Latvia (2025)
128.2
Index (2021=100)
+2.3% YoY
YoY Change
+2.3%
Index (2021=100)
Trend
up
Series length
21
years of data

Data

Latvia Construction Cost Index (New Residential Buildings) (2025) — source data. Eurostat.
Year Index (2021=100) YoY Change
2025 128.2 +2.3%
2024 125.3 +5.6%
2023 118.6 +4.7%
2022 113.3 +13.3%
2021 100 +6.8%
2020 93.6 +7.3%
2019 87.2 +4.8%
2018 83.2 +4.5%
2017 79.6 +2.4%
2016 77.7 +5.7%
2015 73.5 +3.4%
2014 71.1 +0.7%
2013 70.6 +4.0%
2012 67.9 +3.2%
2011 65.8 +2.5%
2010 64.2 -7.4%
2009 69.3 -7.8%
2008 75.2 +8.7%
2007 69.2 +22.5%
2006 56.5 +36.5%

About this Dataset

Latvia recorded 128.2 Index (2021=100) in 2025. The latest change was +2.9. Across 2005–2025 the series ranges from 41.4 in 2005 to 128.2 in 2025.

This page tracks the construction cost index for new residential buildings in Latvia from 2005 to present (base year 2021=100). Construction costs directly affect housing affordability and real estate development economics.

Data sourced from Eurostat via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.

Frequently Asked Questions

This page tracks the construction cost index for new residential buildings in Latvia from 2005 to present (base year 2021=100). Construction costs directly affect housing affordability and real estate development economics. It is published by Eurostat and updated annually.

The most recent observation covers 2025. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2005–2025 (21 observations).

The series peaked at 128.2 Index (2021=100) in 2025 and reached its lowest recorded value of 41.4 in 2005. The latest reading of 128.2 in 2025 represents a change of +2.9.