Gini coefficient in Latvia

Latvia: Gini coefficient was 0.3397 in 2023. ▲ 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

Gini coefficient 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

The most recent figure for gini coefficient in Latvia is 0.3397, measured in 2023.

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

Over the whole period, gini coefficient 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.

Gini coefficient in Latvia, year by year

Annual values for Gini coefficient in Latvia, 1993 to 2023.
Year Value Change
1993 0.2699
1995 0.3098 +14.8%
1996 0.3159 +2.0%
2004 0.3638 +15.2%
2005 0.3897 +7.1%
2006 0.356 -8.7%
2007 0.3746 +5.2%
2008 0.3721 -0.7%
2009 0.3595 -3.4%
2010 0.3503 -2.5%
2011 0.3577 +2.1%
2012 0.3524 -1.5%
2013 0.355 +0.7%
2014 0.3511 -1.1%
2015 0.342 -2.6%
2016 0.3433 +0.4%
2017 0.3557 +3.6%
2018 0.351 -1.3%
2019 0.3449 -1.7%
2020 0.357 +3.5%
2021 0.3426 -4.1%
2022 0.3368 -1.7%
2023 0.3397 +0.9%

Latvia compared with similar countries

  • Latvia's 0.3397 is above the median for high income countries, which is 0.3209, 1.1× the median. (42 countries reporting)
  • Latvia's 0.3397 is above the median for Europe & Central Asia, which is 0.3058, 1.1× the median. (47 countries reporting)

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 →

More poverty & inequality data for Latvia

All data for Latvia →

Frequently asked questions

What is gini coefficient in Latvia?
Gini coefficient 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 gini coefficient recorded in Latvia?
The highest recorded value was 0.3897 in 2005.
What is the lowest gini coefficient recorded in Latvia?
The lowest recorded value was 0.2699 in 1993.
How does Latvia rank for gini coefficient?
Latvia ranks 58th out of 120 countries with data for 2023.
Is gini coefficient 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 Gini coefficient. Statizoid updates them automatically from the source API.

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Gini coefficient in Latvia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 23 September 2026, from https://poverty.statizoid.com/stat/gini-coefficient-wb/latvia/

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About this data

Indicator
Gini coefficient
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.