Guinea vs Latvia: Palma ratio (before tax)

Guinea

3.18

in 2018

Latvia

3.21

in 2022

Guinea rank

82nd

Latvia rank

80th

Palma ratio (before tax) over time

Guinea
Latvia

How they compare

Latvia currently reports 3.21 against 3.18 in Guinea, a difference of 0.0296.

Guinea ranks 82nd and Latvia ranks 80th of 113 countries.

Individual pages

Palma ratio (before tax) in Guinea
Palma ratio (before tax) in Latvia
Full country ranking

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: 07 August 2026

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.