Harmonized Euro area rates: Loans, New Business, Consumption floating in Latvia
Latvia: Harmonized Euro area rates: Loans, New Business, Consumption floating was 12.84 in 2024. ▲ Rising
Harmonized Euro area rates: Loans, New Business, Consumption floating in Latvia, 2004–2024
Source: International Monetary Fund.
Analysis
Latvia recorded 12.84 for harmonized euro area rates: loans, new business, consumption floating in 2024.
The figure is down 2.4% on the previous year and down 36.9% over ten years.
Over the whole period, harmonized euro area rates: loans, new business, consumption floating in Latvia peaked at 20.34 in 2014 and was at its lowest, 5.09, in 2005.
The long-run direction has been consistently rising across the 21 years of available data.
Harmonized Euro area rates: Loans, New Business, Consumption floating in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 6.29 | — |
| 2005 | 5.09 | -18.9% |
| 2006 | 5.64 | +10.7% |
| 2007 | 6.94 | +23.0% |
| 2008 | 9.05 | +30.5% |
| 2009 | 11.37 | +25.6% |
| 2010 | 12.23 | +7.6% |
| 2011 | 11.98 | -2.1% |
| 2012 | 7.23 | -39.6% |
| 2013 | 12.06 | +66.7% |
| 2014 | 20.34 | +68.7% |
| 2015 | 19.49 | -4.2% |
| 2016 | 20.17 | +3.5% |
| 2017 | 17.82 | -11.7% |
| 2018 | 17.15 | -3.8% |
| 2019 | 16.61 | -3.1% |
| 2020 | 16.1 | -3.1% |
| 2021 | 15.04 | -6.6% |
| 2022 | 13.75 | -8.5% |
| 2023 | 13.15 | -4.3% |
| 2024 | 12.84 | -2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.4 | 5.09 | 11.37 | 6 |
| 2010s | 15.51 | 7.23 | 20.34 | 10 |
| 2020s | 14.18 | 12.84 | 16.1 | 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, new business, consumption floating in Latvia?
- Harmonized euro area rates: loans, new business, consumption floating in Latvia was 12.84 in 2024, according to International Monetary Fund.
- What is the highest harmonized euro area rates: loans, new business, consumption floating recorded in Latvia?
- The highest recorded value was 20.34 in 2014.
- What is the lowest harmonized euro area rates: loans, new business, consumption floating recorded in Latvia?
- The lowest recorded value was 5.09 in 2005.
- How does Latvia rank for harmonized euro area rates: loans, new business, consumption floating?
- Latvia ranks 3rd out of 19 countries with data for 2024.
- Is harmonized euro area rates: loans, new business, consumption floating rising or falling in Latvia?
- Over the last ten years it is down 36.9%. 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, New Business, Consumption floating rate, Households, Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.