Latvia: Poverty ratio

The latest value from 2022 is 22.5 percent, unchanged from 22.5 percent in 2021. In comparison, the world average is 21.55 percent, based on data from 34 countries. Historically, the average for Latvia from 2004 to 2022 is 22.04 percent. The minimum value, 19 percent, was reached in 2010 while the maximum of 26.4 percent was recorded in 2008. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: National poverty headcount ratio is the percentage of the population living below the national poverty line(s). National estimates are based on population-weighted subgroup estimates from household surveys. For economies for which the data are from EU-SILC, the reported year is the income reference year, which is the year before the survey year.