Income inequality vs. GDP per capita in Latvia

Latvia: Income inequality vs. GDP per capita was 0.3397 in 2023. β–² Rising

Latest (2023)
0.3397
Change on year
up 0.9%
World rank
58th
of 120 countries
All-time high
0.3897
in 2005
All-time low
0.2699
in 1993
Years of data
23
1993–2023

Income inequality vs. GDP per capita in Latvia, 1993–2023

00.10.20.30.41993200820231993: 0.271995: 0.311996: 0.3162004: 0.3642005: 0.392006: 0.3562007: 0.3752008: 0.3722009: 0.3592010: 0.352011: 0.3582012: 0.3522013: 0.3552014: 0.3512015: 0.3422016: 0.3432017: 0.3562018: 0.3512019: 0.3452020: 0.3572021: 0.3432022: 0.3372023: 0.34

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

Latvia recorded 0.3397 for income inequality vs. gdp per capita in 2023.

The figure is up 0.9% on the previous year and down 4.3% over ten years.

Over the whole period, income inequality vs. gdp per capita in Latvia peaked at 0.3897 in 2005 and was at its lowest, 0.2699, in 1993.

Latvia ranks 58th of 120 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 23 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2985 0.2699 0.3159 3
2000s 0.3693 0.356 0.3897 6
2010s 0.3503 0.342 0.3577 10
2020s 0.344 0.3368 0.357 4

Countries ranked near Latvia

  1. 55 Benin 0.344 compare
  2. 56 Italy 0.3434 compare
  3. 57 Montenegro 0.343 compare
  4. 59 Nigeria 0.3389 compare
  5. 60 Georgia 0.3385 compare
  6. 61 Portugal 0.3385 compare

See the full ranking of 120 places β†’

More poverty & inequality data for Latvia

All data for Latvia β†’

Frequently asked questions

What is income inequality vs. gdp per capita in Latvia?
Income inequality vs. gdp per capita in Latvia was 0.3397 in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest income inequality vs. gdp per capita recorded in Latvia?
The highest recorded value was 0.3897 in 2005.
What is the lowest income inequality vs. gdp per capita recorded in Latvia?
The lowest recorded value was 0.2699 in 1993.
How does Latvia rank for income inequality vs. gdp per capita?
Latvia ranks 58th out of 120 countries with data for 2023.
Is income inequality vs. gdp per capita rising or falling in Latvia?
Over the last ten years it is down 4.3%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Income inequality vs. GDP per capita. Statizoid updates them automatically from the source API.

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About this data

Indicator
Income inequality vs. GDP per capita
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, 2,148 data points, 1963–2025
Last refreshed

The Gini coefficient measures inequality on a scale from 0 to 1. Higher values indicate higher inequality.