HICP - Oils and fats in Latvia

Latvia: HICP - Oils and fats was 12.9 in 2025. ◆ Volatile

Latest (2025)
12.9
Change on year
up 72.0%
World rank
5th
of 31 countries
All-time high
33.1
in 2008
All-time low
-5.2
in 2000
Years of data
29
1997–2025

HICP - Oils and fats in Latvia, 1997–2025

-1001020301997201120251997: 0.71998: -1.11999: -4.52000: -5.22001: -0.52002: 6.62003: 7.32004: 82005: 9.12006: 6.52007: 11.72008: 33.12009: -1.32010: -3.12011: 182012: 0.92013: 12014: -1.52015: -4.12016: 02017: 17.52018: 3.52019: 0.32020: -0.42021: 6.62022: 30.42023: 5.72024: 7.52025: 12.9

Source: European Central Bank.

Analysis

The most recent figure for hicp - oils and fats in Latvia is 12.9, measured in 2025.

Compared with earlier readings it is up 72.0% on the previous year and up 414.6% over ten years.

Over the whole period, hicp - oils and fats in Latvia peaked at 33.1 in 2008 and was at its lowest, -5.2, in 2000.

Latvia ranks 5th of 31 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

HICP - Oils and fats in Latvia, year by year

Annual values for HICP - Oils and fats (Annual average rate of change, Eurostat) in Latvia, 1997 to 2025.
Year Value Change
1997 0.7
1998 -1.1 -257.1%
1999 -4.5 +309.1%
2000 -5.2 +15.6%
2001 -0.5 -90.4%
2002 6.6 -1420.0%
2003 7.3 +10.6%
2004 8 +9.6%
2005 9.1 +13.7%
2006 6.5 -28.6%
2007 11.7 +80.0%
2008 33.1 +182.9%
2009 -1.3 -103.9%
2010 -3.1 +138.5%
2011 18 -680.6%
2012 0.9 -95.0%
2013 1 +11.1%
2014 -1.5 -250.0%
2015 -4.1 +173.3%
2016 0 -100.0%
2017 17.5
2018 3.5 -80.0%
2019 0.3 -91.4%
2020 -0.4 -233.3%
2021 6.6 -1750.0%
2022 30.4 +360.6%
2023 5.7 -81.2%
2024 7.5 +31.6%
2025 12.9 +72.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s -1.63 -4.5 0.7 3
2000s 7.53 -5.2 33.1 10
2010s 3.25 -4.1 18 10
2020s 10.45 -0.4 30.4 6

Countries ranked near Latvia

  1. 2 Albania 24.7 compare
  2. 3 Italy 20.1 compare
  3. 4 Montenegro 13.2 compare
  4. 6 Germany 12.3 compare
  5. 7 Slovenia 9.8 compare
  6. 8 Slovakia 9.7 compare

See the full ranking of 33 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is hicp - oils and fats in Latvia?
Hicp - oils and fats in Latvia was 12.9 in 2025, according to European Central Bank.
What is the highest hicp - oils and fats recorded in Latvia?
The highest recorded value was 33.1 in 2008.
What is the lowest hicp - oils and fats recorded in Latvia?
The lowest recorded value was -5.2 in 2000.
How does Latvia rank for hicp - oils and fats?
Latvia ranks 5th out of 31 countries with data for 2025.
Is hicp - oils and fats rising or falling in Latvia?
Over the last ten years it is up 414.6%. 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 - Oils and fats (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.

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HICP - Oils and fats in Latvia. Statizoid, drawing on European Central Bank. Retrieved 12 September 2026, from https://economy.statizoid.com/stat/hicp-oils-and-fats-annual-average-rate-of-change-eurostat/latvia/

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About this data

Indicator
HICP - Oils and fats (Annual average rate of change, Eurostat)
Source
European Central Bank
Licence
ECB Terms and Conditions (attribution required)
Coverage
33 places, 877 data points, 1996–2025
Last refreshed