Latvia - Inflation Rate 2003
2.94%
+0.98pp from 2002
Latvia's inflation rate was 2.94% in 2003, increased +0.98pp from 1.94% in 2002. This was the 93rd highest globally.
Global Ranking - 2003▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Zimbabwe | -8.57% | 75.1% |
| 2nd | Guinea-Bissau | -3.50% | -206.1% |
| 3rd | Hong Kong SAR, China | -2.67% | 12.2% |
| 4th | Libya | -2.19% | 77.8% |
| 5th | Chad | -1.75% | -133.8% |
| 6th | Madagascar | -1.70% | -110.3% |
| 7th | Niger | -1.61% | -164.7% |
| 8th | Macao SAR, China | -1.56% | 40.8% |
| 9th | Mali | -1.35% | -126.8% |
| 10th | Maldives | -1.26% | -236.0% |
| 11th | Lithuania | -1.13% | -437.6% |
| 12th | Kosovo | -1.08% | - |
| 13th | Togo | -0.93% | -130.4% |
| 14th | Congo, Republic of | -0.63% | -121.2% |
| 15th | Japan | -0.26% | 71.4% |
| 16th | Senegal | -0.05% | -102.2% |
| 17th | Samoa | 0.12% | -98.4% |
| 18th | Czechia | 0.12% | -93.8% |
| 19th | Micronesia, Federated States of | 0.13% | 179.6% |
| 20th | St. Vincent and the Grenadines | 0.21% | -72.5% |
| 21st | Oman | 0.23% | 180.9% |
| 22nd | Brunei Darussalam | 0.30% | 113.0% |
| 23rd | Panama | 0.39% | -60.8% |
| 24th | Albania | 0.48% | -90.7% |
| 25th | Singapore | 0.51% | 229.6% |
| 26th | Bosnia and Herzegovina | 0.55% | 74.8% |
| 27th | Saudi Arabia | 0.61% | 451.5% |
| 28th | Cameroon | 0.62% | -77.9% |
| 29th | Liechtenstein | 0.64% | -0.8% |
| 30th | Switzerland | 0.64% | -0.4% |
| 31st | Poland | 0.68% | -64.1% |
| 32nd | Israel | 0.71% | -87.6% |
| 33rd | Georgia | 0.84% | -85.0% |
| 34th | North Macedonia | 0.86% | -20.0% |
| 35th | Finland | 0.88% | -56.3% |
| 36th | Palau | 0.92% | 438.0% |
| 37th | Cambodia | 0.94% | 2,716.0% |
| 38th | Kuwait | 0.96% | 8.2% |
| 39th | Germany | 1.03% | -22.0% |
| 40th | St. Lucia | 1.03% | 504.0% |
| 41st | Malaysia | 1.09% | -39.2% |
| 42nd | China | 1.13% | 246.1% |
| 43rd | Morocco | 1.17% | -58.4% |
| 44th | Cabo Verde | 1.19% | -38.1% |
| 45th | Lebanon | 1.27% | -27.9% |
| 46th | Malta | 1.30% | -50.1% |
| 47th | Estonia | 1.33% | -62.8% |
| 48th | San Marino | 1.34% | - |
| 49th | Austria | 1.36% | -19.4% |
| 50th | United Kingdom | 1.38% | 9.3% |
| 51st | Puerto Rico (US) | 1.39% | 630.5% |
| 52nd | Dominica | 1.45% | 754.9% |
| 53rd | Benin | 1.49% | -38.6% |
| 54th | Belgium | 1.59% | 2.4% |
| 55th | Bahrain | 1.59% | 421.3% |
| 56th | Barbados | 1.62% | 784.9% |
| 57th | Jordan | 1.63% | -11.2% |
| 58th | Kiribati | 1.63% | -48.6% |
| 59th | Curaçao | 1.63% | 317.4% |
| 60th | New Zealand | 1.75% | -34.5% |
| 61st | Croatia | 1.77% | -30.3% |
| 62nd | Thailand | 1.80% | 173.8% |
| 63rd | Sweden | 1.93% | -0.5% |
| 64th | Djibouti | 1.98% | 41.2% |
| 65th | Antigua and Barbuda | 1.99% | -17.2% |
| 66th | Burkina Faso | 2.03% | -11.5% |
| 67th | Luxembourg | 2.05% | -0.3% |
| 68th | Iceland | 2.06% | -60.3% |
