Gini index in Latvia
Latvia: Gini index was 34 in 2023. ▲ Rising
Gini index in Latvia, 1993–2023
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.
Analysis
In 2023, gini index in Latvia stood at 34.
The figure is up 0.9% on the previous year and down 4.2% over ten years.
Over the whole period, gini index in Latvia peaked at 39 in 2005 and was at its lowest, 27, in 1993.
Latvia ranks 59th of 121 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 31.46 | 27 | 34.4 | 5 |
| 2000s | 36.65 | 35.1 | 39 | 8 |
| 2010s | 35.03 | 34.2 | 35.8 | 10 |
| 2020s | 34.42 | 33.7 | 35.7 | 4 |
Countries ranked near Latvia
More poverty & inequality data for Latvia
- Poverty headcount ratio at $8.30 a day (2021 PPP) 2.8% (2023)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 0.7% (2023)
- Poverty gap at $3.00 a day (2021 PPP) 0.3% (2023)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 0.4% (2023)
- Prosperity gap 1.3 average shortfall from a prosperity standard of $28/day (2023)
- Poverty gap at $8.30 a day (2021 PPP) 1.0% (2023)
- Poverty headcount ratio at societal poverty line 14.0% (2023)
- Poverty gap at $4.20 a day (2021 PPP) 0.4% (2023)
- Population living in slums 0.6% (2022)
- Income share held by second 20% 12.4% (2023)
Frequently asked questions
- What is gini index in Latvia?
- Gini index in Latvia was 34 in 2023, according to 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.
- What is the highest gini index recorded in Latvia?
- The highest recorded value was 39 in 2005.
- What is the lowest gini index recorded in Latvia?
- The lowest recorded value was 27 in 1993.
- How does Latvia rank for gini index?
- Latvia ranks 59th out of 121 countries with data for 2023.
- Is gini index rising or falling in Latvia?
- Over the last ten years it is down 4.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from 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, published as part of Gini index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.