HICP - All-items excl. liquid fuels and fuels and lubricants in Latvia
Latvia: HICP - All-items excl. liquid fuels and fuels and lubricants was 4.2 in 2025. ◆ Volatile
HICP - All-items excl. liquid fuels and fuels and lubricants in Latvia, 1997–2025
Source: European Central Bank.
Analysis
The most recent figure for hicp - all-items excl. liquid fuels and fuels and lubricants in Latvia is 4.2, measured in 2025.
The figure is up 162.5% on the previous year and up 281.8% over ten years.
Over the whole period, hicp - all-items excl. liquid fuels and fuels and lubricants in Latvia peaked at 15.8 in 2022 and was at its lowest, -2, in 2010.
Latvia ranks 8th of 31 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
HICP - All-items excl. liquid fuels and fuels and lubricants in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 7.8 | — |
| 1998 | 4.4 | -43.6% |
| 1999 | 1.9 | -56.8% |
| 2000 | 2.3 | +21.1% |
| 2001 | 2.6 | +13.0% |
| 2002 | 2 | -23.1% |
| 2003 | 2.8 | +40.0% |
| 2004 | 5.9 | +110.7% |
| 2005 | 6.1 | +3.4% |
| 2006 | 6.5 | +6.6% |
| 2007 | 10.4 | +60.0% |
| 2008 | 15.3 | +47.1% |
| 2009 | 3.8 | -75.2% |
| 2010 | -2 | -152.6% |
| 2011 | 3.4 | -270.0% |
| 2012 | 2 | -41.2% |
| 2013 | 0.2 | -90.0% |
| 2014 | 1 | +400.0% |
| 2015 | 1.1 | +10.0% |
| 2016 | 0.6 | -45.5% |
| 2017 | 2.6 | +333.3% |
| 2018 | 2 | -23.1% |
| 2019 | 2.9 | +45.0% |
| 2020 | 0.7 | -75.9% |
| 2021 | 2.4 | +242.9% |
| 2022 | 15.8 | +558.3% |
| 2023 | 10.6 | -32.9% |
| 2024 | 1.6 | -84.9% |
| 2025 | 4.2 | +162.5% |
Latvia compared with similar countries
- Latvia's 4.2 is above the median for Europe & Central Asia, which is 3.2, 1.3× the median. (29 countries reporting)
- Latvia's 4.2 is above the median for high income countries, which is 3.1, 1.4× the median. (27 countries reporting)
Biggest year-on-year movements
Years where HICP - All-items excl. liquid fuels and fuels and lubricants in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +558.3% | 2.4 | 15.8 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.7 | 1.9 | 7.8 | 3 |
| 2000s | 5.77 | 2 | 15.3 | 10 |
| 2010s | 1.38 | -2 | 3.4 | 10 |
| 2020s | 5.88 | 0.7 | 15.8 | 6 |
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 - all-items excl. liquid fuels and fuels and lubricants in Latvia?
- Hicp - all-items excl. liquid fuels and fuels and lubricants in Latvia was 4.2 in 2025, according to European Central Bank.
- What is the highest hicp - all-items excl. liquid fuels and fuels and lubricants recorded in Latvia?
- The highest recorded value was 15.8 in 2022.
- What is the lowest hicp - all-items excl. liquid fuels and fuels and lubricants recorded in Latvia?
- The lowest recorded value was -2 in 2010.
- How does Latvia rank for hicp - all-items excl. liquid fuels and fuels and lubricants?
- Latvia ranks 8th out of 31 countries with data for 2025.
- Is hicp - all-items excl. liquid fuels and fuels and lubricants rising or falling in Latvia?
- Over the last ten years it is up 281.8%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from European Central Bank, published as part of HICP - All-items excl. liquid fuels and fuels and lubricants (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
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