HICP - Wine in Latvia
Latvia: HICP - Wine was 1.4 in 2025. ◆ Volatile
Latest (2025)
1.4
Change on year
down 68.2%
World rank
16th
of 31 countries
All-time high
9.1
in 2023
All-time low
-2.2
in 2015
Years of data
29
1997–2025
HICP - Wine in Latvia, 1997–2025
Source: European Central Bank.
Analysis
The most recent figure for hicp - wine in Latvia is 1.4, measured in 2025.
The figure is down 68.2% on the previous year and up 163.6% over ten years.
Over the whole period, hicp - wine in Latvia peaked at 9.1 in 2023 and was at its lowest, -2.2, in 2015.
Latvia ranks 16th of 31 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
HICP - Wine in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 1.6 | — |
| 1998 | 4 | +150.0% |
| 1999 | 6.1 | +52.5% |
| 2000 | 3.7 | -39.3% |
| 2001 | 1.1 | -70.3% |
| 2002 | 1.5 | +36.4% |
| 2003 | 1.2 | -20.0% |
| 2004 | 1.3 | +8.3% |
| 2005 | 1 | -23.1% |
| 2006 | 6.2 | +520.0% |
| 2007 | 6.7 | +8.1% |
| 2008 | 8.3 | +23.9% |
| 2009 | 9 | +8.4% |
| 2010 | 1.2 | -86.7% |
| 2011 | 1.1 | -8.3% |
| 2012 | 0.3 | -72.7% |
| 2013 | 3.5 | +1066.7% |
| 2014 | 2 | -42.9% |
| 2015 | -2.2 | -210.0% |
| 2016 | 3 | -236.4% |
| 2017 | 0.1 | -96.7% |
| 2018 | 3.7 | +3600.0% |
| 2019 | 1.5 | -59.5% |
| 2020 | -0.6 | -140.0% |
| 2021 | 0.4 | -166.7% |
| 2022 | 5.3 | +1225.0% |
| 2023 | 9.1 | +71.7% |
| 2024 | 4.4 | -51.6% |
| 2025 | 1.4 | -68.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.9 | 1.6 | 6.1 | 3 |
| 2000s | 4 | 1 | 9 | 10 |
| 2010s | 1.42 | -2.2 | 3.7 | 10 |
| 2020s | 3.33 | -0.6 | 9.1 | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Gross capital formation (current US$), annual growth rate 23.84 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2406 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 6,330 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 18.62 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.2129 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 5,601 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 18.33 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2098 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 5,519 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 11.67 % change on previous year (2025)
Frequently asked questions
- What is hicp - wine in Latvia?
- Hicp - wine in Latvia was 1.4 in 2025, according to European Central Bank.
- What is the highest hicp - wine recorded in Latvia?
- The highest recorded value was 9.1 in 2023.
- What is the lowest hicp - wine recorded in Latvia?
- The lowest recorded value was -2.2 in 2015.
- How does Latvia rank for hicp - wine?
- Latvia ranks 16th out of 31 countries with data for 2025.
- Is hicp - wine rising or falling in Latvia?
- Over the last ten years it is up 163.6%. 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 - Wine (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under ECB Terms and Conditions (attribution required).