Consumer loans as a share of gdp reached 4.38% in second quarter of 2023 in Latvia, according to the National Central Bank. This is 16.3% less than in the previous quarter.
Historically, consumer loans as a share of GDP in Latvia reached an all time high of 6.79% in 3Q2014 and an all time low of 4.16% in 1Q2021.
Latvia has been ranked 27th within the group of 31 countries we follow in terms of consumer loans as a share of GDP.
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