Bulgaria vs Latvia: Prosperity gap
Prosperity gap over time
- Bulgaria
- Latvia
How they compare
Bulgaria currently reports 1.4 average shortfall from a prosperity standard of $28/day against 1.3 average shortfall from a prosperity standard of $28/day in Latvia, a difference of 0.1 average shortfall from a prosperity standard of $28/day.
That makes Bulgaria's figure about 1.1 times Latvia's.
The two have swapped places 3 times across 21 shared years of data; in 1995 it was Latvia ahead.
Bulgaria ranks 86th and Latvia ranks 89th of 123 countries.
Across the 4 decades both report, Bulgaria averaged higher in 3 and Latvia in 1.
Head to head by decade
| Decade | Bulgaria | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.45 average shortfall from a prosperity standard of $28/day | 3.55 average shortfall from a prosperity standard of $28/day | 0.1 average shortfall from a prosperity standard of $28/day | Latvia |
| 2000s | 3.18 average shortfall from a prosperity standard of $28/day | 2.36 average shortfall from a prosperity standard of $28/day | 0.82 average shortfall from a prosperity standard of $28/day | Bulgaria |
| 2010s | 2.43 average shortfall from a prosperity standard of $28/day | 1.93 average shortfall from a prosperity standard of $28/day | 0.5 average shortfall from a prosperity standard of $28/day | Bulgaria |
| 2020s | 1.5 average shortfall from a prosperity standard of $28/day | 1.25 average shortfall from a prosperity standard of $28/day | 0.25 average shortfall from a prosperity standard of $28/day | Bulgaria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher prosperity gap, Bulgaria or Latvia?
- Bulgaria, at 1.4 average shortfall from a prosperity standard of $28/day against 1.3 average shortfall from a prosperity standard of $28/day in Latvia as of 2023.
- What is the difference in prosperity gap between Bulgaria and Latvia?
- 0.1 average shortfall from a prosperity standard of $28/day, with Bulgaria ahead.
- How many years of comparable data are there for Bulgaria and Latvia?
- 21 years are reported by both, from 1995 to 2023.
- How do Bulgaria and Latvia rank globally for prosperity gap?
- Bulgaria ranks 86th and Latvia ranks 89th 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 Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.