Palma ratio in Lithuania

Lithuania: Palma ratio was 1.48 in 2023. ▲ Rising

Latest (2023)
1.48
Change on year
down 4.3%
World rank
50th
of 120 countries
All-time high
1.7
in 2016
All-time low
1.23
in 2011
Years of data
21
1993–2023

Palma ratio in Lithuania, 1993–2023

00.511.51993200820231993: 1.32004: 1.62005: 1.42006: 1.42007: 1.42008: 1.52009: 1.62010: 1.32011: 1.22012: 1.42013: 1.42014: 1.62015: 1.62016: 1.72017: 1.62018: 1.52019: 1.42020: 1.52021: 1.62022: 1.52023: 1.5

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

In 2023, palma ratio in Lithuania stood at 1.48.

That represents a change of down 4.3% on the previous year and up 3.2% over ten years.

Over the whole period, palma ratio in Lithuania peaked at 1.7 in 2016 and was at its lowest, 1.23, in 2011.

That places Lithuania 50th 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 21 years of available data.

Palma ratio in Lithuania, year by year

Annual values for Palma ratio in Lithuania, 1993 to 2023.
Year Value Change
1993 1.34
2004 1.57 +17.4%
2005 1.44 -8.5%
2006 1.38 -4.2%
2007 1.39 +1.3%
2008 1.47 +5.3%
2009 1.58 +7.7%
2010 1.31 -17.3%
2011 1.23 -5.8%
2012 1.42 +15.7%
2013 1.43 +0.6%
2014 1.64 +14.3%
2015 1.61 -1.8%
2016 1.7 +5.8%
2017 1.59 -6.6%
2018 1.46 -8.0%
2019 1.44 -1.5%
2020 1.5 +3.8%
2021 1.56 +4.4%
2022 1.55 -1.0%
2023 1.48 -4.3%

Lithuania compared with similar countries

  • Lithuania's 1.48 is above the median for high income countries, which is 1.23, 1.2× the median. (42 countries reporting)
  • Lithuania's 1.48 is above the median for Europe & Central Asia, which is 1.13, 1.3× the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.34 1.34 1.34 1
2000s 1.47 1.38 1.58 6
2010s 1.48 1.23 1.7 10
2020s 1.52 1.48 1.56 4

Countries ranked near Lithuania

  1. 47 Vietnam 1.51 compare
  2. 48 Iran 1.5 compare
  3. 49 Mali 1.48 compare
  4. 51 Philippines 1.46 compare
  5. 52 Cote d'Ivoire 1.45 compare
  6. 53 Laos 1.43 compare

See the full ranking of 120 places →

More reference data data for Lithuania

All data for Lithuania →

Frequently asked questions

What is palma ratio in Lithuania?
Palma ratio in Lithuania was 1.48 in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest palma ratio recorded in Lithuania?
The highest recorded value was 1.7 in 2016.
What is the lowest palma ratio recorded in Lithuania?
The lowest recorded value was 1.23 in 2011.
How does Lithuania rank for palma ratio?
Lithuania ranks 50th out of 120 countries with data for 2023.
Is palma ratio rising or falling in Lithuania?
Over the last ten years it is up 3.2%. The long-run trend across the full record is rising.
Where does this Lithuania 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 Palma ratio. Statizoid updates them automatically from the source API.

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Palma ratio in Lithuania. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/lithuania/

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About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.