HICP - Food (Annual average rate of change, Eurostat) in Latvia
Latvia: HICP - Food (Annual average rate of change, Eurostat) was 5 in 2025. ◆ Volatile
HICP - Food in Latvia, 1997–2025
Source: European Central Bank.
Analysis
In 2025, hicp - food in Latvia stood at 5.
The figure is up 100.0% on the previous year and up 412.5% over ten years.
Over the whole period, hicp - food in Latvia peaked at 22.1 in 2022 and was at its lowest, -1.6, in 2015.
Latvia ranks 5th 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 - Food (Annual average rate of change, Eurostat) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 2.4 | — |
| 1998 | 1 | -58.3% |
| 1999 | -1.1 | -210.0% |
| 2000 | 0.4 | -136.4% |
| 2001 | 5.4 | +1250.0% |
| 2002 | 3.8 | -29.6% |
| 2003 | 2.8 | -26.3% |
| 2004 | 7.7 | +175.0% |
| 2005 | 9.6 | +24.7% |
| 2006 | 8.3 | -13.5% |
| 2007 | 13.9 | +67.5% |
| 2008 | 18.8 | +35.3% |
| 2009 | -0.7 | -103.7% |
| 2010 | -0.5 | -28.6% |
| 2011 | 7.8 | -1660.0% |
| 2012 | 2.2 | -71.8% |
| 2013 | 1.6 | -27.3% |
| 2014 | 0 | -100.0% |
| 2015 | -1.6 | — |
| 2016 | 1.2 | -175.0% |
| 2017 | 6 | +400.0% |
| 2018 | 0.8 | -86.7% |
| 2019 | 3.2 | +300.0% |
| 2020 | 2.6 | -18.8% |
| 2021 | 2.6 | +0.0% |
| 2022 | 22.1 | +750.0% |
| 2023 | 12.8 | -42.1% |
| 2024 | 2.5 | -80.5% |
| 2025 | 5 | +100.0% |
Latvia compared with similar countries
- Latvia's 5 is above the median for Europe & Central Asia, which is 3.1, 1.6× the median. (29 countries reporting)
- Latvia's 5 is above the median for high income countries, which is 2.9, 1.7× the median. (27 countries reporting)
Biggest year-on-year movements
Years where HICP - Food (Annual average rate of change, Eurostat) 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 | +1660.0% | -0.5 | 7.8 |
| 2001 | +1250.0% | 0.4 | 5.4 |
| 2022 | +750.0% | 2.6 | 22.1 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7667 | -1.1 | 2.4 | 3 |
| 2000s | 7 | -0.7 | 18.8 | 10 |
| 2010s | 2.07 | -1.6 | 7.8 | 10 |
| 2020s | 7.93 | 2.5 | 22.1 | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -7.43 % change on previous year (2025)
Frequently asked questions
- What is hicp - food in Latvia?
- Hicp - food in Latvia was 5 in 2025, according to European Central Bank.
- What is the highest hicp - food recorded in Latvia?
- The highest recorded value was 22.1 in 2022.
- What is the lowest hicp - food recorded in Latvia?
- The lowest recorded value was -1.6 in 2015.
- How does Latvia rank for hicp - food?
- Latvia ranks 5th out of 31 countries with data for 2025.
- Is hicp - food rising or falling in Latvia?
- Over the last ten years it is up 412.5%. 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 (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
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