Latvia: Mortgage credit interest rate

* indicates monthly or quarterly data series
 Latvia

Mortgage credit interest rate, percent

 Latest value 7.85
 Reference May 2024
 Measure percent
 Data availability January 2004 - May 2024
 Average 5.39
 Min - Max 2.95 - 13.63
 Source Bank of Latvia
For that indicator, we provide data for Latvia from January 2004 to May 2024. The average value for Latvia during that period was 5.39 percent with a minimum of 2.95 percent in November 2013 and a maximum of 13.63 percent in March 2009. Click on the following link to see the values of Mortgage credit interest rate, percent around the world.
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* indicates monthly or quarterly data series


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

Historical chart
Latvia - Mortgage credit interest rate - historical chart - 2004-2024
Measure: percent
Source: Bank of Latvia


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Definition: The mortgage credit interest rate is the average interest rate on mortgage loan products offered to individuals and households by the commercial banks in the country. The mortgage credit is a loan used to finance the purchase of real estate.

 Related indicators Latest value Reference Measure
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 Exchange rate regimes 7 2021 index points
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 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
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