South Korea vs Latvia: Palma ratio (before tax)
South Korea
3.36
in 2022
Latvia
3.21
in 2022
South Korea rank
77th
Latvia rank
80th
Palma ratio (before tax) over time
- South Korea
- Latvia
How they compare
South Korea currently reports 3.36 against 3.21 in Latvia, a difference of 0.1498.
The two have swapped places 3 times across 18 shared years of data; in 1996 it was Latvia ahead.
South Korea ranks 77th 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.