All Items, Consumer price index (CPI), Period average in Latvia
Latvia: All Items, Consumer price index (CPI), Period average was 116.13 in 2031. ▲ Rising
All Items, Consumer price index (CPI), Period average in Latvia, 1992–2031
Source: International Monetary Fund.
Analysis
The most recent figure for all items, consumer price index (cpi), period average in Latvia is 116.13, measured in 2031. That is the highest value across all 40 years on record.
That represents a change of up 2.2% on the previous year and up 56.2% over ten years.
Over the whole period, all items, consumer price index (cpi), period average in Latvia peaked at 116.13 in 2031 and was at its lowest, 7.41, in 1992.
Latvia ranks 22nd of 26 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 40 years of available data.
All Items, Consumer price index (CPI), Period average in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | 7.41 | — |
| 1993 | 15.5 | +109.2% |
| 1994 | 21.07 | +35.9% |
| 1995 | 26.33 | +25.0% |
| 1996 | 30.97 | +17.6% |
| 1997 | 33.47 | +8.1% |
| 1998 | 34.91 | +4.3% |
| 1999 | 35.64 | +2.1% |
| 2000 | 36.58 | +2.6% |
| 2001 | 37.51 | +2.5% |
| 2002 | 38.24 | +2.0% |
| 2003 | 39.37 | +2.9% |
| 2004 | 41.8 | +6.2% |
| 2005 | 44.68 | +6.9% |
| 2006 | 47.62 | +6.6% |
| 2007 | 52.42 | +10.1% |
| 2008 | 60.42 | +15.3% |
| 2009 | 62.39 | +3.3% |
| 2010 | 61.62 | -1.2% |
| 2011 | 64.22 | +4.2% |
| 2012 | 65.69 | +2.3% |
| 2013 | 65.7 | +0.0% |
| 2014 | 66.15 | +0.7% |
| 2015 | 66.29 | +0.2% |
| 2016 | 66.36 | +0.1% |
| 2017 | 68.28 | +2.9% |
| 2018 | 70.02 | +2.6% |
| 2019 | 71.94 | +2.7% |
| 2020 | 72 | +0.1% |
| 2021 | 74.33 | +3.2% |
| 2022 | 87.15 | +17.2% |
| 2023 | 95.05 | +9.1% |
| 2024 | 96.33 | +1.3% |
| 2025 | 100 | +3.8% |
| 2026 | 102.99 | +3.0% |
| 2027 | 105.8 | +2.7% |
| 2028 | 108.82 | +2.9% |
| 2029 | 111.22 | +2.2% |
| 2030 | 113.63 | +2.2% |
| 2031 | 116.13 | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.66 | 7.41 | 35.64 | 8 |
| 2000s | 46.1 | 36.58 | 62.39 | 10 |
| 2010s | 66.63 | 61.62 | 71.94 | 10 |
| 2020s | 95.37 | 72 | 111.22 | 10 |
| 2030s | 114.88 | 113.63 | 116.13 | 2 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Imports of goods and services (constant 2015 US$), annual growth rate 5.72 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5233 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 13,770 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -219.63 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -206.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 7.48 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0355 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 933.65 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -3.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0183 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is all items, consumer price index (cpi), period average in Latvia?
- All items, consumer price index (cpi), period average in Latvia was 116.13 in 2031, according to International Monetary Fund.
- What is the highest all items, consumer price index (cpi), period average recorded in Latvia?
- The highest recorded value was 116.13 in 2031.
- What is the lowest all items, consumer price index (cpi), period average recorded in Latvia?
- The lowest recorded value was 7.41 in 1992.
- How does Latvia rank for all items, consumer price index (cpi), period average?
- Latvia ranks 22nd out of 26 countries with data for 2031.
- Is all items, consumer price index (cpi), period average rising or falling in Latvia?
- Over the last ten years it is up 56.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of All Items, Consumer price index (CPI), Period average (9/26/2025). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.