HICP - HOUSING, WATER, ELECTRICITY, GAS AND OTHER FUELS in Latvia
Latvia: HICP - HOUSING, WATER, ELECTRICITY, GAS AND OTHER FUELS was 3.3 in 2025. ◆ Volatile
HICP - HOUSING, WATER, ELECTRICITY, GAS AND OTHER FUELS in Latvia, 1997–2025
Source: European Central Bank.
Analysis
In 2025, hicp - housing, water, electricity, gas and other fuels in Latvia stood at 3.3.
The figure is up 147.1% on the previous year and down 5.7% over ten years.
Over the whole period, hicp - housing, water, electricity, gas and other fuels in Latvia peaked at 35 in 2022 and was at its lowest, -7, in 2024.
That places Latvia 15th out of 31 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.
HICP - HOUSING, WATER, ELECTRICITY, GAS AND OTHER FUELS in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 15.2 | — |
| 1998 | 8.4 | -44.7% |
| 1999 | 2.4 | -71.4% |
| 2000 | 4.4 | +83.3% |
| 2001 | 2.7 | -38.6% |
| 2002 | 1.2 | -55.6% |
| 2003 | 4.6 | +283.3% |
| 2004 | 8.1 | +76.1% |
| 2005 | 5.8 | -28.4% |
| 2006 | 13.7 | +136.2% |
| 2007 | 16.4 | +19.7% |
| 2008 | 29.3 | +78.7% |
| 2009 | 8.3 | -71.7% |
| 2010 | -2.3 | -127.7% |
| 2011 | 7.5 | -426.1% |
| 2012 | 6.8 | -9.3% |
| 2013 | -0.1 | -101.5% |
| 2014 | 1 | -1100.0% |
| 2015 | 3.5 | +250.0% |
| 2016 | -2.9 | -182.9% |
| 2017 | 2 | -169.0% |
| 2018 | 4 | +100.0% |
| 2019 | 4.6 | +15.0% |
| 2020 | -2.4 | -152.2% |
| 2021 | 4.5 | -287.5% |
| 2022 | 35 | +677.8% |
| 2023 | 11.9 | -66.0% |
| 2024 | -7 | -158.8% |
| 2025 | 3.3 | -147.1% |
Latvia compared with similar countries
- Latvia's 3.3 is above the median for Europe & Central Asia, which is 3.3, 1.0× the median. (29 countries reporting)
- Latvia's 3.3 is above the median for high income countries, which is 2.7, 1.2× the median. (27 countries reporting)
Biggest year-on-year movements
Years where HICP - HOUSING, WATER, ELECTRICITY, GAS AND OTHER FUELS in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +1100.0% | -0.1 | 1 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.67 | 2.4 | 15.2 | 3 |
| 2000s | 9.45 | 1.2 | 29.3 | 10 |
| 2010s | 2.41 | -2.9 | 7.5 | 10 |
| 2020s | 7.55 | -7 | 35 | 6 |
Countries ranked near Latvia
More social development data for Latvia
- Refugees under the mandate of the UNHCR by country or territory of 32,454 (2025)
- Refugees under the mandate of the UNHCR by country or territory of 189 (2025)
- Political Rights Rating 1 (2025)
- Electoral democracy 1 (2025)
- Political rights rating fh, annual growth rate 0 % change on previous year (2025)
- Political rights rating fh, gaps filled 1 (2025)
- Refugees under the mandate of the UNHCR by country or territory of 0.0001 units per person (2025)
- Refugees under the mandate of the UNHCR by country or territory of 189 (2025)
- Refugees under the mandate of the UNHCR by country or territory of 0.0176 units per person (2025)
- Refugees under the mandate of the UNHCR by country or territory of 0 units per US$ of GDP (2025)
Frequently asked questions
- What is hicp - housing, water, electricity, gas and other fuels in Latvia?
- Hicp - housing, water, electricity, gas and other fuels in Latvia was 3.3 in 2025, according to European Central Bank.
- What is the highest hicp - housing, water, electricity, gas and other fuels recorded in Latvia?
- The highest recorded value was 35 in 2022.
- What is the lowest hicp - housing, water, electricity, gas and other fuels recorded in Latvia?
- The lowest recorded value was -7 in 2024.
- How does Latvia rank for hicp - housing, water, electricity, gas and other fuels?
- Latvia ranks 15th out of 31 countries with data for 2025.
- Is hicp - housing, water, electricity, gas and other fuels rising or falling in Latvia?
- Over the last ten years it is down 5.7%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from European Central Bank, published as part of HICP - HOUSING, WATER, ELECTRICITY, GAS AND OTHER FUELS (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
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