Income share held by lowest 20% in Latvia
Latvia: Income share held by lowest 20% was 7.2% in 2023. ▼ Falling
Income share held by lowest 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 lowest 20% in Latvia stood at 7.2%.
The figure is up 1.4% on the previous year and up 10.8% over ten years.
Over the whole period, income share held by lowest 20% in Latvia peaked at 9.6% in 1993 and was at its lowest, 5.9%, in 2005.
Latvia ranks 63rd of 123 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 27 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.0% | 7.2% | 9.6% | 5 |
| 2000s | 6.5% | 5.9% | 7.1% | 8 |
| 2010s | 6.7% | 6.2% | 7.1% | 10 |
| 2020s | 7.1% | 6.9% | 7.2% | 4 |
Countries ranked near Latvia
More poverty & inequality data for Latvia
- Data deprivation poverty surveys per decade 8 (2025)
- Fertility rate vs the share living in extreme poverty 1.34 (2023)
- Cereal yield vs extreme poverty 3,558 (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 revenues vs income inequality 31.88 (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
- Tax revenues vs income inequality, annual growth rate 3.64 % change on previous year (2023)
- Gender inequality index from the human development report 0.117 (2023)
Frequently asked questions
- What is income share held by lowest 20% in Latvia?
- Income share held by lowest 20% in Latvia was 7.2% 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 lowest 20% recorded in Latvia?
- The highest recorded value was 9.6% in 1993.
- What is the lowest income share held by lowest 20% recorded in Latvia?
- The lowest recorded value was 5.9% in 2005.
- How does Latvia rank for income share held by lowest 20%?
- Latvia ranks 63rd out of 123 countries with data for 2023.
- Is income share held by lowest 20% rising or falling in Latvia?
- Over the last ten years it is up 10.8%. The long-run trend across the full record is falling.
- 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 lowest 20%. Statizoid updates them automatically from the source API.
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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.