HICP - Oils and fats (ND) (Neither seasonally nor working day) in Latvia
Latvia: HICP - Oils and fats (ND) (Neither seasonally nor working day) was 9.83 in 2026. ▼ Falling
Latest (2026)
9.83
Change on year
down 21.4%
World rank
1st
of 27 countries
All-time high
28.06
in 1997
All-time low
8.03
in 2015
Years of data
31
1996–2026
HICP - Oils and fats (ND) (Neither seasonally nor working day) in Latvia, 1996–2026
Source: European Central Bank.
Analysis
The most recent figure for hicp - oils and fats (nd) (neither seasonally nor working day) in Latvia is 9.83, measured in 2026.
That represents a change of down 21.4% on the previous year and up 21.2% over ten years.
Over the whole period, hicp - oils and fats (nd) (neither seasonally nor working day) in Latvia peaked at 28.06 in 1997 and was at its lowest, 8.03, in 2015.
That places Latvia 1st out of 27 countries with data for 2026, putting it in the top 10%.
The long-run direction has been consistently falling across the 31 years of available data.
HICP - Oils and fats (ND) (Neither seasonally nor working day) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 23.46 | — |
| 1997 | 28.06 | +19.6% |
| 1998 | 27.19 | -3.1% |
| 1999 | 22.92 | -15.7% |
| 2000 | 19.02 | -17.0% |
| 2001 | 16.85 | -11.4% |
| 2002 | 17.07 | +1.3% |
| 2003 | 14.35 | -15.9% |
| 2004 | 12.63 | -12.0% |
| 2005 | 11.65 | -7.8% |
| 2006 | 10.48 | -10.0% |
| 2007 | 8.96 | -14.5% |
| 2008 | 8.24 | -8.0% |
| 2009 | 9.08 | +10.2% |
| 2010 | 8.95 | -1.4% |
| 2011 | 10.15 | +13.4% |
| 2012 | 9.82 | -3.3% |
| 2013 | 8.89 | -9.5% |
| 2014 | 8.79 | -1.1% |
| 2015 | 8.03 | -8.6% |
| 2016 | 8.11 | +1.0% |
| 2017 | 9.43 | +16.3% |
| 2018 | 10.26 | +8.8% |
| 2019 | 9.61 | -6.3% |
| 2020 | 8.9 | -7.4% |
| 2021 | 10.63 | +19.4% |
| 2022 | 11.19 | +5.3% |
| 2023 | 11.69 | +4.5% |
| 2024 | 11.52 | -1.5% |
| 2025 | 12.5 | +8.5% |
| 2026 | 9.83 | -21.4% |
Latvia compared with similar countries
- Latvia's 9.83 is above the median for Europe & Central Asia, which is 4.85, 2.0× the median. (26 countries reporting)
- Latvia's 9.83 is above the median for high income countries, which is 4.98, 2.0× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.41 | 22.92 | 28.06 | 4 |
| 2000s | 12.83 | 8.24 | 19.02 | 10 |
| 2010s | 9.2 | 8.03 | 10.26 | 10 |
| 2020s | 10.89 | 8.9 | 12.5 | 7 |
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 - oils and fats (nd) (neither seasonally nor working day) in Latvia?
- Hicp - oils and fats (nd) (neither seasonally nor working day) in Latvia was 9.83 in 2026, according to European Central Bank.
- What is the highest hicp - oils and fats (nd) (neither seasonally nor working day) recorded in Latvia?
- The highest recorded value was 28.06 in 1997.
- What is the lowest hicp - oils and fats (nd) (neither seasonally nor working day) recorded in Latvia?
- The lowest recorded value was 8.03 in 2015.
- How does Latvia rank for hicp - oils and fats (nd) (neither seasonally nor working day)?
- Latvia ranks 1st out of 27 countries with data for 2026.
- Is hicp - oils and fats (nd) (neither seasonally nor working day) rising or falling in Latvia?
- Over the last ten years it is up 21.2%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from European Central Bank, published as part of HICP - Oils and fats (ND) (Neither seasonally nor working day adjusted, Sub-index weight). Statizoid updates them automatically from the source API.
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