HICP - Industrial goods excluding energy, non-durables only in Latvia
Latvia: HICP - Industrial goods excluding energy, non-durables only was 1.1 in 2025. ◆ Volatile
Latest (2025)
1.1
Change on year
down 74.4%
World rank
21st
of 31 countries
All-time high
12.6
in 2023
All-time low
-0.7
in 2011
Years of data
29
1997–2025
HICP - Industrial goods excluding energy, non-durables only in Latvia, 1997–2025
Source: European Central Bank.
Analysis
In 2025, hicp - industrial goods excluding energy, non-durables only in Latvia stood at 1.1.
The figure is down 74.4% on the previous year and down 26.7% over ten years.
Over the whole period, hicp - industrial goods excluding energy, non-durables only in Latvia peaked at 12.6 in 2023 and was at its lowest, -0.7, in 2011.
That places Latvia 21st 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, non-durables only in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 8.9 | — |
| 1998 | 2.6 | -70.8% |
| 1999 | 3.3 | +26.9% |
| 2000 | 2.6 | -21.2% |
| 2001 | 2.3 | -11.5% |
| 2002 | 3 | +30.4% |
| 2003 | 5.7 | +90.0% |
| 2004 | 7.1 | +24.6% |
| 2005 | 4.8 | -32.4% |
| 2006 | 5.2 | +8.3% |
| 2007 | 6.4 | +23.1% |
| 2008 | 8.9 | +39.1% |
| 2009 | 9.3 | +4.5% |
| 2010 | -0.4 | -104.3% |
| 2011 | -0.7 | +75.0% |
| 2012 | 0.7 | -200.0% |
| 2013 | 0.7 | +0.0% |
| 2014 | 0.8 | +14.3% |
| 2015 | 1.5 | +87.5% |
| 2016 | 0.9 | -40.0% |
| 2017 | 1.1 | +22.2% |
| 2018 | 0.7 | -36.4% |
| 2019 | 2.6 | +271.4% |
| 2020 | 1 | -61.5% |
| 2021 | 1.2 | +20.0% |
| 2022 | 9 | +650.0% |
| 2023 | 12.6 | +40.0% |
| 2024 | 4.3 | -65.9% |
| 2025 | 1.1 | -74.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.93 | 2.6 | 8.9 | 3 |
| 2000s | 5.53 | 2.3 | 9.3 | 10 |
| 2010s | 0.79 | -0.7 | 2.6 | 10 |
| 2020s | 4.87 | 1 | 12.6 | 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 - industrial goods excluding energy, non-durables only in Latvia?
- Hicp - industrial goods excluding energy, non-durables only in Latvia was 1.1 in 2025, according to European Central Bank.
- What is the highest hicp - industrial goods excluding energy, non-durables only recorded in Latvia?
- The highest recorded value was 12.6 in 2023.
- What is the lowest hicp - industrial goods excluding energy, non-durables only recorded in Latvia?
- The lowest recorded value was -0.7 in 2011.
- How does Latvia rank for hicp - industrial goods excluding energy, non-durables only?
- Latvia ranks 21st out of 31 countries with data for 2025.
- Is hicp - industrial goods excluding energy, non-durables only rising or falling in Latvia?
- Over the last ten years it is down 26.7%. 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, non-durables only (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
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