Outstanding Deposits, Commercial Banks, of Which: Household Sector in Latvia
Latvia: Outstanding Deposits, Commercial Banks, of Which: Household Sector was 11.21 billion in 2024. ▲ Rising
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Latvia, 2004–2024
Source: International Monetary Fund.
Analysis
The most recent figure for outstanding deposits, commercial banks, of which: household sector in Latvia is 11.21 billion, measured in 2024. That is the highest value across all 21 years on record.
That represents a change of up 8.8% on the previous year and up 115.9% over ten years.
Over the whole period, outstanding deposits, commercial banks, of which: household sector in Latvia peaked at 11.21 billion in 2024 and was at its lowest, 1.83 billion, in 2004.
Latvia ranks 105th of 127 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 1.83 billion | — |
| 2005 | 3.84 billion | +110.0% |
| 2006 | 3.84 billion | +0.0% |
| 2007 | 4.41 billion | +15.0% |
| 2008 | 4.18 billion | -5.3% |
| 2009 | 4.08 billion | -2.4% |
| 2010 | 4.18 billion | +2.5% |
| 2011 | 4.15 billion | -0.6% |
| 2012 | 4.24 billion | +2.1% |
| 2013 | 4.80 billion | +13.3% |
| 2014 | 5.19 billion | +8.1% |
| 2015 | 5.52 billion | +6.3% |
| 2016 | 6.00 billion | +8.8% |
| 2017 | 6.50 billion | +8.2% |
| 2018 | 7.06 billion | +8.7% |
| 2019 | 7.58 billion | +7.3% |
| 2020 | 8.56 billion | +12.9% |
| 2021 | 9.86 billion | +15.2% |
| 2022 | 10.37 billion | +5.2% |
| 2023 | 10.29 billion | -0.7% |
| 2024 | 11.21 billion | +8.8% |
Latvia compared with similar countries
- Latvia's 11.21 billion is below the median for high income countries, which is 396.25 billion, 3% of the median. (51 countries reporting)
- Latvia's 11.21 billion is below the median for Europe & Central Asia, which is 420.44 billion, 3% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Outstanding Deposits, Commercial Banks, of Which: Household Sector 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 |
|---|---|---|---|
| 2005 | +110.0% | 1.83 billion | 3.84 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.69 billion | 1.83 billion | 4.41 billion | 6 |
| 2010s | 5.52 billion | 4.15 billion | 7.58 billion | 10 |
| 2020s | 10.06 billion | 8.56 billion | 11.21 billion | 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 outstanding deposits, commercial banks, of which: household sector in Latvia?
- Outstanding deposits, commercial banks, of which: household sector in Latvia was 11.21 billion in 2024, according to International Monetary Fund.
- What is the highest outstanding deposits, commercial banks, of which: household sector recorded in Latvia?
- The highest recorded value was 11.21 billion in 2024.
- What is the lowest outstanding deposits, commercial banks, of which: household sector recorded in Latvia?
- The lowest recorded value was 1.83 billion in 2004.
- How does Latvia rank for outstanding deposits, commercial banks, of which: household sector?
- Latvia ranks 105th out of 127 countries with data for 2024.
- Is outstanding deposits, commercial banks, of which: household sector rising or falling in Latvia?
- Over the last ten years it is up 115.9%. 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 Outstanding Deposits, Commercial Banks, of Which: Household Sector Deposits. Statizoid updates them automatically from the source API.
Download this data
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About this data
Gender-disaggregated data on access to and use of financial services.