HICP - Industrial goods in Latvia
Latvia: HICP - Industrial goods was 0.5 in 2025. ◆ Volatile
Latest (2025)
0.5
Change on year
up 115.6%
World rank
18th
of 31 countries
All-time high
22.7
in 2022
All-time low
-3.2
in 2024
Years of data
29
1997–2025
HICP - Industrial goods in Latvia, 1997–2025
Source: European Central Bank.
Analysis
Latvia recorded 0.5 for hicp - industrial goods in 2025.
Compared with earlier readings it is up 115.6% on the previous year and up 155.6% over ten years.
Over the whole period, hicp - industrial goods in Latvia peaked at 22.7 in 2022 and was at its lowest, -3.2, in 2024.
Latvia ranks 18th of 31 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
HICP - Industrial goods in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 12.3 | — |
| 1998 | 4.2 | -65.9% |
| 1999 | 3.3 | -21.4% |
| 2000 | 2.5 | -24.2% |
| 2001 | 1.1 | -56.0% |
| 2002 | 1.2 | +9.1% |
| 2003 | 4 | +233.3% |
| 2004 | 6 | +50.0% |
| 2005 | 5.6 | -6.7% |
| 2006 | 5.1 | -8.9% |
| 2007 | 5.3 | +3.9% |
| 2008 | 9.5 | +79.2% |
| 2009 | 1.2 | -87.4% |
| 2010 | -0.2 | -116.7% |
| 2011 | 4.6 | -2400.0% |
| 2012 | 2.6 | -43.5% |
| 2013 | -1.3 | -150.0% |
| 2014 | -0.6 | -53.8% |
| 2015 | -0.9 | +50.0% |
| 2016 | -2.4 | +166.7% |
| 2017 | 1.5 | -162.5% |
| 2018 | 2.8 | +86.7% |
| 2019 | 2 | -28.6% |
| 2020 | -2.4 | -220.0% |
| 2021 | 5 | -308.3% |
| 2022 | 22.7 | +354.0% |
| 2023 | 6 | -73.6% |
| 2024 | -3.2 | -153.3% |
| 2025 | 0.5 | -115.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.6 | 3.3 | 12.3 | 3 |
| 2000s | 4.15 | 1.1 | 9.5 | 10 |
| 2010s | 0.81 | -2.4 | 4.6 | 10 |
| 2020s | 4.77 | -3.2 | 22.7 | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Final consumption expenditure (constant 2015 US$), per capita 13,539 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 13.75 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.05 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 27,517 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 8.96 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 0.9255 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 24,351 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 6.59 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.7243 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), per capita 19,058 constant 2015 US$ per person (2025)
Frequently asked questions
- What is hicp - industrial goods in Latvia?
- Hicp - industrial goods in Latvia was 0.5 in 2025, according to European Central Bank.
- What is the highest hicp - industrial goods recorded in Latvia?
- The highest recorded value was 22.7 in 2022.
- What is the lowest hicp - industrial goods recorded in Latvia?
- The lowest recorded value was -3.2 in 2024.
- How does Latvia rank for hicp - industrial goods?
- Latvia ranks 18th out of 31 countries with data for 2025.
- Is hicp - industrial goods rising or falling in Latvia?
- Over the last ten years it is up 155.6%. 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 - Industrial goods (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
Download this data
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