Disposal income in Latvia saw double digit rise last year

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Results of the survey conducted by the Central Statistical Bureau (CSB) in 2018 show that, compared to 2016, in 2017 household disposable income in Latvia increased by 11.8 %, reaching 489 euros per household member monthly.

The growth rate of household income was larger than in the previous years – 4.9 % in 2016, 7.6 % in 2015, and 9.3 % in 2014.

In 2017, the smallest household disposable income was in Latgale – 330 euros per household member monthly. Since 2016 household income in this region has increased by 10.3 %.

But the largest income was in Riga and Pierīga (the area around Rīga) – 592 euros and 536 euros, respectively. In these regions household disposable income rose by 12.2 %.

In Zemgale, the southern Latvian region, household disposable income comprised 442 euros per month (increase of 14.4 %), in western Kurzeme region – 431 euros per month (increase of 8.8 %) and in Vidzeme – 401 euros per month (increase of 9.6 %).

In urban areas household disposable income comprised 518 euros per household member monthly (increase of 10.9 %) and in rural areas – 425 euros per month (increase of 14.2 %). 

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