Bank return on equity in Latvia
Latvia: Bank return on equity was 6.6% in 2021. ◆ Volatile
Bank return on equity in Latvia, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %, before tax.
Analysis
The most recent figure for bank return on equity in Latvia is 6.6%, measured in 2021.
Compared with earlier readings it is up 167.0% on the previous year and up 165.7% over ten years.
Over the whole period, bank return on equity in Latvia peaked at 30.7% in 2006 and was at its lowest, -51.9%, in 2009.
Latvia ranks 147th of 167 countries on this measure, 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 | 15.0% | -51.9% | 30.7% | 10 |
| 2010s | 6.9% | -18.9% | 17.9% | 10 |
| 2020s | 4.5% | 2.5% | 6.6% | 2 |
Countries ranked near Latvia
- 144 Malta 6.8% compare
- 145 Thailand 6.8% compare
- 146 Andorra, Principality of 6.7% compare
- 148 Venezuela, República Bolivariana de 6.5% compare
- 149 Seychelles 6.4% compare
- 150 Spain 5.9% 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 return on equity in Latvia?
- Bank return on equity in Latvia was 6.6% 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 30.7% in 2006.
- What is the lowest bank return on equity recorded in Latvia?
- The lowest recorded value was -51.9% in 2009.
- How does Latvia rank for bank return on equity?
- Latvia ranks 147th out of 167 countries with data for 2021.
- Is bank return on equity rising or falling in Latvia?
- Over the last ten years it is up 165.7%. 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 (%, before tax). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data10270[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.