All Items, Consumer price index (CPI), End-of-period (EoP), percent in Latvia
Latvia: All Items, Consumer price index (CPI), End-of-period (EoP), percent was 2.18 in 2031. ◆ Volatile
All Items, Consumer price index (CPI), End-of-period (EoP), percent in Latvia, 1993–2031
Source: International Monetary Fund.
Analysis
Latvia recorded 2.18 for all items, consumer price index (cpi), end-of-period (eop), percent in 2031.
That represents a change of down 1.6% on the previous year and down 72.3% over ten years.
Over the whole period, all items, consumer price index (cpi), end-of-period (eop), percent in Latvia peaked at 34.75 in 1993 and was at its lowest, -1.38, in 2009.
Latvia ranks 16th of 26 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
All Items, Consumer price index (CPI), End-of-period (EoP), percent in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1993 | 34.75 | — |
| 1994 | 26.36 | -24.1% |
| 1995 | 23.14 | -12.2% |
| 1996 | 13.12 | -43.3% |
| 1997 | 6.42 | -51.1% |
| 1998 | 2.69 | -58.0% |
| 1999 | 2.99 | +11.1% |
| 2000 | 1.77 | -40.8% |
| 2001 | 3.15 | +78.1% |
| 2002 | 1.45 | -54.0% |
| 2003 | 3.59 | +147.3% |
| 2004 | 7.35 | +105.0% |
| 2005 | 7.1 | -3.4% |
| 2006 | 6.74 | -5.1% |
| 2007 | 14.02 | +108.0% |
| 2008 | 10.42 | -25.7% |
| 2009 | -1.38 | -113.2% |
| 2010 | 2.4 | -274.2% |
| 2011 | 3.87 | +61.2% |
| 2012 | 1.59 | -58.9% |
| 2013 | -0.4113 | -125.8% |
| 2014 | 0.2754 | -166.9% |
| 2015 | 0.4119 | +49.6% |
| 2016 | 2.11 | +412.7% |
| 2017 | 2.16 | +2.2% |
| 2018 | 2.55 | +18.1% |
| 2019 | 2.13 | -16.4% |
| 2020 | -0.4867 | -122.8% |
| 2021 | 7.88 | -1719.3% |
| 2022 | 20.71 | +162.8% |
| 2023 | 0.8477 | -95.9% |
| 2024 | 3.36 | +296.6% |
| 2025 | 3.44 | +2.3% |
| 2026 | 3.03 | -11.9% |
| 2027 | 2.16 | -28.7% |
| 2028 | 2.88 | +33.5% |
| 2029 | 2.16 | -25.2% |
| 2030 | 2.22 | +2.9% |
| 2031 | 2.18 | -1.6% |
Latvia compared with similar countries
- Latvia's 2.18 is above the median for high income countries, which is 2, 1.1× the median. (13 countries reporting)
- Latvia's 2.18 is below the median for Europe & Central Asia, which is 2.35, 93% of the median. (7 countries reporting)
Biggest year-on-year movements
Years where All Items, Consumer price index (CPI), End-of-period (EoP), percent in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +1719.3% | -0.4867 | 7.88 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.64 | 2.69 | 34.75 | 7 |
| 2000s | 5.42 | -1.38 | 14.02 | 10 |
| 2010s | 1.71 | -0.4113 | 3.87 | 10 |
| 2020s | 4.6 | -0.4867 | 20.71 | 10 |
| 2030s | 2.2 | 2.18 | 2.22 | 2 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is all items, consumer price index (cpi), end-of-period (eop), percent in Latvia?
- All items, consumer price index (cpi), end-of-period (eop), percent in Latvia was 2.18 in 2031, according to International Monetary Fund.
- What is the highest all items, consumer price index (cpi), end-of-period (eop), percent recorded in Latvia?
- The highest recorded value was 34.75 in 1993.
- What is the lowest all items, consumer price index (cpi), end-of-period (eop), percent recorded in Latvia?
- The lowest recorded value was -1.38 in 2009.
- How does Latvia rank for all items, consumer price index (cpi), end-of-period (eop), percent?
- Latvia ranks 16th out of 26 countries with data for 2031.
- Is all items, consumer price index (cpi), end-of-period (eop), percent rising or falling in Latvia?
- Over the last ten years it is down 72.3%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of All Items, Consumer price index (CPI), End-of-period (EoP), percent change (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.