HICP - Cleaning, repair, tailoring and hire of clothing (S) (Neither) in Latvia
Latvia: HICP - Cleaning, repair, tailoring and hire of clothing (S) (Neither) was 0.57 in 2026. ▼ Falling
Latest (2026)
0.57
Change on year
down 3.4%
World rank
15th
of 27 countries
All-time high
2.61
in 1996
All-time low
0.54
in 2011
Years of data
31
1996–2026
HICP - Cleaning, repair, tailoring and hire of clothing (S) (Neither) in Latvia, 1996–2026
Source: European Central Bank.
Analysis
In 2026, hicp - cleaning, repair, tailoring and hire of clothing (s) (neither) in Latvia stood at 0.57.
That represents a change of down 3.4% on the previous year and down 12.3% over ten years.
Over the whole period, hicp - cleaning, repair, tailoring and hire of clothing (s) (neither) in Latvia peaked at 2.61 in 1996 and was at its lowest, 0.54, in 2011.
That places Latvia 15th out of 27 countries with data for 2026, putting it in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
HICP - Cleaning, repair, tailoring and hire of clothing (S) (Neither) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 2.61 | — |
| 1997 | 1.2 | -54.0% |
| 1998 | 1.32 | +10.0% |
| 1999 | 1.01 | -23.5% |
| 2000 | 1.5 | +48.5% |
| 2001 | 1.26 | -16.0% |
| 2002 | 1.24 | -1.6% |
| 2003 | 1.28 | +3.2% |
| 2004 | 1.53 | +19.5% |
| 2005 | 1.15 | -24.8% |
| 2006 | 1.14 | -0.9% |
| 2007 | 0.92 | -19.3% |
| 2008 | 0.82 | -10.9% |
| 2009 | 0.87 | +6.1% |
| 2010 | 0.64 | -26.4% |
| 2011 | 0.54 | -15.6% |
| 2012 | 0.65 | +20.4% |
| 2013 | 0.96 | +47.7% |
| 2014 | 0.8 | -16.7% |
| 2015 | 0.65 | -18.8% |
| 2016 | 0.65 | +0.0% |
| 2017 | 0.65 | +0.0% |
| 2018 | 0.73 | +12.3% |
| 2019 | 0.71 | -2.7% |
| 2020 | 0.69 | -2.8% |
| 2021 | 0.72 | +4.3% |
| 2022 | 0.69 | -4.2% |
| 2023 | 0.59 | -14.5% |
| 2024 | 0.59 | +0.0% |
| 2025 | 0.59 | +0.0% |
| 2026 | 0.57 | -3.4% |
Latvia compared with similar countries
- Latvia's 0.57 is below the median for Europe & Central Asia, which is 0.595, 96% of the median. (26 countries reporting)
- Latvia's 0.57 is below the median for high income countries, which is 0.62, 92% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.53 | 1.01 | 2.61 | 4 |
| 2000s | 1.17 | 0.82 | 1.53 | 10 |
| 2010s | 0.698 | 0.54 | 0.96 | 10 |
| 2020s | 0.6343 | 0.57 | 0.72 | 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 - cleaning, repair, tailoring and hire of clothing (s) (neither) in Latvia?
- Hicp - cleaning, repair, tailoring and hire of clothing (s) (neither) in Latvia was 0.57 in 2026, according to European Central Bank.
- What is the highest hicp - cleaning, repair, tailoring and hire of clothing (s) (neither) recorded in Latvia?
- The highest recorded value was 2.61 in 1996.
- What is the lowest hicp - cleaning, repair, tailoring and hire of clothing (s) (neither) recorded in Latvia?
- The lowest recorded value was 0.54 in 2011.
- How does Latvia rank for hicp - cleaning, repair, tailoring and hire of clothing (s) (neither)?
- Latvia ranks 15th out of 27 countries with data for 2026.
- Is hicp - cleaning, repair, tailoring and hire of clothing (s) (neither) rising or falling in Latvia?
- Over the last ten years it is down 12.3%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from European Central Bank, published as part of HICP - Cleaning, repair, tailoring and hire of clothing (S) (Neither seasonally nor working day adjusted, Sub-index weight). Statizoid updates them automatically from the source API.
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