Poverty gap index at $3 a day in Latvia

Latvia: Poverty gap index at $3 a day was 0.3% in 2023. ◆ Volatile

Latest (2023)
0.3%
Change on year
up 55.4%
World rank
71st
of 120 countries
All-time high
1.6%
in 2004
All-time low
0.0%
in 1993
Years of data
23
1993–2023

Poverty gap index at $3 a day in Latvia, 1993–2023

00.511.51993200820231993: 0 %1995: 0.224 %1996: 0.762 %2004: 1.6 %2005: 1.5 %2006: 1 %2007: 0.418 %2008: 0.732 %2009: 1.2 %2010: 1 %2011: 0.65 %2012: 0.662 %2013: 0.763 %2014: 0.493 %2015: 0.447 %2016: 0.392 %2017: 0.443 %2018: 0.229 %2019: 0.203 %2020: 0.283 %2021: 0.282 %2022: 0.197 %2023: 0.307 %

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for poverty gap index at $3 a day in Latvia is 0.3%, measured in 2023.

That represents a change of up 55.4% on the previous year and down 59.8% over ten years.

Over the whole period, poverty gap index at $3 a day in Latvia peaked at 1.6% in 2004 and was at its lowest, 0.0%, in 1993.

That places Latvia 71st out of 120 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.3% 0.0% 0.8% 3
2000s 1.1% 0.4% 1.6% 6
2010s 0.5% 0.2% 1.0% 10
2020s 0.3% 0.2% 0.3% 4

Countries ranked near Latvia

  1. 68 Palestine 0.3% compare
  2. 69 Jamaica 0.3% compare
  3. 70 Nepal 0.3% compare
  4. 72 Kyrgyzstan 0.3% compare
  5. 73 United Kingdom 0.3% compare
  6. 74 Denmark 0.3% compare

See the full ranking of 120 places →

More poverty & inequality data for Latvia

All data for Latvia →

Frequently asked questions

What is poverty gap index at $3 a day in Latvia?
Poverty gap index at $3 a day in Latvia was 0.3% in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest poverty gap index at $3 a day recorded in Latvia?
The highest recorded value was 1.6% in 2004.
What is the lowest poverty gap index at $3 a day recorded in Latvia?
The lowest recorded value was 0.0% in 1993.
How does Latvia rank for poverty gap index at $3 a day?
Latvia ranks 71st out of 120 countries with data for 2023.
Is poverty gap index at $3 a day rising or falling in Latvia?
Over the last ten years it is down 59.8%. The long-run trend across the full record is volatile.
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 Poverty gap index at $3 a day. Statizoid updates them automatically from the source API.

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About this data

Indicator
Poverty gap index at $3 a day
Unit
%
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 poverty gap index is a poverty measure that reflects both the prevalence and the depth of poverty. It is calculated as the share of population in poverty multiplied by the average shortfall from the poverty line (expressed as a % of the poverty line).