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.
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
- 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 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.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
The share of income received by the richest 1% of the population. Income here is measured after taxes and benefits.