Net domestic credit (current LCU), per capita in Latvia
Latvia: Net domestic credit (current LCU), per capita was 8,595 current LCU per person in 2024. ▲ Rising
Net domestic credit (current LCU), per capita in Latvia, 2010–2024
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
Latvia recorded 8,595 current LCU per person for net domestic credit (current lcu), per capita in 2024.
Compared with earlier readings it is down 4.0% on the previous year and up 34.6% over ten years.
Over the whole period, net domestic credit (current lcu), per capita in Latvia peaked at 8,953 current LCU per person in 2023 and was at its lowest, 6,386 current LCU per person, in 2014.
Latvia ranks 159th of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Net domestic credit (current LCU), per capita in Latvia, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 2010 | 7,780 current LCU per person | — |
| 2011 | 7,808 current LCU per person | +0.4% |
| 2012 | 6,874 current LCU per person | -12.0% |
| 2013 | 6,822 current LCU per person | -0.8% |
| 2014 | 6,386 current LCU per person | -6.4% |
| 2015 | 7,147 current LCU per person | +11.9% |
| 2016 | 7,314 current LCU per person | +2.3% |
| 2017 | 7,416 current LCU per person | +1.4% |
| 2018 | 6,814 current LCU per person | -8.1% |
| 2019 | 6,885 current LCU per person | +1.0% |
| 2020 | 6,962 current LCU per person | +1.1% |
| 2021 | 7,921 current LCU per person | +13.8% |
| 2022 | 8,878 current LCU per person | +12.1% |
| 2023 | 8,953 current LCU per person | +0.8% |
| 2024 | 8,595 current LCU per person | -4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7,125 current LCU per person | 6,386 current LCU per person | 7,808 current LCU per person | 10 |
| 2020s | 8,262 current LCU per person | 6,962 current LCU per person | 8,953 current LCU per person | 5 |
Countries ranked near Latvia
- 156 Kuwait 9,517 current LCU per person compare
- 157 Bosnia and Herzegovina 9,434 current LCU per person compare
- 158 Bulgaria 9,126 current LCU per person compare
- 160 Zambia 7,869 current LCU per person compare
- 161 Ghana 7,823 current LCU per person compare
- 162 Bahrain 7,763 current LCU per person compare
More financial sector data for Latvia
- 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)
- Total reserves (gold at national valuation) (SDR), per capita 2,406 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 12.77 % change on previous year (2025)
Frequently asked questions
- What is net domestic credit (current lcu), per capita in Latvia?
- Net domestic credit (current lcu), per capita in Latvia was 8,595 current LCU per person in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per capita recorded in Latvia?
- The highest recorded value was 8,953 current LCU per person in 2023.
- What is the lowest net domestic credit (current lcu), per capita recorded in Latvia?
- The lowest recorded value was 6,386 current LCU per person in 2014.
- How does Latvia rank for net domestic credit (current lcu), per capita?
- Latvia ranks 159th out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), per capita rising or falling in Latvia?
- Over the last ten years it is up 34.6%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Net domestic credit (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ Population, total
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Net domestic credit (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.