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.

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

Annual values for Income share of the richest 1% (before tax) in Latvia, 1988 to 2022.
Year % Change
1988 3.7%
1993 6.9% +87.3%
1996 10.0% +43.7%
1997 10.1% +1.6%
1998 11.0% +8.4%
1999 10.2% -6.6%
2000 10.4% +1.2%
2003 11.1% +7.1%
2004 11.3% +1.8%
2005 11.9% +5.7%
2006 9.8% -17.9%
2007 10.9% +10.8%
2008 10.9% +0.4%
2009 11.6% +6.2%
2010 9.8% -15.8%
2011 10.6% +8.9%
2012 11.4% +7.6%
2013 11.7% +2.5%
2014 10.6% -9.5%
2015 10.1% -4.8%
2016 8.6% -15.0%
2017 9.9% +15.7%
2018 9.9% -0.2%
2019 9.4% -5.1%
2020 9.4% +0.0%
2021 9.6% +2.3%
2022 9.6% -0.2%

Latvia compared with similar countries

  • Latvia's 9.6% is below the median for high income countries, which is 11.8%, 81% of the median. (45 countries reporting)
  • Latvia's 9.6% is below the median for Europe & Central Asia, which is 10.8%, 89% of the median. (42 countries reporting)

Biggest year-on-year movements

Years where Income share of the richest 1% (before tax) in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1993 +87.3% 3.7% 6.9%

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).

Share, cite or embed this page

Cite this page

Income share of the richest 1% (before tax) in Latvia. Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/incomes-of-the-richest/latvia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/incomes-of-the-richest/latvia/">Income share of the richest 1% (before tax) in Latvia</a> — Statizoid

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

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