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 0.12.
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.
Across the 5 decades both report, Australia averaged higher in 3 and Latvia in 2.
Head to head by decade
| Decade | Australia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 2.76 | 1.27 | 1.49 | Australia |
| 1990s | 2.75 | 2.95 | 0.2063 | Latvia |
| 2000s | 3.1 | 3.52 | 0.425 | Latvia |
| 2010s | 3.2 | 3.08 | 0.1178 | Australia |
| 2020s | 3.24 | 3.2 | 0.041 | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher palma ratio (before tax), Australia or Latvia?
- Australia, at 3.33 against 3.21 in Latvia as of 2022.
- What is the difference in palma ratio (before tax) between Australia and Latvia?
- 0.12, with Australia ahead.
- How many years of comparable data are there for Australia and Latvia?
- 27 years are reported by both, from 1988 to 2022.
- How do Australia and Latvia rank globally for palma ratio (before tax)?
- Australia ranks 78th 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.
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.