Latvia Domestic Credit

Key information about Latvia Domestic Credit

• Latvia Domestic Credit reached 16.6 USD bn in Dec 2024, compared with a reported figure of 17.2 USD bn in the previous month
• Latvia Domestic Credit data is updated monthly
• It is available from Jul 2003 to Dec 2024 and averaged 17.0 USD bn
• The data reached an all-time high of 31.7 USD bn in Jul 2008 and a record low of 4.2 USD bn in Jul 2003

CEIC converts monthly Domestic Credit into USD. The International Monetary Fund provides Domestic Credit in EUR. The Federal Reserve Board period end market exchange rate is used for currency conversions. Domestic Credit prior to September 2010 is calculated as Credit to all residents less Deposits of Central Government sourced from the Bank of Latvia.


Further information about Latvia Domestic Credit

• In the latest reports, Latvia Domestic Credit represented an drop of 4.9 % YoY in Dec 2024
• Money Supply M2 in Latvia increased to 22.4 USD bn YoY in Jan 2025
• Latvia Foreign Exchange Reserves was measured at 3.9 USD bn in Jan 2025
• The Foreign Exchange Reserves equaled 2.1 Months of Import in Dec 2024
• The country's Non Performing Loans Ratio stood at 1.2 % in Sep 2024, compared with the ratio of 1.2 % in the previous quarter
• Household Debt of Latvia reached 22.0 % in Sep 2024, accounting for 22.0 % of the country's Nominal GDP

View Latvia's Domestic Credit from Jul 2003 to Dec 2024 in the chart:

What was Latvia's Domestic Credit in Dec 2024?

Latvia Domestic Credit reached 16.6 USD bn in Dec 2024, compared with a reported figure of 17.2 USD bn in the previous month See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
16,599.9 Dec 2024	17,239.1 Nov 2024	4,238.5 Jul 2003	31,699.6 Jul 2008	USD mn	monthly	Jul 2003 - Dec 2024

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