Albania vs Latvia: Palma ratio (before tax)

Albania
3.24
in 2022
Latvia
3.21
in 2022
Albania rank
79th
Latvia rank
80th

Palma ratio (before tax) over time

  • Albania
  • Latvia
1234198820052022

How they compare

Albania currently reports 3.24 against 3.21 in Latvia, a difference of 0.03.

The two have swapped places 3 times across 12 shared years of data; in 1996 it was Latvia ahead.

Albania ranks 79th and Latvia ranks 80th of 113 countries.

Across the 4 decades both report, Albania averaged higher in 1 and Latvia in 3.

Head to head by decade

Decade Albania Latvia Difference Ahead
1990s 2.76 2.98 0.2273 Latvia
2000s 2.85 3.77 0.9183 Latvia
2010s 3.19 3.11 0.08 Albania
2020s 3.1 3.2 0.1079 Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher palma ratio (before tax), Albania or Latvia?
Albania, at 3.24 against 3.21 in Latvia as of 2022.
What is the difference in palma ratio (before tax) between Albania and Latvia?
0.03, with Albania ahead.
How many years of comparable data are there for Albania and Latvia?
12 years are reported by both, from 1996 to 2022.
How do Albania and Latvia rank globally for palma ratio (before tax)?
Albania ranks 79th and Latvia ranks 80th of 113 countries.
Where does this data come from?
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as Palma ratio (before tax). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Albania vs Latvia: Palma ratio (before tax). Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/compare/palma-ratio-wid/albania/latvia/

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About this data

Indicator
Palma ratio (before tax)
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
113 places, 3,075 data points, 1820–2024
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. Inequality is measured here in terms of income before taxes and benefits.