Depositors with commercial banks in Latvia
Latvia: Depositors with commercial banks was 1,275 per 1,000 adults in 2024. ▲ Rising
Depositors with commercial banks in Latvia, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
Latvia recorded 1,275 per 1,000 adults for depositors with commercial banks in 2024.
The figure is down 0.5% on the previous year and down 5.5% over ten years.
Over the whole period, depositors with commercial banks in Latvia peaked at 1,397 per 1,000 adults in 2017 and was at its lowest, 943.67 per 1,000 adults, in 2004.
Latvia ranks 34th of 104 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Depositors with commercial banks in Latvia, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 943.67 per 1,000 adults | — |
| 2005 | 959.93 per 1,000 adults | +1.7% |
| 2006 | 1,058 per 1,000 adults | +10.2% |
| 2007 | 1,202 per 1,000 adults | +13.6% |
| 2008 | 1,248 per 1,000 adults | +3.8% |
| 2009 | 1,280 per 1,000 adults | +2.6% |
| 2010 | 1,389 per 1,000 adults | +8.5% |
| 2011 | 1,276 per 1,000 adults | -8.2% |
| 2012 | 1,327 per 1,000 adults | +4.0% |
| 2013 | 1,374 per 1,000 adults | +3.5% |
| 2014 | 1,350 per 1,000 adults | -1.8% |
| 2015 | 1,327 per 1,000 adults | -1.7% |
| 2016 | 1,265 per 1,000 adults | -4.7% |
| 2017 | 1,397 per 1,000 adults | +10.4% |
| 2018 | 1,341 per 1,000 adults | -4.0% |
| 2019 | 1,247 per 1,000 adults | -7.1% |
| 2020 | 1,259 per 1,000 adults | +1.0% |
| 2021 | 1,270 per 1,000 adults | +0.8% |
| 2022 | 1,266 per 1,000 adults | -0.3% |
| 2023 | 1,281 per 1,000 adults | +1.2% |
| 2024 | 1,275 per 1,000 adults | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,115 per 1,000 adults | 943.67 per 1,000 adults | 1,280 per 1,000 adults | 6 |
| 2010s | 1,329 per 1,000 adults | 1,247 per 1,000 adults | 1,397 per 1,000 adults | 10 |
| 2020s | 1,270 per 1,000 adults | 1,259 per 1,000 adults | 1,281 per 1,000 adults | 5 |
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 depositors with commercial banks in Latvia?
- Depositors with commercial banks in Latvia was 1,275 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest depositors with commercial banks recorded in Latvia?
- The highest recorded value was 1,397 per 1,000 adults in 2017.
- What is the lowest depositors with commercial banks recorded in Latvia?
- The lowest recorded value was 943.67 per 1,000 adults in 2004.
- How does Latvia rank for depositors with commercial banks?
- Latvia ranks 34th out of 104 countries with data for 2024.
- Is depositors with commercial banks rising or falling in Latvia?
- Over the last ten years it is down 5.5%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Depositors with commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Depositors with commercial banks are the reported number of deposit account holders, including both resident non-financial corporations (both public and private) and individuals from the household sector, at commercial banks within the reporting jurisdiction for every 1,000 adults. The major types of deposits are checking accounts, savings accounts, and time deposits.