Latvia vs Romania: Prosperity gap
Latvia
1.3 average shortfall from a prosperity standard of $28/day
in 2023
Romania
1.3 average shortfall from a prosperity standard of $28/day
in 2023
Latvia rank
89th
Romania rank
89th
Prosperity gap over time
- Latvia
- Romania
How they compare
Latvia currently reports 1.3 average shortfall from a prosperity standard of $28/day against 1.3 average shortfall from a prosperity standard of $28/day in Romania, a difference of 0 average shortfall from a prosperity standard of $28/day.
Across all 25 years both countries report, Romania has been ahead every year.
Latvia ranks 89th and Romania ranks 89th of 123 countries.
Romania has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Romania | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.57 average shortfall from a prosperity standard of $28/day | 3.97 average shortfall from a prosperity standard of $28/day | 0.4 average shortfall from a prosperity standard of $28/day | Romania |
| 2000s | 2.7 average shortfall from a prosperity standard of $28/day | 4.42 average shortfall from a prosperity standard of $28/day | 1.72 average shortfall from a prosperity standard of $28/day | Romania |
| 2010s | 1.93 average shortfall from a prosperity standard of $28/day | 3.68 average shortfall from a prosperity standard of $28/day | 1.75 average shortfall from a prosperity standard of $28/day | Romania |
| 2020s | 1.25 average shortfall from a prosperity standard of $28/day | 1.77 average shortfall from a prosperity standard of $28/day | 0.525 average shortfall from a prosperity standard of $28/day | Romania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher prosperity gap, Latvia or Romania?
- Latvia, at 1.3 average shortfall from a prosperity standard of $28/day against 1.3 average shortfall from a prosperity standard of $28/day in Romania as of 2023.
- What is the difference in prosperity gap between Latvia and Romania?
- 0 average shortfall from a prosperity standard of $28/day, with Latvia ahead.
- How many years of comparable data are there for Latvia and Romania?
- 25 years are reported by both, from 1995 to 2023.
- How do Latvia and Romania rank globally for prosperity gap?
- Latvia ranks 89th and Romania 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.