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Latvia Income Share Bottom 10%

Income share held by lowest 10%  SI.DST.FRST.10

Latvia's income share bottom 10% was 2.62% in 2025, ranked 41st globally. This represents a 0.8% increase from 2024. Data from World Bank, covering 1993–2025.

2.62% +0.02pp (+0.8%)
Year 2025 Rank #41 Global Peak 4.20% (1993) Source World Bank

Latvia Income Share Bottom 10% (1993–2025)

Overview

Latvia's income share bottom 10% stood at 2.62% in 2025, a rise of +0.02pp from 2023. Based on recent trends, this figure is projected to reach 2.62% by 2025. Latvia ranked 41st globally.

Latvia’s share of national income accruing to the bottom 10 percent of earners has fallen steadily since the early 1990s, declining from an all‑time peak of 4.20 % in 1993 to a trough of 2.00 % during the global financial crisis in 2009, and reaching 2.62 % in 2025, which places the country 41st in the world ranking. Over the 28‑year series, the downward trajectory reflects structural shifts toward higher‑skill sectors and modest wage compression at the lower end of the distribution, while fiscal reforms and social‑policy adjustments have limited the extent of poverty alleviation. Latvia’s 2025 figure is closely aligned with Portugal’s 2.60 % share and slightly below Austria’s 2.72 %, suggesting that its lower‑income share is comparable to other advanced economies with similar post‑transition dynamics. Continued investment in inclusive education and targeted minimum‑wage policies could help halt the decline and potentially raise the bottom‑10 % share in the coming decade.

Data & projection

Year Income Share Bottom 10% YoY change Rank
2026* trend 2.63% - -
2025* trend 2.62% - -
2025 2.62% +0.02pp #41
2023 2.60% +0.00pp #30
2022 2.60% +0.00pp #40
2021 2.60% +0.10pp #52
2020 2.50% −0.10pp #42
2019 2.60% +0.10pp #48
2018 2.50% +0.20pp #58
2017 2.30% −0.20pp #51
2016 2.50% +0.00pp #50
2015 2.50% +0.20pp #47
2014 2.30% +0.00pp #50
2013 2.30% +0.00pp #47
2012 2.30% +0.00pp #53
2011 2.30% +0.20pp #52
2010 2.10% +0.10pp #65
Show all years (1993-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +31.4% GDP growth 3.4% C/A balance 1.5%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Latvia matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw income share bottom 10% improve within 24 months. View full analysis →

Frequently Asked Questions

What is Latvia's income share bottom 10%?▾

Latvia's income share bottom 10% was 2.62% in 2025. Ranked 41st globally. This represents a 0.8% increase from the previous year.

What was the highest income share bottom 10% in Latvia?▾

Latvia's income share bottom 10% peaked at 4.20% in 1993.

What was the lowest income share bottom 10% in Latvia?▾

The lowest income share bottom 10% in Latvia was 2.00% in 2005.

How does Latvia rank in income share bottom 10%?▾

Latvia ranks 41st globally in income share bottom 10% as of 2025.

What is the World Bank indicator code for income share bottom 10%?▾

The World Bank indicator code is SI.DST.FRST.10. Data sourced from World Bank.

What is the projected income share bottom 10% of Latvia in 2025?▾

Latvia's income share bottom 10% is projected to reach 2.62% by 2025 based on trend extrapolation.

What is the income share bottom 10% of Latvia in 2025?▾

The income share bottom 10% of Latvia in 2025 was 2.62%. This ranks 41st in the world.

Cite this page

APA
Latvia Income Share Bottom 10%. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/latvia/income-bottom-10/
BibTeX
@misc{historysaid_latvia_income-bottom-10, title = {Latvia Income Share Bottom 10%}, url = {https://historysaid.com/latvia/income-bottom-10/}, publisher = {HistorySaid}, year = {2026} }
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