Income share of the richest 1%: World Inequality Database vs. World Bank in Latvia
Latvia: Income share of the richest 1%: World Inequality Database vs. World Bank was 8.7% in 2022. ▲ Rising
Income share of the richest 1%: World Inequality Database vs. World Bank in Latvia, 1988–2022
Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for income share of the richest 1%: world inequality database vs. world bank in Latvia is 8.7%, measured in 2022.
That represents a change of up 0.1% on the previous year and down 16.3% over ten years.
Over the whole period, income share of the richest 1%: world inequality database vs. world bank in Latvia peaked at 10.8% in 2005 and was at its lowest, 3.2%, in 1988.
That places Latvia 88th out of 109 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.
Income share of the richest 1%: World Inequality Database vs. World Bank in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 1988 | 3.2% | — |
| 1993 | 6.0% | +90.8% |
| 1996 | 8.4% | +39.0% |
| 1997 | 8.5% | +1.1% |
| 1998 | 9.0% | +6.7% |
| 1999 | 8.6% | -4.5% |
| 2000 | 9.0% | +4.5% |
| 2003 | 10.0% | +10.9% |
| 2004 | 10.1% | +1.4% |
| 2005 | 10.8% | +6.0% |
| 2006 | 8.8% | -18.1% |
| 2007 | 9.7% | +10.2% |
| 2008 | 9.4% | -3.2% |
| 2009 | 10.4% | +10.6% |
| 2010 | 8.8% | -14.9% |
| 2011 | 9.6% | +8.7% |
| 2012 | 10.4% | +8.0% |
| 2013 | 10.7% | +2.6% |
| 2014 | 9.6% | -9.5% |
| 2015 | 9.2% | -5.0% |
| 2016 | 7.8% | -14.7% |
| 2017 | 9.1% | +15.9% |
| 2018 | 9.1% | +0.3% |
| 2019 | 8.8% | -3.4% |
| 2020 | 8.6% | -1.8% |
| 2021 | 8.7% | +0.8% |
| 2022 | 8.7% | +0.1% |
Latvia compared with similar countries
- Latvia's 8.7% is below the median for high income countries, which is 9.1%, 95% of the median. (43 countries reporting)
- Latvia's 8.7% is below the median for Europe & Central Asia, which is 8.9%, 97% of the median. (42 countries reporting)
Biggest year-on-year movements
Years where Income share of the richest 1%: World Inequality Database vs. World Bank 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 | +90.8% | 3.2% | 6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.2% | 3.2% | 3.2% | 1 |
| 1990s | 8.1% | 6.0% | 9.0% | 5 |
| 2000s | 9.8% | 8.8% | 10.8% | 8 |
| 2010s | 9.3% | 7.8% | 10.7% | 10 |
| 2020s | 8.7% | 8.6% | 8.7% | 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 income share of the richest 1%: world inequality database vs. world bank in Latvia?
- Income share of the richest 1%: world inequality database vs. world bank in Latvia was 8.7% in 2022, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
- What is the highest income share of the richest 1%: world inequality database vs. world bank recorded in Latvia?
- The highest recorded value was 10.8% in 2005.
- What is the lowest income share of the richest 1%: world inequality database vs. world bank recorded in Latvia?
- The lowest recorded value was 3.2% in 1988.
- How does Latvia rank for income share of the richest 1%: world inequality database vs. world bank?
- Latvia ranks 88th out of 109 countries with data for 2022.
- Is income share of the richest 1%: world inequality database vs. world bank rising or falling in Latvia?
- Over the last ten years it is down 16.3%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Income share of the richest 1%: World Inequality Database vs. World Bank. Statizoid updates them automatically from the source API.
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About this data
Share of income received by the richest 1% of the population. Income here is measured after taxes and benefits.