Latvia: Business credit interest rate

* indicates monthly or quarterly data series
 Latvia

Business credit interest rate, percent

 Latest value 6.47
 Reference December 2023
 Measure percent
 Data availability January 2004 - December 2023
 Average 4
 Min - Max 2.56 - 7.62
 Source Bank of Latvia
For that indicator, we provide data for Latvia from January 2004 to December 2023. The average value for Latvia during that period was 4 percent with a minimum of 2.56 percent in February 2017 and a maximum of 7.62 percent in August 2008. Click on the following link to see the values of Business credit interest rate, percent around the world.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Latvia - Business credit interest rate - recent values

Historical chart
Latvia - Business credit interest rate - historical chart - 2004-2023
Measure: percent
Source: Bank of Latvia


Download data from our database


Definition: The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.

 Related indicators Latest value Reference Measure
 Inflation 17.3 2022 percent
 Exchange rate regimes 7 2021 index points
 USD exchange rate 0.9368 9/2023 Local Currency Units per USD
 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
This site uses cookies.
Learn more here


OK