Latvia: Bank assets to GDP

* indicates monthly or quarterly data series

Bank assets, percent of GDP

 Latest value 35.38
 Year 2021
 Measure percent
 Data availability 1995 - 2021
 Average 47.94
 Min - Max 11.44 - 99.11
 Source The International Monetary Fund
For that indicator, we provide data for Latvia from 1995 to 2021. The average value for Latvia during that period was 47.94 percent with a minimum of 11.44 percent in 1996 and a maximum of 99.11 percent in 2010. The latest value from 2021 is 35.38 percent. For comparison, the world average in 2021 based on 140 countries is 71.17 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Latvia - Bank assets to GDP - Recent values chart

Historical chart
Latvia - Bank assets to GDP - historical chart - 1995-2021

Definition: Total assets held by deposit money banks as a share of GDP. Assets include claims on domestic real nonfinancial sector which includes central, state and local governments, nonfinancial public enterprises and private sector. Deposit money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits.

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 Bank accounts per 1000 adults 1,282.10 2021 bank accounts
 Bank branches per 100,000 people 6.64 2021 bank branches
 Firms using credit to finance investment 20.00 2019 percent
 Small firms with bank credit 23.50 2019 percent
 Percent people with credit cards 17.08 2021 percent
 Percent people with debit cards 88.53 2021 percent
 Domestic credit to the private sector 34.42 2020 percent
 Bank credit to the private sector 28.78 2022 percent
 Liquid liabilities, percent of GDP 73.87 2021 percent
 Bank assets to GDP 35.38 2021 percent
 Financial system deposits, percent of GDP 50.68 2021 percent
 Bank credit to government 3.31 2020 percent
 Banking system concentration 74.56 2021 percent
 Foreign bank assets 58.00 2013 percent of total bank assets
 Percent people with bank accounts 96.62 2021 percent
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