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 0.0236.

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.

Individual pages

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.