Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - indices in Latvia

Latvia: Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - indices was 103.45 Index, 2025=100 in 2026. ▲ Rising

Latest (2026)
103.45 Index, 2025=100
Change on year
up 3.0%
World rank
22nd
of 44 countries
All-time high
103.45 Index, 2025=100
in 2026
All-time low
43.69 Index, 2025=100
in 2002
Years of data
25
2002–2026

Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - indices in Latvia, 2002–2026

02550751002002201420262002: 43.7 Index, 2025=1002003: 45.1 Index, 2025=1002004: 48.2 Index, 2025=1002005: 51.6 Index, 2025=1002006: 54.8 Index, 2025=1002007: 62.3 Index, 2025=1002008: 67.9 Index, 2025=1002009: 63.5 Index, 2025=1002010: 65 Index, 2025=1002011: 66.4 Index, 2025=1002012: 67.9 Index, 2025=1002013: 67.6 Index, 2025=1002014: 67.7 Index, 2025=1002015: 67.8 Index, 2025=1002016: 68.8 Index, 2025=1002017: 70.2 Index, 2025=1002018: 71.7 Index, 2025=1002019: 73.1 Index, 2025=1002020: 72.5 Index, 2025=1002021: 78.1 Index, 2025=1002022: 94.2 Index, 2025=1002023: 94.9 Index, 2025=1002024: 97.6 Index, 2025=1002025: 100.5 Index, 2025=1002026: 103.5 Index, 2025=100

Source: Eurostat. Measured in Index, 2025=100.

Analysis

Latvia recorded 103.45 Index, 2025=100 for harmonised index of consumer prices (hicp) - ecoicop ver.2 - indices in 2026. That is the highest value across all 25 years on record.

Compared with earlier readings it is up 3.0% on the previous year and up 50.3% over ten years.

Over the whole period, harmonised index of consumer prices (hicp) - ecoicop ver.2 - indices in Latvia peaked at 103.45 Index, 2025=100 in 2026 and was at its lowest, 43.69 Index, 2025=100, in 2002.

Latvia ranks 22nd of 44 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 25 years of available data.

Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - indices in Latvia, year by year

Annual values for Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - indices and rates of change at constant tax rates, monthly data in Latvia, 2002 to 2026.
Year Index, 2025=100 Change
2002 43.69 Index, 2025=100
2003 45.1 Index, 2025=100 +3.2%
2004 48.23 Index, 2025=100 +6.9%
2005 51.62 Index, 2025=100 +7.0%
2006 54.83 Index, 2025=100 +6.2%
2007 62.28 Index, 2025=100 +13.6%
2008 67.89 Index, 2025=100 +9.0%
2009 63.48 Index, 2025=100 -6.5%
2010 65.05 Index, 2025=100 +2.5%
2011 66.43 Index, 2025=100 +2.1%
2012 67.88 Index, 2025=100 +2.2%
2013 67.56 Index, 2025=100 -0.5%
2014 67.66 Index, 2025=100 +0.1%
2015 67.8 Index, 2025=100 +0.2%
2016 68.84 Index, 2025=100 +1.5%
2017 70.24 Index, 2025=100 +2.0%
2018 71.68 Index, 2025=100 +2.1%
2019 73.14 Index, 2025=100 +2.0%
2020 72.55 Index, 2025=100 -0.8%
2021 78.13 Index, 2025=100 +7.7%
2022 94.24 Index, 2025=100 +20.6%
2023 94.94 Index, 2025=100 +0.7%
2024 97.64 Index, 2025=100 +2.8%
2025 100.46 Index, 2025=100 +2.9%
2026 103.45 Index, 2025=100 +3.0%

Latvia compared with similar countries

  • Latvia's 103.45 Index, 2025=100 is above the median for Europe & Central Asia, which is 103.45 Index, 2025=100, 1.0× the median. (31 countries reporting)
  • Latvia's 103.45 Index, 2025=100 is below the median for high income countries, which is 103.51 Index, 2025=100, 100% of the median. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 54.64 Index, 2025=100 43.69 Index, 2025=100 67.89 Index, 2025=100 8
2010s 68.63 Index, 2025=100 65.05 Index, 2025=100 73.14 Index, 2025=100 10
2020s 91.63 Index, 2025=100 72.55 Index, 2025=100 103.45 Index, 2025=100 7

Countries ranked near Latvia

  1. 20 Greece 103.69 Index, 2025=100 compare
  2. 21 Germany 103.51 Index, 2025=100 compare
  3. 23 Serbia 103.39 Index, 2025=100 compare
  4. 24 European Union (EU6-1958, EU9-1973, EU10-1981, EU12-1986, EU15-1995, EU25-2004, EU27-2007, EU28-2013, EU27-2020) 103.37 Index, 2025=100 compare
  5. 24 Netherlands 103.37 Index, 2025=100 compare

See the full ranking of 48 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is harmonised index of consumer prices (hicp) - ecoicop ver.2 - indices in Latvia?
Harmonised index of consumer prices (hicp) - ecoicop ver.2 - indices in Latvia was 103.45 Index, 2025=100 in 2026, according to Eurostat.
What is the highest harmonised index of consumer prices (hicp) - ecoicop ver.2 - indices recorded in Latvia?
The highest recorded value was 103.45 Index, 2025=100 in 2026.
What is the lowest harmonised index of consumer prices (hicp) - ecoicop ver.2 - indices recorded in Latvia?
The lowest recorded value was 43.69 Index, 2025=100 in 2002.
How does Latvia rank for harmonised index of consumer prices (hicp) - ecoicop ver.2 - indices?
Latvia ranks 22nd out of 44 countries with data for 2026.
Is harmonised index of consumer prices (hicp) - ecoicop ver.2 - indices rising or falling in Latvia?
Over the last ten years it is up 50.3%. 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 - indices and rates of change at constant tax rates, monthly data. Statizoid updates them automatically from the source API.

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Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - indices in Latvia. Statizoid, drawing on Eurostat. Retrieved 17 September 2026, from https://economy.statizoid.com/stat/harmonised-index-of-consumer-prices-hicp-ecoicop-ver-2-indices-and-rates-of-change-at/latvia/

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About this data

Indicator
Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - indices and rates of change at constant tax rates, monthly data
Unit
Index, 2025=100
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
48 places, 1,127 data points, 2002–2026
Last refreshed