Price level index in Latvia
Latvia: Price level index was 57.03 GDP in 2025. ▲ Rising
Price level index in Latvia, 1995–2025
Source: World Development Indicators, World Bank (WB). Measured in GDP.
Analysis
In 2025, price level index in Latvia stood at 57.03 GDP.
Compared with earlier readings it is up 6.1% on the previous year and down 3.5% over ten years.
Over the whole period, price level index in Latvia peaked at 89.88 GDP in 2008 and was at its lowest, 39.79 GDP, in 2001.
Latvia ranks 72nd of 203 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 41.68 GDP | 41 GDP | 42.22 GDP | 5 |
| 2000s | 59.67 GDP | 39.79 GDP | 89.88 GDP | 10 |
| 2010s | 63.81 GDP | 53.71 GDP | 72.98 GDP | 10 |
| 2020s | 53.71 GDP | 49.87 GDP | 57.03 GDP | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- External balance on goods and services as a percent of GDP -4.6% (2025)
- Inflation of consumer prices 3.7% (2025)
- GDP per capita 16,892 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.0% (2025)
- Gross domestic product (GDP) 31.21 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 16,892 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 849.88 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 919.89 million current US$ (2024)
- Taxes less subsidies on products 5.62 billion current LCU (2025)
Frequently asked questions
- What is price level index in Latvia?
- Price level index in Latvia was 57.03 GDP in 2025, according to World Development Indicators, World Bank (WB).
- What is the highest price level index recorded in Latvia?
- The highest recorded value was 89.88 GDP in 2008.
- What is the lowest price level index recorded in Latvia?
- The lowest recorded value was 39.79 GDP in 2001.
- How does Latvia rank for price level index?
- Latvia ranks 72nd out of 203 countries with data for 2025.
- Is price level index rising or falling in Latvia?
- Over the last ten years it is down 3.5%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Price level index (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. At the level of GDP, the price level ratio provides a measure of the differences in the general price levels of countries.