Harmonized Euro area rates, New business: Deposits agreed maturity in Latvia
Latvia: Harmonized Euro area rates, New business: Deposits agreed maturity was 3.05 in 2024. ◆ Volatile
Harmonized Euro area rates, New business: Deposits agreed maturity in Latvia, 2004–2024
Source: International Monetary Fund.
Analysis
The most recent figure for harmonized euro area rates, new business: deposits agreed maturity in Latvia is 3.05, measured in 2024.
That represents a change of up 14.5% on the previous year and up 704.8% over ten years.
Over the whole period, harmonized euro area rates, new business: deposits agreed maturity in Latvia peaked at 4.31 in 2008 and was at its lowest, 0.2842, in 2015.
That places Latvia 8th out of 24 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Harmonized Euro area rates, New business: Deposits agreed maturity in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 2.23 | — |
| 2005 | 2.02 | -9.4% |
| 2006 | 2.6 | +28.7% |
| 2007 | 3.76 | +44.5% |
| 2008 | 4.31 | +14.5% |
| 2009 | 2.97 | -31.1% |
| 2010 | 1.81 | -39.0% |
| 2011 | 1.7 | -6.2% |
| 2012 | 0.7967 | -53.1% |
| 2013 | 0.4067 | -49.0% |
| 2014 | 0.3792 | -6.8% |
| 2015 | 0.2842 | -25.1% |
| 2016 | 0.3483 | +22.6% |
| 2017 | 0.4367 | +25.4% |
| 2018 | 0.6558 | +50.2% |
| 2019 | 0.5758 | -12.2% |
| 2020 | 0.4208 | -26.9% |
| 2021 | 0.3133 | -25.5% |
| 2022 | 0.3692 | +17.8% |
| 2023 | 2.66 | +621.7% |
| 2024 | 3.05 | +14.5% |
Latvia compared with similar countries
- Latvia's 3.05 is above the median for Europe & Central Asia, which is 2.75, 1.1× the median. (23 countries reporting)
- Latvia's 3.05 is above the median for high income countries, which is 2.69, 1.1× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Harmonized Euro area rates, New business: Deposits agreed maturity in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +621.7% | 0.3692 | 2.66 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.98 | 2.02 | 4.31 | 6 |
| 2010s | 0.7391 | 0.2842 | 1.81 | 10 |
| 2020s | 1.36 | 0.3133 | 3.05 | 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, new business: deposits agreed maturity in Latvia?
- Harmonized euro area rates, new business: deposits agreed maturity in Latvia was 3.05 in 2024, according to International Monetary Fund.
- What is the highest harmonized euro area rates, new business: deposits agreed maturity recorded in Latvia?
- The highest recorded value was 4.31 in 2008.
- What is the lowest harmonized euro area rates, new business: deposits agreed maturity recorded in Latvia?
- The lowest recorded value was 0.2842 in 2015.
- How does Latvia rank for harmonized euro area rates, new business: deposits agreed maturity?
- Latvia ranks 8th out of 24 countries with data for 2024.
- Is harmonized euro area rates, new business: deposits agreed maturity rising or falling in Latvia?
- Over the last ten years it is up 704.8%. 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 Harmonized Euro area rates, New business: Deposits agreed maturity, Up to 1 year New Business, 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.