Prosperity gap in Latvia
Latvia: Prosperity gap was 1.29 in 2023. ▼ Falling
Prosperity gap in Latvia, 1993–2023
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
Analysis
In 2023, prosperity gap in Latvia stood at 1.29.
The figure is up 5.8% on the previous year and down 43.2% over ten years.
Over the whole period, prosperity gap in Latvia peaked at 3.58 in 2004 and was at its lowest, 1.22, in 2022.
Latvia ranks 91st of 120 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.48 | 3.32 | 3.57 | 3 |
| 2000s | 2.72 | 1.91 | 3.58 | 6 |
| 2010s | 1.92 | 1.32 | 2.66 | 10 |
| 2020s | 1.26 | 1.22 | 1.29 | 4 |
Countries ranked near Latvia
More reference data data for Latvia
- Spring temperature anomalies 4.57 °C (2026)
- Summer temperature anomalies 1.58 °C (2026)
- Temperature anomalies by month -5.99 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 2.33 °C (2025)
- Winter temperature anomalies 3.08 °C (2025)
- Consumer price index 162.39 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is prosperity gap in Latvia?
- Prosperity gap in Latvia was 1.29 in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest prosperity gap recorded in Latvia?
- The highest recorded value was 3.58 in 2004.
- What is the lowest prosperity gap recorded in Latvia?
- The lowest recorded value was 1.22 in 2022.
- How does Latvia rank for prosperity gap?
- Latvia ranks 91st out of 120 countries with data for 2023.
- Is prosperity gap rising or falling in Latvia?
- Over the last ten years it is down 43.2%. The long-run trend across the full record is falling.
- Where does this Latvia 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 Prosperity gap. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Average factor by which incomes need to be multiplied to bring everyone to the prosperity standard of $28 per person per day.