GDP deflator: linked series (base year varies by country) in Latvia
Latvia: GDP deflator: linked series (base year varies by country) 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 112th of 214 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 (base year varies by country) 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% |
Latvia compared with similar countries
- Latvia's 133.57 base year varies by country is above the median for high income countries, which is 122.45 base year varies by country, 1.1× the median. (82 countries reporting)
- Latvia's 133.57 base year varies by country is above the median for Europe & Central Asia, which is 133.45 base year varies by country, 1.0× the median. (56 countries reporting)
Biggest year-on-year movements
Years where GDP deflator: linked series (base year varies by country) 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 | 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
- 109 Northern Mariana Islands 134.81 base year varies by country compare
- 110 Belarus 134.42 base year varies by country compare
- 111 Curacao 133.65 base year varies by country compare
- 113 Croatia 133.33 base year varies by country compare
- 114 Singapore 132.95 base year varies by country compare
- 115 San Marino 132.36 base year varies by country compare
More financial sector data for Latvia
- Reserve position in the IMF, US dollar, annual growth rate 68.5 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 43.27 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 60.46 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 31.6 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 68.5 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 43.27 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 60.46 % change on previous year (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 112th out of 214 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).