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Latvia Rent Price Index / Quarterly (2015=100)
Latvia
Source: OECD
In most countries the rent price indices are a part of the overall Consumer Price Index (CPI) or Harmonised Indices of Consumer Prices (HICP) calculations, hence an inflation-adjusted value is not provided. The goal of the Rent Price Index is to provide a high-level overview of the trends of rent prices.
Latvia Rent Price Index, % change 1 yr
Nominal
Latvia
Source: OECD
Quarterly change in rent prices
| Q1 | Q2 | Q3 | Q4 | |
| 2024 | 2.23% | 0.72% | 1.80% | 1.98% |
| 2023 | 2.18% | 2.88% | 1.45% | 2.06% |
| 2022 | 0.22% | 2.26% | 0.02% | -4.25% |
| 2021 | 1.15% | 0.03% | 0.53% | 2.43% |
| 2020 | 2.53% | -8.56% | 1.78% | 1.25% |
| 2019 | 1.03% | 0.75% | 0.97% | 0.15% |
| 2018 | 1.78% | 0.80% | 2.88% | 1.12% |
| 2017 | 0.20% | 0.24% | 0.01% | -0.08% |
| 2016 | -0.03% | 0.05% | -1.54% | 0.06% |
| 2015 | -0.55% | 1.23% | 0.69% | -1.70% |
| 2014 | 2.29% | 0.15% | 0.71% | 0.09% |
| 2013 | 0.91% | 1.12% | 0.86% | 1.86% |
| 2012 | 2.64% | 3.32% | 2.77% | 0.95% |
| 2011 | 0.99% | 0.31% | 1.55% | 2.16% |
| 2010 | -4.46% | 1.53% | 0.26% | 3.28% |
| 2009 | -4.68% | -10.78% | -9.09% | -5.67% |
| 2008 | 9.93% | 5.51% | 4.13% | 0.80% |
| 2007 | 4.84% | 7.18% | 5.40% | 2.85% |
| 2006 | 2.79% | 3.08% | 2.65% | 2.22% |
| 2005 | 2.44% | 9.25% | 0.39% | 2.15% |
| 2004 | 2.89% | 0.18% | 1.62% | 1.70% |
| 2003 | -0.60% | 0.15% | 2.18% | 1.93% |
| 2002 | 0.14% | 0.39% | -0.19% | 0.83% |
| 2001 | 2.02% | 0.47% | -0.58% | 0.16% |
| 2000 | 1.51% | 0.76% | 0.34% | 0.24% |
| 1999 | 2.97% | 0.63% | -0.89% | -0.06% |
| 1998 | 3.03% | 0.45% | -1.88% | -0.48% |
| 1997 | 5.51% | 0.50% | 48.29% | 13.29% |
| 1996 | 7.90% | 1.23% | -1.03% | -1.67% |
| 1995 | 4.58% | -2.42% | -0.12% |
This table shows the nominal change in rent prices during a single quarter.
Yearly change in rent prices
| Year | Nominal Change |
| 2024 | 6.90% |
| 2023 | 8.84% |
| 2022 | -1.86% |
| 2021 | 4.19% |
| 2020 | -3.38% |
| 2019 | 2.93% |
| 2018 | 6.73% |
| 2017 | 0.38% |
| 2016 | -1.46% |
| 2015 | -0.36% |
| 2014 | 3.26% |
| 2013 | 4.83% |
| 2012 | 10.02% |
| 2011 | 5.10% |
| 2010 | 0.44% |
| 2009 | -27.08% |
| 2008 | 21.73% |
| 2007 | 21.81% |
| 2006 | 11.17% |
| 2005 | 14.77% |
| 2004 | 6.52% |
| 2003 | 3.69% |
| 2002 | 1.17% |
| 2001 | 2.06% |
| 2000 | 2.88% |
| 1999 | 2.64% |
| 1998 | 1.06% |
| 1997 | 78.13% |
| 1996 | 6.29% |
The yearly changes table compares the index values from the most recent quarter or month of a given year with the corresponding quarter or month from the previous year. This provides an assessment of how house prices have changed over that year.