Poverty rate at $8.30 a day (2021 PPP) in Latvia

2.8% of people in Latvia lived on less than $8.30 a day in 2023.

Measure: Poverty rate at $8.30 a day (2021 PPP) Unit: % of population Data: 1993 to 2023 Source: World Bank
Latvia, 2023 2.8% % of population
Change from 2022 −0.1percentage points 2022: 2.9%
World, 2023 47.1% Official aggregate
Median of European Union (27 countries), 2023 1.2% Middle value of 24 countries

Poverty rate at $8.30 a day (2021 PPP) in Latvia over time

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Latvia World ×

% of population. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.

Poverty rate at $8.30 a day (2021 PPP) (% of population), 2001 to 2024
Period LatviaWorld
2024 – 46.2%
2023 2.8% 47.1%
2022 2.9% 48.3%
2021 2.4% 48.7%
2020 2.9% 50.4%
2019 3.3% –
2018 3.6% 50.4%
2017 5.4% 51.5%
2016 5.5% 52.4%
2015 5.7% 53.5%
2014 8.4% 54.7%
2013 10.0% 55.8%
2012 12.5% 57.5%
2011 13.7% 58.8%
2010 14.6% 60.2%
2009 14.0% 61.7%
2008 9.2% 62.5%
2007 7.3% 63.6%
2006 11.1% 65.0%
2005 20.3% 66.2%
2004 23.1% 67.4%
2003 19.4% 68.7%
2002 24.7% 69.3%
2001 – 70.0%

A dash means no value was published for that period.

In short

  • That is a change of −0.1 percentage points from 2.9% in 2022.
  • Since 2013, when it was 10.0%, the figure has changed by −7.2 percentage points.
  • The figure for the world in 2023 was 47.1%.

Source and dates

Original producer
World Bank, Poverty and Inequality Platform
Distributed by
World Bank, World Development Indicators
Dataset or series code
SI.POV.UMIC · dataset details · view at source
Observation period
1993 to 2023 for Latvia
Provider update
8 October 2026
Retrieved
9 November 2026
Published here
9 November 2026
Licence
CC BY 4.0 (per series metadata)
Attribution
Source: World Bank, World Development Indicators, original data: World Bank, Poverty and Inequality Platform