Cyprus vs Latvia: Bank or similar financial institution account

Cyprus
96.1%
in 2024
Latvia
95.0%
in 2024
Cyprus rank
25th
Latvia rank
26th

Bank or similar financial institution account over time

  • Cyprus
  • Latvia
020406080100201120172024

How they compare

Cyprus currently reports 96.1% against 95.0% in Latvia, a difference of 1.1%.

The two have swapped places 1 time across 5 shared years of data; in 2011 it was Latvia ahead.

Cyprus ranks 25th and Latvia ranks 26th of 115 countries.

Latvia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Cyprus Latvia Difference Ahead
2010s 88.0% 91.0% 3.0% Latvia
2020s 94.6% 95.8% 1.2% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank or similar financial institution account, Cyprus or Latvia?
Cyprus, at 96.1% against 95.0% in Latvia as of 2024.
What is the difference in bank or similar financial institution account between Cyprus and Latvia?
1.1%, with Cyprus ahead.
How many years of comparable data are there for Cyprus and Latvia?
5 years are reported by both, from 2011 to 2024.
How do Cyprus and Latvia rank globally for bank or similar financial institution account?
Cyprus ranks 25th and Latvia ranks 26th of 115 countries.
Where does this data come from?
Global Findex Database, published as Bank or similar financial institution account (% age 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Latvia: Bank or similar financial institution account. Statizoid, drawing on Global Findex Database. Retrieved 04 September 2026, from https://reference.statizoid.com/compare/bank-or-similar-financial-institution-account-percent-age-15/cyprus/latvia/

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About this data

Indicator
Bank or similar financial institution account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
127 places, 635 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another similar financial institution, (% age 15+)