Current inflation Latvija 3.8%

November 2025

Current Inflation

Inflation is high at 3.8%, well above the ECB target.

Historical Context

Current inflation is 3.2% lower than the 5-year average of 7.0%.

5-year average
7%
10-year average
4.3%
All-time high (1992)
900.2%
All-time low (2010)
-1.1%

Trend

Inflation shows a downward trend. Compared to 2024, inflation has fallen by +2.5 percentage point.

ECB Target

Inflation is 1.8% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €103.80 next year at this inflation rate.

Last 12 months

5-year trend

Statistics

This year (avg.)
3.8%
Last year
1.3%
5-year average
3.8%
All-time high (1992)
900.2%