GDP deflator (base year varies by country) (UNESCO Institute) in Latvia
Latvia: GDP deflator (base year varies by country) (UNESCO Institute) was 123.41 base year varies by country in 2024. ◆ Volatile
Latest (2024)
123.41 base year varies by country
Change on year
up 2.6%
World rank
132nd
of 211 countries
All-time high
123.41 base year varies by country
in 2024
All-time low
0.448 base year varies by country
in 1990
Years of data
35
1990–2024
GDP deflator in Latvia, 1990–2024
Source: UNESCO Institute for Statistics. Measured in base year varies by country.
Analysis
The most recent figure for gdp deflator in Latvia is 123.41 base year varies by country, measured in 2024. That is the highest value across all 35 years on record.
The figure is up 2.6% on the previous year and up 41.9% over ten years.
Over the whole period, gdp deflator in Latvia peaked at 123.41 base year varies by country in 2024 and was at its lowest, 0.448 base year varies by country, in 1990.
Latvia ranks 132nd of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP deflator (base year varies by country) (UNESCO Institute) in Latvia, year by year
| Year | base year varies by country | Change |
|---|---|---|
| 1990 | 0.448 base year varies by country | — |
| 1991 | 1.18 base year varies by country | +162.6% |
| 1992 | 12.15 base year varies by country | +932.5% |
| 1993 | 18.67 base year varies by country | +53.7% |
| 1994 | 25.44 base year varies by country | +36.3% |
| 1995 | 32.89 base year varies by country | +29.3% |
| 1996 | 37.16 base year varies by country | +13.0% |
| 1997 | 39.31 base year varies by country | +5.8% |
| 1998 | 41.14 base year varies by country | +4.7% |
| 1999 | 41.69 base year varies by country | +1.3% |
| 2000 | 43.26 base year varies by country | +3.8% |
| 2001 | 44.4 base year varies by country | +2.6% |
| 2002 | 45.85 base year varies by country | +3.3% |
| 2003 | 47.52 base year varies by country | +3.6% |
| 2004 | 50.81 base year varies by country | +6.9% |
| 2005 | 56.11 base year varies by country | +10.4% |
| 2006 | 61.85 base year varies by country | +10.2% |
| 2007 | 73.94 base year varies by country | +19.6% |
| 2008 | 83.1 base year varies by country | +12.4% |
| 2009 | 78.33 base year varies by country | -5.7% |
| 2010 | 77.95 base year varies by country | -0.5% |
| 2011 | 81.62 base year varies by country | +4.7% |
| 2012 | 83.97 base year varies by country | +2.9% |
| 2013 | 85.57 base year varies by country | +1.9% |
| 2014 | 87 base year varies by country | +1.7% |
| 2015 | 87.33 base year varies by country | +0.4% |
| 2016 | 87.87 base year varies by country | +0.6% |
| 2017 | 90.25 base year varies by country | +2.7% |
| 2018 | 93.62 base year varies by country | +3.7% |
| 2019 | 97.66 base year varies by country | +4.3% |
| 2020 | 100 base year varies by country | +2.4% |
| 2021 | 103.3 base year varies by country | +3.3% |
| 2022 | 113.46 base year varies by country | +9.8% |
| 2023 | 120.31 base year varies by country | +6.0% |
| 2024 | 123.41 base year varies by country | +2.6% |
Latvia compared with similar countries
- Latvia's 123.41 base year varies by country is above the median for high income countries, which is 120.08 base year varies by country, 1.0× the median. (82 countries reporting)
- Latvia's 123.41 base year varies by country is below the median for Europe & Central Asia, which is 127.15 base year varies by country, 97% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP deflator (base year varies by country) (UNESCO Institute) 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 |
|---|---|---|---|
| 1992 | +932.5% | 1.18 base year varies by country | 12.15 base year varies by country |
| 1991 | +162.6% | 0.448 base year varies by country | 1.18 base year varies by country |
| 1993 | +53.7% | 12.15 base year varies by country | 18.67 base year varies by country |
| 1994 | +36.3% | 18.67 base year varies by country | 25.44 base year varies by country |
| 1995 | +29.3% | 25.44 base year varies by country | 32.89 base year varies by country |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.01 base year varies by country | 0.448 base year varies by country | 41.69 base year varies by country | 10 |
| 2000s | 58.52 base year varies by country | 43.26 base year varies by country | 83.1 base year varies by country | 10 |
| 2010s | 87.28 base year varies by country | 77.95 base year varies by country | 97.66 base year varies by country | 10 |
| 2020s | 112.09 base year varies by country | 100 base year varies by country | 123.41 base year varies by country | 5 |
Countries ranked near Latvia
- 129 Slovenia 124.08 base year varies by country compare
- 130 Albania 123.78 base year varies by country compare
- 131 Kiribati 123.75 base year varies by country compare
- 133 San Marino 123.3 base year varies by country compare
- 134 El Salvador 123.28 base year varies by country compare
- 135 Netherlands 123.17 base year varies by country compare
More population data for Latvia
- Population regions with projections, annual growth rate -1.02 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -3.55 % change on previous year (2050)
- Population long run with projections, annual growth rate -1.02 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.8064 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.481 % change on previous year (2100)
- Population growth rate -1.03 (2100)
- Population density 14.87 (2100)
- Projected population under age 5 31,860 (2100)
- Population growth rate by level of development -1.03 (2100)
- Urbanization vs gdp, annual growth rate 0.2171 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator in Latvia?
- Gdp deflator in Latvia was 123.41 base year varies by country in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp deflator recorded in Latvia?
- The highest recorded value was 123.41 base year varies by country in 2024.
- What is the lowest gdp deflator recorded in Latvia?
- The lowest recorded value was 0.448 base year varies by country in 1990.
- How does Latvia rank for gdp deflator?
- Latvia ranks 132nd out of 211 countries with data for 2024.
- Is gdp deflator rising or falling in Latvia?
- Over the last ten years it is up 41.9%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP deflator (base year varies by country). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release