Latvia Inflation Rate 1960-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Latvia inflation rate for 2022 was 17.31%, a 14.03% increase from 2021.
- Latvia inflation rate for 2021 was 3.28%, a 3.06% increase from 2020.
- Latvia inflation rate for 2020 was 0.22%, a 2.59% decline from 2019.
- Latvia inflation rate for 2019 was 2.81%, a 0.28% increase from 2018.
| Latvia Inflation Rate - Historical Data | ||
|---|---|---|
| Year | Inflation Rate (%) | Annual Change |
| 2022 | 17.31% | 14.03% |
| 2021 | 3.28% | 3.06% |
| 2020 | 0.22% | -2.59% |
| 2019 | 2.81% | 0.28% |
| 2018 | 2.53% | -0.40% |
| 2017 | 2.93% | 2.79% |
| 2016 | 0.14% | -0.03% |
| 2015 | 0.17% | -0.45% |
| 2014 | 0.62% | 0.65% |
| 2013 | -0.03% | -2.29% |
| 2012 | 2.26% | -2.11% |
| 2011 | 4.37% | 5.46% |
| 2010 | -1.08% | -4.62% |
| 2009 | 3.53% | -11.87% |
| 2008 | 15.40% | 5.31% |
| 2007 | 10.09% | 3.56% |
| 2006 | 6.54% | -0.21% |
| 2005 | 6.75% | 0.56% |
| 2004 | 6.19% | 3.25% |
| 2003 | 2.94% | 1.00% |
| 2002 | 1.94% | -0.55% |
| 2001 | 2.49% | -0.17% |
| 2000 | 2.65% | 0.29% |
| 1999 | 2.36% | -2.28% |
| 1998 | 4.64% | -3.80% |
| 1997 | 8.45% | -9.16% |
| 1996 | 17.61% | -7.37% |
| 1995 | 24.98% | -10.95% |
| 1994 | 35.92% | -73.06% |
| 1993 | 108.99% | -842.71% |
| 1992 | 951.70% | 951.70% |
| 1991 | 0.00% | 0.00% |
| 1990 | 0.00% | 0.00% |
| 1989 | 0.00% | 0.00% |
| 1988 | 0.00% | 0.00% |
| 1987 | 0.00% | 0.00% |
| 1986 | 0.00% | 0.00% |
| 1985 | 0.00% | 0.00% |
| 1984 | 0.00% | 0.00% |
| 1983 | 0.00% | 0.00% |
| 1982 | 0.00% | 0.00% |
| 1981 | 0.00% | 0.00% |
| 1980 | 0.00% | 0.00% |
| 1979 | 0.00% | 0.00% |
| 1978 | 0.00% | 0.00% |
| 1977 | 0.00% | 0.00% |
| 1976 | 0.00% | 0.00% |
| 1975 | 0.00% | 0.00% |
| 1974 | 0.00% | 0.00% |
| 1973 | 0.00% | 0.00% |
| 1972 | 0.00% | 0.00% |
| 1971 | 0.00% | 0.00% |
| 1970 | 0.00% | 0.00% |
| 1969 | 0.00% | 0.00% |
| 1968 | 0.00% | 0.00% |
| 1967 | 0.00% | 0.00% |
| 1966 | 0.00% | 0.00% |
| 1965 | 0.00% | 0.00% |
| 1964 | 0.00% | 0.00% |
| 1963 | 0.00% | 0.00% |
| 1962 | 0.00% | 0.00% |
| 1961 | 0.00% | 0.00% |
| 1960 | 0.00% | 0.00% |