Effect of taxes and social transfers on income quintile share ratio in Latvia
Latvia: Effect of taxes and social transfers on income quintile share ratio was 2.9 Ratio in 2025. ▼ Falling
Effect of taxes and social transfers on income quintile share ratio in Latvia, 2010–2025
Source: Eurostat. Measured in Ratio.
Analysis
Latvia recorded 2.9 Ratio for effect of taxes and social transfers on income quintile share ratio in 2025.
Compared with earlier readings it is down 6.5% on the previous year and down 3.3% over ten years.
Over the whole period, effect of taxes and social transfers on income quintile share ratio in Latvia peaked at 4.7 Ratio in 2011 and was at its lowest, 2.7 Ratio, in 2022.
Latvia ranks 22nd of 45 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Effect of taxes and social transfers on income quintile share ratio in Latvia, year by year
| Year | Ratio | Change |
|---|---|---|
| 2010 | 4.2 Ratio | — |
| 2011 | 4.7 Ratio | +11.9% |
| 2012 | 4 Ratio | -14.9% |
| 2013 | 3.9 Ratio | -2.5% |
| 2014 | 3.5 Ratio | -10.3% |
| 2015 | 3 Ratio | -14.3% |
| 2016 | 2.8 Ratio | -6.7% |
| 2017 | 2.8 Ratio | +0.0% |
| 2018 | 3.3 Ratio | +17.9% |
| 2019 | 3 Ratio | -9.1% |
| 2020 | 2.8 Ratio | -6.7% |
| 2021 | 3.1 Ratio | +10.7% |
| 2022 | 2.7 Ratio | -12.9% |
| 2023 | 2.8 Ratio | +3.7% |
| 2024 | 3.1 Ratio | +10.7% |
| 2025 | 2.9 Ratio | -6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.52 Ratio | 2.8 Ratio | 4.7 Ratio | 10 |
| 2020s | 2.9 Ratio | 2.7 Ratio | 3.1 Ratio | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is effect of taxes and social transfers on income quintile share ratio in Latvia?
- Effect of taxes and social transfers on income quintile share ratio in Latvia was 2.9 Ratio in 2025, according to Eurostat.
- What is the highest effect of taxes and social transfers on income quintile share ratio recorded in Latvia?
- The highest recorded value was 4.7 Ratio in 2011.
- What is the lowest effect of taxes and social transfers on income quintile share ratio recorded in Latvia?
- The lowest recorded value was 2.7 Ratio in 2022.
- How does Latvia rank for effect of taxes and social transfers on income quintile share ratio?
- Latvia ranks 22nd out of 45 countries with data for 2025.
- Is effect of taxes and social transfers on income quintile share ratio rising or falling in Latvia?
- Over the last ten years it is down 3.3%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Effect of taxes and social transfers on income quintile share ratio S80/S20. Statizoid updates them automatically from the source API.
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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (Eurostat).