Germany vs Latvia: Palma ratio wb

Germany
1.33
in 2022
Latvia
1.34
in 2023
Germany rank
65th
Latvia rank
64th

Palma ratio wb over time

  • Germany
  • Latvia
00.511.5199120072023

How they compare

Latvia currently reports 1.34 against 1.33 in Germany, a difference of 0.01.

The two have swapped places 2 times across 22 shared years of data; in 1993 it was Germany ahead.

Germany ranks 65th and Latvia ranks 64th of 120 countries.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Germany Latvia Difference Ahead
1990s 1.01 1.12 0.1019 Latvia
2000s 1.15 1.56 0.4101 Latvia
2010s 1.17 1.41 0.2414 Latvia
2020s 1.3 1.39 0.0835 Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher palma ratio wb, Germany or Latvia?
Latvia, at 1.34 against 1.33 in Germany as of 2023.
What is the difference in palma ratio wb between Germany and Latvia?
0.01, with Latvia ahead.
How many years of comparable data are there for Germany and Latvia?
22 years are reported by both, from 1993 to 2022.
How do Germany and Latvia rank globally for palma ratio wb?
Germany ranks 65th 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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Germany 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/germany/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