Latvia vs Montenegro: Palma ratio

Latvia
1.34
in 2023
Montenegro
1.34
in 2021
Latvia rank
65th
Montenegro rank
63rd

Palma ratio over time

  • Latvia
  • Montenegro
00.511.52199320082023

How they compare

Montenegro currently reports 1.34 against 1.34 in Latvia, a difference of 0.002.

The two have swapped places 1 time across 10 shared years of data; in 2012 it was Montenegro ahead.

Latvia ranks 65th and Montenegro ranks 63rd 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.