Income share held by third 20% in Latvia
Latvia: Income share held by third 20% was 16.5% in 2023. ▬ Flat
Income share held by third 20% 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 third 20% in Latvia is 16.5%, measured in 2023.
The figure is down 1.2% on the previous year and up 1.9% over ten years.
Over the whole period, income share held by third 20% in Latvia peaked at 17.5% in 1993 and was at its lowest, 15.3%, in 2005.
That places Latvia 52nd out of 121 countries with data for 2023, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.0% | 16.4% | 17.5% | 5 |
| 2000s | 15.9% | 15.3% | 16.5% | 8 |
| 2010s | 16.4% | 16.2% | 17.1% | 10 |
| 2020s | 16.5% | 16.2% | 16.7% | 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 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 third 20% in Latvia?
- Income share held by third 20% in Latvia was 16.5% 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 third 20% recorded in Latvia?
- The highest recorded value was 17.5% in 1993.
- What is the lowest income share held by third 20% recorded in Latvia?
- The lowest recorded value was 15.3% in 2005.
- How does Latvia rank for income share held by third 20%?
- Latvia ranks 52nd out of 121 countries with data for 2023.
- Is income share held by third 20% rising or falling in Latvia?
- Over the last ten years it is up 1.9%. 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 third 20%. 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
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.