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% |
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
- Net domestic credit (current LCU), per capita 8,595 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.3645 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate -4.89 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 7.49 million SDR (2025)
- Gold reserves at market value 682.52 million SDR (2025)
- Reserves excluding gold, foreign exchange 3.27 billion SDR (2025)
- Reserves excluding gold 3.77 billion SDR (2025)
- Total reserves (gold at market value) 4.45 billion SDR (2025)
- Total reserves (gold at national valuation) 4.45 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,406 SDR per person (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.
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About this data
For each country calculated as: 1,000*reported number of depositors/adult population in the reporting country.