Latvia vs Spain: Prosperity gap
Latvia
1.3 average shortfall from a prosperity standard of $28/day
in 2023
Spain
1.3 average shortfall from a prosperity standard of $28/day
in 2023
Latvia rank
89th
Spain rank
89th
Prosperity gap over time
- Latvia
- Spain
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 Spain, a difference of 0 average shortfall from a prosperity standard of $28/day.
The two have swapped places 1 time across 26 shared years of data; in 1993 it was Latvia ahead.
Latvia ranks 89th and Spain ranks 89th of 123 countries.
Across the 4 decades both report, Latvia averaged higher in 3 and Spain in 1.
Head to head by decade
| Decade | Latvia | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.56 average shortfall from a prosperity standard of $28/day | 1.82 average shortfall from a prosperity standard of $28/day | 1.74 average shortfall from a prosperity standard of $28/day | Latvia |
| 2000s | 2.69 average shortfall from a prosperity standard of $28/day | 1.36 average shortfall from a prosperity standard of $28/day | 1.33 average shortfall from a prosperity standard of $28/day | Latvia |
| 2010s | 1.93 average shortfall from a prosperity standard of $28/day | 1.46 average shortfall from a prosperity standard of $28/day | 0.47 average shortfall from a prosperity standard of $28/day | Latvia |
| 2020s | 1.25 average shortfall from a prosperity standard of $28/day | 1.27 average shortfall from a prosperity standard of $28/day | 0.025 average shortfall from a prosperity standard of $28/day | Spain |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher prosperity gap, Latvia or Spain?
- 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 Spain as of 2023.
- What is the difference in prosperity gap between Latvia and Spain?
- 0 average shortfall from a prosperity standard of $28/day, with Latvia ahead.
- How many years of comparable data are there for Latvia and Spain?
- 26 years are reported by both, from 1993 to 2023.
- How do Latvia and Spain rank globally for prosperity gap?
- Latvia ranks 89th and Spain 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.