| 69th | Denmark | 2.08% | -13.4% |
| 70th | Netherlands | 2.09% | -45.7% |
| 71st | European Union | 2.09% | -13.7% |
| 72nd | France | 2.10% | 8.3% |
| 73rd | El Salvador | 2.12% | 13.5% |
| 74th | Grenada | 2.15% | 102.0% |
| 75th | Azerbaijan | 2.23% | -18.6% |
| 76th | Gabon | 2.24% | 1,263.0% |
| 77th | St. Kitts and Nevis | 2.24% | 7.6% |
| 78th | Peru | 2.26% | 1,076.8% |
| 79th | Qatar | 2.26% | 843.6% |
| 80th | United States | 2.27% | 42.2% |
| 81st | Philippines | 2.29% | -17.0% |
| 82nd | Belize | 2.32% | 5.6% |
| 83rd | Bulgaria | 2.35% | -59.6% |
| 84th | Norway | 2.49% | 93.3% |
| 85th | Bhutan | 2.57% | -12.5% |
| 86th | Italy | 2.67% | 2.3% |
| 87th | Tunisia | 2.71% | -0.1% |
| 88th | Australia | 2.73% | -10.4% |
| 89th | Canada | 2.76% | 22.2% |
| 90th | Chile | 2.81% | 12.9% |
| 91st | Tuvalu | 2.91% | -42.3% |
| 92nd | Pakistan | 2.91% | -17.7% |
| 93rd | Latvia | 2.94% | 49.9% |
| 94th | Kyrgyz Republic | 2.97% | 39.4% |
| 95th | Vanuatu | 3.02% | 53.6% |
| 96th | Bahamas, The | 3.03% | 101.9% |
| 97th | Spain | 3.04% | -15.4% |
| 98th | Andorra | 3.06% | -2.3% |
| 99th | United Arab Emirates | 3.12% | 6.9% |
| 100th | Portugal | 3.22% | -13.0% |
| 101st | Viet Nam | 3.23% | -14.1% |
| 102nd | Côte d'Ivoire | 3.30% | 7.0% |
| 103rd | Seychelles | 3.30% | 1,551.3% |
| 104th | Bolivia, Plurinational State of | 3.34% | 261.6% |
| 105th | Ireland | 3.49% | -25.5% |
| 106th | Korea | 3.51% | 27.3% |
| 107th | Greece | 3.53% | -10.0% |
| 108th | Aruba | 3.66% | 10.3% |
| 109th | Comoros | 3.80% | 6.2% |
| 110th | India | 3.81% | -23.8% |
| 111th | Trinidad and Tobago | 3.81% | -8.0% |
| 112th | Mauritius | 3.92% | -38.9% |
| 113th | Sierra Leone | 3.99% | 3,198.3% |
| 114th | Central African Republic | 4.13% | 82.5% |
| 115th | Cyprus | 4.14% | 48.6% |
| 116th | Fiji | 4.17% | 477.9% |
| 117th | Algeria | 4.27% | 197.9% |
| 118th | West Bank and Gaza | 4.40% | -22.8% |
| 119th | Egypt, Arab Republic of | 4.51% | 99.6% |
| 120th | Mexico | 4.55% | -9.7% |
| 121st | Hungary | 4.66% | -11.4% |
| 122nd | Armenia | 4.72% | 354.9% |
| 123rd | Mongolia | 5.13% | 451.5% |
| 124th | Mauritania | 5.15% | 32.2% |
| 125th | Ukraine | 5.18% | 584.2% |
| 126th | Nicaragua | 5.30% | 41.4% |
| 127th | Tanzania | 5.30% | 16.4% |
| 128th | Slovenia | 5.54% | -25.9% |
| 129th | Turkmenistan | 5.59% | -36.2% |
| 130th | Guatemala | 5.60% | -31.1% |
| 131st | Bangladesh | 5.67% | 135.5% |
| 132nd | South Africa | 5.68% | -37.5% |
| 133rd | Nepal | 5.71% | 97.1% |
| 134th | Syrian Arab Republic | 5.80% | 1,219.1% |
| 135th | Guyana | 5.98% | 11.6% |
| 136th | Sri Lanka | 6.31% | -33.9% |
| 137th | Kazakhstan | 6.44% | 8.0% |
| 138th | Sudan | 6.49% | -70.8% |
| 139th | Lesotho | 6.63% | -45.7% |
| 140th | Indonesia | 6.76% | -43.3% |
| 141st | Colombia | 7.13% | 12.3% |
| 142nd | Namibia | 7.14% | -43.9% |
