HICP - Alcoholic beverages (Neither seasonally nor working day) in Latvia
Latvia: HICP - Alcoholic beverages (Neither seasonally nor working day) was 41.66 in 2026. ▲ Rising
Latest (2026)
41.66
Change on year
down 10.6%
World rank
2nd
of 27 countries
All-time high
50.96
in 2017
All-time low
29.52
in 2003
Years of data
31
1996–2026
HICP - Alcoholic beverages (Neither seasonally nor working day) in Latvia, 1996–2026
Source: European Central Bank.
Analysis
In 2026, hicp - alcoholic beverages (neither seasonally nor working day) in Latvia stood at 41.66.
That represents a change of down 10.6% on the previous year and down 17.3% over ten years.
Over the whole period, hicp - alcoholic beverages (neither seasonally nor working day) in Latvia peaked at 50.96 in 2017 and was at its lowest, 29.52, in 2003.
Latvia ranks 2nd of 27 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 31 years of available data.
HICP - Alcoholic beverages (Neither seasonally nor working day) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 46.76 | — |
| 1997 | 42.95 | -8.1% |
| 1998 | 42.31 | -1.5% |
| 1999 | 40.27 | -4.8% |
| 2000 | 37.84 | -6.0% |
| 2001 | 39.81 | +5.2% |
| 2002 | 39.19 | -1.6% |
| 2003 | 29.52 | -24.7% |
| 2004 | 31.75 | +7.6% |
| 2005 | 29.85 | -6.0% |
| 2006 | 34.07 | +14.1% |
| 2007 | 39.93 | +17.2% |
| 2008 | 40.09 | +0.4% |
| 2009 | 38.26 | -4.6% |
| 2010 | 39.21 | +2.5% |
| 2011 | 38.35 | -2.2% |
| 2012 | 39.81 | +3.8% |
| 2013 | 48.51 | +21.9% |
| 2014 | 49.16 | +1.3% |
| 2015 | 49.54 | +0.8% |
| 2016 | 50.39 | +1.7% |
| 2017 | 50.96 | +1.1% |
| 2018 | 49.12 | -3.6% |
| 2019 | 48.96 | -0.3% |
| 2020 | 47.37 | -3.2% |
| 2021 | 48.82 | +3.1% |
| 2022 | 48.54 | -0.6% |
| 2023 | 44.46 | -8.4% |
| 2024 | 46.52 | +4.6% |
| 2025 | 46.59 | +0.2% |
| 2026 | 41.66 | -10.6% |
Latvia compared with similar countries
- Latvia's 41.66 is above the median for Europe & Central Asia, which is 20.18, 2.1× the median. (26 countries reporting)
- Latvia's 41.66 is above the median for high income countries, which is 19.95, 2.1× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 43.07 | 40.27 | 46.76 | 4 |
| 2000s | 36.03 | 29.52 | 40.09 | 10 |
| 2010s | 46.4 | 38.35 | 50.96 | 10 |
| 2020s | 46.28 | 41.66 | 48.82 | 7 |
Countries ranked near Latvia
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 hicp - alcoholic beverages (neither seasonally nor working day) in Latvia?
- Hicp - alcoholic beverages (neither seasonally nor working day) in Latvia was 41.66 in 2026, according to European Central Bank.
- What is the highest hicp - alcoholic beverages (neither seasonally nor working day) recorded in Latvia?
- The highest recorded value was 50.96 in 2017.
- What is the lowest hicp - alcoholic beverages (neither seasonally nor working day) recorded in Latvia?
- The lowest recorded value was 29.52 in 2003.
- How does Latvia rank for hicp - alcoholic beverages (neither seasonally nor working day)?
- Latvia ranks 2nd out of 27 countries with data for 2026.
- Is hicp - alcoholic beverages (neither seasonally nor working day) rising or falling in Latvia?
- Over the last ten years it is down 17.3%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from European Central Bank, published as part of HICP - Alcoholic beverages (Neither seasonally nor working day adjusted, Sub-index weight). Statizoid updates them automatically from the source API.
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