Latvia Poverty Rate 2004-2022

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 2.00%, a 0.5% decline from 2018.
  • Latvia poverty rate for 2018 was 2.50%, a 0.9% decline from 2017.
  • Latvia poverty rate for 2017 was 3.40%, a 0.2% decline from 2016.
  • Latvia poverty rate for 2016 was 3.60%, a 0.3% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name % Under US $5.50 Per Day
Argentina 14.50%
Panama 12.10%
Greece 3.40%
Uruguay 3.20%
Spain 2.50%
Latvia 2.00%
Hungary 1.80%
Croatia 1.80%
United States 1.50%
Lithuania 1.40%
Estonia 1.30%
Slovak Republic 1.30%
Portugal 0.90%
Austria 0.80%
Malta 0.70%
Sweden 0.60%
Denmark 0.40%
Norway 0.30%
Netherlands 0.30%
Luxembourg 0.30%
Czech Republic 0.30%
Cyprus 0.30%
Belgium 0.20%
Finland 0.10%
Slovenia 0.10%
Latvia Poverty Rate - Historical Data
Year % Under US $5.50 Per Day Change
2019 2.00% -0.50%
2018 2.50% -0.90%
2017 3.40% -0.20%
2016 3.60% -0.30%
2015 3.90% -1.60%
2014 5.50% -0.50%
2013 6.00% -1.40%
2012 7.40% -1.30%
2011 8.70% -0.80%
2010 9.50% 0.00%
2009 9.50% 3.40%
2008 6.10% 1.20%
2007 4.90% -2.80%
2006 7.70% -6.30%
2005 14.00% -1.20%
2004 15.20% -1.20%