Georgia vs Latvia: Palma ratio
Georgia
1.34
in 2024
Latvia
1.34
in 2023
Georgia rank
64th
Latvia rank
65th
Palma ratio over time
- Georgia
- Latvia
How they compare
Georgia currently reports 1.34 against 1.34 in Latvia, a difference of 0.
The two have swapped places 6 times across 21 shared years of data; in 1996 it was Georgia ahead.
Georgia ranks 64th and Latvia ranks 65th of 120 countries.
Across the 4 decades both report, Georgia averaged higher in 3 and Latvia in 1.
Head to head by decade
| Decade | Georgia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.6 | 1.22 | 0.3803 | Georgia |
| 2000s | 1.62 | 1.56 | 0.0548 | Georgia |
| 2010s | 1.65 | 1.41 | 0.234 | Georgia |
| 2020s | 1.37 | 1.38 | 0.007 | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher palma ratio, Georgia or Latvia?
- Georgia, at 1.34 against 1.34 in Latvia as of 2024.
- What is the difference in palma ratio between Georgia and Latvia?
- 0, with Georgia ahead.
- How many years of comparable data are there for Georgia and Latvia?
- 21 years are reported by both, from 1996 to 2023.
- How do Georgia and Latvia rank globally for palma ratio?
- Georgia ranks 64th and Latvia ranks 65th of 120 countries.
- Where does this data come from?
- World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as Palma ratio. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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.