Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 in Latvia
Latvia: Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 was 17.61 in 2024. ▲ Rising
Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 in Latvia, 2004–2024
Source: International Monetary Fund.
Analysis
In 2024, harmonized euro area rates: loans, consumer credit and other, up to 1 in Latvia stood at 17.61.
Compared with earlier readings it is down 0.5% on the previous year and down 11.2% over ten years.
Over the whole period, harmonized euro area rates: loans, consumer credit and other, up to 1 in Latvia peaked at 20.62 in 2016 and was at its lowest, 5.1, in 2005.
Latvia ranks 1st of 23 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 21 years of available data.
Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 5.25 | — |
| 2005 | 5.1 | -2.7% |
| 2006 | 5.73 | +12.4% |
| 2007 | 7.59 | +32.4% |
| 2008 | 8.63 | +13.7% |
| 2009 | 6.97 | -19.2% |
| 2010 | 6.68 | -4.1% |
| 2011 | 7.8 | +16.7% |
| 2012 | 8.61 | +10.3% |
| 2013 | 10.55 | +22.6% |
| 2014 | 19.84 | +88.0% |
| 2015 | 20.36 | +2.7% |
| 2016 | 20.62 | +1.3% |
| 2017 | 19.69 | -4.5% |
| 2018 | 19.14 | -2.8% |
| 2019 | 18.05 | -5.7% |
| 2020 | 17.45 | -3.3% |
| 2021 | 17.08 | -2.1% |
| 2022 | 17.26 | +1.1% |
| 2023 | 17.69 | +2.5% |
| 2024 | 17.61 | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.54 | 5.1 | 8.63 | 6 |
| 2010s | 15.13 | 6.68 | 20.62 | 10 |
| 2020s | 17.42 | 17.08 | 17.69 | 5 |
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 harmonized euro area rates: loans, consumer credit and other, up to 1 in Latvia?
- Harmonized euro area rates: loans, consumer credit and other, up to 1 in Latvia was 17.61 in 2024, according to International Monetary Fund.
- What is the highest harmonized euro area rates: loans, consumer credit and other, up to 1 recorded in Latvia?
- The highest recorded value was 20.62 in 2016.
- What is the lowest harmonized euro area rates: loans, consumer credit and other, up to 1 recorded in Latvia?
- The lowest recorded value was 5.1 in 2005.
- How does Latvia rank for harmonized euro area rates: loans, consumer credit and other, up to 1?
- Latvia ranks 1st out of 23 countries with data for 2024.
- Is harmonized euro area rates: loans, consumer credit and other, up to 1 rising or falling in Latvia?
- Over the last ten years it is down 11.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 year Outstanding Amounts, Households, Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.