Latvia Poverty Rate 2004-2023

Poverty headcount ratio at $5.50 a day is the percentage of the population living on less than $5.50 a day at 2011 international prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.
  • Latvia poverty rate for 2019 was 2.60%, a 0.4% decline from 2018.
  • Latvia poverty rate for 2018 was 3.00%, a 1.5% decline from 2017.
  • Latvia poverty rate for 2017 was 4.50%, a 0.1% decline from 2016.
  • Latvia poverty rate for 2016 was 4.60%, a 0.3% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name % Under US $5.50 Per Day
Panama 12.10%
Argentina 11.20%
Uruguay 5.10%
Greece 3.90%
Spain 2.80%
Latvia 2.60%
Hungary 2.50%
Croatia 2.40%
Slovak Republic 2.00%
United States 1.70%
Lithuania 1.60%
Portugal 1.50%
Estonia 1.40%
Sweden 0.90%
Austria 0.80%
Malta 0.70%
Norway 0.50%
Denmark 0.40%
Netherlands 0.40%
Luxembourg 0.30%
Czech Republic 0.30%
Cyprus 0.30%
Belgium 0.20%
Finland 0.20%
Slovenia 0.10%
Latvia Poverty Rate - Historical Data
Year % Under US $5.50 Per Day Change
2019 2.60% -0.40%
2018 3.00% -1.50%
2017 4.50% -0.10%
2016 4.60% -0.30%
2015 4.90% -2.20%
2014 7.10% -1.00%
2013 8.10% -2.30%
2012 10.40% -0.80%
2011 11.20% -0.70%
2010 11.90% 0.20%
2009 11.70% 3.80%
2008 7.90% 1.80%
2007 6.10% -3.30%
2006 9.40% -7.90%
2005 17.30% -2.00%
2004 19.30% -2.00%