Azerbaijan vs Latvia: Bank cost to income ratio

Azerbaijan
59.5%
in 2021
Latvia
60.0%
in 2021
Azerbaijan rank
58th
Latvia rank
57th

Bank cost to income ratio over time

  • Azerbaijan
  • Latvia
020406080200020102021

How they compare

Latvia currently reports 60.0% against 59.5% in Azerbaijan, a difference of 0.5%.

The two have swapped places 6 times across 22 shared years of data; in 2000 it was Latvia ahead.

Azerbaijan ranks 58th and Latvia ranks 57th of 169 countries.

Across the 3 decades both report, Azerbaijan averaged higher in 1 and Latvia in 2.

Head to head by decade

Decade Azerbaijan Latvia Difference Ahead
2000s 56.1% 56.2% 0.1% Latvia
2010s 56.2% 53.6% 2.5% Azerbaijan
2020s 57.2% 70.0% 12.8% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank cost to income ratio, Azerbaijan or Latvia?
Latvia, at 60.0% against 59.5% in Azerbaijan as of 2021.
What is the difference in bank cost to income ratio between Azerbaijan and Latvia?
0.5%, with Latvia ahead.
How many years of comparable data are there for Azerbaijan and Latvia?
22 years are reported by both, from 2000 to 2021.
How do Azerbaijan and Latvia rank globally for bank cost to income ratio?
Azerbaijan ranks 58th and Latvia ranks 57th of 169 countries.
Where does this data come from?
Bankscope, Bureau van Dijk (BvD), published as Bank cost to income ratio (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Azerbaijan vs Latvia: Bank cost to income ratio. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 10 September 2026, from https://financial-sector.statizoid.com/compare/bank-cost-to-income-ratio-percent/azerbaijan/latvia/

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About this data

Indicator
Bank cost to income ratio (%)
Unit
%
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 3,210 data points, 2000–2021
Last refreshed

Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.