Share of the population in poverty vs. Electoral Democracy Index in Latvia

Latvia: Share of the population in poverty vs. Electoral Democracy Index was 4.0% in 2023. ◆ Volatile

Latest (2023)
4.0%
Change on year
down 14.4%
World rank
90th
of 120 countries
All-time high
63.4%
in 1993
All-time low
3.5%
in 2021
Years of data
23
1993–2023

Share of the population in poverty vs. Electoral Democracy Index in Latvia, 1993–2023

02040601993200820231993: 63.4 %1995: 50.4 %1996: 52.9 %2004: 33.5 %2005: 30.2 %2006: 17.5 %2007: 11.6 %2008: 13.3 %2009: 18.7 %2010: 20.5 %2011: 19.2 %2012: 18.2 %2013: 14.5 %2014: 11.7 %2015: 8.7 %2016: 7.8 %2017: 7.9 %2018: 5.8 %2019: 4.9 %2020: 4.4 %2021: 3.5 %2022: 4.7 %2023: 4 %

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

Analysis

In 2023, share of the population in poverty vs. electoral democracy index in Latvia stood at 4.0%.

The figure is down 14.4% on the previous year and down 72.2% over ten years.

Over the whole period, share of the population in poverty vs. electoral democracy index in Latvia peaked at 63.4% in 1993 and was at its lowest, 3.5%, 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 of the population in poverty vs. Electoral Democracy Index in Latvia, year by year

Annual values for Share of the population in poverty vs. Electoral Democracy Index in Latvia, 1993 to 2023.
Year % Change
1993 63.4%
1995 50.4% -20.5%
1996 52.9% +4.9%
2004 33.5% -36.7%
2005 30.2% -9.8%
2006 17.5% -41.9%
2007 11.6% -33.6%
2008 13.3% +14.3%
2009 18.7% +40.4%
2010 20.5% +9.5%
2011 19.2% -6.3%
2012 18.2% -4.9%
2013 14.5% -20.2%
2014 11.7% -19.6%
2015 8.7% -25.3%
2016 7.8% -10.7%
2017 7.9% +1.8%
2018 5.8% -26.7%
2019 4.9% -16.1%
2020 4.4% -10.7%
2021 3.5% -18.8%
2022 4.7% +33.1%
2023 4.0% -14.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 55.6% 50.4% 63.4% 3
2000s 20.8% 11.6% 33.5% 6
2010s 11.9% 4.9% 20.5% 10
2020s 4.2% 3.5% 4.7% 4

Countries ranked near Latvia

  1. 87 Malaysia 5.6% compare
  2. 88 Greece 5.4% compare
  3. 89 Lithuania 4.2% compare
  4. 91 Japan 3.8% compare
  5. 92 Portugal 3.2% compare
  6. 93 Spain 3.0% compare

See the full ranking of 120 places →

More poverty & inequality data for Latvia

All data for Latvia →

Frequently asked questions

What is share of the population in poverty vs. electoral democracy index in Latvia?
Share of the population in poverty vs. electoral democracy index in Latvia was 4.0% in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest share of the population in poverty vs. electoral democracy index recorded in Latvia?
The highest recorded value was 63.4% in 1993.
What is the lowest share of the population in poverty vs. electoral democracy index recorded in Latvia?
The lowest recorded value was 3.5% in 2021.
How does Latvia rank for share of the population in poverty vs. electoral democracy index?
Latvia ranks 90th out of 120 countries with data for 2023.
Is share of the population in poverty vs. electoral democracy index rising or falling in Latvia?
Over the last ten years it is down 72.2%. 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 of the population in poverty vs. Electoral Democracy Index. Statizoid updates them automatically from the source API.

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Share of the population in poverty vs. Electoral Democracy Index in Latvia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 01 September 2026, from https://poverty.statizoid.com/stat/share-of-population-in-extreme-poverty-vs-electoral-democracy-index/latvia/

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About this data

Indicator
Share of the population in poverty vs. Electoral Democracy Index
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 $10 per day.