Poverty: Share of population living on less than $8.30 a day in Latvia
Latvia: Poverty: Share of population living on less than $8.30 a day was 2.8% in 2023. ◆ Volatile
Poverty: Share of population living on less than $8.30 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 2.8% for poverty: share of population living on less than $8.30 a day in 2023.
The figure is down 5.0% on the previous year and down 72.3% over ten years.
Over the whole period, poverty: share of population living on less than $8.30 a day in Latvia peaked at 48.0% in 1993 and was at its lowest, 2.4%, in 2021.
That places Latvia 90th 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.
Poverty: Share of population living on less than $8.30 a day in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 48.0% | — |
| 1995 | 35.5% | -26.1% |
| 1996 | 37.3% | +5.3% |
| 2004 | 23.1% | -38.3% |
| 2005 | 20.3% | -12.1% |
| 2006 | 11.1% | -45.0% |
| 2007 | 7.3% | -34.2% |
| 2008 | 9.2% | +25.1% |
| 2009 | 14.0% | +52.8% |
| 2010 | 14.6% | +4.3% |
| 2011 | 13.7% | -6.0% |
| 2012 | 12.5% | -8.7% |
| 2013 | 10.0% | -20.1% |
| 2014 | 8.4% | -15.9% |
| 2015 | 5.7% | -31.8% |
| 2016 | 5.5% | -4.5% |
| 2017 | 5.4% | -0.9% |
| 2018 | 3.6% | -33.1% |
| 2019 | 3.3% | -10.1% |
| 2020 | 2.9% | -10.3% |
| 2021 | 2.4% | -18.4% |
| 2022 | 2.9% | +22.4% |
| 2023 | 2.8% | -5.0% |
Latvia compared with similar countries
- Latvia's 2.8% is above the median for high income countries, which is 1.5%, 1.9× the median. (42 countries reporting)
- Latvia's 2.8% is above the median for Europe & Central Asia, which is 2.6%, 1.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 40.3% | 35.5% | 48.0% | 3 |
| 2000s | 14.2% | 7.3% | 23.1% | 6 |
| 2010s | 8.3% | 3.3% | 14.6% | 10 |
| 2020s | 2.8% | 2.4% | 2.9% | 4 |
Countries ranked near Latvia
More poverty & inequality data for Latvia
- Number of income/consumption surveys in the past decade available via the World Bank 8 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ 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 $8.30 a day in Latvia?
- Poverty: share of population living on less than $8.30 a day 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 poverty: share of population living on less than $8.30 a day recorded in Latvia?
- The highest recorded value was 48.0% in 1993.
- What is the lowest poverty: share of population living on less than $8.30 a day recorded in Latvia?
- The lowest recorded value was 2.4% in 2021.
- How does Latvia rank for poverty: share of population living on less than $8.30 a day?
- Latvia ranks 90th out of 120 countries with data for 2023.
- Is poverty: share of population living on less than $8.30 a day 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 Poverty: Share of population living on less than $8.30 a day. Statizoid updates them automatically from the source API.
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About this data
Percentage of population living in households with an income or consumption below $8.30 per day.