HICP - Food incl. alcohol and tobacco in Latvia
Latvia: HICP - Food incl. alcohol and tobacco was 6.1 in 2025. ◆ Volatile
HICP - Food incl. alcohol and tobacco in Latvia, 1997–2025
Source: European Central Bank.
Analysis
In 2025, hicp - food incl. alcohol and tobacco in Latvia stood at 6.1.
The figure is up 69.4% on the previous year and up 1,320.0% over ten years.
Over the whole period, hicp - food incl. alcohol and tobacco in Latvia peaked at 22.5 in 2008 and was at its lowest, -0.5, 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 incl. alcohol and tobacco in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 3.1 | — |
| 1998 | 1.7 | -45.2% |
| 1999 | -0.1 | -105.9% |
| 2000 | 1.5 | -1600.0% |
| 2001 | 4.5 | +200.0% |
| 2002 | 3.4 | -24.4% |
| 2003 | 2.5 | -26.5% |
| 2004 | 7 | +180.0% |
| 2005 | 8.4 | +20.0% |
| 2006 | 8.3 | -1.2% |
| 2007 | 13.6 | +63.9% |
| 2008 | 22.5 | +65.4% |
| 2009 | 4.6 | -79.6% |
| 2010 | 0.7 | -84.8% |
| 2011 | 7.3 | +942.9% |
| 2012 | 2.4 | -67.1% |
| 2013 | 1.4 | -41.7% |
| 2014 | 0.4 | -71.4% |
| 2015 | -0.5 | -225.0% |
| 2016 | 1.6 | -420.0% |
| 2017 | 4.5 | +181.2% |
| 2018 | 1.6 | -64.4% |
| 2019 | 3.6 | +125.0% |
| 2020 | 2.1 | -41.7% |
| 2021 | 2.1 | +0.0% |
| 2022 | 17.8 | +747.6% |
| 2023 | 12.2 | -31.5% |
| 2024 | 3.6 | -70.5% |
| 2025 | 6.1 | +69.4% |
Latvia compared with similar countries
- Latvia's 6.1 is above the median for Europe & Central Asia, which is 4.1, 1.5× the median. (29 countries reporting)
- Latvia's 6.1 is above the median for high income countries, which is 4, 1.5× the median. (27 countries reporting)
Biggest year-on-year movements
Years where HICP - Food incl. alcohol and tobacco 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 |
|---|---|---|---|
| 2000 | +1600.0% | -0.1 | 1.5 |
| 2011 | +942.9% | 0.7 | 7.3 |
| 2022 | +747.6% | 2.1 | 17.8 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.57 | -0.1 | 3.1 | 3 |
| 2000s | 7.63 | 1.5 | 22.5 | 10 |
| 2010s | 2.3 | -0.5 | 7.3 | 10 |
| 2020s | 7.32 | 2.1 | 17.8 | 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 incl. alcohol and tobacco in Latvia?
- Hicp - food incl. alcohol and tobacco in Latvia was 6.1 in 2025, according to European Central Bank.
- What is the highest hicp - food incl. alcohol and tobacco recorded in Latvia?
- The highest recorded value was 22.5 in 2008.
- What is the lowest hicp - food incl. alcohol and tobacco recorded in Latvia?
- The lowest recorded value was -0.5 in 2015.
- How does Latvia rank for hicp - food incl. alcohol and tobacco?
- Latvia ranks 5th out of 31 countries with data for 2025.
- Is hicp - food incl. alcohol and tobacco rising or falling in Latvia?
- Over the last ten years it is up 1,320.0%. 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 incl. alcohol and tobacco (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).