Bank return on equity (%, after tax) in Latvia
Latvia: Bank return on equity (%, after tax) 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.
Bank return on equity (%, after tax) in Latvia, year by year
| Year | %, after tax | Change |
|---|---|---|
| 2000 | 19.1% | — |
| 2001 | 17.6% | -8.0% |
| 2002 | 17.7% | +0.8% |
| 2003 | 17.7% | +0.1% |
| 2004 | 21.7% | +22.4% |
| 2005 | 25.3% | +16.4% |
| 2006 | 26.7% | +5.5% |
| 2007 | 25.6% | -4.1% |
| 2008 | 2.2% | -91.4% |
| 2009 | -45.4% | -2153.2% |
| 2010 | -21.6% | -52.3% |
| 2011 | 0.2% | -101.0% |
| 2012 | 5.4% | +2329.0% |
| 2013 | 9.2% | +71.5% |
| 2014 | 9.1% | -0.8% |
| 2015 | 11.0% | +21.0% |
| 2016 | 16.5% | +49.9% |
| 2017 | 5.3% | -68.2% |
| 2018 | 8.2% | +55.3% |
| 2019 | 7.2% | -12.2% |
| 2020 | 2.4% | -66.2% |
| 2021 | 6.5% | +169.4% |
Latvia compared with similar countries
- Latvia's 6.5% is below the median for high income countries, which is 8.7%, 75% of the median. (63 countries reporting)
- Latvia's 6.5% is below the median for Europe & Central Asia, which is 8.6%, 76% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where Bank return on equity (%, after tax) 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 |
|---|---|---|---|
| 2012 | +2329.0% | 0.2% | 5.4% |
| 2009 | -2153.2% | 2.2% | -45.4% |
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
- 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 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.