| 143rd | Timor-Leste | 7.17% | 75.3% |
| 144th | Eswatini | 7.29% | -38.6% |
| 145th | Equatorial Guinea | 7.32% | -3.4% |
| 146th | Rwanda | 7.45% | 276.1% |
| 147th | Montenegro | 7.50% | -61.9% |
| 148th | Honduras | 7.67% | -0.4% |
| 149th | Ecuador | 7.93% | -36.5% |
| 150th | Solomon Islands | 8.27% | -11.7% |
| 151st | Slovak Republic | 8.55% | 145.2% |
| 152nd | Uganda | 8.68% | 2,993.5% |
| 153rd | Botswana | 9.19% | 14.5% |
| 154th | Costa Rica | 9.45% | 3.1% |
| 155th | Malawi | 9.58% | -35.1% |
| 156th | São Tomé and Principe | 9.79% | -3.3% |
| 157th | Kenya | 9.82% | 399.3% |
| 158th | Serbia | 9.88% | 11.4% |
| 159th | Jamaica | 10.09% | 44.3% |
| 160th | Liberia | 10.33% | -27.0% |
| 161st | Burundi | 10.65% | 879.5% |
| 162nd | Yemen, Republic of | 10.83% | -11.5% |
| 163rd | Guinea | 11.04% | 272.8% |
| 164th | Tonga | 11.64% | 16.5% |
| 165th | Moldova | 11.75% | 125.1% |
| 166th | Uzbekistan | 12.49% | -54.2% |
| 167th | Congo, Democratic Republic of | 12.87% | -49.1% |
| 168th | Argentina | 13.44% | -48.0% |
| 169th | Mozambique | 13.46% | -19.8% |
| 170th | Russian Federation | 13.66% | -13.5% |
| 171st | Nigeria | 14.03% | 8.9% |
| 172nd | Paraguay | 14.24% | 36.0% |
| 173rd | Papua New Guinea | 14.71% | 24.7% |
| 174th | Brazil | 14.71% | 74.1% |
| 175th | Romania | 15.27% | -32.1% |
| 176th | Lao PDR | 15.49% | 45.7% |
| 177th | Tajikistan | 16.30% | 33.3% |
| 178th | Iran, Islamic Republic of | 16.47% | 4.1% |
| 179th | Gambia, The | 17.03% | 97.8% |
| 180th | Uruguay | 19.38% | 38.7% |
| 181st | Zambia | 21.40% | -3.8% |
| 182nd | Türkiye | 21.60% | -52.1% |
| 183rd | Eritrea | 22.67% | 34.3% |
| 184th | Suriname | 23.00% | 48.2% |
| 185th | Dominican Republic | 27.45% | 425.6% |
| 186th | Belarus | 28.40% | -33.3% |
| 187th | Haiti | 28.70% | 337.8% |
| 188th | Ghana | 29.77% | 100.5% |
| 189th | Iraq | 33.62% | 74.0% |
| 190th | Afghanistan | 35.66% | - |
| 191st | Myanmar | 36.59% | 67.0% |
| 192nd | Angola | 98.22% | -9.8% |
FAQ
What was Latvia's inflation rate in 2003?▾
Latvia's inflation rate in 2003 was 2.94%. This ranked 93rd globally.
How did Latvia's inflation rate change in 2003?▾
Latvia's inflation rate increased by 49.9% in 2003 compared to 2002.
Which country had the highest inflation rate in 2003?▾
Angola had the highest inflation rate in 2003 at 98.22%.
What is the inflation rate of Latvia in 2003?▾
The inflation rate of Latvia in 2003 was 2.94%. This ranked 93rd globally.
How does 2003 compare to 2002 for Latvia's inflation rate?▾
Latvia's inflation rate went from 1.94% in 2002 to 2.94% in 2003, a 49.9% increase.
Related
2002
2004
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Full ranking 2003
Consumer Price Index
PPP Conversion Factor
Peak: 1992
Lowest: 2010
Inflation Rate 1990s
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