Latvia vs Norway: Total shortfall from extreme poverty
Total shortfall from extreme poverty over time
- Latvia
- Norway
How they compare
Norway currently reports 7.94 million international-$ in 2021 prices against 6.33 million international-$ in 2021 prices in Latvia, a difference of 1.61 million international-$ in 2021 prices.
That makes Norway's figure about 1.3 times Latvia's.
The two have swapped places 2 times across 21 shared years of data; in 1995 it was Norway ahead.
Latvia ranks 93rd and Norway ranks 90th of 120 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Norway in 2.
Head to head by decade
| Decade | Latvia | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.10 million international-$ in 2021 prices | 12.47 million international-$ in 2021 prices | 6.37 million international-$ in 2021 prices | Norway |
| 2000s | 26.15 million international-$ in 2021 prices | 6.34 million international-$ in 2021 prices | 19.81 million international-$ in 2021 prices | Latvia |
| 2010s | 11.73 million international-$ in 2021 prices | 7.10 million international-$ in 2021 prices | 4.62 million international-$ in 2021 prices | Latvia |
| 2020s | 5.52 million international-$ in 2021 prices | 10.54 million international-$ in 2021 prices | 5.01 million international-$ in 2021 prices | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total shortfall from extreme poverty, Latvia or Norway?
- Norway, at 7.94 million international-$ in 2021 prices against 6.33 million international-$ in 2021 prices in Latvia as of 2023.
- What is the difference in total shortfall from extreme poverty between Latvia and Norway?
- 1.61 million international-$ in 2021 prices, with Norway ahead.
- How many years of comparable data are there for Latvia and Norway?
- 21 years are reported by both, from 1995 to 2023.
- How do Latvia and Norway rank globally for total shortfall from extreme poverty?
- Latvia ranks 93rd and Norway ranks 90th of 120 countries.
- Where does this data come from?
- World Bank Poverty and Inequality Platform (2026) β 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.
Individual pages
About this data
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.