Bank branches per 100,000 adults in Latvia
Latvia: Bank branches per 100,000 adults was 6.64 in 2021. ▼ Falling
Bank branches per 100,000 adults in Latvia, 2004–2021
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
Latvia recorded 6.64 for bank branches per 100,000 adults in 2021. That is the lowest value across all 18 years on record.
That represents a change of down 5.9% on the previous year and down 79.7% over ten years.
Over the whole period, bank branches per 100,000 adults in Latvia peaked at 37.36 in 2007 and was at its lowest, 6.64, in 2021.
Latvia ranks 131st of 185 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.37 | 31.59 | 37.36 | 6 |
| 2010s | 20.96 | 9.74 | 34.18 | 10 |
| 2020s | 6.84 | 6.64 | 7.05 | 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 branches per 100,000 adults in Latvia?
- Bank branches per 100,000 adults in Latvia was 6.64 in 2021, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank branches per 100,000 adults recorded in Latvia?
- The highest recorded value was 37.36 in 2007.
- What is the lowest bank branches per 100,000 adults recorded in Latvia?
- The lowest recorded value was 6.64 in 2021.
- How does Latvia rank for bank branches per 100,000 adults?
- Latvia ranks 131st out of 185 countries with data for 2021.
- Is bank branches per 100,000 adults rising or falling in Latvia?
- Over the last ten years it is down 79.7%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Financial Access Survey (FAS), International Monetary Fund (IMF), published as part of Bank branches per 100,000 adults. Statizoid updates them automatically from the source API.
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About this data
For each country calculated as: 100,000*reported number of depositors/adult population in the reporting country.