Incomes of the richest in Latvia
Latvia: Incomes of the richest was 9.61 in 2022. ▲ Rising
Incomes of the richest in Latvia, 1988–2022
Source: Our World in Data.
Analysis
In 2022, incomes of the richest in Latvia stood at 9.61.
The figure is down 0.2% on the previous year and down 16.0% over ten years.
Over the whole period, incomes of the richest in Latvia peaked at 11.95 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.
Incomes of the richest in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1988 | 3.7 | — |
| 1993 | 6.93 | +87.3% |
| 1996 | 9.96 | +43.7% |
| 1997 | 10.12 | +1.6% |
| 1998 | 10.97 | +8.4% |
| 1999 | 10.25 | -6.6% |
| 2000 | 10.37 | +1.2% |
| 2003 | 11.11 | +7.1% |
| 2004 | 11.31 | +1.8% |
| 2005 | 11.95 | +5.7% |
| 2006 | 9.81 | -17.9% |
| 2007 | 10.87 | +10.8% |
| 2008 | 10.91 | +0.4% |
| 2009 | 11.59 | +6.2% |
| 2010 | 9.76 | -15.8% |
| 2011 | 10.63 | +8.9% |
| 2012 | 11.44 | +7.6% |
| 2013 | 11.73 | +2.5% |
| 2014 | 10.61 | -9.5% |
| 2015 | 10.1 | -4.8% |
| 2016 | 8.59 | -15.0% |
| 2017 | 9.94 | +15.7% |
| 2018 | 9.92 | -0.2% |
| 2019 | 9.41 | -5.1% |
| 2020 | 9.41 | +0.0% |
| 2021 | 9.63 | +2.3% |
| 2022 | 9.61 | -0.2% |
Latvia compared with similar countries
- Latvia's 9.61 is below the median for high income countries, which is 11.84, 81% of the median. (45 countries reporting)
- Latvia's 9.61 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 Incomes of the richest 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.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +87.3% | 3.7 | 6.93 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.7 | 3.7 | 3.7 | 1 |
| 1990s | 9.65 | 6.93 | 10.97 | 5 |
| 2000s | 10.99 | 9.81 | 11.95 | 8 |
| 2010s | 10.21 | 8.59 | 11.73 | 10 |
| 2020s | 9.55 | 9.41 | 9.63 | 3 |
Countries ranked near Latvia
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 incomes of the richest in Latvia?
- Incomes of the richest in Latvia was 9.61 in 2022, according to Our World in Data.
- What is the highest incomes of the richest recorded in Latvia?
- The highest recorded value was 11.95 in 2005.
- What is the lowest incomes of the richest recorded in Latvia?
- The lowest recorded value was 3.7 in 1988.
- How does Latvia rank for incomes of the richest?
- Latvia ranks 98th out of 113 countries with data for 2022.
- Is incomes of the richest 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 Our World in Data, published as part of Incomes of the richest. Statizoid updates them automatically from the source API.
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CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (Our World in Data).