HICP - CLOTHING AND FOOTWEAR in Latvia
Latvia: HICP - CLOTHING AND FOOTWEAR was 1.1 in 2025. ◆ Volatile
Latest (2025)
1.1
Change on year
down 42.1%
World rank
10th
of 31 countries
All-time high
15.7
in 1997
All-time low
-5.9
in 2010
Years of data
29
1997–2025
HICP - CLOTHING AND FOOTWEAR in Latvia, 1997–2025
Source: European Central Bank.
Analysis
In 2025, hicp - clothing and footwear in Latvia stood at 1.1.
The figure is down 42.1% on the previous year and up 375.0% over ten years.
Over the whole period, hicp - clothing and footwear in Latvia peaked at 15.7 in 1997 and was at its lowest, -5.9, in 2010.
That places Latvia 10th out of 31 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
HICP - CLOTHING AND FOOTWEAR in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 15.7 | — |
| 1998 | 9.6 | -38.9% |
| 1999 | 7 | -27.1% |
| 2000 | 1.2 | -82.9% |
| 2001 | 0.9 | -25.0% |
| 2002 | -0.8 | -188.9% |
| 2003 | 3.7 | -562.5% |
| 2004 | 2.5 | -32.4% |
| 2005 | -0.2 | -108.0% |
| 2006 | 0 | -100.0% |
| 2007 | 2.3 | — |
| 2008 | 0 | -100.0% |
| 2009 | -5.3 | — |
| 2010 | -5.9 | +11.3% |
| 2011 | 1.9 | -132.2% |
| 2012 | -1.8 | -194.7% |
| 2013 | -0.2 | -88.9% |
| 2014 | 1.1 | -650.0% |
| 2015 | -0.4 | -136.4% |
| 2016 | 0 | -100.0% |
| 2017 | -1.7 | — |
| 2018 | 0.6 | -135.3% |
| 2019 | 1.5 | +150.0% |
| 2020 | -0.8 | -153.3% |
| 2021 | 1.6 | -300.0% |
| 2022 | 4.6 | +187.5% |
| 2023 | 3.5 | -23.9% |
| 2024 | 1.9 | -45.7% |
| 2025 | 1.1 | -42.1% |
Latvia compared with similar countries
- Latvia's 1.1 is above the median for Europe & Central Asia, which is 0.4, 2.8× the median. (29 countries reporting)
- Latvia's 1.1 is above the median for high income countries, which is 0.3, 3.7× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.77 | 7 | 15.7 | 3 |
| 2000s | 0.43 | -5.3 | 3.7 | 10 |
| 2010s | -0.49 | -5.9 | 1.9 | 10 |
| 2020s | 1.98 | -0.8 | 4.6 | 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 - clothing and footwear in Latvia?
- Hicp - clothing and footwear in Latvia was 1.1 in 2025, according to European Central Bank.
- What is the highest hicp - clothing and footwear recorded in Latvia?
- The highest recorded value was 15.7 in 1997.
- What is the lowest hicp - clothing and footwear recorded in Latvia?
- The lowest recorded value was -5.9 in 2010.
- How does Latvia rank for hicp - clothing and footwear?
- Latvia ranks 10th out of 31 countries with data for 2025.
- Is hicp - clothing and footwear rising or falling in Latvia?
- Over the last ten years it is up 375.0%. 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 - CLOTHING AND FOOTWEAR (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under ECB Terms and Conditions (attribution required).