Foreign bank assets among total bank assets (%) in Latvia
Latvia: Foreign bank assets among total bank assets (%) was 58.0% in 2013. ▬ Flat
Foreign bank assets among total bank assets in Latvia, 2005–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
The most recent figure for foreign bank assets among total bank assets in Latvia is 58.0%, measured in 2013. That is the lowest value across all 9 years on record.
That represents a change of down 3.3% on the previous year and unchanged over ten years.
Over the whole period, foreign bank assets among total bank assets in Latvia peaked at 68.0% in 2009 and was at its lowest, 58.0%, in 2005.
Latvia ranks 41st of 128 countries on this measure, in the middle of the range.
Foreign bank assets among total bank assets (%) in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 58.0% | — |
| 2006 | 64.0% | +10.3% |
| 2007 | 65.0% | +1.6% |
| 2008 | 67.0% | +3.1% |
| 2009 | 68.0% | +1.5% |
| 2010 | 66.0% | -2.9% |
| 2011 | 60.0% | -9.1% |
| 2012 | 60.0% | +0.0% |
| 2013 | 58.0% | -3.3% |
Latvia compared with similar countries
- Latvia's 58.0% is above the median for high income countries, which is 23.0%, 2.5× the median. (51 countries reporting)
- Latvia's 58.0% is above the median for Europe & Central Asia, which is 29.5%, 2.0× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 64.4% | 58.0% | 68.0% | 5 |
| 2010s | 61.0% | 58.0% | 66.0% | 4 |
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 foreign bank assets among total bank assets in Latvia?
- Foreign bank assets among total bank assets in Latvia was 58.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign bank assets among total bank assets recorded in Latvia?
- The highest recorded value was 68.0% in 2009.
- What is the lowest foreign bank assets among total bank assets recorded in Latvia?
- The lowest recorded value was 58.0% in 2005.
- How does Latvia rank for foreign bank assets among total bank assets?
- Latvia ranks 41st out of 128 countries with data for 2013.
- Is foreign bank assets among total bank assets rising or falling in Latvia?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Latvia data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign bank assets among total bank assets (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the total banking assets that are held by foreign banks. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.