GDP deflator: linked series in Latvia
Latvia: GDP deflator: linked series was 133.57 base year varies by country in 2025. ◆ Volatile
GDP deflator: linked series in Latvia, 1990–2025
Source: Staff estimates, World Bank (WB). Measured in base year varies by country.
Analysis
The most recent figure for gdp deflator: linked series in Latvia is 133.57 base year varies by country, measured in 2025. That is the highest value across all 36 years on record.
That represents a change of up 3.6% on the previous year and up 52.9% over ten years.
Over the whole period, gdp deflator: linked series in Latvia peaked at 133.57 base year varies by country in 2025 and was at its lowest, 0.448 base year varies by country, in 1990.
Latvia ranks 111th of 212 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: linked series 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 | 113.31 base year varies by country | +9.7% |
| 2023 | 125.4 base year varies by country | +10.7% |
| 2024 | 128.9 base year varies by country | +2.8% |
| 2025 | 133.57 base year varies by country | +3.6% |
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 | 117.41 base year varies by country | 100 base year varies by country | 133.57 base year varies by country | 6 |
Countries ranked near Latvia
- 108 Northern Mariana Islands 134.81 base year varies by country compare
- 109 Belarus 134.42 base year varies by country compare
- 110 Curaçao 133.65 base year varies by country compare
- 112 Croatia 133.33 base year varies by country compare
- 113 Singapore 132.95 base year varies by country compare
- 114 San Marino 132.36 base year varies by country compare
More financial sector data for Latvia
- Net domestic credit (current LCU), per capita 8,595 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.3645 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate -4.89 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 7.49 million SDR (2025)
- Gold reserves at market value 682.52 million SDR (2025)
- Reserves excluding gold, foreign exchange 3.27 billion SDR (2025)
- Reserves excluding gold 3.77 billion SDR (2025)
- Total reserves (gold at market value) 4.45 billion SDR (2025)
- Total reserves (gold at national valuation) 4.45 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,406 SDR per person (2025)
Frequently asked questions
- What is gdp deflator: linked series in Latvia?
- Gdp deflator: linked series in Latvia was 133.57 base year varies by country in 2025, according to Staff estimates, World Bank (WB).
- What is the highest gdp deflator: linked series recorded in Latvia?
- The highest recorded value was 133.57 base year varies by country in 2025.
- What is the lowest gdp deflator: linked series recorded in Latvia?
- The lowest recorded value was 0.448 base year varies by country in 1990.
- How does Latvia rank for gdp deflator: linked series?
- Latvia ranks 111th out of 212 countries with data for 2025.
- Is gdp deflator: linked series rising or falling in Latvia?
- Over the last ten years it is up 52.9%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of GDP deflator: linked series (base year varies by country). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed as a ratio (a÷b).