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 150 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.
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
- Domestic credit to private sector by banks 29.3% (2024)
- Total reserves in months of imports 2.02 (2025)
- Net domestic credit 16.04 billion current LCU (2024)
- Net foreign assets 9.50 billion current LCU (2024)
- Monetary Sector credit to private sector 29.3% (2024)
- Claims on central government, etc. 3.5% (2024)
- Domestic credit to private sector 29.3% (2024)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- Net migration -7,330 (2025)
- GDP deflator: linked series 133.57 base year varies by country (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 150 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.
Download this data
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.