Latvia vs Uruguay: Prosperity gap
Prosperity gap over time
- Latvia
- Uruguay
How they compare
Uruguay 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 Uruguay's figure about 1.1 times Latvia's.
The two have swapped places 5 times across 26 shared years of data; in 1995 it was Latvia ahead.
Latvia ranks 89th and Uruguay ranks 86th of 123 countries.
Across the 4 decades both report, Latvia averaged higher in 3 and Uruguay in 1.
Head to head by decade
| Decade | Latvia | Uruguay | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.55 average shortfall from a prosperity standard of $28/day | 1.85 average shortfall from a prosperity standard of $28/day | 1.7 average shortfall from a prosperity standard of $28/day | Latvia |
| 2000s | 2.7 average shortfall from a prosperity standard of $28/day | 2.29 average shortfall from a prosperity standard of $28/day | 0.4125 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 | 1.5 average shortfall from a prosperity standard of $28/day | 0.25 average shortfall from a prosperity standard of $28/day | Uruguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher prosperity gap, Latvia or Uruguay?
- Uruguay, 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 2024.
- What is the difference in prosperity gap between Latvia and Uruguay?
- 0.1 average shortfall from a prosperity standard of $28/day, with Uruguay ahead.
- How many years of comparable data are there for Latvia and Uruguay?
- 26 years are reported by both, from 1995 to 2023.
- How do Latvia and Uruguay rank globally for prosperity gap?
- Latvia ranks 89th and Uruguay ranks 86th 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.