Account ownership at a financial institution or with a in Latvia
Latvia: Account ownership at a financial institution or with a was 85.7% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Latvia, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.
Analysis
Latvia recorded 85.7% for account ownership at a financial institution or with a in 2024.
Compared with earlier readings it is down 5.8% on the previous year and up 15.4% over ten years.
Over the whole period, account ownership at a financial institution or with a in Latvia peaked at 91.0% in 2021 and was at its lowest, 74.3%, in 2014.
Latvia ranks 27th of 105 countries on this measure, in the top quarter.
Account ownership at a financial institution or with a in Latvia, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 74.4% | — |
| 2014 | 74.3% | -0.2% |
| 2017 | 79.4% | +6.9% |
| 2021 | 91.0% | +14.6% |
| 2024 | 85.7% | -5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 76.0% | 74.3% | 79.4% | 3 |
| 2020s | 88.3% | 85.7% | 91.0% | 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 account ownership at a financial institution or with a in Latvia?
- Account ownership at a financial institution or with a in Latvia was 85.7% in 2024, according to Global Findex Database, World Bank (WB).
- What is the highest account ownership at a financial institution or with a recorded in Latvia?
- The highest recorded value was 91.0% in 2021.
- What is the lowest account ownership at a financial institution or with a recorded in Latvia?
- The lowest recorded value was 74.3% in 2014.
- How does Latvia rank for account ownership at a financial institution or with a?
- Latvia ranks 27th out of 105 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Latvia?
- Over the last ten years it is up 15.4%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Global Findex Database, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider, primary education or less (% of population ages 15+). Statizoid updates them automatically from the source API.
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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 (primary education or less, % of population ages 15+).