Financial market — Real effective exchange rates - CPI based in Latvia

Latvia: Financial market — Real effective exchange rates - CPI based was 110.43 Index in 2025. ▲ Rising

Latest (2025)
110.43 Index
Change on year
up 1.0%
Rank
4th
of 7 groups
All-time high
110.43 Index
in 2025
All-time low
74.11 Index
in 1997
Years of data
29
1997–2025

Financial market — Real effective exchange rates - CPI based in Latvia, 1997–2025

02550751001997201120251997: 74.1 Index1998: 80.2 Index1999: 94.1 Index2000: 98.6 Index2001: 94.5 Index2002: 90.9 Index2003: 86 Index2004: 86.1 Index2005: 83.6 Index2006: 85.6 Index2007: 90.5 Index2008: 98.4 Index2009: 105 Index2010: 95.8 Index2011: 96.1 Index2012: 94.8 Index2013: 93.5 Index2014: 97.1 Index2015: 100 Index2016: 101.9 Index2017: 98.9 Index2018: 102.6 Index2019: 102.4 Index2020: 104.7 Index2021: 105.3 Index2022: 106.3 Index2023: 110.4 Index2024: 109.3 Index2025: 110.4 Index

Source: Organisation for Economic Co-operation and Development. Measured in Index.

Analysis

The most recent figure for financial market — real effective exchange rates - cpi based in Latvia is 110.43 Index, measured in 2025. That is the highest value across all 29 years on record.

Compared with earlier readings it is up 1.0% on the previous year and up 10.4% over ten years.

Over the whole period, financial market — real effective exchange rates - cpi based in Latvia peaked at 110.43 Index in 2025 and was at its lowest, 74.11 Index, in 1997.

The long-run direction has been consistently rising across the 29 years of available data.

Financial market — Real effective exchange rates - CPI based in Latvia, year by year

Annual values for Financial market — Real effective exchange rates - CPI based in Latvia, 1997 to 2025.
Year Index Change
1997 74.11 Index
1998 80.2 Index +8.2%
1999 94.06 Index +17.3%
2000 98.58 Index +4.8%
2001 94.46 Index -4.2%
2002 90.86 Index -3.8%
2003 86 Index -5.3%
2004 86.07 Index +0.1%
2005 83.56 Index -2.9%
2006 85.61 Index +2.5%
2007 90.49 Index +5.7%
2008 98.42 Index +8.8%
2009 105.05 Index +6.7%
2010 95.78 Index -8.8%
2011 96.07 Index +0.3%
2012 94.76 Index -1.4%
2013 93.47 Index -1.4%
2014 97.13 Index +3.9%
2015 100 Index +3.0%
2016 101.89 Index +1.9%
2017 98.87 Index -3.0%
2018 102.56 Index +3.7%
2019 102.44 Index -0.1%
2020 104.65 Index +2.2%
2021 105.35 Index +0.7%
2022 106.29 Index +0.9%
2023 110.36 Index +3.8%
2024 109.35 Index -0.9%
2025 110.43 Index +1.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 82.79 Index 74.11 Index 94.06 Index 3
2000s 91.91 Index 83.56 Index 105.05 Index 10
2010s 98.3 Index 93.47 Index 102.56 Index 10
2020s 107.74 Index 104.65 Index 110.43 Index 6

Countries ranked near Latvia

  1. 1 Czechia 137.82 Index compare
  2. 2 Iceland 127.65 Index compare
  3. 3 Russian Federation 120.28 Index compare
  4. 4 United States of America 117.81 Index compare
  5. 5 Israel 111.04 Index compare
  6. 6 Belgium 109.04 Index compare
  7. 7 Austria 108.54 Index compare

See the full ranking of 44 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is financial market — real effective exchange rates - cpi based in Latvia?
Financial market — real effective exchange rates - cpi based in Latvia was 110.43 Index in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest financial market — real effective exchange rates - cpi based recorded in Latvia?
The highest recorded value was 110.43 Index in 2025.
What is the lowest financial market — real effective exchange rates - cpi based recorded in Latvia?
The lowest recorded value was 74.11 Index in 1997.
How does Latvia rank for financial market — real effective exchange rates - cpi based?
Latvia ranks 4th out of 7 groups with data for 2025.
Is financial market — real effective exchange rates - cpi based rising or falling in Latvia?
Over the last ten years it is up 10.4%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Financial market — Real effective exchange rates - CPI based. Statizoid updates them automatically from the source API.

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Financial market — Real effective exchange rates - CPI based in Latvia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 26 August 2026, from https://reference.statizoid.com/stat/financial-market-real-effective-exchange-rates-cpi-based/latvia-2/

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About this data

Indicator
Financial market — Real effective exchange rates - CPI based
Unit
Index
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
44 places, 2,123 data points, 1970–2025
Last refreshed

Financial Indicators aim to capture in quantitative terms an important but heterogeneous and fast evolving area. Key factors driving this change are: globalisation of the financial markets; maturing of national financial markets and therefore the structure of these markets required to service their needs; increased sophistication of the actors in these markets; rapid technological change; and evolving regulatory frameworks. Financial institutions react and adapt to these conditions by changing their strategies; by specialising, by diversifying or concentrating their activities, and by extending through mergers and acquisitions. As a consequence, there is almost constant evolution in the institutional structures in which financial markets operate.OECD statistics contactStatistics and Data Directorate