HICP - Wine (Annual average rate of change, Eurostat) in Latvia
Latvia: HICP - Wine (Annual average rate of change, Eurostat) was 1.4 in 2025. ◆ Volatile
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 (Annual average rate of change, Eurostat) 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% |
Latvia compared with similar countries
- Latvia's 1.4 is above the median for Europe & Central Asia, which is 1.4, 1.0× the median. (29 countries reporting)
- Latvia's 1.4 is above the median for high income countries, which is 1.2, 1.2× the median. (27 countries reporting)
Biggest year-on-year movements
Years where HICP - Wine (Annual average rate of change, Eurostat) 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 |
|---|---|---|---|
| 2018 | +3600.0% | 0.1 | 3.7 |
| 2022 | +1225.0% | 0.4 | 5.3 |
| 2013 | +1066.7% | 0.3 | 3.5 |
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
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -7.43 % 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.
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