household net worth
The median household net worth in Latvia is about $65K. It takes about $181K to reach the top 10% and about $600K to reach the top 1%. The average is about $123K.
Top ?%
| Percentile | Household net worth (USD) |
|---|---|
| Median (50th percentile) | $65K |
| Top 25% | $111K |
| Top 10% | $181K |
| Top 5% | $275K |
| Top 1% | $600K |
| Age | Median | Top 10% | Top 1% |
|---|---|---|---|
| Under 35 | $13K | $37K | $121K |
| 35–44 | $45K | $128K | $422K |
| 45–54 | $83K | $232K | $769K |
| 55–64 | $122K | $343K | $1.1M |
| 65–74 | $137K | $385K | $1.3M |
| 75+ | $112K | $316K | $1.0M |
Estimated by applying the age pattern of the US Survey of Consumer Finances to the overall distribution in Latvia. National surveys by age may differ.
There is no official line. A common yardstick is the top 10% of households, which starts at about $181K in Latvia. The top 5% starts at about $275K, and the top 1% at about $600K.
The middle half of households in Latvia hold between about $37K and $111K, with the median at about $65K.
The average (mean) household net worth in Latvia is about $123K, well above the median of $65K. A small number of very wealthy households pull the average up, so the median is the better picture of a typical household.
A $1 million household net worth ranks around the 99.7th percentile in Latvia. Put differently, about 0.3% of households in Latvia are millionaires in US dollar terms.
A useful benchmark is the median for your age group: about $13K for ages under 35, $45K for ages 35–44, $83K for ages 45–54, $122K for ages 55–64, $137K for ages 65–74, and $112K for ages 75+. Above the median means you are ahead of most households your age.
The median household in Latvia would rank around the 73.9th percentile worldwide. Joining the top 1% in Latvia takes about $600K, compared with about $1.4M for the global top 1%.
A household. Everyone living together counts as one unit, so a couple's combined net worth is a single entry. If you are single and compare yourself with these figures, you are measured against many two-earner households, so your rank among individuals would come out somewhat higher.
Everything a household owns minus everything it owes: home equity, savings, investments, retirement accounts, and business assets, less mortgages and other debts. State pension entitlements are usually not counted.
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Figures are household net worth (assets minus debts). The source surveys report in US dollars, and other display currencies are converted at current exchange rates. The median and the top 10% and top 1% thresholds are drawn from the latest available national wealth surveys (mostly 2019 to 2023), with the intermediate levels fitted to a log-normal model. Wealth distributions shift slowly, so read these as close estimates, not to-the-dollar values.