Statizoid

Latvia vs Montenegro: Gini index

Latvia
34
in 2023
Montenegro
34.3
in 2021
Latvia rank
59th
Montenegro rank
57th

Gini index over time

  • Latvia
  • Montenegro
010203040199320082023

How they compare

Montenegro currently reports 34.3 against 34 in Latvia, a difference of 0.3.

The two have swapped places 3 times across 17 shared years of data; in 2005 it was Latvia ahead.

Globally, Latvia ranks 59th and Montenegro ranks 57th of 121 countries.

Individual pages

About this data

Indicator
Gini index
Source
World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
122 places, 2,305 data points, 1963–2025
Last refreshed

Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.