In Latvia, a third of residents with a financial "safety net" have been forced to start using it in the past six months, according to a conducted survey.
Financial savings that allow covering daily expenses for at least one month are currently available to almost half of the residents of Latvia. At the same time, 31% have no "safety net," and 21% indicated that their savings would last no more than one month.
Men feel a greater financial stability than women - 53% of men have savings compared to 44% of women. Meanwhile, women more frequently acknowledge that they have no savings - 34% versus 28% of men.
Young people under 29 years old (37%) and residents aged 40 to 49 years (34%) are more likely to live without savings. The most financially secure respondents are those aged 60 to 74 years - nearly 60% of respondents in this group indicated that they have savings for at least one month, while 27% admitted they have no savings at all.
In the past six months, 21% of those who have savings managed to increase them. At the same time, more than a third - 36% - were forced to use their accumulated funds.
Another 42% of survey participants noted that the size of their savings remained unchanged - this means that even if part of the savings was used, it was subsequently possible to restore it.
Women were more likely than men to be forced to use their savings, while men more frequently noted that they managed to increase them.
The population survey was conducted by "Norstat Latvia" in October 2025. It involved 1,000 respondents aged 18 to 74 years.
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