Bank pre-tax ROE fell 20.0% yoy to 20.0% in Latvia in 2Q2024, according to the National Central Bank. This is 7.74% less than in the previous quarter.
Historically, bank pre-tax ROE in Latvia reached an all time high of 26.0% in 3Q2023 and an all time low of -10.4% in 4Q2011.
Latvia has been ranked 15th within the group of 60 countries we follow in terms of bank pre-tax ROE, 54 places above the position seen 10 years ago.
| Bank Pre-Tax Return on Equity (Pre-Tax ROE) | Unit | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 |
| Belarus | % | 16.0% | 17.8% | 19.8% | 18.5% | 19.3% | ||||||||||||||||
| China | % | ... | ... | ... | 9.45% | ... | ... | ... | ||||||||||||||
| Estonia | % | 14.2% | 20.0% | 20.6% | 20.9% | 21.4% | ||||||||||||||||
| Finland | % | 9.49% | 14.2% | 14.6% | 15.1% | 14.5% | ||||||||||||||||
| Germany | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Japan | % | ... | ... | ... | ... | ... | ... | ... | ... | 5.76% | ... | 7.74% | ... | ... | ||||||||
| Latvia | % | 12.3% | 21.0% | 25.0% | 26.0% | 21.2% | ||||||||||||||||
| Lithuania | % | 14.2% | 30.8% | 29.7% | 28.2% | ... | ... | ... | ||||||||||||||
| Poland | % | 5.42% | 6.57% | 7.56% | 11.9% | 11.8% | ... | |||||||||||||||
| Russia | % | 1.82% | 12.1% | 29.1% | ... | ... | ... | ... | ||||||||||||||
| USA | % | 12.1% | 14.5% | 13.5% | 13.2% | 11.4% | ... | |||||||||||||||
| Ukraine | % | 11.0% | 58.4% | 55.9% | 56.7% | 31.7% |
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