HICP - Ready-made food and other food products (ND) (Neither) in Latvia
Latvia: HICP - Ready-made food and other food products (ND) (Neither) was 15.1 in 2026. ▬ Flat
Latest (2026)
15.1
Change on year
up 34.7%
World rank
9th
of 27 countries
All-time high
15.1
in 2026
All-time low
8.86
in 2012
Years of data
31
1996–2026
HICP - Ready-made food and other food products (ND) (Neither) in Latvia, 1996–2026
Source: European Central Bank.
Analysis
Latvia recorded 15.1 for hicp - ready-made food and other food products (nd) (neither) in 2026. That is the highest value across all 31 years on record.
The figure is up 34.7% on the previous year and up 45.6% over ten years.
Over the whole period, hicp - ready-made food and other food products (nd) (neither) in Latvia peaked at 15.1 in 2026 and was at its lowest, 8.86, in 2012.
That places Latvia 9th out of 27 countries with data for 2026, putting it in the middle of the range.
HICP - Ready-made food and other food products (ND) (Neither) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 11.62 | — |
| 1997 | 10.62 | -8.6% |
| 1998 | 11.59 | +9.1% |
| 1999 | 10.78 | -7.0% |
| 2000 | 10.74 | -0.4% |
| 2001 | 9.53 | -11.3% |
| 2002 | 8.97 | -5.9% |
| 2003 | 12.06 | +34.4% |
| 2004 | 12.1 | +0.3% |
| 2005 | 10.86 | -10.2% |
| 2006 | 11.87 | +9.3% |
| 2007 | 10.48 | -11.7% |
| 2008 | 11 | +5.0% |
| 2009 | 9.96 | -9.5% |
| 2010 | 12.15 | +22.0% |
| 2011 | 10.65 | -12.3% |
| 2012 | 8.86 | -16.8% |
| 2013 | 9.31 | +5.1% |
| 2014 | 11.62 | +24.8% |
| 2015 | 11.33 | -2.5% |
| 2016 | 10.37 | -8.5% |
| 2017 | 9.99 | -3.7% |
| 2018 | 9.58 | -4.1% |
| 2019 | 9.6 | +0.2% |
| 2020 | 9.35 | -2.6% |
| 2021 | 11.15 | +19.3% |
| 2022 | 10.94 | -1.9% |
| 2023 | 10.72 | -2.0% |
| 2024 | 11.2 | +4.5% |
| 2025 | 11.21 | +0.1% |
| 2026 | 15.1 | +34.7% |
Latvia compared with similar countries
- Latvia's 15.1 is above the median for Europe & Central Asia, which is 11.82, 1.3× the median. (26 countries reporting)
- Latvia's 15.1 is above the median for high income countries, which is 12.49, 1.2× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.15 | 10.62 | 11.62 | 4 |
| 2000s | 10.76 | 8.97 | 12.1 | 10 |
| 2010s | 10.35 | 8.86 | 12.15 | 10 |
| 2020s | 11.38 | 9.35 | 15.1 | 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 - ready-made food and other food products (nd) (neither) in Latvia?
- Hicp - ready-made food and other food products (nd) (neither) in Latvia was 15.1 in 2026, according to European Central Bank.
- What is the highest hicp - ready-made food and other food products (nd) (neither) recorded in Latvia?
- The highest recorded value was 15.1 in 2026.
- What is the lowest hicp - ready-made food and other food products (nd) (neither) recorded in Latvia?
- The lowest recorded value was 8.86 in 2012.
- How does Latvia rank for hicp - ready-made food and other food products (nd) (neither)?
- Latvia ranks 9th out of 27 countries with data for 2026.
- Is hicp - ready-made food and other food products (nd) (neither) rising or falling in Latvia?
- Over the last ten years it is up 45.6%. The long-run trend across the full record is flat.
- Where does this Latvia data come from?
- The figures come from European Central Bank, published as part of HICP - Ready-made food and other food products (ND) (Neither seasonally nor working day adjusted, Sub-index weight). Statizoid updates them automatically from the source API.
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