Bank cost to income ratio (%) in Latvia
Latvia: Bank cost to income ratio (%) was 60.0% in 2021. ▬ Flat
Bank cost to income ratio in Latvia, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank cost to income ratio in Latvia stood at 60.0%.
The figure is down 25.0% on the previous year and up 9.7% over ten years.
Over the whole period, bank cost to income ratio in Latvia peaked at 80.0% in 2020 and was at its lowest, 43.9%, in 2016.
Latvia ranks 57th of 169 countries on this measure, in the middle of the range.
Bank cost to income ratio (%) in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 69.0% | — |
| 2001 | 65.3% | -5.3% |
| 2002 | 62.7% | -4.0% |
| 2003 | 60.3% | -3.9% |
| 2004 | 56.3% | -6.7% |
| 2005 | 49.9% | -11.4% |
| 2006 | 47.9% | -4.0% |
| 2007 | 45.4% | -5.3% |
| 2008 | 50.7% | +11.8% |
| 2009 | 54.5% | +7.3% |
| 2010 | 57.2% | +5.1% |
| 2011 | 54.7% | -4.4% |
| 2012 | 49.8% | -8.9% |
| 2013 | 48.6% | -2.5% |
| 2014 | 48.7% | +0.3% |
| 2015 | 45.9% | -5.8% |
| 2016 | 43.9% | -4.3% |
| 2017 | 59.4% | +35.4% |
| 2018 | 61.1% | +2.8% |
| 2019 | 67.1% | +9.7% |
| 2020 | 80.0% | +19.3% |
| 2021 | 60.0% | -25.0% |
Latvia compared with similar countries
- Latvia's 60.0% is above the median for high income countries, which is 56.2%, 1.1× the median. (62 countries reporting)
- Latvia's 60.0% is above the median for Europe & Central Asia, which is 57.7%, 1.0× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Bank cost to income ratio (%) in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +35.4% | 43.9% | 59.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 56.2% | 45.4% | 69.0% | 10 |
| 2010s | 53.6% | 43.9% | 67.1% | 10 |
| 2020s | 70.0% | 60.0% | 80.0% | 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 bank cost to income ratio in Latvia?
- Bank cost to income ratio in Latvia was 60.0% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank cost to income ratio recorded in Latvia?
- The highest recorded value was 80.0% in 2020.
- What is the lowest bank cost to income ratio recorded in Latvia?
- The lowest recorded value was 43.9% in 2016.
- How does Latvia rank for bank cost to income ratio?
- Latvia ranks 57th out of 169 countries with data for 2021.
- Is bank cost to income ratio rising or falling in Latvia?
- Over the last ten years it is up 9.7%. The long-run trend across the full record is flat.
- Where does this Latvia data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank cost to income ratio (%). 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. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.