Latvia - Inflation Rate 1997
8.45%
−9.15pp from 1996
Latvia's inflation rate was 8.45% in 1997, decreased +9.15pp from 17.61% in 1996. This was the 121st highest globally.
Global Ranking - 1997▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Zimbabwe | -0.97% | -116.1% |
| 2nd | Mali | -0.36% | -105.6% |
| 3rd | Oman | -0.36% | -172.6% |
| 4th | St. Lucia | -0.01% | -100.6% |
| 5th | Saudi Arabia | 0.06% | -78.8% |
| 6th | Australia | 0.22% | -91.5% |
| 7th | Antigua and Barbuda | 0.36% | -87.8% |
| 8th | St. Vincent and the Grenadines | 0.44% | -89.9% |
| 9th | Switzerland | 0.52% | -35.8% |
| 10th | Bahamas, The | 0.54% | -56.9% |
| 11th | Seychelles | 0.62% | 130.0% |
| 12th | Sweden | 0.66% | -35.4% |
| 13th | Kuwait | 0.68% | -80.8% |
| 14th | Morocco | 1.04% | -63.1% |
| 15th | Belize | 1.15% | -82.1% |
| 16th | New Zealand | 1.19% | -48.1% |
| 17th | Finland | 1.19% | 12.2% |
| 18th | France | 1.20% | -42.1% |
| 19th | Grenada | 1.24% | -38.8% |
| 20th | North Macedonia | 1.29% | -47.5% |
| 21st | Austria | 1.31% | -26.3% |
| 22nd | Panama | 1.32% | 4.8% |
| 23rd | Luxembourg | 1.37% | 18.3% |
| 24th | Comoros | 1.50% | -37.5% |
| 25th | Ireland | 1.54% | -29.3% |
| 26th | Central African Republic | 1.61% | -58.1% |
| 27th | Canada | 1.62% | 3.2% |
| 28th | Belgium | 1.63% | -7.5% |
| 29th | Brunei Darussalam | 1.71% | -14.3% |
| 30th | Japan | 1.75% | 1,166.5% |
| 31st | Senegal | 1.75% | -38.2% |
| 32nd | Iceland | 1.82% | -19.4% |
| 33rd | Puerto Rico (US) | 1.89% | -43.1% |
| 34th | Syrian Arab Republic | 1.89% | -78.7% |
| 35th | Guinea | 1.94% | -35.1% |
| 36th | Germany | 1.94% | 52.2% |
| 37th | Spain | 1.97% | -45.2% |
| 38th | Singapore | 2.00% | 45.3% |
| 39th | Italy | 2.04% | -48.7% |
| 40th | Netherlands | 2.11% | 45.9% |
| 41st | Tonga | 2.12% | -20.5% |
| 42nd | Yemen, Republic of | 2.18% | -94.4% |
| 43rd | Denmark | 2.18% | 4.3% |
| 44th | United Kingdom | 2.20% | -9.2% |
| 45th | Burkina Faso | 2.32% | -62.0% |
| 46th | Portugal | 2.34% | -20.4% |
| 47th | United States | 2.34% | -20.4% |
| 48th | Bahrain | 2.43% | 1,414.4% |
| 49th | Dominica | 2.44% | 43.2% |
| 50th | Djibouti | 2.52% | -28.3% |
| 51st | Kiribati | 2.55% | 253.2% |
| 52nd | Norway | 2.57% | 103.2% |
| 53rd | Malaysia | 2.66% | -23.5% |
| 54th | Micronesia, Federated States of | 2.67% | -4.6% |
| 55th | Gambia, The | 2.78% | 153.1% |
| 56th | China | 2.79% | -66.6% |
| 57th | Vanuatu | 2.83% | 205.7% |
| 58th | Niger | 2.93% | -45.1% |
| 59th | United Arab Emirates | 2.97% | -0.3% |
| 60th | Aruba | 3.00% | -5.3% |
| 61st | Equatorial Guinea | 3.02% | -33.6% |
| 62nd | Jordan | 3.04% | -53.3% |
