Commodity Import Price Index, Individual Commodites Weighted by Ratio in Latvia
Latvia: Commodity Import Price Index, Individual Commodites Weighted by Ratio was 97.66 in 2025. ▲ Rising
Commodity Import Price Index, Individual Commodites Weighted by Ratio in Latvia, 1992–2025
Source: International Monetary Fund.
Analysis
In 2025, commodity import price index, individual commodites weighted by ratio in Latvia stood at 97.66.
That represents a change of down 0.7% on the previous year and up 2.0% over ten years.
Over the whole period, commodity import price index, individual commodites weighted by ratio in Latvia peaked at 101.68 in 2022 and was at its lowest, 88.31, in 1998.
That places Latvia 119th out of 180 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Commodity Import Price Index, Individual Commodites Weighted by Ratio in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | 89.79 | — |
| 1993 | 89.47 | -0.4% |
| 1994 | 89.27 | -0.2% |
| 1995 | 89.44 | +0.2% |
| 1996 | 90.3 | +1.0% |
| 1997 | 90.22 | -0.1% |
| 1998 | 88.31 | -2.1% |
| 1999 | 89.5 | +1.4% |
| 2000 | 92.57 | +3.4% |
| 2001 | 91.97 | -0.6% |
| 2002 | 91.91 | -0.1% |
| 2003 | 93.11 | +1.3% |
| 2004 | 94.34 | +1.3% |
| 2005 | 96.72 | +2.5% |
| 2006 | 97.87 | +1.2% |
| 2007 | 98.21 | +0.3% |
| 2008 | 100.27 | +2.1% |
| 2009 | 96.96 | -3.3% |
| 2010 | 98.76 | +1.9% |
| 2011 | 100.57 | +1.8% |
| 2012 | 100 | -0.6% |
| 2013 | 100.28 | +0.3% |
| 2014 | 99.84 | -0.4% |
| 2015 | 95.73 | -4.1% |
| 2016 | 95.05 | -0.7% |
| 2017 | 96.43 | +1.5% |
| 2018 | 97.89 | +1.5% |
| 2019 | 96.32 | -1.6% |
| 2020 | 94.35 | -2.0% |
| 2021 | 99.24 | +5.2% |
| 2022 | 101.68 | +2.5% |
| 2023 | 98.89 | -2.8% |
| 2024 | 98.4 | -0.5% |
| 2025 | 97.66 | -0.7% |
Latvia compared with similar countries
- Latvia's 97.66 is below the median for high income countries, which is 98.54, 99% of the median. (59 countries reporting)
- Latvia's 97.66 is below the median for Europe & Central Asia, which is 98.46, 99% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 89.54 | 88.31 | 90.3 | 8 |
| 2000s | 95.39 | 91.91 | 100.27 | 10 |
| 2010s | 98.09 | 95.05 | 100.57 | 10 |
| 2020s | 98.37 | 94.35 | 101.68 | 6 |
Countries ranked near Latvia
- 116 Philippines 97.72 compare
- 117 Côte d'Ivoire 97.69 compare
- 118 Syrian Arab Republic 97.68 compare
- 120 Dominica 97.61 compare
- 121 Netherlands 97.58 compare
- 122 Mozambique 97.53 compare
More trade data for Latvia
- Commodity Net Export Price Index, Individual Commodities Weighted by 108.07 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 101.59 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.22 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 92.34 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 80.09 (2025)
- Imports of low carbon technology products, Percent of GDP 1.53 (2024)
- Imports of low carbon technology products, US dollar (World), per 356.69 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0151 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 467.61 million (2024)
- Exports of low carbon technology products, US dollar (World), per 250.58 units per person (2024)
Frequently asked questions
- What is commodity import price index, individual commodites weighted by ratio in Latvia?
- Commodity import price index, individual commodites weighted by ratio in Latvia was 97.66 in 2025, according to International Monetary Fund.
- What is the highest commodity import price index, individual commodites weighted by ratio recorded in Latvia?
- The highest recorded value was 101.68 in 2022.
- What is the lowest commodity import price index, individual commodites weighted by ratio recorded in Latvia?
- The lowest recorded value was 88.31 in 1998.
- How does Latvia rank for commodity import price index, individual commodites weighted by ratio?
- Latvia ranks 119th out of 180 countries with data for 2025.
- Is commodity import price index, individual commodites weighted by ratio rising or falling in Latvia?
- Over the last ten years it is up 2.0%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Commodity Import Price Index, Individual Commodites Weighted by Ratio of Imports to GDP (Historical, Fixed Weights, Index). Statizoid updates them automatically from the source API.
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About this data
CTOT is a comprehensive database of country-specific commodity price indices for 182 economies covering the period from 1962 onwards. For each country, the change in the international price of up to 45 individual commodities is weighted using commodity-level trade data. The database includes a commodity terms-of-trade index—which proxies the windfall gains and losses of income associated with changes in world prices—as well as additional country-specific series, including commodity export and import price indices. It includes indices that are constructed using, alternatively, fixed weights (based on average trade flows over several decades) and time-varying weights (which can account for time variation in the mix of commodities traded and the overall importance of commodities in economic activity)