GDP deflator in Latvia
Latvia: GDP deflator was 133.57 base year varies by country in 2025. ◆ Volatile
Latest (2025)
133.57 base year varies by country
Change on year
up 3.6%
World rank
111th
of 212 countries
All-time high
133.57 base year varies by country
in 2025
All-time low
0.448 base year varies by country
in 1990
Years of data
36
1990–2025
GDP deflator in Latvia, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in base year varies by country.
Analysis
Latvia recorded 133.57 base year varies by country for gdp deflator in 2025. That is the highest value across all 36 years on record.
The figure is up 3.6% on the previous year and up 52.9% over ten years.
Over the whole period, gdp deflator in Latvia peaked at 133.57 base year varies by country in 2025 and was at its lowest, 0.448 base year varies by country, in 1990.
That places Latvia 111th out of 212 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.
GDP deflator in Latvia, year by year
| Year | base year varies by country | Change |
|---|---|---|
| 1990 | 0.448 base year varies by country | — |
| 1991 | 1.18 base year varies by country | +162.6% |
| 1992 | 12.15 base year varies by country | +932.5% |
| 1993 | 18.67 base year varies by country | +53.7% |
| 1994 | 25.44 base year varies by country | +36.3% |
| 1995 | 32.89 base year varies by country | +29.3% |
| 1996 | 37.16 base year varies by country | +13.0% |
| 1997 | 39.31 base year varies by country | +5.8% |
| 1998 | 41.14 base year varies by country | +4.7% |
| 1999 | 41.69 base year varies by country | +1.3% |
| 2000 | 43.26 base year varies by country | +3.8% |
| 2001 | 44.4 base year varies by country | +2.6% |
| 2002 | 45.85 base year varies by country | +3.3% |
| 2003 | 47.52 base year varies by country | +3.6% |
| 2004 | 50.81 base year varies by country | +6.9% |
| 2005 | 56.11 base year varies by country | +10.4% |
| 2006 | 61.85 base year varies by country | +10.2% |
| 2007 | 73.94 base year varies by country | +19.6% |
| 2008 | 83.1 base year varies by country | +12.4% |
| 2009 | 78.33 base year varies by country | -5.7% |
| 2010 | 77.95 base year varies by country | -0.5% |
| 2011 | 81.62 base year varies by country | +4.7% |
| 2012 | 83.97 base year varies by country | +2.9% |
| 2013 | 85.57 base year varies by country | +1.9% |
| 2014 | 87 base year varies by country | +1.7% |
| 2015 | 87.33 base year varies by country | +0.4% |
| 2016 | 87.87 base year varies by country | +0.6% |
| 2017 | 90.25 base year varies by country | +2.7% |
| 2018 | 93.62 base year varies by country | +3.7% |
| 2019 | 97.66 base year varies by country | +4.3% |
| 2020 | 100 base year varies by country | +2.4% |
| 2021 | 103.3 base year varies by country | +3.3% |
| 2022 | 113.31 base year varies by country | +9.7% |
| 2023 | 125.4 base year varies by country | +10.7% |
| 2024 | 128.9 base year varies by country | +2.8% |
| 2025 | 133.57 base year varies by country | +3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.01 base year varies by country | 0.448 base year varies by country | 41.69 base year varies by country | 10 |
| 2000s | 58.52 base year varies by country | 43.26 base year varies by country | 83.1 base year varies by country | 10 |
| 2010s | 87.28 base year varies by country | 77.95 base year varies by country | 97.66 base year varies by country | 10 |
| 2020s | 117.41 base year varies by country | 100 base year varies by country | 133.57 base year varies by country | 6 |
Countries ranked near Latvia
- 108 Northern Mariana Islands 134.81 base year varies by country compare
- 109 Belarus 134.42 base year varies by country compare
- 110 Curaçao 133.65 base year varies by country compare
- 112 Croatia 133.33 base year varies by country compare
- 113 Singapore 132.95 base year varies by country compare
- 114 San Marino 132.36 base year varies by country compare
More economy & growth data for Latvia
- Gross domestic savings (current US$), annual growth rate 8.25 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1948 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 5,125 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 3.69 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.1724 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 4,535 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 14.91 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9492 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 24,976 current US$ per person (2025)
- GNI (current US$), annual growth rate 12.67 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator in Latvia?
- Gdp deflator in Latvia was 133.57 base year varies by country in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp deflator recorded in Latvia?
- The highest recorded value was 133.57 base year varies by country in 2025.
- What is the lowest gdp deflator recorded in Latvia?
- The lowest recorded value was 0.448 base year varies by country in 1990.
- How does Latvia rank for gdp deflator?
- Latvia ranks 111th out of 212 countries with data for 2025.
- Is gdp deflator rising or falling in Latvia?
- Over the last ten years it is up 52.9%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP deflator (base year varies by country). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This indicator is expressed as a ratio (a÷b).