End-of-period inflation — all countries

End-of-period inflation — Latvia

End-of-period inflation in Latvia in 2031 — 2.2%. Ranked 74 in the world out of 188. Since 1993, the indicator has fallen by 32.6 pp.

2031 2.2% +0 pp vs 2030
World rank 74of 188
Period maximum 34.8%1993
Period minimum -1.4%2009

Trend over time

1993–2031 · % per year

End-of-period inflation — Latvia, 1993–2031-10010203040199319972001200520092013201720212025202920311993: 34.8%1994: 26.4%1995: 23.1%1996: 13.1%1997: 6.4%1998: 2.7%1999: 3%2000: 1.8%2001: 3.2%2002: 1.5%2003: 3.6%2004: 7.4%2005: 7.1%2006: 6.7%2007: 14%2008: 10.4%2009: -1.4%2010: 2.4%2011: 3.9%2012: 1.6%2013: -0.4%2014: 0.3%2015: 0.4%2016: 2.1%2017: 2.2%2018: 2.5%2019: 2.1%2020: -0.5%2021: 7.9%2022: 20.7%2023: 0.8%2024: 3.4%2025: 3.4%2026: 3%2027: 2.2%2028: 2.9%2029: 2.2%2030: 2.2%2031: 2.2%
Change over the period: −32.6 pp Annual average: -0.86 pp
End-of-period inflation — Latvia, by year Latvia All countries CSV XLSX
Year % Change, pp
2031 2.2 +0 pp
2030 2.2 +0 pp
2029 2.2 −0.7 pp
2028 2.9 +0.7 pp
2027 2.2 −0.8 pp
2026 3 −0.4 pp
2025 3.4 +0 pp
2024 3.4 +2.6 pp
2023 0.8 −19.9 pp
2022 20.7 +12.8 pp
2021 7.9 +8.4 pp
2020 -0.5 −2.6 pp
2019 2.1 −0.4 pp
2018 2.5 +0.3 pp
2017 2.2 +0.1 pp
2016 2.1 +1.7 pp
2015 0.4 +0.1 pp
2014 0.3 +0.7 pp
2013 -0.4 −2 pp
2012 1.6 −2.3 pp
2011 3.9 +1.5 pp
2010 2.4 +3.8 pp
2009 -1.4 −11.8 pp
2008 10.4 −3.6 pp
2007 14 +7.3 pp
2006 6.7 −0.4 pp
2005 7.1 −0.3 pp
2004 7.4 +3.8 pp
2003 3.6 +2.1 pp
2002 1.5 −1.7 pp
2001 3.2 +1.4 pp
2000 1.8 −1.2 pp
1999 3 +0.3 pp
1998 2.7 −3.7 pp
1997 6.4 −6.7 pp
1996 13.1 −10 pp
1995 23.1 −3.3 pp
1994 26.4 −8.4 pp
1993 34.8

Northern Europe, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

The rise in consumer prices over a year measured from December to December. It differs from average annual inflation in the way it is computed: the average compares the mean price levels of two years and therefore lags, while December on December catches the current state. When inflation accelerates this indicator runs above the average one, when it slows it runs below, and at the height of a price surge the divergence reaches tens of percentage points.

Important: This is the quantity usually meant by inflation over the year. The IMF series runs with a forecast several years ahead.

Source: World Economic Outlook (IMF), license IMF open data.