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Aid, poverty & equality · Europe & Central Asia · High income

Latvia: poverty, inequality and aid

Extreme poverty is 0.4% (2023), 112th of 151 in the world and 22nd of 47 in Europe & Central Asia. Poverty, $4.20/day is 0.7% (2023), 115th of 151 in the world and 22nd of 47 in Europe & Central Asia. Poverty, $8.30/day is 2.8% (2023), 119th of 151 in the world and 22nd of 47 in Europe & Central Asia.

Extreme poverty0.4%2023 · world 112/151 · region 22/47Poverty, $4.20/day0.7%2023 · world 115/151 · region 22/47Poverty, $8.30/day2.8%2023 · world 119/151 · region 22/47National poverty rate22.5%2022 · world 67/145 · region 5/47
Extreme poverty
LatviaEurope & Central AsiaHigh incomeWorld
0%10%20%30%40%199520002005201020152020Latvia0.4%Europe & Central AsiaHigh incomeWorld
Poverty, $4.20/day
LatviaEurope & Central AsiaHigh incomeWorld
0%20%40%60%199520002005201020152020Latvia0.7%Europe & Central AsiaHigh incomeWorld
11 indicators

Aid, poverty & equality: Latvia in detail

Latest reported value, world rank and rank within Europe & Central Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.

IndicatorLatestWorld rankIn region~2000~2010~202010-year changeRegionIncome groupWorldSince 2000
Extreme povertyExtreme poverty, $3.00 a day (2021 PPP), % of population0.4%2023112/15122/471.5%20022.6%0.5%−1.1 ppsince 20130.6%0.6%10.1%
Poverty, $4.20/dayPoverty at $4.20 a day (2021 PPP), % of population0.7%2023115/15122/474.2%20024.1%0.8%−2.0 ppsince 20131.1%0.7%18.2%
Poverty, $8.30/dayPoverty at $8.30 a day (2021 PPP), % of population2.8%2023119/15122/4724.7%200214.6%2.9%−7.2 ppsince 20134.8%1.7%46.2%
National poverty ratePoverty at national poverty lines, % of population22.5%202267/1455/47·19.0%23.4%+3.1 ppsince 2012———
Gini indexGini index of income inequality34.0202381/1518/4735.1200235.035.7−4.2%since 2013———
Top 10% income shareIncome share held by the richest 10%26.2%202384/15110/4727.5%200226.2%27.5%−0.6 ppsince 2013———
Bottom 20% income shareIncome share held by the poorest 20%7.2%202373/15133/477.1%20026.2%6.9%+0.7 ppsince 2013———
UndernourishmentPrevalence of undernourishment, % of population2.5%2024138/16728/475.2%20012.5%2.5%±0.0 ppsince 20142.9%2.6%8.1%
Food insecurityModerate or severe food insecurity, % of population11.7%2024106/15511/45··9.4%—10.4%7.9%28.0%
Account ownershipAccount ownership (bank or mobile money), % of adults95.0%202429/14519/46·89.7%201196.6%2021+4.8 ppsince 201489.6%94.9%78.7%
Women in parliamentSeats held by women in national parliament, %31.0%202573/19033/5217.0%20.0%30.0%+13.0 ppsince 201531.7%31.2%27.2%
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.

Better than ten years ago

Worse than ten years ago

Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).

neighbours

Latvia and its neighbours

Countries sharing a land border with Latvia. Latest values since 2005; the highest in each row is marked.

IndicatorLatviaRussiaSwedenBelarusLithuaniaEstonia
Extreme poverty0.4%20230.1%20230.8%20230.0%20201.1%20230.3%2023
Poverty, $4.20/day0.7%20230.2%20230.9%20230.1%20201.2%20230.6%2023
Poverty, $8.30/day2.8%20230.9%20231.5%20232.6%20203.2%20231.3%2023
National poverty rate22.5%20227.2%202416.1%20223.5%202420.9%202122.5%2022
Gini index34.0202333.0202329.3202324.4202036.0202330.72023
Top 10% income share26.2%202325.1%202322.3%202320.7%202027.3%202323.7%2023
Bottom 20% income share7.2%20237.7%20237.9%202310.3%20206.5%20238.3%2023
Undernourishment2.5%20242.5%20242.5%20242.5%20242.5%20242.5%2024
Food insecurity11.7%20242.6%20247.9%20241.0%20246.7%202413.1%2024
Russia: aid, poverty & equalitySweden: aid, poverty & equalityBelarus: aid, poverty & equalityLithuania: aid, poverty & equalityEstonia: aid, poverty & equality
Aid, poverty & equality in Europe & Central Asiaall 58 economies rankedAid, poverty & equality: high-income countries86 economies rankedAid, poverty & equality: world leaderboardstop and bottom countriesLatvia: all key statisticscountry profile