28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP in Latvia
Latvia: 28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP was 0.0631 units per US$ of GDP in 2025. ◆ Volatile
28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
In 2025, 28_cross-border dep. with bis banks, nonbanks, per unit of gdp in Latvia stood at 0.0631 units per US$ of GDP.
Compared with earlier readings it is down 15.6% on the previous year and up 171.2% over ten years.
Over the whole period, 28_cross-border dep. with bis banks, nonbanks, per unit of gdp in Latvia peaked at 0.0748 units per US$ of GDP in 2024 and was at its lowest, 0.0119 units per US$ of GDP, in 2007.
Latvia ranks 73rd of 204 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP in Latvia, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.0193 units per US$ of GDP | — |
| 1996 | 0.02 units per US$ of GDP | +3.9% |
| 1997 | 0.0263 units per US$ of GDP | +31.5% |
| 1998 | 0.0363 units per US$ of GDP | +37.9% |
| 1999 | 0.0415 units per US$ of GDP | +14.4% |
| 2000 | 0.0423 units per US$ of GDP | +1.8% |
| 2001 | 0.0353 units per US$ of GDP | -16.5% |
| 2002 | 0.0236 units per US$ of GDP | -33.2% |
| 2003 | 0.0205 units per US$ of GDP | -13.2% |
| 2004 | 0.0165 units per US$ of GDP | -19.4% |
| 2005 | 0.0161 units per US$ of GDP | -2.6% |
| 2006 | 0.0151 units per US$ of GDP | -5.9% |
| 2007 | 0.0119 units per US$ of GDP | -21.3% |
| 2008 | 0.0153 units per US$ of GDP | +28.3% |
| 2009 | 0.0176 units per US$ of GDP | +15.5% |
| 2010 | 0.0215 units per US$ of GDP | +21.8% |
| 2011 | 0.023 units per US$ of GDP | +6.9% |
| 2012 | 0.0203 units per US$ of GDP | -11.5% |
| 2013 | 0.0227 units per US$ of GDP | +11.8% |
| 2014 | 0.0262 units per US$ of GDP | +15.2% |
| 2015 | 0.0233 units per US$ of GDP | -11.1% |
| 2016 | 0.0348 units per US$ of GDP | +49.5% |
| 2017 | 0.0428 units per US$ of GDP | +23.0% |
| 2018 | 0.0354 units per US$ of GDP | -17.3% |
| 2019 | 0.0745 units per US$ of GDP | +110.8% |
| 2020 | 0.0354 units per US$ of GDP | -52.5% |
| 2021 | 0.0388 units per US$ of GDP | +9.4% |
| 2022 | 0.0405 units per US$ of GDP | +4.4% |
| 2023 | 0.044 units per US$ of GDP | +8.6% |
| 2024 | 0.0748 units per US$ of GDP | +70.3% |
| 2025 | 0.0631 units per US$ of GDP | -15.6% |
Latvia compared with similar countries
- Latvia's 0.0631 units per US$ of GDP is below the median for high income countries, which is 0.0811 units per US$ of GDP, 78% of the median. (77 countries reporting)
- Latvia's 0.0631 units per US$ of GDP is above the median for Europe & Central Asia, which is 0.0477 units per US$ of GDP, 1.3× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0287 units per US$ of GDP | 0.0193 units per US$ of GDP | 0.0415 units per US$ of GDP | 5 |
| 2000s | 0.0214 units per US$ of GDP | 0.0119 units per US$ of GDP | 0.0423 units per US$ of GDP | 10 |
| 2010s | 0.0324 units per US$ of GDP | 0.0203 units per US$ of GDP | 0.0745 units per US$ of GDP | 10 |
| 2020s | 0.0494 units per US$ of GDP | 0.0354 units per US$ of GDP | 0.0748 units per US$ of GDP | 6 |
Countries ranked near Latvia
More reference data data for Latvia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
Frequently asked questions
- What is 28_cross-border dep. with bis banks, nonbanks, per unit of gdp in Latvia?
- 28_cross-border dep. with bis banks, nonbanks, per unit of gdp in Latvia was 0.0631 units per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest 28_cross-border dep. with bis banks, nonbanks, per unit of gdp recorded in Latvia?
- The highest recorded value was 0.0748 units per US$ of GDP in 2024.
- What is the lowest 28_cross-border dep. with bis banks, nonbanks, per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.0119 units per US$ of GDP in 2007.
- How does Latvia rank for 28_cross-border dep. with bis banks, nonbanks, per unit of gdp?
- Latvia ranks 73rd out of 204 countries with data for 2025.
- Is 28_cross-border dep. with bis banks, nonbanks, per unit of gdp rising or falling in Latvia?
- Over the last ten years it is up 171.2%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of 28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
28_Cross-border dep. with BIS banks, nonbanks divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
28_Cross-border dep. with BIS banks, nonbanks ÷ GDP (current US$)
Computed from
- 28_Cross-border dep. with BIS banks, nonbanks BIS
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
28_Cross-border dep. with BIS banks, nonbanks divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.