Contribution to year-on-year inflation by COICOP 2018 by country in Latvia
Latvia: Contribution to year-on-year inflation by COICOP 2018 by country was 3.4 Percentage points in 2026. ◆ Volatile
Contribution to year-on-year inflation by COICOP 2018 by country in Latvia, 2010–2026
Source: Organisation for Economic Co-operation and Development. Measured in Percentage points.
Analysis
In 2026, contribution to year-on-year inflation by coicop 2018 by country in Latvia stood at 3.4 Percentage points.
That represents a change of down 2.7% on the previous year and up 55.8% over ten years.
Over the whole period, contribution to year-on-year inflation by coicop 2018 by country in Latvia peaked at 20.83 Percentage points in 2022 and was at its lowest, -0.4954 Percentage points, in 2020.
The series is highly variable year to year, so single readings are best treated with caution.
Contribution to year-on-year inflation by COICOP 2018 by country in Latvia, year by year
| Year | Percentage points | Change |
|---|---|---|
| 2010 | 2.54 Percentage points | — |
| 2011 | 4.03 Percentage points | +58.4% |
| 2012 | 1.6 Percentage points | -60.4% |
| 2013 | -0.4176 Percentage points | -126.2% |
| 2014 | 0.1982 Percentage points | -147.5% |
| 2015 | 0.3437 Percentage points | +73.4% |
| 2016 | 2.18 Percentage points | +534.4% |
| 2017 | 2.15 Percentage points | -1.3% |
| 2018 | 2.55 Percentage points | +18.6% |
| 2019 | 2.26 Percentage points | -11.3% |
| 2020 | -0.4954 Percentage points | -121.9% |
| 2021 | 7.92 Percentage points | -1698.2% |
| 2022 | 20.83 Percentage points | +163.1% |
| 2023 | 0.6286 Percentage points | -97.0% |
| 2024 | 3.26 Percentage points | +418.4% |
| 2025 | 3.49 Percentage points | +7.2% |
| 2026 | 3.4 Percentage points | -2.7% |
Biggest year-on-year movements
Years where Contribution to year-on-year inflation by COICOP 2018 by country 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 | +1698.2% | -0.4954 Percentage points | 7.92 Percentage points |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.74 Percentage points | -0.4176 Percentage points | 4.03 Percentage points | 10 |
| 2020s | 5.58 Percentage points | -0.4954 Percentage points | 20.83 Percentage points | 7 |
Countries ranked near Latvia
- 1 Türkiye 32.11 Percentage points compare
- 1 Bulgaria 5.45 Percentage points compare
- 2 Slovenia 3.57 Percentage points compare
- 2 Greece 4.39 Percentage points compare
- 3 Chile 4.34 Percentage points compare
- 4 Ireland 3.43 Percentage points compare
- 4 Netherlands 2.52 Percentage points compare
- 5 Belgium 3.41 Percentage points compare
- 5 Estonia 2.44 Percentage points compare
- 6 Portugal 3.22 Percentage points compare
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is contribution to year-on-year inflation by coicop 2018 by country in Latvia?
- Contribution to year-on-year inflation by coicop 2018 by country in Latvia was 3.4 Percentage points in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest contribution to year-on-year inflation by coicop 2018 by country recorded in Latvia?
- The highest recorded value was 20.83 Percentage points in 2022.
- What is the lowest contribution to year-on-year inflation by coicop 2018 by country recorded in Latvia?
- The lowest recorded value was -0.4954 Percentage points in 2020.
- How does Latvia rank for contribution to year-on-year inflation by coicop 2018 by country?
- Latvia ranks 3rd out of 5 countries with data for 2026.
- Is contribution to year-on-year inflation by coicop 2018 by country rising or falling in Latvia?
- Over the last ten years it is up 55.8%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Contribution to year-on-year inflation by COICOP 2018 by country — Consumer price index. Statizoid updates them automatically from the source API.
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About this data
This dataset contains statistics on contributions to national year-on-year inflation by COICOP 2018 divisions. Contributions show how much each of the COICOP Divisions contributes to the annual inflation. All data are calculated by the OECD following the Ribe formula. For countries for which data are not yet available according to the COICOP 2018 classification, contributions can be found in dataset Contribution to year-on-year inflation by COICOP 1999 by country.