HICP - monthly data (12-month average rate of change) in Latvia
Latvia: HICP - monthly data (12-month average rate of change) was 3.8 Moving 12 months average rate of change in 2025. ◆ Volatile
Latest (2025)
3.8 Moving 12 months average rate of change
Change on year
up 192.3%
World rank
14th
of 50 countries
All-time high
17.2 Moving 12 months average rate of change
in 2022
All-time low
-1.2 Moving 12 months average rate of change
in 2010
Years of data
29
1997–2025
HICP - monthly data (12-month average rate of change) in Latvia, 1997–2025
Source: Eurostat. Measured in Moving 12 months average rate of change.
Analysis
Latvia recorded 3.8 Moving 12 months average rate of change for hicp - monthly data (12-month average rate of change) in 2025.
That represents a change of up 192.3% on the previous year and up 1,800.0% over ten years.
Over the whole period, hicp - monthly data (12-month average rate of change) in Latvia peaked at 17.2 Moving 12 months average rate of change in 2022 and was at its lowest, -1.2 Moving 12 months average rate of change, in 2010.
Latvia ranks 14th of 50 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
HICP - monthly data (12-month average rate of change) in Latvia, year by year
| Year | Moving 12 months average rate of change | Change |
|---|---|---|
| 1997 | 8.1 Moving 12 months average rate of change | — |
| 1998 | 4.3 Moving 12 months average rate of change | -46.9% |
| 1999 | 2.1 Moving 12 months average rate of change | -51.2% |
| 2000 | 2.6 Moving 12 months average rate of change | +23.8% |
| 2001 | 2.5 Moving 12 months average rate of change | -3.8% |
| 2002 | 2 Moving 12 months average rate of change | -20.0% |
| 2003 | 2.9 Moving 12 months average rate of change | +45.0% |
| 2004 | 6.2 Moving 12 months average rate of change | +113.8% |
| 2005 | 6.9 Moving 12 months average rate of change | +11.3% |
| 2006 | 6.6 Moving 12 months average rate of change | -4.3% |
| 2007 | 10.1 Moving 12 months average rate of change | +53.0% |
| 2008 | 15.3 Moving 12 months average rate of change | +51.5% |
| 2009 | 3.3 Moving 12 months average rate of change | -78.4% |
| 2010 | -1.2 Moving 12 months average rate of change | -136.4% |
| 2011 | 4.2 Moving 12 months average rate of change | -450.0% |
| 2012 | 2.3 Moving 12 months average rate of change | -45.2% |
| 2013 | 0 Moving 12 months average rate of change | -100.0% |
| 2014 | 0.7 Moving 12 months average rate of change | — |
| 2015 | 0.2 Moving 12 months average rate of change | -71.4% |
| 2016 | 0.1 Moving 12 months average rate of change | -50.0% |
| 2017 | 2.9 Moving 12 months average rate of change | +2800.0% |
| 2018 | 2.6 Moving 12 months average rate of change | -10.3% |
| 2019 | 2.7 Moving 12 months average rate of change | +3.8% |
| 2020 | 0.1 Moving 12 months average rate of change | -96.3% |
| 2021 | 3.2 Moving 12 months average rate of change | +3100.0% |
| 2022 | 17.2 Moving 12 months average rate of change | +437.5% |
| 2023 | 9.1 Moving 12 months average rate of change | -47.1% |
| 2024 | 1.3 Moving 12 months average rate of change | -85.7% |
| 2025 | 3.8 Moving 12 months average rate of change | +192.3% |
Biggest year-on-year movements
Years where HICP - monthly data (12-month average rate of change) 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.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +3100.0% | 0.1 Moving 12 months average rate of change | 3.2 Moving 12 months average rate of change |
| 2017 | +2800.0% | 0.1 Moving 12 months average rate of change | 2.9 Moving 12 months average rate of change |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.83 Moving 12 months average rate of change | 2.1 Moving 12 months average rate of change | 8.1 Moving 12 months average rate of change | 3 |
| 2000s | 5.84 Moving 12 months average rate of change | 2 Moving 12 months average rate of change | 15.3 Moving 12 months average rate of change | 10 |
| 2010s | 1.45 Moving 12 months average rate of change | -1.2 Moving 12 months average rate of change | 4.2 Moving 12 months average rate of change | 10 |
| 2020s | 5.78 Moving 12 months average rate of change | 0.1 Moving 12 months average rate of change | 17.2 Moving 12 months average rate of change | 6 |
Countries ranked near Latvia
- 11 Montenegro 4.1 Moving 12 months average rate of change compare
- 11 Serbia 4.1 Moving 12 months average rate of change compare
- 13 Kosovo* 3.9 Moving 12 months average rate of change compare
- 14 Latvia 3.8 Moving 12 months average rate of change compare
- 16 Iceland 3.7 Moving 12 months average rate of change compare
- 17 Austria 3.6 Moving 12 months average rate of change compare
More reference data data for Latvia
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- Exposure to extreme precipitation — Annual precipitation change 65.46 Millimetres per year (2023)
- Exposure to extreme temperature — Annual temperature change 1.43 Degrees celsius (2023)
- Cooling and heating degree days by NUTS 2 regions - monthly data 505.67 Number (2025)
- Cooling and heating degree days by NUTS 2 regions - annual data 3,617 Number (2025)
- IPAC Dashboard indicators — Geothermal 0 Index (2025)
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- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 4.99 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 41.31 Percentage of GDP (2022)
Frequently asked questions
- What is hicp - monthly data (12-month average rate of change) in Latvia?
- Hicp - monthly data (12-month average rate of change) in Latvia was 3.8 Moving 12 months average rate of change in 2025, according to Eurostat.
- What is the highest hicp - monthly data (12-month average rate of change) recorded in Latvia?
- The highest recorded value was 17.2 Moving 12 months average rate of change in 2022.
- What is the lowest hicp - monthly data (12-month average rate of change) recorded in Latvia?
- The lowest recorded value was -1.2 Moving 12 months average rate of change in 2010.
- How does Latvia rank for hicp - monthly data (12-month average rate of change)?
- Latvia ranks 14th out of 50 countries with data for 2025.
- Is hicp - monthly data (12-month average rate of change) rising or falling in Latvia?
- Over the last ten years it is up 1,800.0%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of HICP - monthly data (12-month average rate of change) (1997-2025). Statizoid updates them automatically from the source API.
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