Georgia vs Latvia: Palma ratio wb

Georgia
1.34
in 2024
Latvia
1.34
in 2023
Georgia rank
63rd
Latvia rank
64th

Palma ratio wb over time

  • Georgia
  • Latvia
00.511.52199320082024

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 63rd and Latvia ranks 64th 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 wb, Georgia or Latvia?
Georgia, at 1.34 against 1.34 in Latvia as of 2024.
What is the difference in palma ratio wb 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 wb?
Georgia ranks 63rd and Latvia ranks 64th of 120 countries.
Where does this data come from?
Our World in Data, published as Palma ratio wb. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Georgia vs Latvia: Palma ratio wb. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/compare/palma-ratio-wb/georgia/latvia/

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About this data

Indicator
Palma ratio wb
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed