Consolidated foreign claims of BIS reporting banks to GDP in Latvia
Latvia: Consolidated foreign claims of BIS reporting banks to GDP was 60.1% in 2020. ◆ Volatile
Consolidated foreign claims of BIS reporting banks to GDP in Latvia, 1994–2020
Source: Consolidated banking statistics, Bank for International Settlements (BIS). Measured in %.
Analysis
The most recent figure for consolidated foreign claims of bis reporting banks to gdp in Latvia is 60.1%, measured in 2020.
Compared with earlier readings it is up 22.0% on the previous year and down 42.7% over ten years.
Over the whole period, consolidated foreign claims of bis reporting banks to gdp in Latvia peaked at 123.4% in 2006 and was at its lowest, 0.1%, in 1994.
That places Latvia 38th out of 182 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Consolidated foreign claims of BIS reporting banks to GDP in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 1994 | 0.1% | — |
| 1995 | 1.0% | +724.9% |
| 1996 | 1.6% | +67.4% |
| 1997 | 3.1% | +91.7% |
| 1998 | 7.1% | +132.1% |
| 1999 | 13.8% | +95.5% |
| 2000 | 18.5% | +33.6% |
| 2001 | 28.8% | +55.7% |
| 2002 | 27.7% | -3.8% |
| 2003 | 37.3% | +34.5% |
| 2004 | 45.3% | +21.5% |
| 2005 | 66.8% | +47.7% |
| 2006 | 123.4% | +84.7% |
| 2007 | 100.4% | -18.6% |
| 2008 | 93.2% | -7.2% |
| 2009 | 117.8% | +26.3% |
| 2010 | 105.0% | -10.9% |
| 2011 | 74.3% | -29.2% |
| 2012 | 72.9% | -1.9% |
| 2013 | 72.7% | -0.3% |
| 2014 | 55.7% | -23.3% |
| 2015 | 60.4% | +8.3% |
| 2016 | 55.7% | -7.7% |
| 2017 | 57.0% | +2.3% |
| 2018 | 42.1% | -26.1% |
| 2019 | 49.3% | +17.1% |
| 2020 | 60.1% | +22.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.4% | 0.1% | 13.8% | 6 |
| 2000s | 65.9% | 18.5% | 123.4% | 10 |
| 2010s | 64.5% | 42.1% | 105.0% | 10 |
| 2020s | 60.1% | 60.1% | 60.1% | 1 |
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 consolidated foreign claims of bis reporting banks to gdp in Latvia?
- Consolidated foreign claims of bis reporting banks to gdp in Latvia was 60.1% in 2020, according to Consolidated banking statistics, Bank for International Settlements (BIS).
- What is the highest consolidated foreign claims of bis reporting banks to gdp recorded in Latvia?
- The highest recorded value was 123.4% in 2006.
- What is the lowest consolidated foreign claims of bis reporting banks to gdp recorded in Latvia?
- The lowest recorded value was 0.1% in 1994.
- How does Latvia rank for consolidated foreign claims of bis reporting banks to gdp?
- Latvia ranks 38th out of 182 countries with data for 2020.
- Is consolidated foreign claims of bis reporting banks to gdp rising or falling in Latvia?
- Over the last ten years it is down 42.7%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Consolidated banking statistics, Bank for International Settlements (BIS), published as part of Consolidated foreign claims of BIS reporting banks to GDP (%). Statizoid updates them automatically from the source API.
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About this data
The ratio of consolidated foreign claims to GDP of the banks that are reporting to BIS. Foreign claims are defined as the sum of cross-border claims plus foreign offices’ local claims in all currencies. In the consolidated banking statistics claims that are granted or extended to nonresidents are referred to as either cross-border claims. In the context of the consolidated banking statistics, local claims refer to claims of domestic banks’ foreign affiliates (branches/subsidiaries) on the residents of the host country (i.e. country of residence of affiliates). Items (A+L from BIS Table 9A). End-of-year data (i.e. December data) are considered for banks claims. GDP is from World Development Indicators.