GDP deflator (base year varies by country), annual growth rate in Latvia
Latvia: GDP deflator (base year varies by country), annual growth rate was 2.58 % change on previous year in 2024. ◆ Volatile
GDP deflator (base year varies by country), annual growth rate in Latvia, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Latvia recorded 2.58 % change on previous year for gdp deflator (base year varies by country), annual growth rate in 2024.
Compared with earlier readings it is down 57.3% on the previous year and up 54.3% over ten years.
Over the whole period, gdp deflator (base year varies by country), annual growth rate in Latvia peaked at 932.49 % change on previous year in 1992 and was at its lowest, -5.73 % change on previous year, in 2009.
That places Latvia 153rd out of 211 countries with data for 2024, putting it 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), annual growth rate in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 162.59 % change on previous year | — |
| 1992 | 932.49 % change on previous year | +473.5% |
| 1993 | 53.69 % change on previous year | -94.2% |
| 1994 | 36.25 % change on previous year | -32.5% |
| 1995 | 29.32 % change on previous year | -19.1% |
| 1996 | 12.96 % change on previous year | -55.8% |
| 1997 | 5.79 % change on previous year | -55.3% |
| 1998 | 4.67 % change on previous year | -19.3% |
| 1999 | 1.33 % change on previous year | -71.6% |
| 2000 | 3.77 % change on previous year | +184.8% |
| 2001 | 2.62 % change on previous year | -30.5% |
| 2002 | 3.26 % change on previous year | +24.2% |
| 2003 | 3.65 % change on previous year | +11.9% |
| 2004 | 6.92 % change on previous year | +90.0% |
| 2005 | 10.45 % change on previous year | +50.8% |
| 2006 | 10.23 % change on previous year | -2.1% |
| 2007 | 19.55 % change on previous year | +91.2% |
| 2008 | 12.37 % change on previous year | -36.7% |
| 2009 | -5.73 % change on previous year | -146.3% |
| 2010 | -0.4838 % change on previous year | -91.6% |
| 2011 | 4.71 % change on previous year | -1073.1% |
| 2012 | 2.88 % change on previous year | -38.9% |
| 2013 | 1.9 % change on previous year | -34.0% |
| 2014 | 1.67 % change on previous year | -12.1% |
| 2015 | 0.3869 % change on previous year | -76.8% |
| 2016 | 0.6079 % change on previous year | +57.1% |
| 2017 | 2.71 % change on previous year | +345.7% |
| 2018 | 3.74 % change on previous year | +38.1% |
| 2019 | 4.32 % change on previous year | +15.4% |
| 2020 | 2.39 % change on previous year | -44.6% |
| 2021 | 3.3 % change on previous year | +37.8% |
| 2022 | 9.84 % change on previous year | +198.3% |
| 2023 | 6.04 % change on previous year | -38.6% |
| 2024 | 2.58 % change on previous year | -57.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 137.68 % change on previous year | 1.33 % change on previous year | 932.49 % change on previous year | 9 |
| 2000s | 6.71 % change on previous year | -5.73 % change on previous year | 19.55 % change on previous year | 10 |
| 2010s | 2.24 % change on previous year | -0.4838 % change on previous year | 4.71 % change on previous year | 10 |
| 2020s | 4.83 % change on previous year | 2.39 % change on previous year | 9.84 % change on previous year | 5 |
Countries ranked near Latvia
- 150 Australia 2.63 % change on previous year compare
- 151 Nepal 2.61 % change on previous year compare
- 152 Paraguay 2.59 % change on previous year compare
- 154 Côte d'Ivoire 2.55 % change on previous year compare
- 155 Bermuda 2.52 % change on previous year compare
- 156 Equatorial Guinea 2.5 % change on previous year 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)
- World population growth -1.0% (2100)
- Population density 14.87 people per km² (2100)
- Number of children under 5, by world region 31,860 people (2100)
- Population growth rate, by level of development -1.0% (2100)
- Number of people living in urban and rural areas, annual growth rate -0.7629 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator (base year varies by country), annual growth rate in Latvia?
- Gdp deflator (base year varies by country), annual growth rate in Latvia was 2.58 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Latvia?
- The highest recorded value was 932.49 % change on previous year in 1992.
- What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Latvia?
- The lowest recorded value was -5.73 % change on previous year in 2009.
- How does Latvia rank for gdp deflator (base year varies by country), annual growth rate?
- Latvia ranks 153rd out of 211 countries with data for 2024.
- Is gdp deflator (base year varies by country), annual growth rate rising or falling in Latvia?
- Over the last ten years it is up 54.3%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP deflator UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.