HICP - Services related to transport (Neither seasonally nor working) in Latvia
Latvia: HICP - Services related to transport (Neither seasonally nor working) was 53.66 in 2026. ▲ Rising
Latest (2026)
53.66
Change on year
down 2.4%
World rank
16th
of 27 countries
All-time high
66.7
in 2020
All-time low
36.73
in 1997
Years of data
31
1996–2026
HICP - Services related to transport (Neither seasonally nor working) in Latvia, 1996–2026
Source: European Central Bank.
Analysis
In 2026, hicp - services related to transport (neither seasonally nor working) in Latvia stood at 53.66.
Compared with earlier readings it is down 2.4% on the previous year and down 13.6% over ten years.
Over the whole period, hicp - services related to transport (neither seasonally nor working) in Latvia peaked at 66.7 in 2020 and was at its lowest, 36.73, in 1997.
That places Latvia 16th out of 27 countries with data for 2026, putting it 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 transport (Neither seasonally nor working) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 41.61 | — |
| 1997 | 36.73 | -11.7% |
| 1998 | 39.68 | +8.0% |
| 1999 | 40.89 | +3.0% |
| 2000 | 37.44 | -8.4% |
| 2001 | 46.67 | +24.7% |
| 2002 | 45.11 | -3.3% |
| 2003 | 41.03 | -9.0% |
| 2004 | 40.67 | -0.9% |
| 2005 | 40.75 | +0.2% |
| 2006 | 46.36 | +13.8% |
| 2007 | 41.9 | -9.6% |
| 2008 | 45.7 | +9.1% |
| 2009 | 48.93 | +7.1% |
| 2010 | 53.47 | +9.3% |
| 2011 | 60.59 | +13.3% |
| 2012 | 58.77 | -3.0% |
| 2013 | 60.43 | +2.8% |
| 2014 | 60.59 | +0.3% |
| 2015 | 61.1 | +0.8% |
| 2016 | 62.12 | +1.7% |
| 2017 | 64.36 | +3.6% |
| 2018 | 65.86 | +2.3% |
| 2019 | 64.13 | -2.6% |
| 2020 | 66.7 | +4.0% |
| 2021 | 52.35 | -21.5% |
| 2022 | 48.8 | -6.8% |
| 2023 | 49.81 | +2.1% |
| 2024 | 53.98 | +8.4% |
| 2025 | 54.99 | +1.9% |
| 2026 | 53.66 | -2.4% |
Latvia compared with similar countries
- Latvia's 53.66 is below the median for Europe & Central Asia, which is 55.84, 96% of the median. (26 countries reporting)
- Latvia's 53.66 is below the median for high income countries, which is 56.58, 95% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 39.73 | 36.73 | 41.61 | 4 |
| 2000s | 43.46 | 37.44 | 48.93 | 10 |
| 2010s | 61.14 | 53.47 | 65.86 | 10 |
| 2020s | 54.33 | 48.8 | 66.7 | 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 transport (neither seasonally nor working) in Latvia?
- Hicp - services related to transport (neither seasonally nor working) in Latvia was 53.66 in 2026, according to European Central Bank.
- What is the highest hicp - services related to transport (neither seasonally nor working) recorded in Latvia?
- The highest recorded value was 66.7 in 2020.
- What is the lowest hicp - services related to transport (neither seasonally nor working) recorded in Latvia?
- The lowest recorded value was 36.73 in 1997.
- How does Latvia rank for hicp - services related to transport (neither seasonally nor working)?
- Latvia ranks 16th out of 27 countries with data for 2026.
- Is hicp - services related to transport (neither seasonally nor working) rising or falling in Latvia?
- Over the last ten years it is down 13.6%. 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 transport (Neither seasonally nor working day adjusted, Sub-index weight). Statizoid updates them automatically from the source API.
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