{"entity":{"iso2":"LV","iso3":"LVA","name":"Latvia","slug":"latvia"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"palma-ratio-wb","source":"World Bank Poverty and Inequality Platform (2026) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/palma-ratio-wb","title":"Palma ratio","unit":null},"observations":[{"date":"1993-01-01","value":0.951455},{"date":"1995-01-01","value":1.1795},{"date":"1996-01-01","value":1.21769},{"date":"2004-01-01","value":1.51789},{"date":"2005-01-01","value":1.7451},{"date":"2006-01-01","value":1.4421},{"date":"2007-01-01","value":1.62347},{"date":"2008-01-01","value":1.58773},{"date":"2009-01-01","value":1.46897},{"date":"2010-01-01","value":1.42148},{"date":"2011-01-01","value":1.47373},{"date":"2012-01-01","value":1.42021},{"date":"2013-01-01","value":1.43426},{"date":"2014-01-01","value":1.41145},{"date":"2015-01-01","value":1.35281},{"date":"2016-01-01","value":1.35328},{"date":"2017-01-01","value":1.46097},{"date":"2018-01-01","value":1.42692},{"date":"2019-01-01","value":1.38047},{"date":"2020-01-01","value":1.47646},{"date":"2021-01-01","value":1.36412},{"date":"2022-01-01","value":1.32034},{"date":"2023-01-01","value":1.34121}],"summary":{"latest_period":"2023-01-01","latest_value":1.34121,"max":1.7451,"mean":1.40746,"min":0.951455,"of":120,"rank":65,"trend":"rising"}}