Latvia: 41% See Income Rise in 2024 – ReTV

More than 40% of residents in Latvia experienced income growth this year, according to a recent survey. The findings offer a snapshot of the economic conditions impacting households across the country.

Data released December 22, 2025, from Luminor Bank revealed that 41% of individuals surveyed reported an increase in their income in 2025. However, the picture isn’t entirely positive, as 18% indicated their income had decreased over the same period.

The survey provides valuable insight into the financial well-being of Latvian citizens as the country navigates ongoing economic challenges. The results suggest a mixed economic reality, with a significant portion of the population benefiting from income gains while a notable minority are facing financial setbacks.