HICP - Industrial goods excluding energy in Latvia

Latvia: HICP - Industrial goods excluding energy was 0.7 in 2025. ◆ Volatile

Latest (2025)
0.7
Change on year
down 61.1%
World rank
14th
of 31 countries
All-time high
11.2
in 1997
All-time low
-3.5
in 2010
Years of data
29
1997–2025

HICP - Industrial goods excluding energy in Latvia, 1997–2025

-505101997201120251997: 11.21998: 4.81999: 3.62000: 0.32001: 12002: 1.82003: 42004: 3.92005: 2.62006: 1.62007: 3.42008: 2.62009: 02010: -3.52011: -12012: -1.52013: -0.62014: 0.32015: 0.42016: 0.42017: 02018: 0.32019: 1.42020: 0.42021: 1.72022: 6.52023: 7.12024: 1.82025: 0.7

Source: European Central Bank.

Analysis

In 2025, hicp - industrial goods excluding energy in Latvia stood at 0.7.

The figure is down 61.1% on the previous year and up 75.0% over ten years.

Over the whole period, hicp - industrial goods excluding energy in Latvia peaked at 11.2 in 1997 and was at its lowest, -3.5, in 2010.

That places Latvia 14th out of 31 countries with data for 2025, putting it 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 excluding energy in Latvia, year by year

Annual values for HICP - Industrial goods excluding energy (Annual average rate of change, Eurostat) in Latvia, 1997 to 2025.
Year Value Change
1997 11.2
1998 4.8 -57.1%
1999 3.6 -25.0%
2000 0.3 -91.7%
2001 1 +233.3%
2002 1.8 +80.0%
2003 4 +122.2%
2004 3.9 -2.5%
2005 2.6 -33.3%
2006 1.6 -38.5%
2007 3.4 +112.5%
2008 2.6 -23.5%
2009 0 -100.0%
2010 -3.5
2011 -1 -71.4%
2012 -1.5 +50.0%
2013 -0.6 -60.0%
2014 0.3 -150.0%
2015 0.4 +33.3%
2016 0.4 +0.0%
2017 0 -100.0%
2018 0.3
2019 1.4 +366.7%
2020 0.4 -71.4%
2021 1.7 +325.0%
2022 6.5 +282.4%
2023 7.1 +9.2%
2024 1.8 -74.6%
2025 0.7 -61.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.53 3.6 11.2 3
2000s 2.12 0 4 10
2010s -0.38 -3.5 1.4 10
2020s 3.03 0.4 7.1 6

Countries ranked near Latvia

  1. 11 Austria 0.9 compare
  2. 11 Bulgaria 0.9 compare
  3. 11 Malta 0.9 compare
  4. 14 Greece 0.7 compare
  5. 14 Luxembourg 0.7 compare
  6. 17 Czechia 0.6 compare
  7. 17 Italy 0.6 compare
  8. 17 Lithuania 0.6 compare

See the full ranking of 33 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is hicp - industrial goods excluding energy in Latvia?
Hicp - industrial goods excluding energy in Latvia was 0.7 in 2025, according to European Central Bank.
What is the highest hicp - industrial goods excluding energy recorded in Latvia?
The highest recorded value was 11.2 in 1997.
What is the lowest hicp - industrial goods excluding energy recorded in Latvia?
The lowest recorded value was -3.5 in 2010.
How does Latvia rank for hicp - industrial goods excluding energy?
Latvia ranks 14th out of 31 countries with data for 2025.
Is hicp - industrial goods excluding energy rising or falling in Latvia?
Over the last ten years it is up 75.0%. 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 - Industrial goods excluding energy (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.

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HICP - Industrial goods excluding energy in Latvia. Statizoid, drawing on European Central Bank. Retrieved 12 September 2026, from https://economy.statizoid.com/stat/hicp-industrial-goods-excluding-energy-annual-average-rate-of-change-eurostat/latvia/

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About this data

Indicator
HICP - Industrial goods excluding energy (Annual average rate of change, Eurostat)
Source
European Central Bank
Licence
ECB Terms and Conditions (attribution required)
Coverage
33 places, 971 data points, 1988–2025
Last refreshed