Bank credit to bank deposits in Latvia
Latvia: Bank credit to bank deposits was 62.8% in 2021. ▬ Flat
Bank credit to bank deposits in Latvia, 1995–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Latvia recorded 62.8% for bank credit to bank deposits in 2021.
That represents a change of down 6.7% on the previous year and down 69.3% over ten years.
Over the whole period, bank credit to bank deposits in Latvia peaked at 278.4% in 2008 and was at its lowest, 57.0%, in 1996.
Latvia ranks 132nd of 186 countries on this measure, in the middle of the range.
Bank credit to bank deposits in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 61.6% | — |
| 1996 | 57.0% | -7.4% |
| 1997 | 69.4% | +21.7% |
| 1998 | 94.3% | +35.9% |
| 1999 | 101.9% | +8.0% |
| 2000 | 103.0% | +1.1% |
| 2001 | 125.8% | +22.1% |
| 2002 | 139.0% | +10.5% |
| 2003 | 150.3% | +8.2% |
| 2004 | 165.2% | +9.9% |
| 2005 | 189.0% | +14.4% |
| 2006 | 210.2% | +11.2% |
| 2007 | 239.0% | +13.7% |
| 2008 | 278.4% | +16.5% |
| 2010 | 212.5% | -23.7% |
| 2011 | 204.5% | -3.8% |
| 2012 | 175.7% | -14.1% |
| 2013 | 145.5% | -17.2% |
| 2014 | 129.5% | -11.0% |
| 2015 | 116.2% | -10.3% |
| 2016 | 107.1% | -7.8% |
| 2017 | 99.2% | -7.4% |
| 2018 | 88.0% | -11.3% |
| 2019 | 79.9% | -9.2% |
| 2020 | 67.3% | -15.7% |
| 2021 | 62.8% | -6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 76.9% | 57.0% | 101.9% | 5 |
| 2000s | 177.8% | 103.0% | 278.4% | 9 |
| 2010s | 135.8% | 79.9% | 212.5% | 10 |
| 2020s | 65.1% | 62.8% | 67.3% | 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 credit to bank deposits in Latvia?
- Bank credit to bank deposits in Latvia was 62.8% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Latvia?
- The highest recorded value was 278.4% in 2008.
- What is the lowest bank credit to bank deposits recorded in Latvia?
- The lowest recorded value was 57.0% in 1996.
- How does Latvia rank for bank credit to bank deposits?
- Latvia ranks 132nd out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Latvia?
- Over the last ten years it is down 69.3%. The long-run trend across the full record is flat.
- Where does this Latvia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).