Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - indices in Latvia
Latvia: Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - indices was 103.17 Index, 2025=100 in 2026. ▲ Rising
Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - indices in Latvia, 1996–2026
Source: Eurostat. Measured in Index, 2025=100.
Analysis
Latvia recorded 103.17 Index, 2025=100 for harmonised index of consumer prices (hicp) - ecoicop ver.2 - indices in 2026. That is the highest value across all 31 years on record.
The figure is up 2.7% on the previous year and up 53.5% over ten years.
Over the whole period, harmonised index of consumer prices (hicp) - ecoicop ver.2 - indices in Latvia peaked at 103.17 Index, 2025=100 in 2026 and was at its lowest, 32.1 Index, 2025=100, in 1996.
That places Latvia 37th out of 50 countries with data for 2026, putting it 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 - indices 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 | 103.17 Index, 2025=100 | +2.7% |
Latvia compared with similar countries
- Latvia's 103.17 Index, 2025=100 is below the median for high income countries, which is 103.47 Index, 2025=100, 100% of the median. (32 countries reporting)
- Latvia's 103.17 Index, 2025=100 is below the median for Europe & Central Asia, which is 103.35 Index, 2025=100, 100% of the median. (34 countries reporting)
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 | 90.96 Index, 2025=100 | 71.56 Index, 2025=100 | 103.17 Index, 2025=100 | 7 |
Countries ranked near Latvia
- 34 Euro area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023, EA21-2026) 103.24 Index, 2025=100 compare
- 35 Estonia 103.22 Index, 2025=100 compare
- 36 Germany 103.2 Index, 2025=100 compare
- 38 Latvia 103.12 Index, 2025=100 compare
- 39 France 103 Index, 2025=100 compare
- 40 Albania 102.99 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 103.17 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 103.17 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 32.1 Index, 2025=100 in 1996.
- How does Latvia rank for harmonised index of consumer prices (hicp) - ecoicop ver.2 - indices?
- Latvia ranks 37th out of 50 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 53.5%. 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 - indices and rates of change, monthly data. Statizoid updates them automatically from the source API.
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