Income share of the richest 1% (before tax) in Latvia

Latvia: Income share of the richest 1% (before tax) was 9.6% in 2022. ▲ Rising

Latest (2022)
9.6%
Change on year
down 0.2%
World rank
98th
of 113 countries
All-time high
11.9%
in 2005
All-time low
3.7%
in 1988
Years of data
27
1988–2022

Income share of the richest 1% (before tax) in Latvia, 1988–2022

46810121988200520221988: 3.7 %1993: 6.9 %1996: 10 %1997: 10.1 %1998: 11 %1999: 10.2 %2000: 10.4 %2003: 11.1 %2004: 11.3 %2005: 11.9 %2006: 9.8 %2007: 10.9 %2008: 10.9 %2009: 11.6 %2010: 9.8 %2011: 10.6 %2012: 11.4 %2013: 11.7 %2014: 10.6 %2015: 10.1 %2016: 8.6 %2017: 9.9 %2018: 9.9 %2019: 9.4 %2020: 9.4 %2021: 9.6 %2022: 9.6 %

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

In 2022, income share of the richest 1% (before tax) in Latvia stood at 9.6%.

The figure is down 0.2% on the previous year and down 16.0% over ten years.

Over the whole period, income share of the richest 1% (before tax) in Latvia peaked at 11.9% in 2005 and was at its lowest, 3.7%, in 1988.

That places Latvia 98th out of 113 countries with data for 2022, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 27 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 3.7% 3.7% 3.7% 1
1990s 9.6% 6.9% 11.0% 5
2000s 11.0% 9.8% 11.9% 8
2010s 10.2% 8.6% 11.7% 10
2020s 9.5% 9.4% 9.6% 3

Countries ranked near Latvia

  1. 95 Bosnia and Herzegovina 9.9% compare
  2. 96 Sweden 9.7% compare
  3. 97 Croatia 9.7% compare
  4. 99 Lithuania 9.5% compare
  5. 100 Norway 9.5% compare
  6. 101 Albania 9.3% compare

See the full ranking of 113 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is income share of the richest 1% (before tax) in Latvia?
Income share of the richest 1% (before tax) in Latvia was 9.6% in 2022, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest income share of the richest 1% (before tax) recorded in Latvia?
The highest recorded value was 11.9% in 2005.
What is the lowest income share of the richest 1% (before tax) recorded in Latvia?
The lowest recorded value was 3.7% in 1988.
How does Latvia rank for income share of the richest 1% (before tax)?
Latvia ranks 98th out of 113 countries with data for 2022.
Is income share of the richest 1% (before tax) rising or falling in Latvia?
Over the last ten years it is down 16.0%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Income share of the richest 1% (before tax). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Income share of the richest 1% (before tax)
Unit
%
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

The share of income received by the richest 1%. Income here is measured before taxes and benefits.