HICP - FOOD AND NON-ALCOHOLIC BEVERAGES in Latvia
Latvia: HICP - FOOD AND NON-ALCOHOLIC BEVERAGES was 6.3 in 2025. ◆ Volatile
HICP - FOOD AND NON-ALCOHOLIC BEVERAGES in Latvia, 1997–2025
Source: European Central Bank.
Analysis
The most recent figure for hicp - food and non-alcoholic beverages in Latvia is 6.3, measured in 2025.
That represents a change of up 125.0% on the previous year and up 625.0% over ten years.
Over the whole period, hicp - food and non-alcoholic beverages in Latvia peaked at 21.7 in 2022 and was at its lowest, -1.2, in 2015.
Latvia ranks 4th of 31 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
HICP - FOOD AND NON-ALCOHOLIC BEVERAGES in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 2.6 | — |
| 1998 | 1.2 | -53.8% |
| 1999 | -1.1 | -191.7% |
| 2000 | 0.7 | -163.6% |
| 2001 | 4.8 | +585.7% |
| 2002 | 3.5 | -27.1% |
| 2003 | 2.6 | -25.7% |
| 2004 | 7.4 | +184.6% |
| 2005 | 9.2 | +24.3% |
| 2006 | 8.2 | -10.9% |
| 2007 | 13.5 | +64.6% |
| 2008 | 18.2 | +34.8% |
| 2009 | -0.1 | -100.5% |
| 2010 | -0.3 | +200.0% |
| 2011 | 8.4 | -2900.0% |
| 2012 | 2.3 | -72.6% |
| 2013 | 1.3 | -43.5% |
| 2014 | -0.3 | -123.1% |
| 2015 | -1.2 | +300.0% |
| 2016 | 1.1 | -191.7% |
| 2017 | 5.6 | +409.1% |
| 2018 | 0.7 | -87.5% |
| 2019 | 2.9 | +314.3% |
| 2020 | 2.5 | -13.8% |
| 2021 | 2.2 | -12.0% |
| 2022 | 21.7 | +886.4% |
| 2023 | 13.3 | -38.7% |
| 2024 | 2.8 | -78.9% |
| 2025 | 6.3 | +125.0% |
Latvia compared with similar countries
- Latvia's 6.3 is above the median for Europe & Central Asia, which is 3.8, 1.7× the median. (29 countries reporting)
- Latvia's 6.3 is above the median for high income countries, which is 3.5, 1.8× the median. (27 countries reporting)
Biggest year-on-year movements
Years where HICP - FOOD AND NON-ALCOHOLIC BEVERAGES 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 |
|---|---|---|---|
| 2011 | +2900.0% | -0.3 | 8.4 |
| 2022 | +886.4% | 2.2 | 21.7 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9 | -1.1 | 2.6 | 3 |
| 2000s | 6.8 | -0.1 | 18.2 | 10 |
| 2010s | 2.05 | -1.2 | 8.4 | 10 |
| 2020s | 8.13 | 2.2 | 21.7 | 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 - food and non-alcoholic beverages in Latvia?
- Hicp - food and non-alcoholic beverages in Latvia was 6.3 in 2025, according to European Central Bank.
- What is the highest hicp - food and non-alcoholic beverages recorded in Latvia?
- The highest recorded value was 21.7 in 2022.
- What is the lowest hicp - food and non-alcoholic beverages recorded in Latvia?
- The lowest recorded value was -1.2 in 2015.
- How does Latvia rank for hicp - food and non-alcoholic beverages?
- Latvia ranks 4th out of 31 countries with data for 2025.
- Is hicp - food and non-alcoholic beverages rising or falling in Latvia?
- Over the last ten years it is up 625.0%. 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 - FOOD AND NON-ALCOHOLIC BEVERAGES (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).