Latvia’s Income Inequality
#48 of 106 in the Income Inequality progress rankings
Income Inequality, represented by the Gini Index on a 0 to 100 scale, reflects the distribution of income across a country. It reveals disparities in wealth and economic opportunity among citizens, thereby indicating potential social imbalance (lower is better).
Latest (2022)
33.7
Year-over-year
-0.6
Change since start (1993→2022)
+6.7
Key insights
- From 1993 to 2022, Income Inequality changed by +6.7.
- Most recent year-over-year change (2021→2022): -0.6.
- Lowest level: 27.0 in 1993.
- Highest level: 39.0 in 2005.
Income Inequality Chart (1993–2022)
*Average based on available data from 193 UN member countries
Income Inequality Table (1993–2022)
| Year | Income Inequality |
|---|---|
| 1993 | 27.0 |
| 1995 | 31.0 |
| 1996 | 31.6 |
| 1997 | 34.4 |
| 1998 | 33.3 |
| 2002 | 35.1 |
| 2003 | 36.5 |
| 2004 | 36.4 |
| 2005 | 39.0 |
| 2006 | 35.6 |
| 2007 | 37.5 |
| 2008 | 37.2 |
| 2009 | 35.9 |
| 2010 | 35.0 |
| 2011 | 35.8 |
| 2012 | 35.2 |
| 2013 | 35.5 |
| 2014 | 35.1 |
| 2015 | 34.2 |
| 2016 | 34.3 |
| 2017 | 35.6 |
| 2018 | 35.1 |
| 2019 | 34.5 |
| 2020 | 35.7 |
| 2021 | 34.3 |
| 2022 | 33.7 |
Source: World Bank