Latvia vs Mexico: Inflation, consumer prices

Latvia
3.7%
in 2025
Mexico
3.8%
in 2025
Latvia rank
75th
Mexico rank
73rd

Inflation, consumer prices over time

  • Latvia
  • Mexico
02004006008001.0k196019922025

How they compare

Mexico currently reports 3.8% against 3.7% in Latvia, a difference of 0.1%.

The two have swapped places 7 times across 34 shared years of data; in 1992 it was Latvia ahead.

Latvia ranks 75th and Mexico ranks 73rd of 191 countries.

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

Head to head by decade

Decade Latvia Mexico Difference Ahead
1990s 144.3% 19.3% 125.0% Latvia
2000s 5.9% 5.2% 0.6% Latvia
2010s 1.5% 4.0% 2.5% Mexico
2020s 5.8% 5.2% 0.6% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher inflation, consumer prices, Latvia or Mexico?
Mexico, at 3.8% against 3.7% in Latvia as of 2025.
What is the difference in inflation, consumer prices between Latvia and Mexico?
0.1%, with Mexico ahead.
How many years of comparable data are there for Latvia and Mexico?
34 years are reported by both, from 1992 to 2025.
How do Latvia and Mexico rank globally for inflation, consumer prices?
Latvia ranks 75th and Mexico ranks 73rd of 191 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Inflation, consumer prices (annual %). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Mexico: Inflation, consumer prices. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 31 August 2026, from https://economy.statizoid.com/compare/inflation-consumer-prices-annual-percent/latvia/mexico/

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About this data

Indicator
Inflation, consumer prices (annual %)
Unit
annual %
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
238 places, 11,469 data points, 1960–2025
Last refreshed

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.