Effect of taxes on income quintile share ratio S80/S20 in Latvia
Latvia: Effect of taxes on income quintile share ratio S80/S20 was 1.5 Ratio in 2025. ▼ Falling
Effect of taxes on income quintile share ratio S80/S20 in Latvia, 2010–2025
Source: Eurostat. Measured in Ratio.
Analysis
Latvia recorded 1.5 Ratio for effect of taxes on income quintile share ratio s80/s20 in 2025.
Compared with earlier readings it is down 6.2% on the previous year and up 15.4% over ten years.
Over the whole period, effect of taxes on income quintile share ratio s80/s20 in Latvia peaked at 1.7 Ratio in 2011 and was at its lowest, 1.1 Ratio, in 2022.
That places Latvia 12th out of 45 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently falling across the 16 years of available data.
Effect of taxes on income quintile share ratio S80/S20 in Latvia, year by year
| Year | Ratio | Change |
|---|---|---|
| 2010 | 1.4 Ratio | — |
| 2011 | 1.7 Ratio | +21.4% |
| 2012 | 1.5 Ratio | -11.8% |
| 2013 | 1.6 Ratio | +6.7% |
| 2014 | 1.4 Ratio | -12.5% |
| 2015 | 1.3 Ratio | -7.1% |
| 2016 | 1.4 Ratio | +7.7% |
| 2017 | 1.3 Ratio | -7.1% |
| 2018 | 1.5 Ratio | +15.4% |
| 2019 | 1.5 Ratio | +0.0% |
| 2020 | 1.4 Ratio | -6.7% |
| 2021 | 1.5 Ratio | +7.1% |
| 2022 | 1.1 Ratio | -26.7% |
| 2023 | 1.2 Ratio | +9.1% |
| 2024 | 1.6 Ratio | +33.3% |
| 2025 | 1.5 Ratio | -6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.46 Ratio | 1.3 Ratio | 1.7 Ratio | 10 |
| 2020s | 1.38 Ratio | 1.1 Ratio | 1.6 Ratio | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Total reserves minus gold (current US$), annual growth rate 12.7 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1062 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 2,795 current US$ per person (2025)
- General government final consumption expenditure (current US$) 16.59 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.229 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 6,027 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 11.68 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.2027 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 5,333 current LCU per person (2025)
- General government final consumption expenditure (constant 2015 US$) 6.98 % change on previous year (2025)
Frequently asked questions
- What is effect of taxes on income quintile share ratio s80/s20 in Latvia?
- Effect of taxes on income quintile share ratio s80/s20 in Latvia was 1.5 Ratio in 2025, according to Eurostat.
- What is the highest effect of taxes on income quintile share ratio s80/s20 recorded in Latvia?
- The highest recorded value was 1.7 Ratio in 2011.
- What is the lowest effect of taxes on income quintile share ratio s80/s20 recorded in Latvia?
- The lowest recorded value was 1.1 Ratio in 2022.
- How does Latvia rank for effect of taxes on income quintile share ratio s80/s20?
- Latvia ranks 12th out of 45 countries with data for 2025.
- Is effect of taxes on income quintile share ratio s80/s20 rising or falling in Latvia?
- Over the last ten years it is up 15.4%. 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 on income quintile share ratio S80/S20. Statizoid updates them automatically from the source API.
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