Deposit money banks'' assets to GDP in Latvia
Latvia: Deposit money banks'' assets to GDP was 35.4% in 2021. ◆ Volatile
Deposit money banks'' assets to GDP in Latvia, 1995–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit money banks'' assets to gdp in Latvia is 35.4%, measured in 2021.
That represents a change of down 6.2% on the previous year and down 57.7% over ten years.
Over the whole period, deposit money banks'' assets to gdp in Latvia peaked at 99.1% in 2010 and was at its lowest, 11.4%, in 1996.
Latvia ranks 129th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit money banks'' assets to GDP in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 12.0% | — |
| 1996 | 11.4% | -4.4% |
| 1997 | 13.4% | +17.0% |
| 1998 | 15.6% | +16.4% |
| 1999 | 18.1% | +16.3% |
| 2000 | 22.5% | +24.5% |
| 2001 | 30.4% | +34.6% |
| 2002 | 35.5% | +16.9% |
| 2003 | 43.3% | +22.0% |
| 2004 | 52.4% | +21.1% |
| 2005 | 67.6% | +29.0% |
| 2006 | 83.6% | +23.7% |
| 2007 | 84.1% | +0.6% |
| 2008 | 91.8% | +9.2% |
| 2010 | 99.1% | +7.9% |
| 2011 | 83.7% | -15.6% |
| 2012 | 68.3% | -18.4% |
| 2013 | 61.7% | -9.7% |
| 2014 | 54.5% | -11.6% |
| 2015 | 52.3% | -4.0% |
| 2016 | 51.0% | -2.5% |
| 2017 | 45.7% | -10.4% |
| 2018 | 39.1% | -14.5% |
| 2019 | 36.4% | -6.8% |
| 2020 | 37.7% | +3.7% |
| 2021 | 35.4% | -6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.1% | 11.4% | 18.1% | 5 |
| 2000s | 56.8% | 22.5% | 91.8% | 9 |
| 2010s | 59.2% | 36.4% | 99.1% | 10 |
| 2020s | 36.6% | 35.4% | 37.7% | 2 |
Countries ranked near Latvia
- 126 Burkina Faso 40.0% compare
- 127 Togo 39.9% compare
- 128 Syrian Arab Republic 39.1% compare
- 130 Rwanda 35.2% compare
- 131 Côte d'Ivoire 34.1% compare
- 132 Dominican Republic 33.3% compare
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 deposit money banks'' assets to gdp in Latvia?
- Deposit money banks'' assets to gdp in Latvia was 35.4% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest deposit money banks'' assets to gdp recorded in Latvia?
- The highest recorded value was 99.1% in 2010.
- What is the lowest deposit money banks'' assets to gdp recorded in Latvia?
- The lowest recorded value was 11.4% in 1996.
- How does Latvia rank for deposit money banks'' assets to gdp?
- Latvia ranks 129th out of 187 countries with data for 2021.
- Is deposit money banks'' assets to gdp rising or falling in Latvia?
- Over the last ten years it is down 57.7%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Deposit money banks'' assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is deposit money bank claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Deposit money bank assets (IFS lines 22, a-d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).