Estonia vs Latvia

Estonia vs Latvia: Inflation

Inflation in 2025: 4.8% a year in Estonia and 3.8% a year in Latvia, by IMF estimates. In 2025 the value was higher in Estonia, by 1 percentage points, or 1.26 times that in Latvia.

Watch it change on the map

% a year · IMF

Estonia vs Latvia: InflationInflation in 2025: 4.8% a year in Estonia and 3.8% a year in Latvia, by IMF estimates. In 2025 the value was higher in Estonia, by 1 percentage points, or 1.26 times that in Latvia.
EstoniaLatviaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Estonia has been higher since 2021, when it overtook Latvia.
  • In 2025, Estonia ranked 39 and Latvia ranked 63 of 179 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Estonia at 2.3% a year and Latvia at 2.2% a year in 2031.

Every year

% a year · IMF

YearEstoniaLatvia
20254.83.8
20243.71.3
20239.19.1
202219.517.2
20214.53.2
2020-0.60.1
20192.32.7
20183.42.6
20173.72.9
20160.80.1
20150.10.2
20140.50.7
20133.20
20124.22.3
20115.14.2
20102.7-1.2
20090.23.3
200810.615.3
20076.710.1
20064.46.6
20054.16.9
200436.2
20031.42.9
20023.62
20015.62.5
20003.92.6
19993.12.1
19988.84.3
19979.38.1
199619.817.6
19952925
199447.735.9
1993–109.2
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearEstoniaLatvia
202633.6
20273.33.9
20282.43.3
20292.32.6
20302.32.3
20312.32.2

Each country on its own

Good to know

  • How much consumer prices rose in a year, on average.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 179 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Estonia vs Latvia

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