Consumer prices statistics in Latvia
Latvia: Consumer prices statistics was 3.73 in 2025. ◆ Volatile
Consumer prices statistics in Latvia, 1991–2025
Source: Bank for International Settlements.
Analysis
In 2025, consumer prices statistics in Latvia stood at 3.73.
Compared with earlier readings it is up 193.5% on the previous year and up 1,870.4% over ten years.
Over the whole period, consumer prices statistics in Latvia peaked at 951.17 in 1992 and was at its lowest, -1.07, in 2010.
That places Latvia 45th out of 61 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Consumer prices statistics in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 1.13 | — |
| 1992 | 951.17 | +84078.0% |
| 1993 | 109.16 | -88.5% |
| 1994 | 35.91 | -67.1% |
| 1995 | 24.98 | -30.4% |
| 1996 | 17.62 | -29.5% |
| 1997 | 8.45 | -52.1% |
| 1998 | 4.64 | -45.0% |
| 1999 | 2.37 | -48.9% |
| 2000 | 2.64 | +11.4% |
| 2001 | 2.49 | -5.7% |
| 2002 | 1.9 | -23.9% |
| 2003 | 2.96 | +55.9% |
| 2004 | 6.21 | +110.1% |
| 2005 | 6.73 | +8.3% |
| 2006 | 6.53 | -3.0% |
| 2007 | 10.09 | +54.6% |
| 2008 | 15.42 | +52.8% |
| 2009 | 3.53 | -77.1% |
| 2010 | -1.07 | -130.3% |
| 2011 | 4.36 | -506.9% |
| 2012 | 2.27 | -47.9% |
| 2013 | -0.0507 | -102.2% |
| 2014 | 0.6215 | -1325.6% |
| 2015 | 0.1891 | -69.6% |
| 2016 | 0.1258 | -33.5% |
| 2017 | 2.93 | +2227.1% |
| 2018 | 2.54 | -13.3% |
| 2019 | 2.81 | +10.7% |
| 2020 | 0.2085 | -92.6% |
| 2021 | 3.31 | +1485.6% |
| 2022 | 17.27 | +422.6% |
| 2023 | 8.97 | -48.1% |
| 2024 | 1.27 | -85.8% |
| 2025 | 3.73 | +193.5% |
Latvia compared with similar countries
- Latvia's 3.73 is below the median for high income countries, which is 128.7, 3% of the median. (44 countries reporting)
- Latvia's 3.73 is below the median for Europe & Central Asia, which is 130.04, 3% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Consumer prices statistics 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 |
|---|---|---|---|
| 1992 | +84078.0% | 1.13 | 951.17 |
| 2017 | +2227.1% | 0.1258 | 2.93 |
| 2021 | +1485.6% | 0.2085 | 3.31 |
| 2014 | +1325.6% | -0.0507 | 0.6215 |
| 2011 | +506.9% | -1.07 | 4.36 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 128.38 | 1.13 | 951.17 | 9 |
| 2000s | 5.85 | 1.9 | 15.42 | 10 |
| 2010s | 1.47 | -1.07 | 4.36 | 10 |
| 2020s | 5.79 | 0.2085 | 17.27 | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Real gdp growth, annual growth rate 96.07 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
Frequently asked questions
- What is consumer prices statistics in Latvia?
- Consumer prices statistics in Latvia was 3.73 in 2025, according to Bank for International Settlements.
- What is the highest consumer prices statistics recorded in Latvia?
- The highest recorded value was 951.17 in 1992.
- What is the lowest consumer prices statistics recorded in Latvia?
- The lowest recorded value was -1.07 in 2010.
- How does Latvia rank for consumer prices statistics?
- Latvia ranks 45th out of 61 countries with data for 2025.
- Is consumer prices statistics rising or falling in Latvia?
- Over the last ten years it is up 1,870.4%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Bank for International Settlements, published as part of Consumer prices statistics. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under BIS Terms and Conditions (attribution required).