Bank net interest margin in Latvia
Latvia: Bank net interest margin was 1.8% in 2021. ▼ Falling
Bank net interest margin in Latvia, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank net interest margin in Latvia is 1.8%, measured in 2021.
The figure is down 8.9% on the previous year and down 14.3% over ten years.
Over the whole period, bank net interest margin in Latvia peaked at 4.4% in 2000 and was at its lowest, 1.6%, in 2010.
Latvia ranks 130th of 165 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.3% | 2.0% | 4.4% | 10 |
| 2010s | 2.1% | 1.6% | 2.6% | 10 |
| 2020s | 1.9% | 1.8% | 2.0% | 2 |
Countries ranked near Latvia
- 127 United Kingdom 1.8% compare
- 128 Cuba 1.8% compare
- 129 Norway 1.8% compare
- 131 Turkmenistan 1.7% compare
- 132 Afghanistan 1.7% compare
- 133 Slovenia 1.7% compare
More financial sector data for Latvia
- Domestic credit to private sector by banks 29.3% (2024)
- Total reserves in months of imports 2.02 (2025)
- Net domestic credit 16.04 billion current LCU (2024)
- Net foreign assets 9.50 billion current LCU (2024)
- Monetary Sector credit to private sector 29.3% (2024)
- Claims on central government, etc. 3.5% (2024)
- Domestic credit to private sector 29.3% (2024)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- Net migration -7,330 (2025)
- GDP deflator: linked series 133.57 base year varies by country (2025)
Frequently asked questions
- What is bank net interest margin in Latvia?
- Bank net interest margin in Latvia was 1.8% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in Latvia?
- The highest recorded value was 4.4% in 2000.
- What is the lowest bank net interest margin recorded in Latvia?
- The lowest recorded value was 1.6% in 2010.
- How does Latvia rank for bank net interest margin?
- Latvia ranks 130th out of 165 countries with data for 2021.
- Is bank net interest margin rising or falling in Latvia?
- Over the last ten years it is down 14.3%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank net interest margin (%). 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. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are 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.