Bank loans as a share of gdp reached 63.9% in 2021 in Latvia, according to the National Central Bank. This is 48.9% more than in the previous year.
Historically, bank loans as a share of GDP in Latvia reached an all time high of 134% in 2009 and an all time low of 6.88% in 1996.
Latvia has been ranked 31st within the group of 71 countries we follow in terms of bank loans as a share of GDP.
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