Income share held by highest 10% in Latvia
Latvia: Income share held by highest 10% was 26.2% in 2023. ▬ Flat
Income share held by highest 10% 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
The most recent figure for income share held by highest 10% in Latvia is 26.2%, measured in 2023.
The figure is up 1.6% on the previous year and down 2.2% over ten years.
Over the whole period, income share held by highest 10% in Latvia peaked at 30.0% in 2005 and was at its lowest, 22.1%, in 1993.
Latvia ranks 65th of 121 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.1% | 22.1% | 26.6% | 5 |
| 2000s | 28.0% | 26.8% | 30.0% | 8 |
| 2010s | 26.6% | 25.8% | 27.3% | 10 |
| 2020s | 26.4% | 25.8% | 27.5% | 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 headcount ratio at $3.00 a day (2021 PPP) 0.4% (2023)
- Poverty gap at $3.00 a day (2021 PPP) 0.3% (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 income share held by highest 10% in Latvia?
- Income share held by highest 10% in Latvia was 26.2% 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 income share held by highest 10% recorded in Latvia?
- The highest recorded value was 30.0% in 2005.
- What is the lowest income share held by highest 10% recorded in Latvia?
- The lowest recorded value was 22.1% in 1993.
- How does Latvia rank for income share held by highest 10%?
- Latvia ranks 65th out of 121 countries with data for 2023.
- Is income share held by highest 10% rising or falling in Latvia?
- Over the last ten years it is down 2.2%. The long-run trend across the full record is flat.
- 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 Income share held by highest 10%. Statizoid updates them automatically from the source API.
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About this data
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.