Poverty: Share of population living on less than $40 a day in Latvia
Latvia: Poverty: Share of population living on less than $40 a day was 63.2% in 2023. ▼ Falling
Poverty: Share of population living on less than $40 a day in Latvia, 1993–2023
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.
Analysis
Latvia recorded 63.2% for poverty: share of population living on less than $40 a day in 2023.
The figure is down 4.5% on the previous year and down 27.7% over ten years.
Over the whole period, poverty: share of population living on less than $40 a day in Latvia peaked at 100.0% in 1993 and was at its lowest, 61.5%, in 2021.
Latvia ranks 89th of 120 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Poverty: Share of population living on less than $40 a day in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 100.0% | — |
| 1995 | 98.8% | -1.2% |
| 1996 | 98.9% | +0.1% |
| 2004 | 96.3% | -2.6% |
| 2005 | 93.8% | -2.6% |
| 2006 | 91.8% | -2.1% |
| 2007 | 82.9% | -9.7% |
| 2008 | 83.8% | +1.1% |
| 2009 | 90.0% | +7.4% |
| 2010 | 91.7% | +1.9% |
| 2011 | 91.3% | -0.5% |
| 2012 | 90.5% | -0.9% |
| 2013 | 87.3% | -3.5% |
| 2014 | 84.8% | -2.9% |
| 2015 | 82.5% | -2.7% |
| 2016 | 79.1% | -4.2% |
| 2017 | 75.4% | -4.6% |
| 2018 | 71.5% | -5.2% |
| 2019 | 70.1% | -2.0% |
| 2020 | 65.6% | -6.4% |
| 2021 | 61.5% | -6.2% |
| 2022 | 66.1% | +7.5% |
| 2023 | 63.2% | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 99.2% | 98.8% | 100.0% | 3 |
| 2000s | 89.8% | 82.9% | 96.3% | 6 |
| 2010s | 82.4% | 70.1% | 91.7% | 10 |
| 2020s | 64.1% | 61.5% | 66.1% | 4 |
Countries ranked near Latvia
More poverty & inequality data for Latvia
- Number of income/consumption surveys in the past decade available via the World Bank 8 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ 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: share of population living on less than $40 a day in Latvia?
- Poverty: share of population living on less than $40 a day in Latvia was 63.2% in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest poverty: share of population living on less than $40 a day recorded in Latvia?
- The highest recorded value was 100.0% in 1993.
- What is the lowest poverty: share of population living on less than $40 a day recorded in Latvia?
- The lowest recorded value was 61.5% in 2021.
- How does Latvia rank for poverty: share of population living on less than $40 a day?
- Latvia ranks 89th out of 120 countries with data for 2023.
- Is poverty: share of population living on less than $40 a day rising or falling in Latvia?
- Over the last ten years it is down 27.7%. 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 (2026) – with major processing by Our World in Data, published as part of Poverty: Share of population living on less than $40 a day. Statizoid updates them automatically from the source API.
Download this data
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About this data
Percentage of population living in households with an income or consumption below $40 per day.