{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"lv-construction-cost-index","url":"https://apiardata.com/statistics/lv-construction-cost-index","html_url":"https://apiardata.com/statistics/lv-construction-cost-index/","title":"Latvia Construction Cost Index (New Residential Buildings) (2025)","description":"Latvia's Construction Cost Index (New Residential Buildings): 128.2 Index (2021=100) in 2025, +2.3% YoY. Eurostat (STS_COPI_A), 2005–2025.","domain":"prices","category":"Prices & Inflation","keywords":["Prices & Inflation","Eurostat","Latvia","2025"],"publisher":"Eurostat","frequency":"Annual","geography":"Latvia","temporal_coverage":"2005/2025","unit":"Index (2021=100)","last_updated":"2026-07-27","last_updated_text":"27 July 2026","data_as_of":"2025","variable_measured":"Latvia Construction Cost Index (New Residential Buildings)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/STS_COPI_A/default/table"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2005–2025"},{"label":"Observations","value":"21"},{"label":"Geography","value":"Latvia"},{"label":"Last updated","value":"27 July 2026"}],"kpis":[{"label":"Latvia (2025)","value":"128.2","unit":"Index (2021=100)","trend":{"direction":"up","value":"+2.3% YoY"}},{"label":"YoY Change","value":"+2.3%","unit":"Index (2021=100)"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"21","unit":"years of data"}],"series":[{"key":"value","label":"Latvia Construction Cost Index (New Residential Buildings)"}],"observation_count":21,"observations":[{"period":"2005","value":41.4},{"period":"2006","value":56.5},{"period":"2007","value":69.2},{"period":"2008","value":75.2},{"period":"2009","value":69.3},{"period":"2010","value":64.2},{"period":"2011","value":65.8},{"period":"2012","value":67.9},{"period":"2013","value":70.6},{"period":"2014","value":71.1},{"period":"2015","value":73.5},{"period":"2016","value":77.7},{"period":"2017","value":79.6},{"period":"2018","value":83.2},{"period":"2019","value":87.2},{"period":"2020","value":93.6},{"period":"2021","value":100},{"period":"2022","value":113.3},{"period":"2023","value":118.6},{"period":"2024","value":125.3},{"period":"2025","value":128.2}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"Index (2021=100)"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2025","value":"128.2","yoyChange":"+2.3%"},{"year":"2024","value":"125.3","yoyChange":"+5.6%"},{"year":"2023","value":"118.6","yoyChange":"+4.7%"},{"year":"2022","value":"113.3","yoyChange":"+13.3%"},{"year":"2021","value":"100.0","yoyChange":"+6.8%"},{"year":"2020","value":"93.6","yoyChange":"+7.3%"},{"year":"2019","value":"87.2","yoyChange":"+4.8%"},{"year":"2018","value":"83.2","yoyChange":"+4.5%"},{"year":"2017","value":"79.6","yoyChange":"+2.4%"},{"year":"2016","value":"77.7","yoyChange":"+5.7%"},{"year":"2015","value":"73.5","yoyChange":"+3.4%"},{"year":"2014","value":"71.1","yoyChange":"+0.7%"},{"year":"2013","value":"70.6","yoyChange":"+4.0%"},{"year":"2012","value":"67.9","yoyChange":"+3.2%"},{"year":"2011","value":"65.8","yoyChange":"+2.5%"},{"year":"2010","value":"64.2","yoyChange":"-7.4%"},{"year":"2009","value":"69.3","yoyChange":"-7.8%"},{"year":"2008","value":"75.2","yoyChange":"+8.7%"},{"year":"2007","value":"69.2","yoyChange":"+22.5%"},{"year":"2006","value":"56.5","yoyChange":"+36.5%"}]},"qa":[{"question":"What does this indicator measure?","answer":"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."},{"question":"How current is this data?","answer":"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)."},{"question":"What is the long-term trend?","answer":"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."}]}