Latvia: Liquid liabilities, percent of GDP

* indicates monthly or quarterly data series

Liquid liabilities, percent of GDP

 Latest value 73.87
 Year 2021
 Measure percent
 Data availability 2010 - 2021
 Average 59.45
 Min - Max 42.78 - 76.39
 Source The International Monetary Fund
For that indicator, we provide data for Latvia from 2010 to 2021. The average value for Latvia during that period was 59.45 percent with a minimum of 42.78 percent in 2013 and a maximum of 76.39 percent in 2020. The latest value from 2021 is 73.87 percent. For comparison, the world average in 2021 based on 134 countries is 82.43 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 - Liquid liabilities, percent of GDP - recent values

Historical chart
Latvia - Liquid liabilities, percent of GDP - historical chart - 2010-2021

Definition: Ratio of liquid liabilities to GDP. Liquid liabilities are also known as broad money, or M3. They are the sum of currency and deposits in the central bank (M0), plus transferable deposits and electronic currency (M1), plus time and savings deposits, foreign currency transferable deposits, certificates of deposit, and securities repurchase agreements (M2), plus travelers checks, foreign currency time deposits, commercial paper, and shares of mutual funds or market funds held by residents.

 Related indicators Latest value Reference Measure
 ATMs per 100,000 adults 57.87 2021 ATMs per 100,000 adults
 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 28.61 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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