Latvia: Deposit interest rate

* indicates monthly or quarterly data series
 Latvia

Bank deposit interest rate, percent

 Latest value 3.27
 Reference December 2023
 Measure percent
 Data availability January 2004 - December 2023
 Average 1.43
 Min - Max 0.06 - 4.72
 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 1.43 percent with a minimum of 0.06 percent in March 2022 and a maximum of 4.72 percent in July 2008. Click on the following link to see the values of Bank deposit interest rate, percent around the world.
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* indicates monthly or quarterly data series


Recent values chart
Latvia - Deposit interest rate - recent values

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


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Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.

 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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