Income share of the richest 20% — all countries

Income share of the richest 20% — Latvia

Income share of the richest 20% in Latvia in 2023 — 41.5%. Ranked 30 in the world out of 57. Since 1993, the indicator has risen by 4.8 pp.

2023 41.5% +0.4 pp vs 2022
World rank 30of 57
Period maximum 45.4%2005
Period minimum 36.7%1993

Trend over time

1993–2023 · % of income

Income share of the richest 20% — Latvia, 1993–20233537.54042.54547.5199319961999200220052008201120142017202020231993: 36.7%1995: 39.3%1996: 39.7%1997: 41.8%1998: 41.1%2002: 42.5%2003: 44%2004: 43.5%2005: 45.4%2006: 42.6%2007: 44%2008: 43.5%2009: 42.6%2010: 41.7%2011: 42.8%2012: 42.3%2013: 42.6%2014: 42.2%2015: 41.5%2016: 41.5%2017: 42.4%2018: 42.3%2019: 42%2020: 42.9%2021: 41.5%2022: 41.1%2023: 41.5%
Change over the period: +4.8 pp Annual average: 0.16 pp
Income share of the richest 20% — Latvia, by year Latvia All countries CSV XLSX
Year % Change, pp
2023 41.5 +0.4 pp
2022 41.1 −0.4 pp
2021 41.5 −1.4 pp
2020 42.9 +0.9 pp
2019 42 −0.3 pp
2018 42.3 −0.1 pp
2017 42.4 +0.9 pp
2016 41.5 +0 pp
2015 41.5 −0.7 pp
2014 42.2 −0.4 pp
2013 42.6 +0.3 pp
2012 42.3 −0.5 pp
2011 42.8 +1.1 pp
2010 41.7 −0.9 pp
2009 42.6 −0.9 pp
2008 43.5 −0.5 pp
2007 44 +1.4 pp
2006 42.6 −2.8 pp
2005 45.4 +1.9 pp
2004 43.5 −0.5 pp
2003 44 +1.5 pp
2002 42.5
1998 41.1 −0.7 pp
1997 41.8 +2.1 pp
1996 39.7 +0.4 pp
1995 39.3
1993 36.7

Northern Europe, 2023

The same indicator for neighboring countries — with links to their pages

About the indicator

The share of total income or consumption that goes to the richest twenty percent of the population. Under complete equality it would be twenty percent; in the most unequal countries of Latin America and Southern Africa it comes to more than sixty. The ratio of this share to the share of the poorest quintile — the quintile ratio, S80/S20 — was historically the first measure of inequality, and it speaks more clearly than the Gini index about the gap between the poles.

Important: There are no aggregates for country groups for the same reason as with the Gini index: the quintile of a group is not a union of national quintiles. Household surveys systematically understate the incomes of the richest, so real inequality is higher than measured.

Source: World Development Indicators (World Bank), license CC BY 4.0.