Belgium vs Latvia: Total shortfall from extreme poverty

Belgium
4.73 million international-$ in 2021 prices
in 2023
Latvia
6.33 million international-$ in 2021 prices
in 2023
Belgium rank
96th
Latvia rank
93rd

Total shortfall from extreme poverty over time

  • Belgium
  • Latvia
020.0M40.0M60.0M80.0M198520042023

How they compare

Latvia currently reports 6.33 million international-$ in 2021 prices against 4.73 million international-$ in 2021 prices in Belgium, a difference of 1.60 million international-$ in 2021 prices.

That makes Latvia's figure about 1.3 times Belgium's.

The two have swapped places 7 times across 21 shared years of data; in 1995 it was Belgium ahead.

Belgium ranks 96th and Latvia ranks 93rd of 120 countries.

Across the 4 decades both report, Belgium averaged higher in 1 and Latvia in 3.

Head to head by decade

Decade Belgium Latvia Difference Ahead
1990s 42.99 million international-$ in 2021 prices 6.10 million international-$ in 2021 prices 36.88 million international-$ in 2021 prices Belgium
2000s 10.37 million international-$ in 2021 prices 26.15 million international-$ in 2021 prices 15.78 million international-$ in 2021 prices Latvia
2010s 10.77 million international-$ in 2021 prices 11.73 million international-$ in 2021 prices 960,468 international-$ in 2021 prices Latvia
2020s 3.41 million international-$ in 2021 prices 5.52 million international-$ in 2021 prices 2.12 million international-$ in 2021 prices Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total shortfall from extreme poverty, Belgium or Latvia?
Latvia, at 6.33 million international-$ in 2021 prices against 4.73 million international-$ in 2021 prices in Belgium as of 2023.
What is the difference in total shortfall from extreme poverty between Belgium and Latvia?
1.60 million international-$ in 2021 prices, with Latvia ahead.
How many years of comparable data are there for Belgium and Latvia?
21 years are reported by both, from 1995 to 2023.
How do Belgium and Latvia rank globally for total shortfall from extreme poverty?
Belgium ranks 96th and Latvia ranks 93rd of 120 countries.
Where does this data come from?
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as Total shortfall from extreme poverty. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belgium vs Latvia: Total shortfall from extreme poverty. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 07 November 2026, from https://poverty.statizoid.com/compare/total-shortfall-from-extreme-poverty/belgium/latvia/

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About this data

Indicator
Total shortfall from extreme poverty
Unit
international-$ in 2021 prices
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed

This is the amount of money that would be theoretically needed to lift the income or consumption of all people in poverty up to $3 per day. However, this is not a measure of the actual cost of eliminating poverty, since it does not take into account the costs involved in making the necessary transfers nor any changes in behavior they would bring about.