Retail loans as a share of gdp reached 16.7% in second quarter of 2023 in Latvia, according to the National Central Bank. This is 1.47% more than in the previous quarter.
Historically, retail loans as a share of GDP in Latvia reached an all time high of 52.5% in 1Q2009 and an all time low of 11.4% in 1Q2004.
Latvia has been ranked 32nd within the group of 33 countries we follow in terms of retail loans as a share of GDP.
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