Bank return on equity in Latvia
Latvia: Bank return on equity was 6.5% in 2021. ◆ Volatile
Bank return on equity in Latvia, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %, after tax.
Analysis
The most recent figure for bank return on equity in Latvia is 6.5%, measured in 2021.
Compared with earlier readings it is up 169.4% on the previous year and up 2,860.4% over ten years.
Over the whole period, bank return on equity in Latvia peaked at 26.7% in 2006 and was at its lowest, -45.4%, in 2009.
That places Latvia 134th out of 168 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.8% | -45.4% | 26.7% | 10 |
| 2010s | 5.0% | -21.6% | 16.5% | 10 |
| 2020s | 4.5% | 2.4% | 6.5% | 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 return on equity in Latvia?
- Bank return on equity in Latvia was 6.5% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank return on equity recorded in Latvia?
- The highest recorded value was 26.7% in 2006.
- What is the lowest bank return on equity recorded in Latvia?
- The lowest recorded value was -45.4% in 2009.
- How does Latvia rank for bank return on equity?
- Latvia ranks 134th out of 168 countries with data for 2021.
- Is bank return on equity rising or falling in Latvia?
- Over the last ten years it is up 2,860.4%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank return on equity (%, after tax). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2115[t] / ((data2055[t] + data2055[t-1])/2). 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.