Poverty headcount ratio at $4.20 a day (2021 PPP) in Latvia
Latvia: Poverty headcount ratio at $4.20 a day (2021 PPP) was 0.7% in 2023. ◆ Volatile
Poverty headcount ratio at $4.20 a day (2021 PPP) 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. Measured in % of population.
Analysis
The most recent figure for poverty headcount ratio at $4.20 a day (2021 ppp) in Latvia is 0.7%, measured in 2023. That is the lowest value across all 27 years on record.
The figure is down 74.1% over ten years.
Over the whole period, poverty headcount ratio at $4.20 a day (2021 ppp) in Latvia peaked at 10.5% in 1997 and was at its lowest, 0.7%, in 2022.
Latvia ranks 90th of 123 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Poverty headcount ratio at $4.20 a day (2021 PPP) in Latvia, year by year
| Year | % of population | Change |
|---|---|---|
| 1993 | 5.4% | — |
| 1995 | 7.1% | +31.5% |
| 1996 | 8.6% | +21.1% |
| 1997 | 10.5% | +22.1% |
| 1998 | 8.9% | -15.2% |
| 2002 | 4.2% | -52.8% |
| 2003 | 3.7% | -11.9% |
| 2004 | 6.2% | +67.6% |
| 2005 | 5.7% | -8.1% |
| 2006 | 2.9% | -49.1% |
| 2007 | 1.9% | -34.5% |
| 2008 | 2.6% | +36.8% |
| 2009 | 4.2% | +61.5% |
| 2010 | 4.1% | -2.4% |
| 2011 | 3.4% | -17.1% |
| 2012 | 3.1% | -8.8% |
| 2013 | 2.7% | -12.9% |
| 2014 | 2.2% | -18.5% |
| 2015 | 1.7% | -22.7% |
| 2016 | 1.5% | -11.8% |
| 2017 | 1.7% | +13.3% |
| 2018 | 1.0% | -41.2% |
| 2019 | 0.8% | -20.0% |
| 2020 | 0.8% | +0.0% |
| 2021 | 0.8% | +0.0% |
| 2022 | 0.7% | -12.5% |
| 2023 | 0.7% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.1% | 5.4% | 10.5% | 5 |
| 2000s | 3.9% | 1.9% | 6.2% | 8 |
| 2010s | 2.2% | 0.8% | 4.1% | 10 |
| 2020s | 0.8% | 0.7% | 0.8% | 4 |
Countries ranked near Latvia
More poverty & inequality data for Latvia
- Number of income/consumption surveys in the past decade available via the World Bank 8 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ 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 poverty headcount ratio at $4.20 a day (2021 ppp) in Latvia?
- Poverty headcount ratio at $4.20 a day (2021 ppp) in Latvia was 0.7% 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 poverty headcount ratio at $4.20 a day (2021 ppp) recorded in Latvia?
- The highest recorded value was 10.5% in 1997.
- What is the lowest poverty headcount ratio at $4.20 a day (2021 ppp) recorded in Latvia?
- The lowest recorded value was 0.7% in 2022.
- How does Latvia rank for poverty headcount ratio at $4.20 a day (2021 ppp)?
- Latvia ranks 90th out of 123 countries with data for 2023.
- Is poverty headcount ratio at $4.20 a day (2021 ppp) rising or falling in Latvia?
- Over the last ten years it is down 74.1%. 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. 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 Poverty headcount ratio at $4.20 a day (2021 PPP) (% of population). Statizoid updates them automatically from the source API.
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About this data
Poverty headcount ratio at $4.20 a day is the percentage of the population living on less than $4.20 a day at 2021 international prices.