Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - first in Latvia
Latvia: Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - first was 103.87 Index, 2025=100 in 2026. ▲ Rising
Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - first in Latvia, 1996–2026
Source: Eurostat. Measured in Index, 2025=100.
Analysis
In 2026, harmonised index of consumer prices (hicp) - ecoicop ver.2 - first in Latvia stood at 103.87 Index, 2025=100. That is the highest value across all 31 years on record.
That represents a change of up 3.4% on the previous year and up 54.5% over ten years.
Over the whole period, harmonised index of consumer prices (hicp) - ecoicop ver.2 - first in Latvia peaked at 103.87 Index, 2025=100 in 2026 and was at its lowest, 32.1 Index, 2025=100, in 1996.
Latvia ranks 20th of 49 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - first in Latvia, year by year
| Year | Index, 2025=100 | Change |
|---|---|---|
| 1996 | 32.1 Index, 2025=100 | — |
| 1997 | 34.16 Index, 2025=100 | +6.4% |
| 1998 | 35.08 Index, 2025=100 | +2.7% |
| 1999 | 36.13 Index, 2025=100 | +3.0% |
| 2000 | 36.77 Index, 2025=100 | +1.8% |
| 2001 | 37.93 Index, 2025=100 | +3.2% |
| 2002 | 38.48 Index, 2025=100 | +1.5% |
| 2003 | 39.86 Index, 2025=100 | +3.6% |
| 2004 | 42.79 Index, 2025=100 | +7.4% |
| 2005 | 45.83 Index, 2025=100 | +7.1% |
| 2006 | 48.92 Index, 2025=100 | +6.7% |
| 2007 | 55.78 Index, 2025=100 | +14.0% |
| 2008 | 61.59 Index, 2025=100 | +10.4% |
| 2009 | 60.74 Index, 2025=100 | -1.4% |
| 2010 | 62.2 Index, 2025=100 | +2.4% |
| 2011 | 64.61 Index, 2025=100 | +3.9% |
| 2012 | 65.64 Index, 2025=100 | +1.6% |
| 2013 | 65.37 Index, 2025=100 | -0.4% |
| 2014 | 65.55 Index, 2025=100 | +0.3% |
| 2015 | 65.82 Index, 2025=100 | +0.4% |
| 2016 | 67.21 Index, 2025=100 | +2.1% |
| 2017 | 68.66 Index, 2025=100 | +2.2% |
| 2018 | 70.41 Index, 2025=100 | +2.5% |
| 2019 | 71.91 Index, 2025=100 | +2.1% |
| 2020 | 71.56 Index, 2025=100 | -0.5% |
| 2021 | 77.2 Index, 2025=100 | +7.9% |
| 2022 | 93.19 Index, 2025=100 | +20.7% |
| 2023 | 93.98 Index, 2025=100 | +0.8% |
| 2024 | 97.14 Index, 2025=100 | +3.4% |
| 2025 | 100.48 Index, 2025=100 | +3.4% |
| 2026 | 103.87 Index, 2025=100 | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 34.37 Index, 2025=100 | 32.1 Index, 2025=100 | 36.13 Index, 2025=100 | 4 |
| 2000s | 46.87 Index, 2025=100 | 36.77 Index, 2025=100 | 61.59 Index, 2025=100 | 10 |
| 2010s | 66.74 Index, 2025=100 | 62.2 Index, 2025=100 | 71.91 Index, 2025=100 | 10 |
| 2020s | 91.06 Index, 2025=100 | 71.56 Index, 2025=100 | 103.87 Index, 2025=100 | 7 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Manufacturing, value added (constant LCU), per capita 1,898 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.34 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1868 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,916 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 6.65 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.1654 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 4,351 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 4.38 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1132 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 2,979 constant 2015 US$ per person (2025)
Frequently asked questions
- What is harmonised index of consumer prices (hicp) - ecoicop ver.2 - first in Latvia?
- Harmonised index of consumer prices (hicp) - ecoicop ver.2 - first in Latvia was 103.87 Index, 2025=100 in 2026, according to Eurostat.
- What is the highest harmonised index of consumer prices (hicp) - ecoicop ver.2 - first recorded in Latvia?
- The highest recorded value was 103.87 Index, 2025=100 in 2026.
- What is the lowest harmonised index of consumer prices (hicp) - ecoicop ver.2 - first recorded in Latvia?
- The lowest recorded value was 32.1 Index, 2025=100 in 1996.
- How does Latvia rank for harmonised index of consumer prices (hicp) - ecoicop ver.2 - first?
- Latvia ranks 20th out of 49 countries with data for 2026.
- Is harmonised index of consumer prices (hicp) - ecoicop ver.2 - first rising or falling in Latvia?
- Over the last ten years it is up 54.5%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - first released data. Statizoid updates them automatically from the source API.
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