Income or consumption of the poorest and richest 10% in Latvia
Latvia: Income or consumption of the poorest and richest 10% was 15.43 international-$ in 2021 prices in 2023. ▲ Rising
Latest (2023)
15.43 international-$ in 2021 prices
Change on year
up 4.9%
World rank
32nd
of 120 countries
All-time high
15.59 international-$ in 2021 prices
in 2021
All-time low
4.5 international-$ in 2021 prices
in 1996
Years of data
23
1993–2023
Income or consumption of the poorest and richest 10% in Latvia, 1993–2023
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, income or consumption of the poorest and richest 10% in Latvia stood at 15.43 international-$ in 2021 prices.
Compared with earlier readings it is up 4.9% on the previous year and up 86.1% over ten years.
Over the whole period, income or consumption of the poorest and richest 10% in Latvia peaked at 15.59 international-$ in 2021 prices in 2021 and was at its lowest, 4.5 international-$ in 2021 prices, in 1996.
That places Latvia 32nd out of 120 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Income or consumption of the poorest and richest 10% in Latvia, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1993 | 4.7 international-$ in 2021 prices | — |
| 1995 | 4.77 international-$ in 2021 prices | +1.4% |
| 1996 | 4.5 international-$ in 2021 prices | -5.6% |
| 2004 | 5.36 international-$ in 2021 prices | +19.0% |
| 2005 | 5.52 international-$ in 2021 prices | +2.9% |
| 2006 | 7.83 international-$ in 2021 prices | +41.9% |
| 2007 | 9.43 international-$ in 2021 prices | +20.5% |
| 2008 | 8.71 international-$ in 2021 prices | -7.7% |
| 2009 | 6.92 international-$ in 2021 prices | -20.5% |
| 2010 | 6.86 international-$ in 2021 prices | -0.9% |
| 2011 | 7.18 international-$ in 2021 prices | +4.6% |
| 2012 | 7.44 international-$ in 2021 prices | +3.6% |
| 2013 | 8.29 international-$ in 2021 prices | +11.5% |
| 2014 | 9.14 international-$ in 2021 prices | +10.2% |
| 2015 | 10.71 international-$ in 2021 prices | +17.1% |
| 2016 | 11.02 international-$ in 2021 prices | +3.0% |
| 2017 | 11.34 international-$ in 2021 prices | +2.9% |
| 2018 | 13.13 international-$ in 2021 prices | +15.7% |
| 2019 | 13.8 international-$ in 2021 prices | +5.1% |
| 2020 | 14.36 international-$ in 2021 prices | +4.0% |
| 2021 | 15.59 international-$ in 2021 prices | +8.6% |
| 2022 | 14.71 international-$ in 2021 prices | -5.6% |
| 2023 | 15.43 international-$ in 2021 prices | +4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.66 international-$ in 2021 prices | 4.5 international-$ in 2021 prices | 4.77 international-$ in 2021 prices | 3 |
| 2000s | 7.29 international-$ in 2021 prices | 5.36 international-$ in 2021 prices | 9.43 international-$ in 2021 prices | 6 |
| 2010s | 9.89 international-$ in 2021 prices | 6.86 international-$ in 2021 prices | 13.8 international-$ in 2021 prices | 10 |
| 2020s | 15.02 international-$ in 2021 prices | 14.36 international-$ in 2021 prices | 15.59 international-$ in 2021 prices | 4 |
Countries ranked near Latvia
- 29 Croatia 16.87 international-$ in 2021 prices compare
- 30 Lithuania 16.75 international-$ in 2021 prices compare
- 31 Portugal 16.14 international-$ in 2021 prices compare
- 33 Greece 12.95 international-$ in 2021 prices compare
- 34 Bulgaria 12.7 international-$ in 2021 prices compare
- 35 Israel 12.31 international-$ in 2021 prices compare
More reference data data for Latvia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
Frequently asked questions
- What is income or consumption of the poorest and richest 10% in Latvia?
- Income or consumption of the poorest and richest 10% in Latvia was 15.43 international-$ in 2021 prices in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest income or consumption of the poorest and richest 10% recorded in Latvia?
- The highest recorded value was 15.59 international-$ in 2021 prices in 2021.
- What is the lowest income or consumption of the poorest and richest 10% recorded in Latvia?
- The lowest recorded value was 4.5 international-$ in 2021 prices in 1996.
- How does Latvia rank for income or consumption of the poorest and richest 10%?
- Latvia ranks 32nd out of 120 countries with data for 2023.
- Is income or consumption of the poorest and richest 10% rising or falling in Latvia?
- Over the last ten years it is up 86.1%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Income or consumption of the poorest and richest 10%. Statizoid updates them automatically from the source API.
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About this data
Level of income or consumption per day below which 10% of the population falls.