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The indicators of income of Latvian inhabitants 1998 — 2009

The table below shows the situation of income of Latvian inhabitants in 1998 to 2009 years. These indicators are compared with the national minimum monthly wage, the subsistence level consumer basket per one person and with the average monthly income of pensioners in Latvia.

According to the data of the Central Statistical Bureau of Latvia, the national minimum monthly wage was only LVL 42 in 1998; however, the subsistence level consumer basket per one person was equal to LVL 82 that means that the minimum wage was LVL 40 less than the minimum sum required to survive at the same period. Although the average monthly neto wage reached LVL 97, that is 18 % more than the subsistence level consumer basket. Furthermore, the average monthly pension was LVL 51, and it is evaluated very negatively, as it is 38 % less than the minimum required sum per one person per month.

The trend was positive during the period from 1998 to 2009, when the national minimum wage increased up to 329 % from LVL 42 to LVL 180. It is important to emphasize that the subsistence level consumer basket per one person per month soared sharply to LVL 168, so the sum doubled in 2009 in comparison with 1998. The average monthly neto wage decreased from LVL 350 in 2008 to LVL 352 in 2009. However, it was 104 % more than the subsistence level consumer basket the same period. If you look closely at the graph, you will also notice that the average monthly pension over all these years from 1998 to 2009 was under the minimum required level when it is possible to survive; nevertheless, there was an annual increase. The average monthly pension reached LVL 163 in 2009.

Statistical data: Central Statistical Bureau of Latvia

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close open

Appeal to world leaders and humanity

Diplomatic Economic Club strongly condemns and is not accepting any kind of aggression, military collisions, wars between countries, which are happening here close in the center of Europe, on the other continents of the world, in Asia, in Africa.
Nothing can justify the use of force in any cases, everywhere it leads to suffering of civilians.
We call all parts, leaders of all levels for a peaceful solution of any disagreements through the dialog and negotiations.
Only the Peace on our planet, olny Friendship and mutual understanding promote the life of people.
Please don't even allow yourself any thought about World War III, about nuclear weapons.
All the humanity remembers the wars of the 20th century, and if somebody has forgotten, please remember. Diplomatic Club for Peace

Stop War! Peace All over the World

Diplomatic Economic Club
unites members from 37 countries of the world.

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