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Latvia Income Share Top 10%

Income share held by highest 10%  SI.DST.10TH.10

Latvia's income share top 10% was 25.46% in 2025, ranked 46th globally. This represents a 2.8% decrease from 2024. Data from World Bank, covering 1993–2025.

25.46% −0.74pp (-2.8%)
Year 2025 Rank #46 Global Peak 30.00% (2005) Source World Bank

Latvia Income Share Top 10% (1993–2025)

Overview

Latvia's income share top 10% stood at 25.46% in 2025, a decline of +0.74pp from 2023. Based on recent trends, this figure is projected to reach 25.46% by 2025. Latvia ranked 46th globally.

Latvia’s share of total national income captured by the top 10 percent of earners stood at 25.46 percent in 2025, placing the country 46th in the world according to World Bank data. This figure follows a gradual rise from the all‑time trough of 22.10 percent recorded in 1993, after the post‑Soviet transition, and remains well below the all‑time peak of 30.00 percent reached in 2005 during the pre‑global‑financial‑crisis expansion. Compared with peers of similar rank, Latvia’s share is marginally lower than Italy’s 25.52 percent and Bangladesh’s 25.44 percent, yet slightly below Thailand’s 25.70 percent and Serbia’s 25.07 percent, reflecting a modestly more unequal distribution than some comparable economies. The 28‑year coverage shows a persistent upward trajectory, suggesting that without policy interventions targeting progressive taxation or wealth redistribution, the top‑10 percent share is likely to continue edging higher, potentially edging closer to the 2005 peak in the coming decade.

Data & projection

Year Income Share Top 10% YoY change Rank
2026* trend 25.21% - -
2025* trend 25.46% - -
2025 25.46% −0.74pp #46
2023 26.20% +0.40pp #27
2022 25.80% −0.40pp #34
2021 26.20% −1.30pp #38
2020 27.50% +0.90pp #44
2019 26.60% −0.30pp #46
2018 26.90% +0.00pp #47
2017 26.90% +1.10pp #46
2016 25.80% −0.40pp #39
2015 26.20% −0.50pp #37
2014 26.70% −0.10pp #44
2013 26.80% +0.20pp #40
2012 26.60% −0.70pp #43
2011 27.30% +1.10pp #51
2010 26.20% −0.70pp #44
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 top 10% improve within 24 months. View full analysis →

Frequently Asked Questions

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

Latvia's income share top 10% was 25.46% in 2025. Ranked 46th globally. This represents a 2.8% decrease from the previous year.

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

Latvia's income share top 10% peaked at 30.00% in 2005.

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

The lowest income share top 10% in Latvia was 22.10% in 1993.

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

Latvia ranks 46th globally in income share top 10% as of 2025.

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

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

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

Latvia's income share top 10% is projected to reach 25.46% by 2025 based on trend extrapolation.

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

The income share top 10% of Latvia in 2025 was 25.46%. This ranks 46th in the world.

Cite this page

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