Italy vs Latvia: HICP - Oils and fats

Italy
20.1
in 2024
Latvia
12.9
in 2025
Italy rank
3rd
Latvia rank
5th

HICP - Oils and fats over time

  • Italy
  • Latvia
-100102030199620102025

How they compare

Italy currently reports 20.1 against 12.9 in Latvia, a difference of 7.2.

That makes Italy's figure about 1.6 times Latvia's.

The two have swapped places 9 times across 28 shared years of data; in 1997 it was Latvia ahead.

Italy ranks 3rd and Latvia ranks 5th of 31 countries.

Across the 4 decades both report, Italy averaged higher in 1 and Latvia in 3.

Head to head by decade

Decade Italy Latvia Difference Ahead
1990s -2 -1.63 0.3667 Latvia
2000s 2.64 7.53 4.89 Latvia
2010s 1.25 3.25 2 Latvia
2020s 12.36 9.96 2.4 Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher hicp - oils and fats, Italy or Latvia?
Italy, at 20.1 against 12.9 in Latvia as of 2024.
What is the difference in hicp - oils and fats between Italy and Latvia?
7.2, with Italy ahead.
How many years of comparable data are there for Italy and Latvia?
28 years are reported by both, from 1997 to 2024.
How do Italy and Latvia rank globally for hicp - oils and fats?
Italy ranks 3rd and Latvia ranks 5th of 31 countries.
Where does this data come from?
European Central Bank, published as HICP - Oils and fats (Annual average rate of change, Eurostat). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Italy vs Latvia: HICP - Oils and fats. Statizoid, drawing on European Central Bank. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/hicp-oils-and-fats-annual-average-rate-of-change-eurostat/italy/latvia/

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About this data

Indicator
HICP - Oils and fats (Annual average rate of change, Eurostat)
Source
European Central Bank
Licence
ECB Terms and Conditions (attribution required)
Coverage
33 places, 877 data points, 1996–2025
Last refreshed