Consumer prices statistics in Latvia
Latvia: Consumer prices statistics was 3.73 in 2025. ◆ Volatile
Latest (2025)
3.73
Change on year
up 193.5%
World rank
45th
of 61 countries
All-time high
951.17
in 1992
All-time low
-1.07
in 2010
Years of data
35
1991–2025
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% |
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
- Net primary income (Net income from abroad) (current LCU), annual 8.43 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 12.94 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1306 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 3,437 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 8.19 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1156 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 3,041 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 1.26 (2013)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 0.7931 (2013)
- Domestic currency per US dollar (End-of-period (EoP)) 0.515 (2013)
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.
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