Latvia - Necessary income per household surveyed - March 31, 2016

In a survey conducted in 2015 by the Central Statistical Bureau (CSB) the population indicated that one household member needs at least 483 euro monthly. To pay for usual necessary expenses of one household member households needed 31 euro or 6.7% more financial means in 2015, compared to 2014. During the last years household disposable income has grown sharply, but the amount still is too small to make ends meet. In 2014, the population pointed out that one household member needs at least 452 euro monthly, while disposable income per household member was 14% lower and reached only 387 euro monthly. Data on income in 2015 will be compiled in a similar survey in 2016. The survey data show that the population assessment of ability to make and meet (i.e., pay for usual necessary expenses) has improved.

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