010 and PPP adjusted in Latvia, 2005 to 2016.
Year Value Change
2005 0.0217
2006 0.0247 +14.1%
2007 0.0254 +2.8%
2008 0.038 +49.6%
2009 0.0427 +12.2%
2010 0.0295 -30.9%
2011 0.0252 -14.4%
2012 0.0269 +6.8%
2013 0.0276 +2.5%
2014 0.0323 +16.9%
2015 0.0327 +1.3%
2016 0.0369 +12.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0305 0.0217 0.0427 5
2010s 0.0301 0.0252 0.0369 7

Countries ranked near Latvia

  1. 19 Greece 0.0385 compare
  2. 20 Türkiye 0.0371 compare
  3. 21 Spain 0.037 compare
  4. 23 Jamaica 0.0362
  5. 24 Costa Rica 0.0343 compare
  6. 25 Chile 0.0341 compare

See the full ranking of 67 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is real median earnings per hour, aged 15-24, deflated to 2010 and ppp in Latvia?
Real median earnings per hour, aged 15-24, deflated to 2010 and ppp in Latvia was 0.0369 in 2016, according to the World Bank.
What is the highest real median earnings per hour, aged 15-24, deflated to 2010 and ppp recorded in Latvia?
The highest recorded value was 0.0427 in 2009.
What is the lowest real median earnings per hour, aged 15-24, deflated to 2010 and ppp recorded in Latvia?
The lowest recorded value was 0.0217 in 2005.
How does Latvia rank for real median earnings per hour, aged 15-24, deflated to 2010 and ppp?
Latvia ranks 22nd out of 67 countries with data for 2016.
Is real median earnings per hour, aged 15-24, deflated to 2010 and ppp rising or falling in Latvia?
Over the last ten years it is up 49.1%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from the World Bank, published as part of Real median earnings per hour, aged 15-24, deflated to 2010 and PPP adjusted. Statizoid updates them automatically from the source API.

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Real median earnings per hour, aged 15-24, deflated to 2010 and PPP in Latvia. Statizoid. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/real-median-earnings-per-hour-aged-15-24-deflated-to-2010-and-ppp-adjusted/latvia/

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About this data

Indicator
Real median earnings per hour, aged 15-24, deflated to 2010 and PPP adjusted
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
67 places, 885 data points, 1990–2021
Last refreshed