Bank accounts per 1,000 adults in Latvia
Latvia: Bank accounts per 1,000 adults was 1,282 in 2021. ▲ Rising
Bank accounts per 1,000 adults in Latvia, 2004–2021
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
The most recent figure for bank accounts per 1,000 adults in Latvia is 1,282, measured in 2021.
That represents a change of up 1.3% on the previous year and up 0.6% over ten years.
Over the whole period, bank accounts per 1,000 adults in Latvia peaked at 1,396 in 2017 and was at its lowest, 943.72, in 2004.
Latvia ranks 21st of 103 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Bank accounts per 1,000 adults in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 943.72 | — |
| 2005 | 959.24 | +1.6% |
| 2006 | 1,059 | +10.4% |
| 2007 | 1,204 | +13.7% |
| 2008 | 1,249 | +3.7% |
| 2009 | 1,279 | +2.4% |
| 2010 | 1,388 | +8.5% |
| 2011 | 1,275 | -8.1% |
| 2012 | 1,327 | +4.1% |
| 2013 | 1,374 | +3.5% |
| 2014 | 1,349 | -1.8% |
| 2015 | 1,327 | -1.6% |
| 2016 | 1,262 | -4.9% |
| 2017 | 1,396 | +10.6% |
| 2018 | 1,344 | -3.7% |
| 2019 | 1,252 | -6.8% |
| 2020 | 1,265 | +1.1% |
| 2021 | 1,282 | +1.3% |
Latvia compared with similar countries
- Latvia's 1,282 is above the median for high income countries, which is 1,278, 1.0× the median. (20 countries reporting)
- Latvia's 1,282 is above the median for Europe & Central Asia, which is 1,200, 1.1× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,116 | 943.72 | 1,279 | 6 |
| 2010s | 1,329 | 1,252 | 1,396 | 10 |
| 2020s | 1,274 | 1,265 | 1,282 | 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 bank accounts per 1,000 adults in Latvia?
- Bank accounts per 1,000 adults in Latvia was 1,282 in 2021, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank accounts per 1,000 adults recorded in Latvia?
- The highest recorded value was 1,396 in 2017.
- What is the lowest bank accounts per 1,000 adults recorded in Latvia?
- The lowest recorded value was 943.72 in 2004.
- How does Latvia rank for bank accounts per 1,000 adults?
- Latvia ranks 21st out of 103 countries with data for 2021.
- Is bank accounts per 1,000 adults rising or falling in Latvia?
- Over the last ten years it is up 0.6%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Financial Access Survey (FAS), International Monetary Fund (IMF), published as part of Bank accounts per 1,000 adults. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
For each country calculated as: 1,000*reported number of depositors/adult population in the reporting country.