Real median earnings per hour, aged 15-64, deflated to 2010 and PPP in Latvia

Latvia: Real median earnings per hour, aged 15-64, deflated to 2010 and PPP was 0.0531 in 2016. ▲ Rising

Latest (2016)
0.0531
Change on year
up 4.8%
World rank
24th
of 72 countries
All-time high
0.0531
in 2016
All-time low
0.0274
in 2005
Years of data
12
2005–2016

Real median earnings per hour, aged 15-64, deflated to 2010 and PPP in Latvia, 2005–2016

00.020.040.062005201020162005: 0.0272006: 0.0292007: 0.0352008: 0.0442009: 0.0512010: 0.0432011: 0.0372012: 0.0392013: 0.042014: 0.0442015: 0.0512016: 0.053

Source: World Bank.

Analysis

The most recent figure for real median earnings per hour, aged 15-64, deflated to 2010 and ppp in Latvia is 0.0531, measured in 2016. That is the highest value across all 12 years on record.

The figure is up 4.8% on the previous year and up 81.4% over ten years.

Over the whole period, real median earnings per hour, aged 15-64, deflated to 2010 and ppp in Latvia peaked at 0.0531 in 2016 and was at its lowest, 0.0274, in 2005.

That places Latvia 24th out of 72 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 15-64, deflated to 2010 and PPP in Latvia, year by year

Annual values for Real median earnings per hour, aged 15-64, deflated to 2010 and PPP adjusted, total in Latvia, 2005 to 2016.
Year Value Change
2005 0.0274
2006 0.0293 +6.7%
2007 0.0353 +20.6%
2008 0.0443 +25.7%
2009 0.0507 +14.4%
2010 0.0434 -14.3%
2011 0.0372 -14.3%
2012 0.0394 +5.7%
2013 0.0404 +2.7%
2014 0.0445 +10.1%
2015 0.0507 +13.9%
2016 0.0531 +4.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0374 0.0274 0.0507 5
2010s 0.0441 0.0372 0.0531 7

Countries ranked near Latvia

  1. 21 Panama 0.059 compare
  2. 22 Portugal 0.0579 compare
  3. 23 Jordan 0.0532 compare
  4. 25 Lithuania 0.0514 compare
  5. 26 Uruguay 0.0467 compare
  6. 27 Turkey 0.046 compare

See the full ranking of 72 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is real median earnings per hour, aged 15-64, deflated to 2010 and ppp in Latvia?
Real median earnings per hour, aged 15-64, deflated to 2010 and ppp in Latvia was 0.0531 in 2016, according to the World Bank.
What is the highest real median earnings per hour, aged 15-64, deflated to 2010 and ppp recorded in Latvia?
The highest recorded value was 0.0531 in 2016.
What is the lowest real median earnings per hour, aged 15-64, deflated to 2010 and ppp recorded in Latvia?
The lowest recorded value was 0.0274 in 2005.
How does Latvia rank for real median earnings per hour, aged 15-64, deflated to 2010 and ppp?
Latvia ranks 24th out of 72 countries with data for 2016.
Is real median earnings per hour, aged 15-64, deflated to 2010 and ppp rising or falling in Latvia?
Over the last ten years it is up 81.4%. 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 15-64, deflated to 2010 and PPP adjusted, total. Statizoid updates them automatically from the source API.

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Real median earnings per hour, aged 15-64, deflated to 2010 and PPP in Latvia. Statizoid. Retrieved 28 August 2026, from https://reference.statizoid.com/stat/real-median-earnings-per-hour-aged-15-64-deflated-to-2010-and-ppp-adjusted-total/latvia/

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About this data

Indicator
Real median earnings per hour, aged 15-64, deflated to 2010 and PPP adjusted, total
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
72 places, 952 data points, 1990–2021
Last refreshed