Purchasing power: based on COICOP 2018 in Latvia
Latvia: Purchasing power: based on COICOP 2018 was 0.793 in 2025. ▲ Rising
Latest (2025)
0.793
Change on year
up 0.2%
World rank
46th
of 51 countries
All-time high
0.793
in 2025
All-time low
0.3535
in 1995
Years of data
31
1995–2025
Purchasing power parities, price level indices, nominal and real in Latvia, 1995–2025
Source: Eurostat.
Analysis
In 2025, purchasing power parities, price level indices, nominal and real in Latvia stood at 0.793. That is the highest value across all 31 years on record.
The figure is up 0.2% on the previous year and up 14.6% over ten years.
Over the whole period, purchasing power parities, price level indices, nominal and real in Latvia peaked at 0.793 in 2025 and was at its lowest, 0.3535, in 1995.
That places Latvia 46th out of 51 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Purchasing power: based on COICOP 2018 in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.3535 | — |
| 1996 | 0.3871 | +9.5% |
| 1997 | 0.4086 | +5.5% |
| 1998 | 0.4243 | +3.8% |
| 1999 | 0.424 | -0.1% |
| 2000 | 0.4343 | +2.4% |
| 2001 | 0.4268 | -1.7% |
| 2002 | 0.4403 | +3.1% |
| 2003 | 0.4606 | +4.6% |
| 2004 | 0.4887 | +6.1% |
| 2005 | 0.5354 | +9.6% |
| 2006 | 0.6149 | +14.8% |
| 2007 | 0.7165 | +16.5% |
| 2008 | 0.7416 | +3.5% |
| 2009 | 0.69 | -7.0% |
| 2010 | 0.6435 | -6.7% |
| 2011 | 0.669 | +4.0% |
| 2012 | 0.6855 | +2.5% |
| 2013 | 0.6917 | +0.9% |
| 2014 | 0.6942 | +0.4% |
| 2015 | 0.692 | -0.3% |
| 2016 | 0.6975 | +0.8% |
| 2017 | 0.7054 | +1.1% |
| 2018 | 0.7225 | +2.4% |
| 2019 | 0.7377 | +2.1% |
| 2020 | 0.7352 | -0.3% |
| 2021 | 0.7276 | -1.0% |
| 2022 | 0.7672 | +5.4% |
| 2023 | 0.7859 | +2.4% |
| 2024 | 0.7916 | +0.7% |
| 2025 | 0.793 | +0.2% |
Latvia compared with similar countries
- Latvia's 0.793 is below the median for Europe & Central Asia, which is 1.13, 70% of the median. (35 countries reporting)
- Latvia's 0.793 is below the median for high income countries, which is 1.13, 70% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3995 | 0.3535 | 0.4243 | 5 |
| 2000s | 0.5549 | 0.4268 | 0.7416 | 10 |
| 2010s | 0.6939 | 0.6435 | 0.7377 | 10 |
| 2020s | 0.7668 | 0.7276 | 0.793 | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Real gdp growth, annual growth rate 96.07 % change on previous year (2024)
- 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)
Frequently asked questions
- What is purchasing power parities, price level indices, nominal and real in Latvia?
- Purchasing power parities, price level indices, nominal and real in Latvia was 0.793 in 2025, according to Eurostat.
- What is the highest purchasing power parities, price level indices, nominal and real recorded in Latvia?
- The highest recorded value was 0.793 in 2025.
- What is the lowest purchasing power parities, price level indices, nominal and real recorded in Latvia?
- The lowest recorded value was 0.3535 in 1995.
- How does Latvia rank for purchasing power parities, price level indices, nominal and real?
- Latvia ranks 46th out of 51 countries with data for 2025.
- Is purchasing power parities, price level indices, nominal and real rising or falling in Latvia?
- Over the last ten years it is up 14.6%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Purchasing power parities, price level indices, nominal and real expenditures by analytical categories - based on COICOP 2018. Statizoid updates them automatically from the source API.
Download this data
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