Inflation, GDP deflator in Latvia
Latvia: Inflation, GDP deflator was 3.6% in 2025. ◆ Volatile
Inflation, GDP deflator in Latvia, 1991–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
Latvia recorded 3.6% for inflation, gdp deflator in 2025.
The figure is up 30.0% on the previous year and up 836.7% over ten years.
Over the whole period, inflation, gdp deflator in Latvia peaked at 932.5% in 1992 and was at its lowest, -5.7%, in 2009.
That places Latvia 94th out of 213 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 137.7% | 1.3% | 932.5% | 9 |
| 2000s | 6.7% | -5.7% | 19.6% | 10 |
| 2010s | 2.2% | -0.5% | 4.7% | 10 |
| 2020s | 5.4% | 2.4% | 10.7% | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 849.88 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 919.89 million current US$ (2024)
- Taxes less subsidies on products 5.62 billion current LCU (2025)
- Taxes less subsidies on products 6.35 billion current US$ (2025)
- Net primary income (Net income from abroad) -836.82 million current LCU (2024)
- Net primary income (Net income from abroad) -905.76 million current US$ (2024)
- GNI per capita 23,085 current LCU (2025)
- GNI per capita, Atlas method 24,980 current US$ (2025)
- GNI 42.66 billion current LCU (2025)
Frequently asked questions
- What is inflation, gdp deflator in Latvia?
- Inflation, gdp deflator in Latvia was 3.6% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Latvia?
- The highest recorded value was 932.5% in 1992.
- What is the lowest inflation, gdp deflator recorded in Latvia?
- The lowest recorded value was -5.7% in 2009.
- How does Latvia rank for inflation, gdp deflator?
- Latvia ranks 94th out of 213 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Latvia?
- Over the last ten years it is up 836.7%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.