Share living on less than $8.30 a day vs. mean income or consumption in Latvia

Latvia: Share living on less than $8.30 a day vs. mean income or consumption was 2.8% in 2023. ◆ Volatile

Latest (2023)
2.8%
Change on year
down 5.0%
World rank
90th
of 120 countries
All-time high
48.0%
in 1993
All-time low
2.4%
in 2021
Years of data
23
1993–2023

Share living on less than $8.30 a day vs. mean income or consumption in Latvia, 1993–2023

010203040501993200820231993: 48 %1995: 35.5 %1996: 37.3 %2004: 23.1 %2005: 20.3 %2006: 11.1 %2007: 7.3 %2008: 9.2 %2009: 14 %2010: 14.6 %2011: 13.7 %2012: 12.5 %2013: 10 %2014: 8.4 %2015: 5.7 %2016: 5.5 %2017: 5.4 %2018: 3.6 %2019: 3.3 %2020: 2.9 %2021: 2.4 %2022: 2.9 %2023: 2.8 %

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

Analysis

Latvia recorded 2.8% for share living on less than $8.30 a day vs. mean income or consumption in 2023.

That represents a change of down 5.0% on the previous year and down 72.3% over ten years.

Over the whole period, share living on less than $8.30 a day vs. mean income or consumption in Latvia peaked at 48.0% in 1993 and was at its lowest, 2.4%, in 2021.

Latvia ranks 90th of 120 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.

Share living on less than $8.30 a day vs. mean income or consumption in Latvia, year by year

Annual values for Share living on less than $8.30 a day vs. mean income or consumption in Latvia, 1993 to 2023.
Year % Change
1993 48.0%
1995 35.5% -26.1%
1996 37.3% +5.3%
2004 23.1% -38.3%
2005 20.3% -12.1%
2006 11.1% -45.0%
2007 7.3% -34.2%
2008 9.2% +25.1%
2009 14.0% +52.8%
2010 14.6% +4.3%
2011 13.7% -6.0%
2012 12.5% -8.7%
2013 10.0% -20.1%
2014 8.4% -15.9%
2015 5.7% -31.8%
2016 5.5% -4.5%
2017 5.4% -0.9%
2018 3.6% -33.1%
2019 3.3% -10.1%
2020 2.9% -10.3%
2021 2.4% -18.4%
2022 2.9% +22.4%
2023 2.8% -5.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 40.3% 35.5% 48.0% 3
2000s 14.2% 7.3% 23.1% 6
2010s 8.3% 3.3% 14.6% 10
2020s 2.8% 2.4% 2.9% 4

Countries ranked near Latvia

  1. 87 Lithuania 3.2% compare
  2. 88 Greece 3.2% compare
  3. 89 Malaysia 2.9% compare
  4. 91 Belarus 2.6% compare
  5. 92 Spain 2.3% compare
  6. 93 Portugal 2.2% compare

See the full ranking of 120 places →

More poverty & inequality data for Latvia

All data for Latvia →

Frequently asked questions

What is share living on less than $8.30 a day vs. mean income or consumption in Latvia?
Share living on less than $8.30 a day vs. mean income or consumption in Latvia was 2.8% in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest share living on less than $8.30 a day vs. mean income or consumption recorded in Latvia?
The highest recorded value was 48.0% in 1993.
What is the lowest share living on less than $8.30 a day vs. mean income or consumption recorded in Latvia?
The lowest recorded value was 2.4% in 2021.
How does Latvia rank for share living on less than $8.30 a day vs. mean income or consumption?
Latvia ranks 90th out of 120 countries with data for 2023.
Is share living on less than $8.30 a day vs. mean income or consumption rising or falling in Latvia?
Over the last ten years it is down 72.3%. 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 Share living on less than $8.30 a day vs. mean income or consumption. Statizoid updates them automatically from the source API.

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Share living on less than $8.30 a day vs. mean income or consumption in Latvia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 02 September 2026, from https://poverty.statizoid.com/stat/share-living-on-upper-middle-income-poverty-line-vs-average-daily-income/latvia/

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About this data

Indicator
Share living on less than $8.30 a day vs. mean income or consumption
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

Percentage of population living in households with an income or consumption below $8.30 per day.