HICP - All-items excluding tobacco in Latvia
Latvia: HICP - All-items excluding tobacco was 3.6 in 2025. ◆ Volatile
Latest (2025)
3.6
Change on year
up 227.3%
World rank
8th
of 31 countries
All-time high
17.6
in 2022
All-time low
-1.5
in 2010
Years of data
29
1997–2025
HICP - All-items excluding tobacco in Latvia, 1997–2025
Source: European Central Bank.
Analysis
The most recent figure for hicp - all-items excluding tobacco in Latvia is 3.6, measured in 2025.
Compared with earlier readings it is up 227.3% on the previous year and up 3,500.0% over ten years.
Over the whole period, hicp - all-items excluding tobacco in Latvia peaked at 17.6 in 2022 and was at its lowest, -1.5, 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 excluding tobacco in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 8.1 | — |
| 1998 | 4.4 | -45.7% |
| 1999 | 2 | -54.5% |
| 2000 | 2.6 | +30.0% |
| 2001 | 2.5 | -3.8% |
| 2002 | 1.9 | -24.0% |
| 2003 | 3 | +57.9% |
| 2004 | 6.1 | +103.3% |
| 2005 | 6.9 | +13.1% |
| 2006 | 6.5 | -5.8% |
| 2007 | 9.7 | +49.2% |
| 2008 | 13.5 | +39.2% |
| 2009 | 2.5 | -81.5% |
| 2010 | -1.5 | -160.0% |
| 2011 | 4.2 | -380.0% |
| 2012 | 2.2 | -47.6% |
| 2013 | -0.1 | -104.5% |
| 2014 | 0.5 | -600.0% |
| 2015 | 0.1 | -80.0% |
| 2016 | 0 | -100.0% |
| 2017 | 2.8 | — |
| 2018 | 2.5 | -10.7% |
| 2019 | 2.6 | +4.0% |
| 2020 | 0 | -100.0% |
| 2021 | 3.3 | — |
| 2022 | 17.6 | +433.3% |
| 2023 | 9.1 | -48.3% |
| 2024 | 1.1 | -87.9% |
| 2025 | 3.6 | +227.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.83 | 2 | 8.1 | 3 |
| 2000s | 5.52 | 1.9 | 13.5 | 10 |
| 2010s | 1.33 | -1.5 | 4.2 | 10 |
| 2020s | 5.78 | 0 | 17.6 | 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 excluding tobacco in Latvia?
- Hicp - all-items excluding tobacco in Latvia was 3.6 in 2025, according to European Central Bank.
- What is the highest hicp - all-items excluding tobacco recorded in Latvia?
- The highest recorded value was 17.6 in 2022.
- What is the lowest hicp - all-items excluding tobacco recorded in Latvia?
- The lowest recorded value was -1.5 in 2010.
- How does Latvia rank for hicp - all-items excluding tobacco?
- Latvia ranks 8th out of 31 countries with data for 2025.
- Is hicp - all-items excluding tobacco rising or falling in Latvia?
- Over the last ten years it is up 3,500.0%. 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 excluding tobacco (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
Download this data
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