Latvia vs Ukraine: Total shortfall from extreme poverty

Latvia
6.33 million international-$ in 2021 prices
in 2023
Ukraine
5.61 million international-$ in 2021 prices
in 2020
Latvia rank
93rd
Ukraine rank
95th

Total shortfall from extreme poverty over time

  • Latvia
  • Ukraine
0500.0M1.0B1.5B2.0B199220072023

How they compare

Latvia currently reports 6.33 million international-$ in 2021 prices against 5.61 million international-$ in 2021 prices in Ukraine, a difference of 712,790 international-$ in 2021 prices.

That makes Latvia's figure about 1.1 times Ukraine's.

The two have swapped places 7 times across 20 shared years of data; in 1993 it was Ukraine ahead.

Latvia ranks 93rd and Ukraine ranks 95th of 120 countries.

Across the 4 decades both report, Latvia averaged higher in 2 and Ukraine in 2.

Head to head by decade

Decade Latvia Ukraine Difference Ahead
1990s 8.87 million international-$ in 2021 prices 1.62 billion international-$ in 2021 prices 1.61 billion international-$ in 2021 prices Ukraine
2000s 26.15 million international-$ in 2021 prices 81.32 million international-$ in 2021 prices 55.17 million international-$ in 2021 prices Ukraine
2010s 11.73 million international-$ in 2021 prices 10.81 million international-$ in 2021 prices 913,150 international-$ in 2021 prices Latvia
2020s 5.89 million international-$ in 2021 prices 5.61 million international-$ in 2021 prices 274,940 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, Latvia or Ukraine?
Latvia, at 6.33 million international-$ in 2021 prices against 5.61 million international-$ in 2021 prices in Ukraine as of 2023.
What is the difference in total shortfall from extreme poverty between Latvia and Ukraine?
712,790 international-$ in 2021 prices, with Latvia ahead.
How many years of comparable data are there for Latvia and Ukraine?
20 years are reported by both, from 1993 to 2020.
How do Latvia and Ukraine rank globally for total shortfall from extreme poverty?
Latvia ranks 93rd and Ukraine ranks 95th 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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Latvia vs Ukraine: 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/latvia/ukraine/

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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.