External loans and deposits of reporting banks vis-à-vis the in Latvia
Latvia: External loans and deposits of reporting banks vis-à-vis the was 9.1% in 2021. ◆ Volatile
External loans and deposits of reporting banks vis-à-vis the in Latvia, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
The most recent figure for external loans and deposits of reporting banks vis-à-vis the in Latvia is 9.1%, measured in 2021.
Compared with earlier readings it is down 15.8% on the previous year and up 98.7% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis the in Latvia peaked at 29.3% in 1999 and was at its lowest, 3.0%, in 2007.
That places Latvia 90th out of 180 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External loans and deposits of reporting banks vis-à-vis the in Latvia, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 15.7% | — |
| 1996 | 22.8% | +45.2% |
| 1997 | 23.7% | +4.0% |
| 1998 | 26.8% | +13.4% |
| 1999 | 29.3% | +9.3% |
| 2000 | 22.4% | -23.6% |
| 2001 | 14.7% | -34.3% |
| 2002 | 9.4% | -36.2% |
| 2003 | 8.2% | -12.2% |
| 2004 | 5.0% | -39.5% |
| 2005 | 4.8% | -3.3% |
| 2006 | 3.5% | -28.0% |
| 2007 | 3.0% | -12.5% |
| 2008 | 4.2% | +39.3% |
| 2010 | 5.8% | +36.0% |
| 2011 | 4.6% | -20.0% |
| 2012 | 5.2% | +13.8% |
| 2013 | 5.8% | +11.0% |
| 2014 | 8.7% | +49.3% |
| 2015 | 7.5% | -13.3% |
| 2016 | 11.0% | +46.6% |
| 2017 | 12.1% | +9.3% |
| 2018 | 10.7% | -11.1% |
| 2019 | 11.0% | +2.7% |
| 2020 | 10.9% | -1.3% |
| 2021 | 9.1% | -15.8% |
Latvia compared with similar countries
- Latvia's 9.1% is below the median for high income countries, which is 9.4%, 97% of the median. (59 countries reporting)
- Latvia's 9.1% is above the median for Europe & Central Asia, which is 7.1%, 1.3× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.7% | 15.7% | 29.3% | 5 |
| 2000s | 8.4% | 3.0% | 22.4% | 9 |
| 2010s | 8.2% | 4.6% | 12.1% | 10 |
| 2020s | 10.0% | 9.1% | 10.9% | 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 external loans and deposits of reporting banks vis-à-vis the in Latvia?
- External loans and deposits of reporting banks vis-à-vis the in Latvia was 9.1% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis the recorded in Latvia?
- The highest recorded value was 29.3% in 1999.
- What is the lowest external loans and deposits of reporting banks vis-à-vis the recorded in Latvia?
- The lowest recorded value was 3.0% in 2007.
- How does Latvia rank for external loans and deposits of reporting banks vis-à-vis the?
- Latvia ranks 90th out of 180 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis the rising or falling in Latvia?
- Over the last ten years it is up 98.7%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Bank for International Settlements (BIS), published as part of External loans and deposits of reporting banks vis-à-vis the nonbanking sectors (% of domestic bank deposits). Statizoid updates them automatically from the source API.
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About this data
Data is from BIS Statistical Appendix Table 7B: External loans and deposits of reporting banks vis-à-vis nonbanking sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.