HICP - Restaurants and accommodation services (Neither seasonally nor) in Latvia
Latvia: HICP - Restaurants and accommodation services (Neither seasonally nor) was 52.03 in 2026. ▲ Rising
HICP - Restaurants and accommodation services (Neither seasonally nor) in Latvia, 1996–2026
Source: European Central Bank.
Analysis
In 2026, hicp - restaurants and accommodation services (neither seasonally nor) in Latvia stood at 52.03.
That represents a change of down 0.1% on the previous year and down 24.2% over ten years.
Over the whole period, hicp - restaurants and accommodation services (neither seasonally nor) in Latvia peaked at 90.74 in 2008 and was at its lowest, 31.73, in 2000.
That places Latvia 26th out of 27 countries with data for 2026, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
HICP - Restaurants and accommodation services (Neither seasonally nor) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 35.44 | — |
| 1997 | 35.38 | -0.2% |
| 1998 | 40.02 | +13.1% |
| 1999 | 39.73 | -0.7% |
| 2000 | 31.73 | -20.1% |
| 2001 | 48.43 | +52.6% |
| 2002 | 48.47 | +0.1% |
| 2003 | 63.47 | +30.9% |
| 2004 | 65.19 | +2.7% |
| 2005 | 70.63 | +8.3% |
| 2006 | 72.34 | +2.4% |
| 2007 | 78.91 | +9.1% |
| 2008 | 90.74 | +15.0% |
| 2009 | 89.42 | -1.5% |
| 2010 | 66.74 | -25.4% |
| 2011 | 63.96 | -4.2% |
| 2012 | 63.47 | -0.8% |
| 2013 | 64.94 | +2.3% |
| 2014 | 65.25 | +0.5% |
| 2015 | 66.08 | +1.3% |
| 2016 | 68.68 | +3.9% |
| 2017 | 69.01 | +0.5% |
| 2018 | 73.39 | +6.3% |
| 2019 | 73.63 | +0.3% |
| 2020 | 71.3 | -3.2% |
| 2021 | 50.17 | -29.6% |
| 2022 | 47.75 | -4.8% |
| 2023 | 49.7 | +4.1% |
| 2024 | 51.67 | +4.0% |
| 2025 | 52.09 | +0.8% |
| 2026 | 52.03 | -0.1% |
Latvia compared with similar countries
- Latvia's 52.03 is below the median for Europe & Central Asia, which is 100.53, 52% of the median. (26 countries reporting)
- Latvia's 52.03 is below the median for high income countries, which is 102.94, 51% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where HICP - Restaurants and accommodation services (Neither seasonally nor) 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 |
|---|---|---|---|
| 2001 | +52.6% | 31.73 | 48.43 |
| 2003 | +30.9% | 48.47 | 63.47 |
| 2021 | -29.6% | 71.3 | 50.17 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 37.64 | 35.38 | 40.02 | 4 |
| 2000s | 65.93 | 31.73 | 90.74 | 10 |
| 2010s | 67.52 | 63.47 | 73.63 | 10 |
| 2020s | 53.53 | 47.75 | 71.3 | 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 - restaurants and accommodation services (neither seasonally nor) in Latvia?
- Hicp - restaurants and accommodation services (neither seasonally nor) in Latvia was 52.03 in 2026, according to European Central Bank.
- What is the highest hicp - restaurants and accommodation services (neither seasonally nor) recorded in Latvia?
- The highest recorded value was 90.74 in 2008.
- What is the lowest hicp - restaurants and accommodation services (neither seasonally nor) recorded in Latvia?
- The lowest recorded value was 31.73 in 2000.
- How does Latvia rank for hicp - restaurants and accommodation services (neither seasonally nor)?
- Latvia ranks 26th out of 27 countries with data for 2026.
- Is hicp - restaurants and accommodation services (neither seasonally nor) rising or falling in Latvia?
- Over the last ten years it is down 24.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from European Central Bank, published as part of HICP - Restaurants and accommodation services (Neither seasonally nor working day adjusted, Sub-index weight). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under ECB Terms and Conditions (attribution required).