Low income earners less than three percent in Latvia

  • 2015-06-25
  • From wire reports and TBT staff, RIGA

For the first time since 2013, Latvia’s Welfare Ministry has revealed the number of low-income persons in the country is now lower than three percent.

In May 2015, Latvia had 58,875 workers earning the monthly minimum of 360 euros, which is 1,784 persons less than the previous month. 

May 2015 saw the number of low-income persons in Latvia equal to 2.97 percent. Since the beginning of the year, the number was 3.3 percent, or 65,461 persons - a significant drop from the 4.16 percent in 2014. 

According to the Latvian Central Statistics Bureau, Latvia’s population during the January - May 2015 period has also dropped. In January, the total population was 1,986,111 persons, whereas by may, it had dropped to 1,980,700.

When compared to January 2014, there was 2,001,500 persons living in the country.