Number of Household Sector Borrowers at Commercial Banks per 1,000 in Latvia
Latvia: Number of Household Sector Borrowers at Commercial Banks per 1,000 was 295.32 in 2024. ▼ Falling
Number of Household Sector Borrowers at Commercial Banks per 1,000 in Latvia, 2008–2024
Source: International Monetary Fund.
Analysis
In 2024, number of household sector borrowers at commercial banks per 1,000 in Latvia stood at 295.32.
That represents a change of up 5.1% on the previous year and down 13.0% over ten years.
Over the whole period, number of household sector borrowers at commercial banks per 1,000 in Latvia peaked at 364.4 in 2016 and was at its lowest, 279.48, in 2022.
Latvia ranks 34th of 89 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Number of Household Sector Borrowers at Commercial Banks per 1,000 in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 318.78 | — |
| 2009 | 313.81 | -1.6% |
| 2010 | 342.41 | +9.1% |
| 2011 | 338.17 | -1.2% |
| 2012 | 338.42 | +0.1% |
| 2013 | 331.35 | -2.1% |
| 2014 | 339.52 | +2.5% |
| 2015 | 355.87 | +4.8% |
| 2016 | 364.4 | +2.4% |
| 2017 | 317.48 | -12.9% |
| 2018 | 312.29 | -1.6% |
| 2019 | 302.32 | -3.2% |
| 2020 | 286.38 | -5.3% |
| 2021 | 283.05 | -1.2% |
| 2022 | 279.48 | -1.3% |
| 2023 | 280.95 | +0.5% |
| 2024 | 295.32 | +5.1% |
Latvia compared with similar countries
- Latvia's 295.32 is below the median for high income countries, which is 346.83, 85% of the median. (27 countries reporting)
- Latvia's 295.32 is below the median for Europe & Central Asia, which is 395.23, 75% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 316.29 | 313.81 | 318.78 | 2 |
| 2010s | 334.22 | 302.32 | 364.4 | 10 |
| 2020s | 285.04 | 279.48 | 295.32 | 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 number of household sector borrowers at commercial banks per 1,000 in Latvia?
- Number of household sector borrowers at commercial banks per 1,000 in Latvia was 295.32 in 2024, according to International Monetary Fund.
- What is the highest number of household sector borrowers at commercial banks per 1,000 recorded in Latvia?
- The highest recorded value was 364.4 in 2016.
- What is the lowest number of household sector borrowers at commercial banks per 1,000 recorded in Latvia?
- The lowest recorded value was 279.48 in 2022.
- How does Latvia rank for number of household sector borrowers at commercial banks per 1,000?
- Latvia ranks 34th out of 89 countries with data for 2024.
- Is number of household sector borrowers at commercial banks per 1,000 rising or falling in Latvia?
- Over the last ten years it is down 13.0%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Number of Household Sector Borrowers at Commercial Banks per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.