Income share held by highest 20% in Latvia

Latvia: Income share held by highest 20% was 41.5% in 2023. β–¬ Flat

Latest (2023)
41.5%
Change on year
up 1.0%
World rank
65th
of 122 countries
All-time high
45.4%
in 2005
All-time low
36.7%
in 1993
Years of data
27
1993–2023

Income share held by highest 20% in Latvia, 1993–2023

010203040501993200820231993: 36.71995: 39.31996: 39.71997: 41.81998: 41.12002: 42.52003: 442004: 43.52005: 45.42006: 42.62007: 442008: 43.52009: 42.62010: 41.72011: 42.82012: 42.32013: 42.62014: 42.22015: 41.52016: 41.52017: 42.42018: 42.32019: 422020: 42.92021: 41.52022: 41.12023: 41.5

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 65th out of 122 countries with data for 2023, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest 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

  1. 62 Guinea-Bissau 41.6% compare
  2. 62 Nigeria 41.6% compare
  3. 62 Tunisia 41.6% compare
  4. 65 Georgia 41.5% compare
  5. 65 Switzerland 41.5% compare
  6. 65 Thailand 41.5% compare

See the full ranking of 122 places β†’

More poverty & inequality data for Latvia

All data for Latvia β†’

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 65th out of 122 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.

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Income share held by highest 20% in Latvia. Statizoid, drawing on 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. Retrieved 17 August 2026, from https://poverty.statizoid.com/stat/income-share-held-by-highest-20-percent/latvia/

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About this data

Indicator
Income share held by highest 20%
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
122 places, 2,305 data points, 1963–2025
Last refreshed

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.