Latvia vs Switzerland: Palma ratio

Latvia
1.34
in 2023
Switzerland
1.34
in 2022
Latvia rank
65th
Switzerland rank
62nd

Palma ratio over time

  • Latvia
  • Switzerland
00.511.5198220022023

How they compare

Switzerland currently reports 1.34 against 1.34 in Latvia, a difference of 0.

The two have swapped places 1 time across 18 shared years of data; in 2004 it was Latvia ahead.

Latvia ranks 65th and Switzerland ranks 62nd of 120 countries.

Latvia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Latvia Switzerland Difference Ahead
2000s 1.53 1.3 0.226 Latvia
2010s 1.41 1.26 0.153 Latvia
2020s 1.39 1.34 0.0449 Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher palma ratio, Latvia or Switzerland?
Switzerland, at 1.34 against 1.34 in Latvia as of 2022.
What is the difference in palma ratio between Latvia and Switzerland?
0, with Switzerland ahead.
How many years of comparable data are there for Latvia and Switzerland?
18 years are reported by both, from 2004 to 2022.
How do Latvia and Switzerland rank globally for palma ratio?
Latvia ranks 65th and Switzerland ranks 62nd of 120 countries.
Where does this data come from?
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as Palma ratio. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Switzerland: Palma ratio. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/compare/palma-ratio-wb/latvia/switzerland/

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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.