CPI Price, % y-o-y, nominal, seas. adj. in Latvia

Latvia: CPI Price, % y-o-y, nominal, seas. adj. was 2.4% in 2026. ◆ Volatile

Latest (2026)
2.4%
Change on year
down 36.5%
World rank
83rd
of 156 countries
All-time high
943.5%
in 1992
All-time low
-1.0%
in 2010
Years of data
36
1991–2026

CPI Price, % y-o-y, nominal, seas. adj. in Latvia, 1991–2026

02004006008001.0k1991200820261991: 77.11992: 943.51993: 106.41994: 35.61995: 25.11996: 18.21997: 8.51998: 4.71999: 2.32000: 2.62001: 2.52002: 1.92003: 32004: 6.22005: 6.72006: 6.52007: 10.12008: 15.52009: 3.52010: -12011: 4.42012: 2.22013: -0.0632014: 0.6472015: 0.1642016: 0.1642017: 2.92018: 2.52019: 2.82020: 0.2322021: 3.32022: 17.32023: 92024: 1.32025: 3.72026: 2.4

Source: World Bank staff calculations based on Datastream data.

Analysis

The most recent figure for cpi price, % y-o-y, nominal, seas. adj. in Latvia is 2.4%, measured in 2026.

The figure is down 36.5% on the previous year and up 1,349.3% over ten years.

Over the whole period, cpi price, % y-o-y, nominal, seas. adj. in Latvia peaked at 943.5% in 1992 and was at its lowest, -1.0%, in 2010.

That places Latvia 83rd out of 156 countries with data for 2026, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

CPI Price, % y-o-y, nominal, seas. adj. in Latvia, year by year

Annual values for CPI Price, % y-o-y, nominal, seas. adj. in Latvia, 1991 to 2026.
Year Value Change
1991 77.1% —
1992 943.5% +1124.0%
1993 106.4% -88.7%
1994 35.6% -66.5%
1995 25.1% -29.5%
1996 18.2% -27.6%
1997 8.5% -53.3%
1998 4.7% -44.9%
1999 2.3% -50.2%
2000 2.6% +9.8%
2001 2.5% -2.5%
2002 1.9% -23.9%
2003 3.0% +57.0%
2004 6.2% +108.5%
2005 6.7% +8.3%
2006 6.5% -3.0%
2007 10.1% +54.6%
2008 15.5% +53.1%
2009 3.5% -77.5%
2010 -1.0% -130.0%
2011 4.4% -518.5%
2012 2.2% -49.0%
2013 -0.1% -102.8%
2014 0.6% -1120.6%
2015 0.2% -74.7%
2016 0.2% -0.2%
2017 2.9% +1697.1%
2018 2.5% -14.1%
2019 2.8% +10.3%
2020 0.2% -91.7%
2021 3.3% +1321.7%
2022 17.3% +425.5%
2023 9.0% -48.2%
2024 1.3% -86.0%
2025 3.7% +198.4%
2026 2.4% -36.5%

Latvia compared with similar countries

  • Latvia's 2.4% is above the median for high income countries, which is 2.1%, 1.1× the median. (56 countries reporting)
  • Latvia's 2.4% is below the median for Europe & Central Asia, which is 2.4%, 97% of the median. (44 countries reporting)

Biggest year-on-year movements

Years where CPI Price, % y-o-y, nominal, seas. adj. 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.

YearChange FromTo
2017 +1697.1% 0.2% 2.9%
2021 +1321.7% 0.2% 3.3%
1992 +1124.0% 77.1% 943.5%
2014 +1120.6% -0.1% 0.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 135.7% 2.3% 943.5% 9
2000s 5.8% 1.9% 15.5% 10
2010s 1.5% -1.0% 4.4% 10
2020s 5.3% 0.2% 17.3% 7

Countries ranked near Latvia

  1. 80 Spain 2.4% compare
  2. 81 Belgium 2.4% compare
  3. 82 United Kingdom 2.4% compare
  4. 84 Portugal 2.3% compare
  5. 85 Netherlands 2.3% compare
  6. 86 Austria 2.3% compare

See the full ranking of 156 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is cpi price, % y-o-y, nominal, seas. adj. in Latvia?
Cpi price, % y-o-y, nominal, seas. adj. in Latvia was 2.4% in 2026, according to World Bank staff calculations based on Datastream data.
What is the highest cpi price, % y-o-y, nominal, seas. adj. recorded in Latvia?
The highest recorded value was 943.5% in 1992.
What is the lowest cpi price, % y-o-y, nominal, seas. adj. recorded in Latvia?
The lowest recorded value was -1.0% in 2010.
How does Latvia rank for cpi price, % y-o-y, nominal, seas. adj.?
Latvia ranks 83rd out of 156 countries with data for 2026.
Is cpi price, % y-o-y, nominal, seas. adj. rising or falling in Latvia?
Over the last ten years it is up 1,349.3%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from World Bank staff calculations based on Datastream data, published as part of CPI Price, % y-o-y, nominal, seas. adj.. Statizoid updates them automatically from the source API.

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CPI Price, % y-o-y, nominal, seas. adj. in Latvia. Statizoid, drawing on World Bank staff calculations based on Datastream data. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/cpi-price-percent-y-o-y-nominal-seas-adj/latvia/

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About this data

Indicator
CPI Price, % y-o-y, nominal, seas. adj.
Source
World Bank staff calculations based on Datastream data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
156 places, 5,423 data points, 1987–2026
Last refreshed

The consumer price index reflects the change in prices for the average consumer of a constant basket of consumer goods. Data is in nominal percentage terms, measured on a year-on-year basis, and seasonally adjusted.