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
00.511.52199320082024

How they compare

Georgia currently reports 1.34 against 1.34 in Latvia, a difference of 0.0013.

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.

Individual pages

About this data

Indicator
Palma ratio
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

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.