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
Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - indices in Latvia, 2002–2026
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
| 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
| Decade | Average | Lowest | Highest | 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
- 20 Greece 103.69 Index, 2025=100 compare
- 21 Germany 103.51 Index, 2025=100 compare
- 23 Serbia 103.39 Index, 2025=100 compare
- 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
- 24 Netherlands 103.37 Index, 2025=100 compare
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
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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