Latvia

Inflation in Latvia

Inflation in Latvia: 109.2% a year in 1993 and 3.8% a year in 2025, by IMF estimates.

Latest, 2025
3.8% a year
Since 1993
−105.4 percentage points
Rank, 2025
63 of 179
counting from the highest
Projected, 2031
2.2% a year
IMF projection (World Economic Outlook, October 2026)

% a year · IMF

Inflation in LatviaInflation in Latvia: 109.2% a year in 1993 and 3.8% a year in 2025, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 2.2% a year in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 2.2% a year in 2031.
  • The highest was 109.2% a year in 1993, the lowest -1.2% a year in 2010.

Every year

% a year · IMF

YearLatvia
20253.8
20241.3
20239.1
202217.2
20213.2
20200.1
20192.7
20182.6
20172.9
20160.1
20150.2
20140.7
20130
20122.3
20114.2
2010-1.2
20093.3
200815.3
200710.1
20066.6
20056.9
20046.2
20032.9
20022
20012.5
20002.6
19992.1
19984.3
19978.1
199617.6
199525
199435.9
1993109.2
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearLatvia
20263.6
20273.9
20283.3
20292.6
20302.3
20312.2

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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