Wealth share of the richest 1% in Latvia
Latvia: Wealth share of the richest 1% was 28.6% in 2024. ▲ Rising
Wealth share of the richest 1% in Latvia, 1980–2024
Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, wealth share of the richest 1% in Latvia stood at 28.6%.
That represents a change of up 9.5% over ten years.
Over the whole period, wealth share of the richest 1% in Latvia peaked at 29.0% in 2017 and was at its lowest, 24.8%, in 1980.
That places Latvia 68th out of 215 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 24.8% | 24.8% | 24.8% | 10 |
| 1990s | 25.4% | 24.8% | 26.1% | 10 |
| 2000s | 26.2% | 25.9% | 26.6% | 10 |
| 2010s | 27.4% | 26.1% | 29.0% | 10 |
| 2020s | 28.6% | 28.6% | 28.7% | 5 |
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 wealth share of the richest 1% in Latvia?
- Wealth share of the richest 1% in Latvia was 28.6% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
- What is the highest wealth share of the richest 1% recorded in Latvia?
- The highest recorded value was 29.0% in 2017.
- What is the lowest wealth share of the richest 1% recorded in Latvia?
- The lowest recorded value was 24.8% in 1980.
- How does Latvia rank for wealth share of the richest 1%?
- Latvia ranks 68th out of 215 countries with data for 2024.
- Is wealth share of the richest 1% rising or falling in Latvia?
- Over the last ten years it is up 9.5%. 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 Wealth share of the richest 1%. Statizoid updates them automatically from the source API.
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About this data
The share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.