HICP - Clothing and footwear (Neither seasonally nor working day) in Latvia
Latvia: HICP - Clothing and footwear (Neither seasonally nor working day) was 55.41 in 2026. ▼ Falling
Latest (2026)
55.41
Change on year
up 1.2%
World rank
10th
of 27 countries
All-time high
87.67
in 1996
All-time low
50.29
in 2011
Years of data
31
1996–2026
HICP - Clothing and footwear (Neither seasonally nor working day) in Latvia, 1996–2026
Source: European Central Bank.
Analysis
Latvia recorded 55.41 for hicp - clothing and footwear (neither seasonally nor working day) in 2026.
That represents a change of up 1.2% on the previous year and up 0.3% over ten years.
Over the whole period, hicp - clothing and footwear (neither seasonally nor working day) in Latvia peaked at 87.67 in 1996 and was at its lowest, 50.29, in 2011.
That places Latvia 10th 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 - Clothing and footwear (Neither seasonally nor working day) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 87.67 | — |
| 1997 | 64.92 | -25.9% |
| 1998 | 62.96 | -3.0% |
| 1999 | 65.64 | +4.3% |
| 2000 | 69.38 | +5.7% |
| 2001 | 63.19 | -8.9% |
| 2002 | 62.1 | -1.7% |
| 2003 | 68.34 | +10.0% |
| 2004 | 72.37 | +5.9% |
| 2005 | 69.9 | -3.4% |
| 2006 | 70.95 | +1.5% |
| 2007 | 71.27 | +0.5% |
| 2008 | 71.46 | +0.3% |
| 2009 | 66.81 | -6.5% |
| 2010 | 57.52 | -13.9% |
| 2011 | 50.29 | -12.6% |
| 2012 | 52.76 | +4.9% |
| 2013 | 55.2 | +4.6% |
| 2014 | 55.84 | +1.2% |
| 2015 | 56.29 | +0.8% |
| 2016 | 55.22 | -1.9% |
| 2017 | 55.45 | +0.4% |
| 2018 | 58.86 | +6.1% |
| 2019 | 56.9 | -3.3% |
| 2020 | 55.39 | -2.7% |
| 2021 | 53.74 | -3.0% |
| 2022 | 51.67 | -3.9% |
| 2023 | 50.89 | -1.5% |
| 2024 | 53.41 | +5.0% |
| 2025 | 54.78 | +2.6% |
| 2026 | 55.41 | +1.2% |
Latvia compared with similar countries
- Latvia's 55.41 is above the median for Europe & Central Asia, which is 50.3, 1.1× the median. (26 countries reporting)
- Latvia's 55.41 is above the median for high income countries, which is 49.41, 1.1× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 70.3 | 62.96 | 87.67 | 4 |
| 2000s | 68.58 | 62.1 | 72.37 | 10 |
| 2010s | 55.43 | 50.29 | 58.86 | 10 |
| 2020s | 53.61 | 50.89 | 55.41 | 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 - clothing and footwear (neither seasonally nor working day) in Latvia?
- Hicp - clothing and footwear (neither seasonally nor working day) in Latvia was 55.41 in 2026, according to European Central Bank.
- What is the highest hicp - clothing and footwear (neither seasonally nor working day) recorded in Latvia?
- The highest recorded value was 87.67 in 1996.
- What is the lowest hicp - clothing and footwear (neither seasonally nor working day) recorded in Latvia?
- The lowest recorded value was 50.29 in 2011.
- How does Latvia rank for hicp - clothing and footwear (neither seasonally nor working day)?
- Latvia ranks 10th out of 27 countries with data for 2026.
- Is hicp - clothing and footwear (neither seasonally nor working day) rising or falling in Latvia?
- Over the last ten years it is up 0.3%. 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 - Clothing and footwear (Neither seasonally nor working day adjusted, Sub-index weight). Statizoid updates them automatically from the source API.
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