Economic Outlook No 117 — Harmonised headline inflation in Latvia

Latvia: Economic Outlook No 117 — Harmonised headline inflation was 2.41 in 2026. ◆ Volatile

Latest (2026)
2.41
Change on year
down 33.7%
World rank
3rd
of 6 countries
All-time high
17.24
in 2022
All-time low
-1.22
in 2010
Years of data
30
1997–2026

Economic Outlook No 117 — Harmonised headline inflation in Latvia, 1997–2026

0510151997201120261997: 8.11998: 4.31999: 2.12000: 2.62001: 2.52002: 22003: 2.92004: 6.22005: 6.92006: 6.62007: 10.12008: 15.32009: 3.32010: -1.22011: 4.22012: 2.32013: 0.0112014: 0.692015: 0.2132016: 0.0992017: 2.92018: 2.62019: 2.72020: 0.0812021: 3.22022: 17.22023: 9.12024: 1.32025: 3.62026: 2.4

Source: Organisation for Economic Co-operation and Development.

Analysis

The most recent figure for economic outlook no 117 — harmonised headline inflation in Latvia is 2.41, measured in 2026.

The figure is down 33.7% on the previous year and up 2,332.7% over ten years.

Over the whole period, economic outlook no 117 — harmonised headline inflation in Latvia peaked at 17.24 in 2022 and was at its lowest, -1.22, in 2010.

The series is highly variable year to year, so single readings are best treated with caution.

Economic Outlook No 117 — Harmonised headline inflation in Latvia, year by year

Annual values for Economic Outlook No 117 — Harmonised headline inflation in Latvia, 1997 to 2026.
Year Value Change
1997 8.07
1998 4.29 -46.8%
1999 2.11 -50.8%
2000 2.63 +24.5%
2001 2.53 -4.1%
2002 1.96 -22.3%
2003 2.94 +49.7%
2004 6.19 +110.5%
2005 6.89 +11.4%
2006 6.57 -4.6%
2007 10.08 +53.4%
2008 15.25 +51.3%
2009 3.26 -78.6%
2010 -1.22 -137.6%
2011 4.22 -445.0%
2012 2.29 -45.9%
2013 0.0109 -99.5%
2014 0.6903 +6214.7%
2015 0.2129 -69.2%
2016 0.0992 -53.4%
2017 2.89 +2818.1%
2018 2.55 -11.7%
2019 2.75 +7.5%
2020 0.0806 -97.1%
2021 3.24 +3917.7%
2022 17.24 +432.4%
2023 9.06 -47.5%
2024 1.35 -85.1%
2025 3.64 +169.8%
2026 2.41 -33.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.83 2.11 8.07 3
2000s 5.83 1.96 15.25 10
2010s 1.45 -1.22 4.22 10
2020s 5.29 0.0806 17.24 7

Countries ranked near Latvia

  1. 1 United Kingdom 2.28 compare
  2. 1 Netherlands 2.52 compare
  3. 2 Croatia 2.37 compare
  4. 2 Lithuania 2.47 compare
  5. 2 Portugal 2.15 compare
  6. 3 Germany 2.13 compare
  7. 4 Greece 2.04 compare
  8. 4 Slovenia 2.33 compare
  9. 5 Estonia 2.27 compare
  10. 5 Ireland 2 compare
  11. 6 Austria 1.92 compare

See the full ranking of 20 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is economic outlook no 117 — harmonised headline inflation in Latvia?
Economic outlook no 117 — harmonised headline inflation in Latvia was 2.41 in 2026, according to Organisation for Economic Co-operation and Development.
What is the highest economic outlook no 117 — harmonised headline inflation recorded in Latvia?
The highest recorded value was 17.24 in 2022.
What is the lowest economic outlook no 117 — harmonised headline inflation recorded in Latvia?
The lowest recorded value was -1.22 in 2010.
How does Latvia rank for economic outlook no 117 — harmonised headline inflation?
Latvia ranks 3rd out of 6 countries with data for 2026.
Is economic outlook no 117 — harmonised headline inflation rising or falling in Latvia?
Over the last ten years it is up 2,332.7%. 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 Economic Outlook No 117 — Harmonised headline inflation. Statizoid updates them automatically from the source API.

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Economic Outlook No 117 — Harmonised headline inflation in Latvia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 29 August 2026, from https://economy.statizoid.com/stat/economic-outlook-no-117-harmonised-headline-inflation/latvia-2/

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About this data

Indicator
Economic Outlook No 117 — Harmonised headline inflation
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
20 places, 649 data points, 1991–2026
Last refreshed

The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP