Latvia vs Russian Federation: Bank cost to income ratio

Latvia
60.0%
in 2021
Russian Federation
59.0%
in 2021
Latvia rank
57th
Russian Federation rank
60th

Bank cost to income ratio over time

  • Latvia
  • Russian Federation
020406080100200020102021

How they compare

Latvia currently reports 60.0% against 59.0% in Russian Federation, a difference of 1.0%.

The two have swapped places 2 times across 22 shared years of data; in 2000 it was Latvia ahead.

Latvia ranks 57th and Russian Federation ranks 60th of 169 countries.

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

Head to head by decade

Decade Latvia Russian Federation Difference Ahead
2000s 56.2% 63.3% 7.1% Russian Federation
2010s 53.6% 72.3% 18.7% Russian Federation
2020s 70.0% 52.5% 17.5% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank cost to income ratio, Latvia or Russian Federation?
Latvia, at 60.0% against 59.0% in Russian Federation as of 2021.
What is the difference in bank cost to income ratio between Latvia and Russian Federation?
1.0%, with Latvia ahead.
How many years of comparable data are there for Latvia and Russian Federation?
22 years are reported by both, from 2000 to 2021.
How do Latvia and Russian Federation rank globally for bank cost to income ratio?
Latvia ranks 57th and Russian Federation ranks 60th 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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Latvia vs Russian Federation: Bank cost to income ratio. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 13 September 2026, from https://financial-sector.statizoid.com/compare/bank-cost-to-income-ratio-percent/latvia/russian-federation/

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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.