HICP - monthly data (12-month average rate of change) in Latvia

Latvia: HICP - monthly data (12-month average rate of change) was 3.8 in 2025. ◆ Volatile

Latest (2025)
3.8
Change on year
up 192.3%
World rank
10th
of 39 countries
All-time high
17.2
in 2022
All-time low
-1.2
in 2010
Years of data
29
1997–2025

HICP - monthly data (12-month average rate of change) in Latvia, 1997–2025

0510151997201120251997: 8.11998: 4.31999: 2.12000: 2.62001: 2.52002: 22003: 2.92004: 6.22005: 6.92006: 6.62007: 10.12008: 15.32009: 3.32010: -1.22011: 4.22012: 2.32013: 02014: 0.72015: 0.22016: 0.12017: 2.92018: 2.62019: 2.72020: 0.12021: 3.22022: 17.22023: 9.12024: 1.32025: 3.8

Source: Eurostat.

Analysis

Latvia recorded 3.8 for hicp - monthly data (12-month average rate of change) in 2025.

Compared with earlier readings it is 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 in 2022 and was at its lowest, -1.2, in 2010.

That places Latvia 10th out of 39 countries with data for 2025, putting it in the top quarter.

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

Annual values for HICP - monthly data (12-month average rate of change) (1997-2025) in Latvia, 1997 to 2025.
Year Value Change
1997 8.1
1998 4.3 -46.9%
1999 2.1 -51.2%
2000 2.6 +23.8%
2001 2.5 -3.8%
2002 2 -20.0%
2003 2.9 +45.0%
2004 6.2 +113.8%
2005 6.9 +11.3%
2006 6.6 -4.3%
2007 10.1 +53.0%
2008 15.3 +51.5%
2009 3.3 -78.4%
2010 -1.2 -136.4%
2011 4.2 -450.0%
2012 2.3 -45.2%
2013 0 -100.0%
2014 0.7
2015 0.2 -71.4%
2016 0.1 -50.0%
2017 2.9 +2800.0%
2018 2.6 -10.3%
2019 2.7 +3.8%
2020 0.1 -96.3%
2021 3.2 +3100.0%
2022 17.2 +437.5%
2023 9.1 -47.1%
2024 1.3 -85.7%
2025 3.8 +192.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.83 2.1 8.1 3
2000s 5.84 2 15.3 10
2010s 1.45 -1.2 4.2 10
2020s 5.78 0.1 17.2 6

Countries ranked near Latvia

  1. 7 Montenegro 4.1 compare
  2. 7 Serbia 4.1 compare
  3. 9 Kosovo* 3.9 compare
  4. 11 Iceland 3.7 compare
  5. 12 Austria 3.6 compare
  6. 13 Bulgaria 3.5 compare

See the full ranking of 45 places →

More reference data data for Latvia

All data for Latvia →

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 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 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 in 2010.
How does Latvia rank for hicp - monthly data (12-month average rate of change)?
Latvia ranks 10th out of 39 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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HICP - monthly data (12-month average rate of change) in Latvia. Statizoid, drawing on Eurostat. Retrieved 23 August 2026, from https://reference.statizoid.com/stat/hicp-monthly-data-12-month-average-rate-of-change-1997-2025/latvia/

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About this data

Indicator
HICP - monthly data (12-month average rate of change) (1997-2025)
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
45 places, 1,186 data points, 1997–2025
Last refreshed