| 63rd | Malta | 3.11% | 58.5% |
| 64th | European Union | 3.11% | -12.6% |
| 65th | Viet Nam | 3.21% | -42.6% |
| 66th | Fiji | 3.37% | 11.9% |
| 67th | Benin | 3.47% | -29.5% |
| 68th | Macao SAR, China | 3.49% | -27.6% |
| 69th | Libya | 3.55% | -11.2% |
| 70th | Guyana | 3.56% | -49.9% |
| 71st | Cyprus | 3.61% | 39.6% |
| 72nd | Trinidad and Tobago | 3.63% | 10.3% |
| 73rd | Tunisia | 3.65% | -2.2% |
| 74th | Azerbaijan | 3.67% | -81.4% |
| 75th | Eritrea | 3.74% | -63.7% |
| 76th | Papua New Guinea | 3.96% | -65.9% |
| 77th | Gabon | 3.97% | 475.9% |
| 78th | Nepal | 4.01% | -44.1% |
| 79th | Côte d'Ivoire | 4.02% | 48.9% |
| 80th | Croatia | 4.17% | 14.5% |
| 81st | Korea | 4.44% | -9.9% |
| 82nd | Madagascar | 4.49% | -77.3% |
| 83rd | El Salvador | 4.49% | -54.1% |
| 84th | Mauritania | 4.63% | -1.2% |
| 85th | Egypt, Arab Republic of | 4.63% | -34.8% |
| 86th | Bolivia, Plurinational State of | 4.71% | -62.1% |
| 87th | Cameroon | 4.79% | 22.1% |
| 88th | Qatar | 4.83% | -30.6% |
| 89th | Bangladesh | 5.31% | -22.4% |
| 90th | Greece | 5.54% | -29.7% |
| 91st | Chad | 5.57% | -50.8% |
| 92nd | Philippines | 5.59% | -32.6% |
| 93rd | Thailand | 5.63% | -3.4% |
| 94th | Bosnia and Herzegovina | 5.73% | 148.9% |
| 95th | Algeria | 5.73% | -69.3% |
| 96th | Hong Kong SAR, China | 5.78% | -8.7% |
| 97th | Chile | 6.13% | -16.6% |
| 98th | Slovak Republic | 6.14% | 6.2% |
| 99th | Indonesia | 6.23% | -22.0% |
| 100th | Bhutan | 6.51% | -25.9% |
| 101st | Mauritius | 6.83% | 4.3% |
| 102nd | Samoa | 6.86% | 26.6% |
| 103rd | Brazil | 6.93% | -56.0% |
| 104th | Paraguay | 6.95% | -28.9% |
| 105th | West Bank and Gaza | 7.09% | - |
| 106th | Georgia | 7.09% | -82.0% |
| 107th | Eswatini | 7.13% | 10.9% |
| 108th | Suriname | 7.15% | 151.6% |
| 109th | India | 7.16% | -24.1% |
| 110th | Mozambique | 7.36% | -84.8% |
| 111th | Maldives | 7.57% | 21.3% |
| 112th | Barbados | 7.71% | 223.2% |
| 113th | Lebanon | 7.75% | -12.7% |
| 114th | Cambodia | 7.96% | 11.4% |
| 115th | Solomon Islands | 8.08% | -31.3% |
| 116th | Uganda | 8.17% | 8.7% |
| 117th | Togo | 8.25% | 79.5% |
| 118th | Dominican Republic | 8.30% | 53.7% |
| 119th | Slovenia | 8.36% | -15.7% |
| 120th | Lesotho | 8.38% | -5.8% |
| 121st | Latvia | 8.45% | -52.0% |
| 122nd | Nigeria | 8.53% | -70.9% |
| 123rd | Cabo Verde | 8.56% | 42.4% |
| 124th | Peru | 8.56% | -25.9% |
| 125th | Czechia | 8.60% | -1.9% |
| 126th | South Africa | 8.60% | 15.7% |
| 127th | Botswana | 8.72% | -13.7% |
| 128th | Lithuania | 8.88% | -61.5% |
| 129th | St. Kitts and Nevis | 8.91% | 334.8% |
| 130th | Israel | 8.95% | -20.6% |
| 131st | Malawi | 9.14% | -75.8% |
