Latvia vs Mexico: Inflation of consumer prices
Latvia
3.7%
in 2025
Mexico
3.8%
in 2025
Latvia rank
74th
Mexico rank
72nd
Inflation of consumer prices over time
- Latvia
- Mexico
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 74th and Mexico ranks 72nd of 190 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 of consumer prices, Latvia or Mexico?
- Mexico, at 3.8% against 3.7% in Latvia as of 2025.
- What is the difference in inflation of 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 of consumer prices?
- Latvia ranks 74th and Mexico ranks 72nd of 190 countries.
- Where does this data come from?
- International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data, published as Inflation of consumer prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Annual changes in the cost to the average consumer of acquiring a set basket of goods and services. This measure is used to track changes in living costs over time.