Financial Markets Depth Index in Latvia
Latvia: Financial Markets Depth Index was 0.0452 in 2020. β Volatile
Financial Markets Depth Index in Latvia, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial markets depth index in Latvia stood at 0.0452.
That represents a change of up 2.1% on the previous year and up 4.5% over ten years.
Over the whole period, financial markets depth index in Latvia peaked at 0.0762 in 2007 and was at its lowest, 0, in 1980.
Latvia ranks 108th of 183 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0.0073 | 0 | 0.0163 | 10 |
| 2000s | 0.0356 | 0.0113 | 0.0762 | 10 |
| 2010s | 0.0413 | 0.03 | 0.0505 | 10 |
| 2020s | 0.0452 | 0.0452 | 0.0452 | 1 |
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)
- Domestic credit to private sector by banks 29.3% (2024)
Frequently asked questions
- What is financial markets depth index in Latvia?
- Financial markets depth index in Latvia was 0.0452 in 2020, according to International Monetary Fund.
- What is the highest financial markets depth index recorded in Latvia?
- The highest recorded value was 0.0762 in 2007.
- What is the lowest financial markets depth index recorded in Latvia?
- The lowest recorded value was 0 in 1980.
- How does Latvia rank for financial markets depth index?
- Latvia ranks 108th out of 183 countries with data for 2020.
- Is financial markets depth index rising or falling in Latvia?
- Over the last ten years it is up 4.5%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Financial Markets Depth Index. Statizoid updates them automatically from the source API.
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About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.