Latvia: Household Income and Inequality — Key Statistics (CSP)
In 2024, Latvia recorded continued growth in household disposable income, while income distribution remained highly uneven. According to official statistics, only one fifth of households reached income levels above €2,000 per person per month, while the lowest-income quintile lived on amounts far below the nationally defined poverty risk threshold.
1. Disposable household income (net)
• Average disposable income:
€950 per person per month
(+12.0% or +€102 compared to 2023)
• Income range:
◦ Lowest-income households: €317
◦ Highest-income households: €2,084
2. Income distribution by quintiles (€/person/month)
• 1st quintile (lowest 20%): €317
• 2nd quintile: €569
• 3rd quintile: €781
• 4th quintile: €1,094
• 5th quintile (highest 20%): €2,084
• Quintile ratio (S80/S20): 6.7
(2023: 6.3)
3. Share of households by income level
• 80% of households have disposable income below €2,084 per person per month
• 20% of households are below €317 per person per month
4. Poverty risk threshold
• Single-person household: €699 per month
• Two adults + two children (<14): €1,468 per month
➡️ Income of the lowest quintile (€317) is less than half of the poverty risk threshold for a single person.
5. Population at risk of poverty
• Total population at risk: 404,000 persons
• Share of population: 22.0%
6. Regional disposable income levels (€/person/month)
• Rīga region: €1,135
◦ City of Rīga: €1,090
• Zemgale: €866
• Kurzeme: €816
• Vidzeme: €800
• Latgale: €673
Source: Centrālā statistikas pārvalde (CSP)
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