GDP deflator — all countries

GDP deflator — Latvia

GDP deflator in Latvia in 2025 — 3.62%. Ranked 106 in the world out of 186. Since 1991, the indicator has fallen by 158.96 pp.

2025 3.62% +0.84 pp vs 2024
World rank 106of 186
Period maximum 932.49%1992
Period minimum -5.73%2009

Trend over time

1991–2025 · % per year

GDP deflator — Latvia, 1991–2025-25002505007501,00019911995199920032007201120152019202320251991: 162.58%1992: 932.49%1993: 53.69%1994: 36.25%1995: 29.32%1996: 12.96%1997: 5.79%1998: 4.67%1999: 1.33%2000: 3.77%2001: 2.62%2002: 3.26%2003: 3.65%2004: 6.92%2005: 10.45%2006: 10.23%2007: 19.55%2008: 12.37%2009: -5.73%2010: -0.48%2011: 4.71%2012: 2.88%2013: 1.9%2014: 1.67%2015: 0.39%2016: 0.61%2017: 2.71%2018: 3.74%2019: 4.32%2020: 2.39%2021: 3.3%2022: 9.69%2023: 10.67%2024: 2.79%2025: 3.62%
Change over the period: −158.96 pp Annual average: -4.68 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Latvia

Latvia 3.62%
World 3.33%
Northern Europe computed 2.78%
High-income countries computed 2.67%
GDP deflator — Latvia, by year Latvia All countries CSV XLSX
Year % Change, pp
2025 3.62 +0.84 pp
2024 2.79 −7.88 pp
2023 10.67 +0.98 pp
2022 9.69 +6.4 pp
2021 3.3 +0.9 pp
2020 2.39 −1.92 pp
2019 4.32 +0.58 pp
2018 3.74 +1.03 pp
2017 2.71 +2.1 pp
2016 0.61 +0.22 pp
2015 0.39 −1.28 pp
2014 1.67 −0.23 pp
2013 1.9 −0.98 pp
2012 2.88 −1.83 pp
2011 4.71 +5.19 pp
2010 -0.48 +5.25 pp
2009 -5.73 −18.11 pp
2008 12.37 −7.18 pp
2007 19.55 +9.32 pp
2006 10.23 −0.22 pp
2005 10.45 +3.52 pp
2004 6.92 +3.28 pp
2003 3.65 +0.39 pp
2002 3.26 +0.64 pp
2001 2.62 −1.15 pp
2000 3.77 +2.45 pp
1999 1.33 −3.34 pp
1998 4.67 −1.12 pp
1997 5.79 −7.17 pp
1996 12.96 −16.36 pp
1995 29.32 −6.93 pp
1994 36.25 −17.44 pp
1993 53.69 −878.8 pp
1992 932.49 +769.91 pp
1991 162.58

About the indicator

The annual change in the GDP deflator — the ratio of GDP in current prices to GDP in constant prices. Unlike the consumer price index it covers the prices of all final goods and services, including investment and export goods, but not imported ones. For commodity exporters the GDP deflator can diverge sharply from consumer inflation, following world prices.

Source: World Development Indicators (World Bank), license CC BY 4.0.