Income share held by highest 20% in Latvia
Latvia: Income share held by highest 20% was 41.5% in 2023. ▬ Flat
Income share held by highest 20% in Latvia, 1993–2023
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
Analysis
In 2023, income share held by highest 20% in Latvia stood at 41.5%.
The figure is up 1.0% on the previous year and down 2.6% over ten years.
Over the whole period, income share held by highest 20% in Latvia peaked at 45.4% in 2005 and was at its lowest, 36.7%, in 1993.
That places Latvia 66th out of 123 countries with data for 2023, putting it in the middle of the range.
Income share held by highest 20% in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1993 | 36.7% | — |
| 1995 | 39.3% | +7.1% |
| 1996 | 39.7% | +1.0% |
| 1997 | 41.8% | +5.3% |
| 1998 | 41.1% | -1.7% |
| 2002 | 42.5% | +3.4% |
| 2003 | 44.0% | +3.5% |
| 2004 | 43.5% | -1.1% |
| 2005 | 45.4% | +4.4% |
| 2006 | 42.6% | -6.2% |
| 2007 | 44.0% | +3.3% |
| 2008 | 43.5% | -1.1% |
| 2009 | 42.6% | -2.1% |
| 2010 | 41.7% | -2.1% |
| 2011 | 42.8% | +2.6% |
| 2012 | 42.3% | -1.2% |
| 2013 | 42.6% | +0.7% |
| 2014 | 42.2% | -0.9% |
| 2015 | 41.5% | -1.7% |
| 2016 | 41.5% | +0.0% |
| 2017 | 42.4% | +2.2% |
| 2018 | 42.3% | -0.2% |
| 2019 | 42.0% | -0.7% |
| 2020 | 42.9% | +2.1% |
| 2021 | 41.5% | -3.3% |
| 2022 | 41.1% | -1.0% |
| 2023 | 41.5% | +1.0% |
Latvia compared with similar countries
- Latvia's 41.5% is above the median for high income countries, which is 39.9%, 1.0× the median. (42 countries reporting)
- Latvia's 41.5% is above the median for Europe & Central Asia, which is 39.1%, 1.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 39.7% | 36.7% | 41.8% | 5 |
| 2000s | 43.5% | 42.5% | 45.4% | 8 |
| 2010s | 42.1% | 41.5% | 42.8% | 10 |
| 2020s | 41.8% | 41.1% | 42.9% | 4 |
Countries ranked near Latvia
More poverty & inequality data for Latvia
- Number of income/consumption surveys in the past decade available via the World Bank 8 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (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)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2023)
- Cereal yield vs extreme poverty, annual growth rate -15.01 % change on previous year (2023)
- Tax revenues vs income inequality, gaps filled 31.88 (2023)
- Tax revenue as share of GDP vs. income inequality 31.9% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is income share held by highest 20% in Latvia?
- Income share held by highest 20% in Latvia was 41.5% in 2023, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest income share held by highest 20% recorded in Latvia?
- The highest recorded value was 45.4% in 2005.
- What is the lowest income share held by highest 20% recorded in Latvia?
- The lowest recorded value was 36.7% in 1993.
- How does Latvia rank for income share held by highest 20%?
- Latvia ranks 66th out of 123 countries with data for 2023.
- Is income share held by highest 20% rising or falling in Latvia?
- Over the last ten years it is down 2.6%. The long-run trend across the full record is flat.
- Where does this Latvia data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Income share held by highest 20%. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.