Gini coefficient: World Inequality Database vs. World Bank in Latvia
Latvia: Gini coefficient: World Inequality Database vs. World Bank was 0.4247 in 2022. ▲ Rising
Gini coefficient: World Inequality Database vs. World Bank in Latvia, 1988–2022
Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
Analysis
In 2022, gini coefficient: world inequality database vs. world bank in Latvia stood at 0.4247.
That represents a change of up 0.9% on the previous year and down 2.2% over ten years.
Over the whole period, gini coefficient: world inequality database vs. world bank in Latvia peaked at 0.4607 in 2005 and was at its lowest, 0.281, in 1988.
That places Latvia 79th out of 109 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.281 | 0.281 | 0.281 | 1 |
| 1990s | 0.3941 | 0.3705 | 0.4037 | 5 |
| 2000s | 0.4413 | 0.4157 | 0.4607 | 8 |
| 2010s | 0.4262 | 0.4116 | 0.4355 | 10 |
| 2020s | 0.4241 | 0.4211 | 0.4265 | 3 |
Countries ranked near Latvia
- 76 Malaysia 0.4525 compare
- 77 Bosnia and Herzegovina 0.4454 compare
- 78 South Korea 0.4321 compare
- 81 North Macedonia 0.4112 compare
- 82 Croatia 0.4069 compare
More poverty & inequality data for Latvia
- Number of income/consumption surveys in the past decade available via the World Bank 8 surveys (2025)
- Fertility rate vs. share living in extreme poverty 1.34 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 3,558 kg per hectare (2023)
- Tax revenue as share of GDP vs. income inequality 31.9% (2023)
- Gender Inequality Index 0.117 (2023)
- Lifespan inequality: Gini coefficient in women 0.0904 (2023)
- Lifespan inequality: Gini coefficient by sex 0.0904 (2023)
- Lifespan inequality: Gini coefficient in men 0.1213 (2023)
- Share of government consumption in GDP vs. share of population living in extreme poverty 31.3% (2023)
- Income inequality: Atkinson index 0.1903 (2023)
Frequently asked questions
- What is gini coefficient: world inequality database vs. world bank in Latvia?
- Gini coefficient: world inequality database vs. world bank in Latvia was 0.4247 in 2022, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
- What is the highest gini coefficient: world inequality database vs. world bank recorded in Latvia?
- The highest recorded value was 0.4607 in 2005.
- What is the lowest gini coefficient: world inequality database vs. world bank recorded in Latvia?
- The lowest recorded value was 0.281 in 1988.
- How does Latvia rank for gini coefficient: world inequality database vs. world bank?
- Latvia ranks 79th out of 109 countries with data for 2022.
- Is gini coefficient: world inequality database vs. world bank rising or falling in Latvia?
- Over the last ten years it is down 2.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Gini coefficient: World Inequality Database vs. World Bank. Statizoid updates them automatically from the source API.
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About this data
The Gini coefficient measures inequality on a scale from 0 to 1. Higher values indicate higher inequality. Inequality is measured here in terms of income after taxes and benefits.