Latvia: Business credit

* indicates monthly or quarterly data series
 Latvia

Business credit, billion currency units

 Latest value 4.81
 Reference December 2023
 Measure billion Euro
 Data availability July 2003 - December 2023
 Average 5.83
 Min - Max 1.78 - 9.84
 Source Bank of Latvia
For that indicator, we provide data for Latvia from July 2003 to December 2023. The average value for Latvia during that period was 5.83 billion Euro with a minimum of 1.78 billion Euro in July 2003 and a maximum of 9.84 billion Euro in January 2009. Click on the following link to see the values of Business credit, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
Latvia - Business credit - recent values

Historical chart
Latvia - Business credit - historical chart - 2003-2023
Measure: billion Euro
Source: Bank of Latvia


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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 value Reference Measure
 Inflation 17.3 2022 percent
 Money supply (broad money) 19.71 9/2023 billion
 Consumer Price Index (CPI) 143.4800 9/2023 index points
 Inflation, monthly -0.50 9/2023 percent
 Inflation, annual 3.55 9/2023 percent
 Private sector credit 10.60 9/2023 billion
 Business credit 4.85 9/2023 billion
 Household credit 5.75 9/2023 billion
 Mortgage credit 4.77 9/2023 billion
 Consumer credit 0.99 9/2023 billion
 Deposit interest rate 3.20 9/2023 percent
 Business credit interest rate 6.35 9/2023 percent
 Mortgage credit interest rate 7.75 9/2023 percent
 USD exchange rate 0.9368 9/2023 Local Currency Units per USD
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