5-bank asset concentration in Latvia
Latvia: 5-bank asset concentration was 89.92 in 2021. ▲ Rising
5-bank asset concentration in Latvia, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD).
Analysis
The most recent figure for 5-bank asset concentration in Latvia is 89.92, measured in 2021.
The figure is up 0.3% on the previous year and up 31.1% over ten years.
Over the whole period, 5-bank asset concentration in Latvia peaked at 95.6 in 2015 and was at its lowest, 67.1, in 2010.
That places Latvia 63rd out of 151 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
5-bank asset concentration in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 68.75 | — |
| 2001 | 73.89 | +7.5% |
| 2002 | 72.22 | -2.3% |
| 2003 | 72.37 | +0.2% |
| 2004 | 70.17 | -3.0% |
| 2005 | 76.06 | +8.4% |
| 2006 | 78.33 | +3.0% |
| 2007 | 74.68 | -4.7% |
| 2008 | 76.67 | +2.7% |
| 2009 | 74.52 | -2.8% |
| 2010 | 67.1 | -10.0% |
| 2011 | 68.57 | +2.2% |
| 2012 | 70.46 | +2.8% |
| 2013 | 71.93 | +2.1% |
| 2014 | 70.69 | -1.7% |
| 2015 | 95.6 | +35.2% |
| 2016 | 80.63 | -15.7% |
| 2017 | 78.65 | -2.5% |
| 2018 | 81.07 | +3.1% |
| 2019 | 87.74 | +8.2% |
| 2020 | 89.65 | +2.2% |
| 2021 | 89.92 | +0.3% |
Latvia compared with similar countries
- Latvia's 89.92 is above the median for high income countries, which is 89.27, 1.0× the median. (57 countries reporting)
- Latvia's 89.92 is above the median for Europe & Central Asia, which is 85.85, 1.0× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 73.77 | 68.75 | 78.33 | 10 |
| 2010s | 77.24 | 67.1 | 95.6 | 10 |
| 2020s | 89.79 | 89.65 | 89.92 | 2 |
Countries ranked near Latvia
More financial sector data for Latvia
- Reserve position in the IMF, US dollar, annual growth rate 68.5 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 43.27 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 60.46 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 31.6 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 68.5 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 43.27 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 60.46 % change on previous year (2025)
Frequently asked questions
- What is 5-bank asset concentration in Latvia?
- 5-bank asset concentration in Latvia was 89.92 in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest 5-bank asset concentration recorded in Latvia?
- The highest recorded value was 95.6 in 2015.
- What is the lowest 5-bank asset concentration recorded in Latvia?
- The lowest recorded value was 67.1 in 2010.
- How does Latvia rank for 5-bank asset concentration?
- Latvia ranks 63rd out of 151 countries with data for 2021.
- Is 5-bank asset concentration rising or falling in Latvia?
- Over the last ten years it is up 31.1%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of 5-bank asset concentration. Statizoid updates them automatically from the source API.
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CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for five largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 5 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.