Australia vs Latvia: Palma ratio
Australia
1.33
in 2020
Latvia
1.34
in 2023
Australia rank
67th
Latvia rank
65th
Palma ratio over time
- Australia
- Latvia
How they compare
Latvia currently reports 1.34 against 1.33 in Australia, a difference of 0.0152.
The two have swapped places 1 time across 8 shared years of data; in 1995 it was Australia ahead.
Australia ranks 67th and Latvia ranks 65th of 120 countries.
Individual pages
About this data
The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.