Price level index in Latvia
Latvia: Price level index was 62.39 Households and NPISHs Final consumption expenditure in 2025. ▲ Rising
Price level index in Latvia, 1995–2025
Source: World Development Indicators, World Bank (WB). Measured in Households and NPISHs Final consumption expenditure.
Analysis
The most recent figure for price level index in Latvia is 62.39 Households and NPISHs Final consumption expenditure, measured in 2025.
The figure is up 8.1% on the previous year and down 1.2% over ten years.
Over the whole period, price level index in Latvia peaked at 93.7 Households and NPISHs Final consumption expenditure in 2008 and was at its lowest, 45.09 Households and NPISHs Final consumption expenditure, in 2001.
Latvia ranks 71st of 205 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.
Price level index in Latvia, year by year
| Year | Households and NPISHs Final consumption expenditure | Change |
|---|---|---|
| 1995 | 48.07 Households and NPISHs Final consumption expenditure | — |
| 1996 | 48.04 Households and NPISHs Final consumption expenditure | -0.1% |
| 1997 | 48.18 Households and NPISHs Final consumption expenditure | +0.3% |
| 1998 | 49.14 Households and NPISHs Final consumption expenditure | +2.0% |
| 1999 | 50.14 Households and NPISHs Final consumption expenditure | +2.0% |
| 2000 | 47.82 Households and NPISHs Final consumption expenditure | -4.6% |
| 2001 | 45.09 Households and NPISHs Final consumption expenditure | -5.7% |
| 2002 | 46.87 Households and NPISHs Final consumption expenditure | +4.0% |
| 2003 | 53.19 Households and NPISHs Final consumption expenditure | +13.5% |
| 2004 | 59.28 Households and NPISHs Final consumption expenditure | +11.4% |
| 2005 | 61.29 Households and NPISHs Final consumption expenditure | +3.4% |
| 2006 | 68.27 Households and NPISHs Final consumption expenditure | +11.4% |
| 2007 | 82.03 Households and NPISHs Final consumption expenditure | +20.2% |
| 2008 | 93.7 Households and NPISHs Final consumption expenditure | +14.2% |
| 2009 | 84.79 Households and NPISHs Final consumption expenditure | -9.5% |
| 2010 | 75.01 Households and NPISHs Final consumption expenditure | -11.5% |
| 2011 | 80.33 Households and NPISHs Final consumption expenditure | +7.1% |
| 2012 | 74.59 Households and NPISHs Final consumption expenditure | -7.1% |
| 2013 | 74.92 Households and NPISHs Final consumption expenditure | +0.4% |
| 2014 | 75.69 Households and NPISHs Final consumption expenditure | +1.0% |
| 2015 | 63.17 Households and NPISHs Final consumption expenditure | -16.5% |
| 2016 | 62.11 Households and NPISHs Final consumption expenditure | -1.7% |
| 2017 | 63.49 Households and NPISHs Final consumption expenditure | +2.2% |
| 2018 | 66.83 Households and NPISHs Final consumption expenditure | +5.3% |
| 2019 | 62.07 Households and NPISHs Final consumption expenditure | -7.1% |
| 2020 | 62.92 Households and NPISHs Final consumption expenditure | +1.4% |
| 2021 | 61.59 Households and NPISHs Final consumption expenditure | -2.1% |
| 2022 | 56.44 Households and NPISHs Final consumption expenditure | -8.4% |
| 2023 | 57.58 Households and NPISHs Final consumption expenditure | +2.0% |
| 2024 | 57.7 Households and NPISHs Final consumption expenditure | +0.2% |
| 2025 | 62.39 Households and NPISHs Final consumption expenditure | +8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 48.71 Households and NPISHs Final consumption expenditure | 48.04 Households and NPISHs Final consumption expenditure | 50.14 Households and NPISHs Final consumption expenditure | 5 |
| 2000s | 64.23 Households and NPISHs Final consumption expenditure | 45.09 Households and NPISHs Final consumption expenditure | 93.7 Households and NPISHs Final consumption expenditure | 10 |
| 2010s | 69.82 Households and NPISHs Final consumption expenditure | 62.07 Households and NPISHs Final consumption expenditure | 80.33 Households and NPISHs Final consumption expenditure | 10 |
| 2020s | 59.77 Households and NPISHs Final consumption expenditure | 56.44 Households and NPISHs Final consumption expenditure | 62.92 Households and NPISHs Final consumption expenditure | 6 |
Countries ranked near Latvia
- 68 Zimbabwe 64.42 Households and NPISHs Final consumption expenditure compare
- 69 Slovakia 63.93 Households and NPISHs Final consumption expenditure compare
- 70 Costa Rica 62.47 Households and NPISHs Final consumption expenditure compare
- 72 Saint Vincent and the Grenadines 62.15 Households and NPISHs Final consumption expenditure compare
- 73 Maldives 62.11 Households and NPISHs Final consumption expenditure compare
- 74 Lithuania 62.11 Households and NPISHs Final consumption expenditure compare
More economy & growth data for Latvia
- Manufacturing, value added (current US$), per unit of GDP 0.0999 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 2,628 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0884 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 2,326 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.073 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 1,920 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 1,898 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.34 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1868 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,916 current US$ per person (2025)
Frequently asked questions
- What is price level index in Latvia?
- Price level index in Latvia was 62.39 Households and NPISHs Final consumption expenditure 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 93.7 Households and NPISHs Final consumption expenditure in 2008.
- What is the lowest price level index recorded in Latvia?
- The lowest recorded value was 45.09 Households and NPISHs Final consumption expenditure in 2001.
- How does Latvia rank for price level index?
- Latvia ranks 71st out of 205 countries with data for 2025.
- Is price level index rising or falling in Latvia?
- Over the last ten years it is down 1.2%. 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 (Households and NPISHs Final consumption expenditure). 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. This indicator provides a measure of the differences in the price levels of countries at the level of Households and NPISHs final consumption expenditure.