Germany vs Latvia: Palma ratio

Germany

1.33

in 2022

Latvia

1.34

in 2023

Germany rank

66th

Latvia rank

65th

Palma ratio over time

Germany
Latvia

How they compare

Latvia currently reports 1.34 against 1.33 in Germany, a difference of 0.0119.

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

Germany ranks 66th and Latvia ranks 65th of 120 countries.

Individual pages

Palma ratio in Germany
Palma ratio in Latvia
Full country ranking

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: 07 August 2026

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.