Annual Inflation Rate of Latvia

Updated on March 18, 2026.

According to data from the World Bank, the annual inflation rate of Latvia as measured by the consumer prices index was 1.27% in 2025. A difference of -7.67 (85.79% decrease) compared to 2024.

The World Bank defines inflation measured by the consumer price index as "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 chart and table below shows the inflation rate of Latvia for recent years.

You can see similar information for other countries.

Related Topics: World Bank Topic List
Data Source: World Bank.
Annual Inflation Rate of Latvia (%)
Table of Annual Inflation Rate of Latvia
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Year Inflation Rate (%)
1993 951.7
1994 108.99
1995 35.92
1996 24.98
1997 17.61
1998 8.45
1999 4.64
2000 2.37
2001 2.65
2002 2.49
2003 1.94
2004 2.94
2005 6.19
2006 6.75
2007 6.54
2008 10.09
2009 15.4
2010 3.53
2011 -1.08
2012 4.37
2013 2.26
2014 -0.03
2015 0.62
2016 0.17
2017 0.14
2018 2.93
2019 2.53
2020 2.81
2021 0.22
2022 3.28
2023 17.31
2024 8.94
2025 1.27