Poverty: Share of population living on less than $4.20 a day in Latvia
Latvia: Poverty: Share of population living on less than $4.20 a day was 0.7% in 2023. ◆ Volatile
Poverty: Share of population living on less than $4.20 a day in Latvia, 1993–2023
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2023, poverty: share of population living on less than $4.20 a day in Latvia stood at 0.7%. That is the lowest value across all 23 years on record.
That represents a change of down 6.4% on the previous year and down 75.6% over ten years.
Over the whole period, poverty: share of population living on less than $4.20 a day in Latvia peaked at 8.6% in 1996 and was at its lowest, 0.7%, in 2023.
That places Latvia 88th out of 120 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Poverty: Share of population living on less than $4.20 a day in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 5.4% | — |
| 1995 | 7.1% | +31.2% |
| 1996 | 8.6% | +20.0% |
| 2004 | 6.2% | -27.3% |
| 2005 | 5.7% | -8.7% |
| 2006 | 2.9% | -49.1% |
| 2007 | 1.9% | -35.7% |
| 2008 | 2.6% | +37.4% |
| 2009 | 4.2% | +62.7% |
| 2010 | 4.1% | -0.6% |
| 2011 | 3.4% | -18.7% |
| 2012 | 3.1% | -7.8% |
| 2013 | 2.7% | -11.4% |
| 2014 | 2.2% | -20.0% |
| 2015 | 1.7% | -21.5% |
| 2016 | 1.5% | -10.7% |
| 2017 | 1.7% | +7.8% |
| 2018 | 1.0% | -38.0% |
| 2019 | 0.8% | -19.4% |
| 2020 | 0.8% | +1.8% |
| 2021 | 0.8% | -6.1% |
| 2022 | 0.7% | -9.7% |
| 2023 | 0.7% | -6.4% |
Latvia compared with similar countries
- Latvia's 0.7% is above the median for high income countries, which is 0.6%, 1.2× the median. (42 countries reporting)
- Latvia's 0.7% is above the median for Europe & Central Asia, which is 0.6%, 1.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.0% | 5.4% | 8.6% | 3 |
| 2000s | 3.9% | 1.9% | 6.2% | 6 |
| 2010s | 2.2% | 0.8% | 4.1% | 10 |
| 2020s | 0.8% | 0.7% | 0.8% | 4 |
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 poverty: share of population living on less than $4.20 a day in Latvia?
- Poverty: share of population living on less than $4.20 a day in Latvia was 0.7% in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest poverty: share of population living on less than $4.20 a day recorded in Latvia?
- The highest recorded value was 8.6% in 1996.
- What is the lowest poverty: share of population living on less than $4.20 a day recorded in Latvia?
- The lowest recorded value was 0.7% in 2023.
- How does Latvia rank for poverty: share of population living on less than $4.20 a day?
- Latvia ranks 88th out of 120 countries with data for 2023.
- Is poverty: share of population living on less than $4.20 a day rising or falling in Latvia?
- Over the last ten years it is down 75.6%. The long-run trend across the full record is volatile.
- 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 Poverty: Share of population living on less than $4.20 a day. Statizoid updates them automatically from the source API.
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About this data
Percentage of population living in households with an income or consumption below $4.20 per day.