Latvia vs Russia

Latvia vs Russia: Inflation

Inflation in 2025: 3.8% a year in Latvia and 8.7% a year in Russia, by IMF estimates. In 2025 the value was higher in Russia, by 4.9 percentage points, or 2.28 times that in Latvia.

Watch it change on the map

% a year · IMF

Latvia vs Russia: InflationInflation in 2025: 3.8% a year in Latvia and 8.7% a year in Russia, by IMF estimates. In 2025 the value was higher in Russia, by 4.9 percentage points, or 2.28 times that in Latvia.
LatviaRussiaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Russia has been higher since 2024, when it overtook Latvia.
  • In 2025, Latvia ranked 63 and Russia ranked 22 of 179 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Latvia at 2.2% a year and Russia at 4% a year in 2031.

Every year

% a year · IMF

YearLatviaRussia
20253.88.7
20241.38.4
20239.15.9
202217.213.8
20213.26.7
20200.13.4
20192.74.5
20182.62.9
20172.93.7
20160.17
20150.215.5
20140.77.8
201306.8
20122.35.1
20114.28.4
2010-1.26.8
20093.311.7
200815.314.1
200710.19
20066.69.7
20056.912.7
20046.210.9
20032.913.7
2002215.8
20012.521.5
20002.620.8
19992.185.8
19984.327.7
19978.114.8
199617.647.8
199525197.3
199435.9307.5
1993109.2874.3
1992–1,569
1991–135.6
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearLatviaRussia
20263.66.1
20273.94.8
20283.34
20292.64
20302.34
20312.24

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

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