Australia vs Latvia: Palma ratio (before tax)
Australia
3.33
in 2022
Latvia
3.21
in 2022
Australia rank
78th
Latvia rank
80th
Palma ratio (before tax) over time
- Australia
- Latvia
How they compare
Australia currently reports 3.33 against 3.21 in Latvia, a difference of 0.1147.
The two have swapped places 4 times across 27 shared years of data; in 1988 it was Australia ahead.
Australia ranks 78th and Latvia ranks 80th of 113 countries.
Individual pages
About this data
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.