Share of population living in extreme poverty (2017 prices) in Latvia

Latvia: Share of population living in extreme poverty (2017 prices) was 0.4% in 2021. ◆ Volatile

Latest (2021)
0.4%
Change on year
down 12.7%
World rank
74th
of 119 countries
All-time high
2.5%
in 2004
All-time low
0.0%
in 1993
Years of data
21
1993–2021

Share of population living in extreme poverty (2017 prices) in Latvia, 1993–2021

00.511.522.51993200720211993: 0 %1995: 0.031 %1996: 1.8 %2004: 2.5 %2005: 2.4 %2006: 1.6 %2007: 0.635 %2008: 1.3 %2009: 1.7 %2010: 1.7 %2011: 1 %2012: 1.1 %2013: 1.2 %2014: 0.791 %2015: 0.65 %2016: 0.647 %2017: 0.797 %2018: 0.36 %2019: 0.239 %2020: 0.455 %2021: 0.397 %

Source: World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for share of population living in extreme poverty (2017 prices) in Latvia is 0.4%, measured in 2021.

The figure is down 12.7% on the previous year and down 61.4% over ten years.

Over the whole period, share of population living in extreme poverty (2017 prices) in Latvia peaked at 2.5% in 2004 and was at its lowest, 0.0%, in 1993.

That places Latvia 74th out of 119 countries with data for 2021, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Share of population living in extreme poverty (2017 prices) in Latvia, year by year

Annual values for Share of population living in extreme poverty (2017 prices) in Latvia, 1993 to 2021.
Year % Change
1993 0.0%
1995 0.0%
1996 1.8% +5596.8%
2004 2.5% +41.0%
2005 2.4% -5.2%
2006 1.6% -34.2%
2007 0.6% -59.1%
2008 1.3% +101.4%
2009 1.7% +32.7%
2010 1.7% +2.1%
2011 1.0% -40.6%
2012 1.1% +3.8%
2013 1.2% +9.1%
2014 0.8% -32.1%
2015 0.7% -17.8%
2016 0.6% -0.5%
2017 0.8% +23.2%
2018 0.4% -54.8%
2019 0.2% -33.6%
2020 0.5% +90.3%
2021 0.4% -12.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.6% 0.0% 1.8% 3
2000s 1.7% 0.6% 2.5% 6
2010s 0.8% 0.2% 1.7% 10
2020s 0.4% 0.4% 0.5% 2

Countries ranked near Latvia

  1. 71 Iran 0.5% compare
  2. 72 Turkey 0.4% compare
  3. 73 Hungary 0.4% compare
  4. 75 Chile 0.4% compare
  5. 76 Nepal 0.4% compare
  6. 77 Kyrgyzstan 0.3% compare

See the full ranking of 119 places →

More poverty & inequality data for Latvia

All data for Latvia →

Frequently asked questions

What is share of population living in extreme poverty (2017 prices) in Latvia?
Share of population living in extreme poverty (2017 prices) in Latvia was 0.4% in 2021, according to World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data.
What is the highest share of population living in extreme poverty (2017 prices) recorded in Latvia?
The highest recorded value was 2.5% in 2004.
What is the lowest share of population living in extreme poverty (2017 prices) recorded in Latvia?
The lowest recorded value was 0.0% in 1993.
How does Latvia rank for share of population living in extreme poverty (2017 prices)?
Latvia ranks 74th out of 119 countries with data for 2021.
Is share of population living in extreme poverty (2017 prices) rising or falling in Latvia?
Over the last ten years it is down 61.4%. 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 (2024) – with major processing by Our World in Data, published as part of Share of population living in extreme poverty (2017 prices). Statizoid updates them automatically from the source API.

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Share of population living in extreme poverty (2017 prices) in Latvia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Retrieved 01 September 2026, from https://poverty.statizoid.com/stat/share-of-population-living-in-extreme-poverty-2017-prices/latvia/

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About this data

Indicator
Share of population living in extreme poverty (2017 prices)
Unit
%
Source
World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
119 places, 2,016 data points, 1963–2023
Last refreshed

Percentage of population living in households with an income or consumption below $2.15 per day.