HICP - Overall index (Annual average rate of change, Eurostat) in Latvia
Latvia: HICP - Overall index (Annual average rate of change, Eurostat) was 3.8 in 2025. ◆ Volatile
HICP - Overall index in Latvia, 1997–2025
Source: European Central Bank.
Analysis
Latvia recorded 3.8 for hicp - overall index in 2025.
That represents a change of up 192.3% on the previous year and up 1,800.0% over ten years.
Over the whole period, hicp - overall index in Latvia peaked at 17.2 in 2022 and was at its lowest, -1.2, in 2010.
Latvia ranks 8th 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 - Overall index (Annual average rate of change, Eurostat) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 8.1 | — |
| 1998 | 4.3 | -46.9% |
| 1999 | 2.1 | -51.2% |
| 2000 | 2.6 | +23.8% |
| 2001 | 2.5 | -3.8% |
| 2002 | 2 | -20.0% |
| 2003 | 2.9 | +45.0% |
| 2004 | 6.2 | +113.8% |
| 2005 | 6.9 | +11.3% |
| 2006 | 6.6 | -4.3% |
| 2007 | 10.1 | +53.0% |
| 2008 | 15.3 | +51.5% |
| 2009 | 3.3 | -78.4% |
| 2010 | -1.2 | -136.4% |
| 2011 | 4.2 | -450.0% |
| 2012 | 2.3 | -45.2% |
| 2013 | 0 | -100.0% |
| 2014 | 0.7 | — |
| 2015 | 0.2 | -71.4% |
| 2016 | 0.1 | -50.0% |
| 2017 | 2.9 | +2800.0% |
| 2018 | 2.6 | -10.3% |
| 2019 | 2.7 | +3.8% |
| 2020 | 0.1 | -96.3% |
| 2021 | 3.2 | +3100.0% |
| 2022 | 17.2 | +437.5% |
| 2023 | 9.1 | -47.1% |
| 2024 | 1.3 | -85.7% |
| 2025 | 3.8 | +192.3% |
Latvia compared with similar countries
- Latvia's 3.8 is above the median for Europe & Central Asia, which is 2.9, 1.3× the median. (29 countries reporting)
- Latvia's 3.8 is above the median for high income countries, which is 2.7, 1.4× the median. (27 countries reporting)
Biggest year-on-year movements
Years where HICP - Overall index (Annual average rate of change, Eurostat) 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 |
|---|---|---|---|
| 2021 | +3100.0% | 0.1 | 3.2 |
| 2017 | +2800.0% | 0.1 | 2.9 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.83 | 2.1 | 8.1 | 3 |
| 2000s | 5.84 | 2 | 15.3 | 10 |
| 2010s | 1.45 | -1.2 | 4.2 | 10 |
| 2020s | 5.78 | 0.1 | 17.2 | 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 - overall index in Latvia?
- Hicp - overall index in Latvia was 3.8 in 2025, according to European Central Bank.
- What is the highest hicp - overall index recorded in Latvia?
- The highest recorded value was 17.2 in 2022.
- What is the lowest hicp - overall index recorded in Latvia?
- The lowest recorded value was -1.2 in 2010.
- How does Latvia rank for hicp - overall index?
- Latvia ranks 8th out of 31 countries with data for 2025.
- Is hicp - overall index rising or falling in Latvia?
- Over the last ten years it is up 1,800.0%. 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 - Overall index (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
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