Financial Sector in Latvia 35 indicators covering financial sector for Latvia. IndicatorLatest Year10-yr change Rank Net migration -7,330 2025 up 32.3% 144th Total reserves in months of imports 2.02 2025 down 10.1% 136th Net domestic credit 16.04 billion current LCU 2024 up 26.0% 157th Domestic credit to private sector by banks 29.3% 2024 down 44.9% 116th Net foreign assets 9.50 billion current LCU 2024 up 334.2% 143rd Claims on central government, etc. 3.5% 2024 up 242.6% 135th Monetary Sector credit to private sector 29.3% 2024 down 44.9% 115th Domestic credit to private sector 29.3% 2024 down 44.9% 120th Official exchange rate 0.885 LCU per US$, period average 2025 down 1.8% 181st GDP deflator: linked series 133.57 base year varies by country 2025 up 52.9% 111th Inflation, GDP deflator: linked series 3.6% 2025 up 836.7% 94th Consumer price index 162.39 2010 = 100 2025 up 51.0% 90th Listed domestic companies, total 56 2003 up 229.4% 68th Commercial bank branches 4.44 per 100,000 adults 2024 down 78.2% 147th Stocks traded, total value 1.2% 2004 up 322,755.0% 65th Stocks traded, total value 159.20 million current US$ 2004 up 795,900.0% 78th Automated teller machines (ATMs) 55.86 per 100,000 adults 2024 down 11.1% 65th Real effective exchange rate index 117.3 2010 = 100 2025 up 19.5% 22nd Bank nonperforming loans to total gross loans 2.5% 2025 down 46.8% 96th International migrant stock 11.8% 2024 down 11.9% 72nd International migrant stock, total 220,471 2024 down 16.9% 111th Bank capital to assets ratio 8.9% 2025 down 1.6% 77th Borrowers from commercial banks 304.1 per 1,000 adults 2024 down 13.5% 40th Depositors with commercial banks 1,275 per 1,000 adults 2024 down 5.5% 34th S&P Global Equity Indices 3.6% 2020 down 90.9% 12th Account ownership at a financial institution or with a mobile-money-se 95.0% 2024 up 5.3% 26th Account ownership at a financial institution or with a mobile-money-se 95.6% 2024 up 4.4% 28th Account ownership at a financial institution or with a mobile-money-se 89.7% 2024 up 10.3% 32nd Account ownership at a financial institution or with a mobile-money-se 94.4% 2024 up 4.6% 28th Account ownership at a financial institution or with a mobile-money-se 95.4% 2024 up 5.8% 26th Account ownership at a financial institution or with a mobile-money-se 85.7% 2024 up 15.4% 27th Account ownership at a financial institution or with a mobile-money-se 97.5% 2024 up 2.7% 24th Account ownership at a financial institution or with a mobile-money-se 97.2% 2024 up 4.9% 24th Account ownership at a financial institution or with a mobile-money-se 91.6% 2024 up 5.9% 24th Average transaction cost of sending remittances to a specific country 2.1% 2021 down 56.0% 70th