Indicator of food price anomalies in Latvia

Latvia: Indicator of food price anomalies was 0.26 index in 2024. ◆ Volatile

Latest (2024)
0.26 index
Change on year
down 73.2%
World rank
50th
of 201 countries
All-time high
1.62 index
in 2022
All-time low
-1.02 index
in 2018
Years of data
15
2010–2024

Indicator of food price anomalies in Latvia, 2010–2024

-10122010201720242010: 0.53 index2011: 0.71 index2012: -0.24 index2013: 0 index2014: -0.63 index2015: -0.58 index2016: 0.27 index2017: 0.78 index2018: -1 index2019: -0.05 index2020: 0.66 index2021: -0.62 index2022: 1.6 index2023: 0.97 index2024: 0.26 index

Source: Food and Agriculture Organization of the United Nations – processed by Our World in Data. Measured in index.

Analysis

Latvia recorded 0.26 index for indicator of food price anomalies in 2024.

That represents a change of down 73.2% on the previous year and up 141.3% over ten years.

Over the whole period, indicator of food price anomalies in Latvia peaked at 1.62 index in 2022 and was at its lowest, -1.02 index, in 2018.

Latvia ranks 50th of 201 countries on this measure, in the top quarter.

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

Indicator of food price anomalies in Latvia, year by year

Annual values for Indicator of food price anomalies in Latvia, 2010 to 2024.
Year index Change
2010 0.53 index
2011 0.71 index +34.0%
2012 -0.24 index -133.8%
2013 0 index -100.0%
2014 -0.63 index
2015 -0.58 index -7.9%
2016 0.27 index -146.6%
2017 0.78 index +188.9%
2018 -1.02 index -230.8%
2019 -0.05 index -95.1%
2020 0.66 index -1420.0%
2021 -0.62 index -193.9%
2022 1.62 index -361.3%
2023 0.97 index -40.1%
2024 0.26 index -73.2%

Latvia compared with similar countries

  • Latvia's 0.26 index is above the median for high income countries, which is -0.295 index. (70 countries reporting)
  • Latvia's 0.26 index is above the median for Europe & Central Asia, which is -0.48 index. (50 countries reporting)

Biggest year-on-year movements

Years where Indicator of food price anomalies 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
2020 +1420.0% -0.05 index 0.66 index

Averages by decade

DecadeAverage LowestHighest Years
2010s -0.023 index -1.02 index 0.78 index 10
2020s 0.578 index -0.62 index 1.62 index 5

Countries ranked near Latvia

  1. 47 Philippines 0.3 index compare
  2. 48 Belize 0.29 index compare
  3. 49 British Virgin Islands 0.28 index compare
  4. 50 Lesotho 0.26 index compare
  5. 52 Jordan 0.25 index compare
  6. 53 Australia 0.24 index compare

See the full ranking of 201 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is indicator of food price anomalies in Latvia?
Indicator of food price anomalies in Latvia was 0.26 index in 2024, according to Food and Agriculture Organization of the United Nations – processed by Our World in Data.
What is the highest indicator of food price anomalies recorded in Latvia?
The highest recorded value was 1.62 index in 2022.
What is the lowest indicator of food price anomalies recorded in Latvia?
The lowest recorded value was -1.02 index in 2018.
How does Latvia rank for indicator of food price anomalies?
Latvia ranks 50th out of 201 countries with data for 2024.
Is indicator of food price anomalies rising or falling in Latvia?
Over the last ten years it is up 141.3%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Food and Agriculture Organization of the United Nations – processed by Our World in Data, published as part of Indicator of food price anomalies. Statizoid updates them automatically from the source API.

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Indicator of food price anomalies in Latvia. Statizoid, drawing on Food and Agriculture Organization of the United Nations – processed by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/food-price-anomalies/latvia/

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About this data

Indicator
Indicator of food price anomalies
Unit
index
Source
Food and Agriculture Organization of the United Nations – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
201 places, 3,005 data points, 2010–2024
Last refreshed

Indicator of Food Price Anomalies (IFPA), by Consumer Food Price Index.