HICP - Food including alcohol and tobacco (Neither seasonally nor) in Latvia
Latvia: HICP - Food including alcohol and tobacco (Neither seasonally nor) was 298.65 in 2026. ▼ Falling
Latest (2026)
298.65
Change on year
down 12.0%
World rank
2nd
of 27 countries
All-time high
477.54
in 1996
All-time low
295.96
in 2019
Years of data
31
1996–2026
HICP - Food including alcohol and tobacco (Neither seasonally nor) in Latvia, 1996–2026
Source: European Central Bank.
Analysis
The most recent figure for hicp - food including alcohol and tobacco (neither seasonally nor) in Latvia is 298.65, measured in 2026.
Compared with earlier readings it is down 12.0% on the previous year and down 3.0% over ten years.
Over the whole period, hicp - food including alcohol and tobacco (neither seasonally nor) in Latvia peaked at 477.54 in 1996 and was at its lowest, 295.96, in 2019.
That places Latvia 2nd out of 27 countries with data for 2026, putting it in the top 10%.
The long-run direction has been consistently falling across the 31 years of available data.
HICP - Food including alcohol and tobacco (Neither seasonally nor) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 477.54 | — |
| 1997 | 475.03 | -0.5% |
| 1998 | 459.8 | -3.2% |
| 1999 | 413.92 | -10.0% |
| 2000 | 376.21 | -9.1% |
| 2001 | 363.73 | -3.3% |
| 2002 | 378.26 | +4.0% |
| 2003 | 365.44 | -3.4% |
| 2004 | 341.52 | -6.5% |
| 2005 | 333.59 | -2.3% |
| 2006 | 332.34 | -0.4% |
| 2007 | 317.99 | -4.3% |
| 2008 | 306.55 | -3.6% |
| 2009 | 302.31 | -1.4% |
| 2010 | 307.6 | +1.7% |
| 2011 | 312.78 | +1.7% |
| 2012 | 309.35 | -1.1% |
| 2013 | 310.23 | +0.3% |
| 2014 | 308.28 | -0.6% |
| 2015 | 307 | -0.4% |
| 2016 | 307.88 | +0.3% |
| 2017 | 307.8 | -0.0% |
| 2018 | 302.26 | -1.8% |
| 2019 | 295.96 | -2.1% |
| 2020 | 296.36 | +0.1% |
| 2021 | 339.47 | +14.5% |
| 2022 | 338.18 | -0.4% |
| 2023 | 331.82 | -1.9% |
| 2024 | 335.37 | +1.1% |
| 2025 | 339.34 | +1.2% |
| 2026 | 298.65 | -12.0% |
Latvia compared with similar countries
- Latvia's 298.65 is above the median for Europe & Central Asia, which is 232.57, 1.3× the median. (26 countries reporting)
- Latvia's 298.65 is above the median for high income countries, which is 230.86, 1.3× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 456.57 | 413.92 | 477.54 | 4 |
| 2000s | 341.79 | 302.31 | 378.26 | 10 |
| 2010s | 306.91 | 295.96 | 312.78 | 10 |
| 2020s | 325.6 | 296.36 | 339.47 | 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 - food including alcohol and tobacco (neither seasonally nor) in Latvia?
- Hicp - food including alcohol and tobacco (neither seasonally nor) in Latvia was 298.65 in 2026, according to European Central Bank.
- What is the highest hicp - food including alcohol and tobacco (neither seasonally nor) recorded in Latvia?
- The highest recorded value was 477.54 in 1996.
- What is the lowest hicp - food including alcohol and tobacco (neither seasonally nor) recorded in Latvia?
- The lowest recorded value was 295.96 in 2019.
- How does Latvia rank for hicp - food including alcohol and tobacco (neither seasonally nor)?
- Latvia ranks 2nd out of 27 countries with data for 2026.
- Is hicp - food including alcohol and tobacco (neither seasonally nor) rising or falling in Latvia?
- Over the last ten years it is down 3.0%. 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 - Food including alcohol and tobacco (Neither seasonally nor working day adjusted, Sub-index weight). Statizoid updates them automatically from the source API.
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