Latvia: Business credit
* indicates monthly or quarterly data series
The most recent value is 6.32 billion Euro as of December 2025, an increase compared to the previous value of 6.18 billion Euro. Historically, the average for Latvia from July 2003 to December 2025 is 5.78 billion Euro. The minimum of 1.78 billion Euro was recorded in July 2003, while the maximum of 9.84 billion Euro was reached in January 2009.
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* indicates monthly or quarterly data series
- Measure: billion Euro
- Source: Bank of Latvia
| Recent values | Latvia: Business credit, billion currency units |
|---|---|
| 2025 Dec | 6.32 |
| 2025 Nov | 6.18 |
| 2025 Oct | 6.11 |
| 2025 Sep | 5.76 |
| 2025 Aug | 5.78 |
| 2025 Jul | 5.62 |
| 2025 Jun | 5.43 |
| 2025 May | 5.32 |
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Definition: Business credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 1.3 | 2024 | percent |
| Exchange rate regimes | 7 | 2023 | index points |
| USD exchange rate | 0.8695 | 6/2026 | Local Currency Units per USD |
| Money supply (broad money) | 23.37 | 12/2025 | billion |
| Consumer Price Index (CPI) | 103.8500 | 6/2026 | index points |
| Inflation, monthly | 0.02 | 6/2026 | percent |
| Inflation, annual | 3.27 | 6/2026 | percent |
| Food and beverages inflation | -0.31 | 4/2026 | percent |
| Alcohol and tobacco inflation | 0.59 | 4/2026 | percent |
| Energy price inflation | 11.43 | 4/2026 | percent |
| Transport services inflation | 8.52 | 4/2026 | percent |
| Services inflation | 4.05 | 4/2026 | percent |
| Information and communication inflation | 2.07 | 4/2026 | percent |
| Restaurant and accommodation services inflation | 5.59 | 4/2026 | percent |
| Health care inflation | 4.63 | 4/2026 | percent |
| Education services inflation | 4.00 | 4/2026 | percent |
| Clothing and footwear inflation | 0.57 | 4/2026 | percent |
| Housing inflation | 5.33 | 4/2026 | percent |
| Private sector credit | 13.17 | 12/2025 | billion |
| Business credit | 6.32 | 12/2025 | billion |
| Household credit | 6.85 | 12/2025 | billion |
| Mortgage credit | 5.53 | 12/2025 | billion |
| Consumer credit | 1.32 | 12/2025 | billion |
| Deposit interest rate | 3.04 | 4/2024 | percent |
| Business credit interest rate | 6.21 | 9/2024 | percent |
| Mortgage credit interest rate | 7.75 | 9/2024 | percent |
| Bank deposits, total | 19.54 | 3/2026 | local currency units |
| Bank deposits, local currency | 18.39 | 3/2026 | local currency units |
| Bank deposits, foreign currency | 1.16 | 3/2026 | local currency units |