{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"lv-median-income","url":"https://apiardata.com/statistics/lv-median-income","html_url":"https://apiardata.com/statistics/lv-median-income/","title":"Median Equivalised Net Income in Latvia (2025)","description":"Latvia's Median Equivalised Net Income: 13,983 EUR per person in 2025, +9.1% YoY, roughly 61% of the EU-27 average. Eurostat (ILC_DI03), 2010–2025.","domain":"demo","category":"Demographics","keywords":["Demographics","Eurostat","Latvia","2025"],"publisher":"Eurostat","frequency":"Annual","geography":"Latvia","temporal_coverage":"2010/2025","unit":"EUR per person","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2025","variable_measured":"Median Equivalised Net Income in Latvia","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/ILC_DI03/default/table?lang=en"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2010–2025"},{"label":"Observations","value":"16"},{"label":"Geography","value":"Latvia"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"Latvia (2025)","value":"13,983","unit":"EUR per person per year","trend":{"direction":"up","value":"+9.1% YoY"}},{"label":"YoY Change","value":"+9.1%","unit":"year-on-year"},{"label":"vs. EU-27 Average","value":"61.0%","unit":"of EU-27 median, 2025","trend":{"direction":"up","value":"+30.1pp since 2010"}},{"label":"Series length","value":"16","unit":"years of data"}],"series":[{"key":"value","label":"Latvia Median Equivalised Net Income"}],"observation_count":16,"observations":[{"period":"2010","value":4488},{"period":"2011","value":4195},{"period":"2012","value":4450},{"period":"2013","value":4666},{"period":"2014","value":5203},{"period":"2015","value":5828},{"period":"2016","value":6365},{"period":"2017","value":6607},{"period":"2018","value":7333},{"period":"2019","value":8187},{"period":"2020","value":8827},{"period":"2021","value":9437},{"period":"2022","value":10258},{"period":"2023","value":11258},{"period":"2024","value":12821},{"period":"2025","value":13983}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"EUR per person"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2025","value":"13983","yoyChange":"+9.1%"},{"year":"2024","value":"12821","yoyChange":"+13.9%"},{"year":"2023","value":"11258","yoyChange":"+9.8%"},{"year":"2022","value":"10258","yoyChange":"+8.7%"},{"year":"2021","value":"9437","yoyChange":"+6.9%"},{"year":"2020","value":"8827","yoyChange":"+7.8%"},{"year":"2019","value":"8187","yoyChange":"+11.6%"},{"year":"2018","value":"7333","yoyChange":"+11.0%"},{"year":"2017","value":"6607","yoyChange":"+3.8%"},{"year":"2016","value":"6365","yoyChange":"+9.2%"},{"year":"2015","value":"5828","yoyChange":"+12.0%"},{"year":"2014","value":"5203","yoyChange":"+11.5%"},{"year":"2013","value":"4666","yoyChange":"+4.9%"},{"year":"2012","value":"4450","yoyChange":"+6.1%"},{"year":"2011","value":"4195","yoyChange":"-6.5%"},{"year":"2010","value":"4488","yoyChange":"n/a"}]},"qa":[{"question":"What was Latvia's median equivalised net income in 2025?","answer":"Eurostat's EU-SILC data (dataset ILC_DI03) put Latvia's median equivalised net income at approximately 13,983 EUR per person in 2025, up from 12,821 EUR in 2024 — a year-on-year increase of roughly 9.1%. Equivalised income adjusts household disposable income for household size and composition using the modified OECD scale, so the figure reflects typical per-person purchasing power rather than a raw household total."},{"question":"How does Latvia's median income compare with the EU-27 average?","answer":"In 2025, Latvia's median equivalised net income of 13,983 EUR was about 61.0% of the EU-27 average of 22,939 EUR, a gap of around 8,956 EUR. That gap has typically narrowed since 2010, when Latvia's ratio to the EU-27 average stood at roughly 30.9% — Latvia has been closing the distance in most years since as its income growth generally outpaced the EU-27 average."},{"question":"How much has Latvia's median income grown since 2010?","answer":"Latvia's median equivalised net income rose from 4,488 EUR in 2010 to 13,983 EUR in 2025 — a cumulative gain of roughly 212% over 15 years, more than tripling. Growth was fairly steady through most of the 2010s, typically running at high-single-digit to low-double-digit annual rates, aside from an early dip in 2011."},{"question":"Why did Latvia's median income jump so sharply in 2024?","answer":"Latvia's median equivalised net income rose from 11,258 EUR in 2023 to 12,821 EUR in 2024 — a +13.9% single-year gain, the largest in the 2010–2025 series. This likely reflects continued nominal wage catch-up following the 2022–2023 energy-price shock, alongside minimum-wage and public-sector pay increases that took effect over that period. Because EU-SILC income figures are denominated in current-year euros and not adjusted for inflation, part of the 2024 increase likely reflects nominal rather than real purchasing-power gains."},{"question":"Has Latvia's income gap with the EU average been narrowing consistently?","answer":"Mostly, yes, though not every single year. Latvia's ratio to the EU-27 average fell from roughly 30.9% in 2010 to about 28.6% in 2011, as Latvia's income dropped 6.5% that year even as the EU-27 average rose. In most years since 2012, though, Latvia's income growth has outpaced the EU-27 average in percentage terms, and the ratio climbed to 61.0% by 2025, consistent with the broader income-convergence pattern typically seen among central and eastern European economies since euro adoption in 2014."}]}