Latvia vs Russian Federation: Account ownership at a financial institution or with a
Latvia
89.7%
in 2024
Russian Federation
88.5%
in 2024
Latvia rank
32nd
Russian Federation rank
34th
Account ownership at a financial institution or with a over time
- Latvia
- Russian Federation
How they compare
Latvia currently reports 89.7% against 88.5% in Russian Federation, a difference of 1.2%.
Across all 5 years both countries report, Latvia has been ahead every year.
Latvia ranks 32nd and Russian Federation ranks 34th of 106 countries.
Latvia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latvia | Russian Federation | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 78.6% | 51.4% | 27.2% | Latvia |
| 2020s | 92.0% | 91.0% | 1.0% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher account ownership at a financial institution or with a, Latvia or Russian Federation?
- Latvia, at 89.7% against 88.5% in Russian Federation as of 2024.
- What is the difference in account ownership at a financial institution or with a between Latvia and Russian Federation?
- 1.2%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Russian Federation?
- 5 years are reported by both, from 2011 to 2024.
- How do Latvia and Russian Federation rank globally for account ownership at a financial institution or with a?
- Latvia ranks 32nd and Russian Federation ranks 34th of 106 countries.
- Where does this data come from?
- Global Findex Database, World Bank (WB), published as Account ownership at a financial institution or with a mobile-money-service provider, young adults (% of population ages 15-24). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (young adults, % of population ages 15-24).