Australia vs Latvia: Income share held by highest 20%
Australia
41.3%
in 2020
Latvia
41.5%
in 2023
Australia rank
69th
Latvia rank
66th
Income share held by highest 20% over time
- Australia
- Latvia
How they compare
Latvia currently reports 41.5% against 41.3% in Australia, a difference of 0.2%.
The two have swapped places 3 times across 9 shared years of data; in 1995 it was Australia ahead.
Australia ranks 69th and Latvia ranks 66th of 123 countries.
Across the 4 decades both report, Australia averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Australia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 40.4% | 39.3% | 1.1% | Australia |
| 2000s | 41.5% | 43.7% | 2.2% | Latvia |
| 2010s | 41.8% | 41.9% | 0.1% | Latvia |
| 2020s | 41.3% | 42.9% | 1.6% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher income share held by highest 20%, Australia or Latvia?
- Latvia, at 41.5% against 41.3% in Australia as of 2023.
- What is the difference in income share held by highest 20% between Australia and Latvia?
- 0.2%, with Latvia ahead.
- How many years of comparable data are there for Australia and Latvia?
- 9 years are reported by both, from 1995 to 2020.
- How do Australia and Latvia rank globally for income share held by highest 20%?
- Australia ranks 69th and Latvia ranks 66th of 123 countries.
- Where does this data 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 Income share held by highest 20%. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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. Percentage shares by quintile may not sum to 100 because of rounding.