HICP: MISCELLANEOUS GOODS AND SERVICES (Annual) in Latvia
Latvia: HICP: MISCELLANEOUS GOODS AND SERVICES (Annual) was 2.1 in 2025. ◆ Volatile
HICP - MISCELLANEOUS GOODS AND SERVICES in Latvia, 1997–2025
Source: European Central Bank.
Analysis
Latvia recorded 2.1 for hicp - miscellaneous goods and services in 2025.
The figure is down 36.4% on the previous year and up 50.0% over ten years.
Over the whole period, hicp - miscellaneous goods and services in Latvia peaked at 12.1 in 2008 and was at its lowest, -3.8, in 2010.
Latvia ranks 25th of 31 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
HICP: MISCELLANEOUS GOODS AND SERVICES (Annual) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 5.9 | — |
| 1998 | 2.8 | -52.5% |
| 1999 | 2.9 | +3.6% |
| 2000 | 2.1 | -27.6% |
| 2001 | 0.3 | -85.7% |
| 2002 | 1.7 | +466.7% |
| 2003 | 3.8 | +123.5% |
| 2004 | 7.7 | +102.6% |
| 2005 | 7.3 | -5.2% |
| 2006 | 6.1 | -16.4% |
| 2007 | 11.6 | +90.2% |
| 2008 | 12.1 | +4.3% |
| 2009 | 4.7 | -61.2% |
| 2010 | -3.8 | -180.9% |
| 2011 | 0.6 | -115.8% |
| 2012 | 1.3 | +116.7% |
| 2013 | 1.8 | +38.5% |
| 2014 | 1.8 | +0.0% |
| 2015 | 1.4 | -22.2% |
| 2016 | 0.8 | -42.9% |
| 2017 | 5.5 | +587.5% |
| 2018 | 5.3 | -3.6% |
| 2019 | 1.1 | -79.2% |
| 2020 | -0.3 | -127.3% |
| 2021 | 1.1 | -466.7% |
| 2022 | 11.9 | +981.8% |
| 2023 | 11.5 | -3.4% |
| 2024 | 3.3 | -71.3% |
| 2025 | 2.1 | -36.4% |
Latvia compared with similar countries
- Latvia's 2.1 is below the median for Europe & Central Asia, which is 3.1, 68% of the median. (29 countries reporting)
- Latvia's 2.1 is below the median for high income countries, which is 3.1, 68% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where HICP: MISCELLANEOUS GOODS AND SERVICES (Annual) 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 |
|---|---|---|---|
| 2022 | +981.8% | 1.1 | 11.9 |
| 2017 | +587.5% | 0.8 | 5.5 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.87 | 2.8 | 5.9 | 3 |
| 2000s | 5.74 | 0.3 | 12.1 | 10 |
| 2010s | 1.58 | -3.8 | 5.5 | 10 |
| 2020s | 4.93 | -0.3 | 11.9 | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -7.43 % change on previous year (2025)
Frequently asked questions
- What is hicp - miscellaneous goods and services in Latvia?
- Hicp - miscellaneous goods and services in Latvia was 2.1 in 2025, according to European Central Bank.
- What is the highest hicp - miscellaneous goods and services recorded in Latvia?
- The highest recorded value was 12.1 in 2008.
- What is the lowest hicp - miscellaneous goods and services recorded in Latvia?
- The lowest recorded value was -3.8 in 2010.
- How does Latvia rank for hicp - miscellaneous goods and services?
- Latvia ranks 25th out of 31 countries with data for 2025.
- Is hicp - miscellaneous goods and services rising or falling in Latvia?
- Over the last ten years it is up 50.0%. 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 - MISCELLANEOUS GOODS AND SERVICES (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
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