| 132nd | Nicaragua | 9.19% | -21.1% |
| 133rd | Guatemala | 9.23% | -16.5% |
| 134th | Sri Lanka | 9.57% | -39.9% |
| 135th | Jamaica | 9.66% | -63.4% |
| 136th | Namibia | 9.68% | 11.2% |
| 137th | Estonia | 10.58% | -46.4% |
| 138th | Kenya | 11.36% | 66.7% |
| 139th | Pakistan | 11.38% | 5.6% |
| 140th | Moldova | 11.77% | -49.9% |
| 141st | Rwanda | 12.02% | -8.9% |
| 142nd | Congo, Republic of | 12.70% | 71.6% |
| 143rd | Costa Rica | 13.25% | -24.3% |
| 144th | Armenia | 13.96% | -25.2% |
| 145th | Sierra Leone | 14.56% | -37.1% |
| 146th | Russian Federation | 14.76% | -69.1% |
| 147th | Poland | 14.91% | -25.1% |
| 148th | Ukraine | 15.94% | -80.1% |
| 149th | Tanzania | 16.09% | -23.6% |
| 150th | Iran, Islamic Republic of | 17.35% | -27.5% |
| 151st | Kazakhstan | 17.41% | -55.6% |
| 152nd | Hungary | 18.31% | -22.0% |
| 153rd | Colombia | 18.47% | -11.2% |
| 154th | Uruguay | 19.82% | -30.1% |
| 155th | Honduras | 20.20% | -15.3% |
| 156th | Haiti | 20.56% | -0.1% |
| 157th | Mexico | 20.63% | -40.0% |
| 158th | Iraq | 23.06% | 243.1% |
| 159th | Serbia | 23.31% | -75.6% |
| 160th | Kyrgyz Republic | 23.44% | -26.6% |
| 161st | Zambia | 24.42% | -36.7% |
| 162nd | Lao PDR | 27.51% | 43.7% |
| 163rd | Ghana | 27.89% | -37.3% |
| 164th | Myanmar | 29.70% | 82.5% |
| 165th | Ecuador | 30.66% | 25.6% |
| 166th | Burundi | 31.11% | 15.7% |
| 167th | Albania | 33.18% | 160.6% |
| 168th | São Tomé and Principe | 35.82% | -14.8% |
| 169th | Mongolia | 36.56% | -21.9% |
| 170th | Sudan | 47.17% | -45.6% |
| 171st | Guinea-Bissau | 49.10% | -3.6% |
| 172nd | Belarus | 63.94% | 21.4% |
| 173rd | Uzbekistan | 70.86% | 31.3% |
| 174th | Turkmenistan | 83.72% | -91.6% |
| 175th | Türkiye | 85.67% | 6.8% |
| 176th | Tajikistan | 87.96% | -79.0% |
| 177th | Romania | 154.76% | 298.8% |
| 178th | Congo, Democratic Republic of | 198.52% | -67.8% |
| 179th | Angola | 219.18% | -94.7% |
| 180th | Bulgaria | 1,058.37% | 760.5% |
FAQ
What was Latvia's inflation rate in 1997?▾
Latvia's inflation rate in 1997 was 8.45%. This ranked 121st globally.
How did Latvia's inflation rate change in 1997?▾
Latvia's inflation rate decreased by 52.0% in 1997 compared to 1996.
Which country had the highest inflation rate in 1997?▾
Bulgaria had the highest inflation rate in 1997 at 1,058.37%.
What is the inflation rate of Latvia in 1997?▾
The inflation rate of Latvia in 1997 was 8.45%. This ranked 121st globally.
How does 1997 compare to 1996 for Latvia's inflation rate?▾
Latvia's inflation rate went from 17.61% in 1996 to 8.45% in 1997, a 52.0% decrease.
Related
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