HICP - Services related to package holidays and accommodation in Latvia
Latvia: HICP - Services related to package holidays and accommodation was 31.96 in 2026. ▲ Rising
HICP - Services related to package holidays and accommodation in Latvia, 1996–2026
Source: European Central Bank.
Analysis
In 2026, hicp - services related to package holidays and accommodation in Latvia stood at 31.96.
Compared with earlier readings it is up 82.3% on the previous year and up 23.5% over ten years.
Over the whole period, hicp - services related to package holidays and accommodation in Latvia peaked at 32.97 in 2009 and was at its lowest, 1.31, in 1997.
Latvia ranks 17th of 27 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
HICP - Services related to package holidays and accommodation in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 2.46 | — |
| 1997 | 1.31 | -46.7% |
| 1998 | 2.12 | +61.8% |
| 1999 | 4.34 | +104.7% |
| 2000 | 3.3 | -24.0% |
| 2001 | 15.13 | +358.5% |
| 2002 | 15.06 | -0.5% |
| 2003 | 13.45 | -10.7% |
| 2004 | 17.46 | +29.8% |
| 2005 | 23.09 | +32.2% |
| 2006 | 20.63 | -10.7% |
| 2007 | 23.71 | +14.9% |
| 2008 | 30.73 | +29.6% |
| 2009 | 32.97 | +7.3% |
| 2010 | 22.59 | -31.5% |
| 2011 | 22.2 | -1.7% |
| 2012 | 24.27 | +9.3% |
| 2013 | 25.6 | +5.5% |
| 2014 | 26.94 | +5.2% |
| 2015 | 27.08 | +0.5% |
| 2016 | 25.88 | -4.4% |
| 2017 | 25.08 | -3.1% |
| 2018 | 25.57 | +2.0% |
| 2019 | 24.62 | -3.7% |
| 2020 | 21.66 | -12.0% |
| 2021 | 11.25 | -48.1% |
| 2022 | 10.94 | -2.8% |
| 2023 | 16.64 | +52.1% |
| 2024 | 17.2 | +3.4% |
| 2025 | 17.53 | +1.9% |
| 2026 | 31.96 | +82.3% |
Latvia compared with similar countries
- Latvia's 31.96 is below the median for Europe & Central Asia, which is 37.32, 86% of the median. (26 countries reporting)
- Latvia's 31.96 is below the median for high income countries, which is 37.85, 84% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where HICP - Services related to package holidays and accommodation 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 | +358.5% | 3.3 | 15.13 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.56 | 1.31 | 4.34 | 4 |
| 2000s | 19.55 | 3.3 | 32.97 | 10 |
| 2010s | 24.98 | 22.2 | 27.08 | 10 |
| 2020s | 18.17 | 10.94 | 31.96 | 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 - services related to package holidays and accommodation in Latvia?
- Hicp - services related to package holidays and accommodation in Latvia was 31.96 in 2026, according to European Central Bank.
- What is the highest hicp - services related to package holidays and accommodation recorded in Latvia?
- The highest recorded value was 32.97 in 2009.
- What is the lowest hicp - services related to package holidays and accommodation recorded in Latvia?
- The lowest recorded value was 1.31 in 1997.
- How does Latvia rank for hicp - services related to package holidays and accommodation?
- Latvia ranks 17th out of 27 countries with data for 2026.
- Is hicp - services related to package holidays and accommodation rising or falling in Latvia?
- Over the last ten years it is up 23.5%. 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 - Services related to package holidays and accommodation (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).