Share of adults with an account at a financial institution in Latvia

Latvia: Share of adults with an account at a financial institution was 95.0% in 2024. ▲ Rising

Latest (2024)
95.0%
Change on year
down 1.7%
World rank
26th
of 115 countries
All-time high
96.6%
in 2021
All-time low
89.7%
in 2011
Years of data
5
2011–2024

Share of adults with an account at a financial institution in Latvia, 2011–2024

0204060801002011201720242011: 89.7 % age 15+2014: 90.2 % age 15+2017: 93.2 % age 15+2021: 96.6 % age 15+2024: 95 % age 15+

Source: Global Findex Database - World Bank (2026) – processed by Our World in Data. Measured in % age 15+.

Analysis

The most recent figure for share of adults with an account at a financial institution in Latvia is 95.0%, measured in 2024.

Compared with earlier readings it is down 1.7% on the previous year and up 5.3% over ten years.

Over the whole period, share of adults with an account at a financial institution in Latvia peaked at 96.6% in 2021 and was at its lowest, 89.7%, in 2011.

Latvia ranks 26th of 115 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 91.0% 89.7% 93.2% 3
2020s 95.8% 95.0% 96.6% 2

Countries ranked near Latvia

  1. 23 South Korea 96.9% compare
  2. 25 Cyprus 96.1% compare
  3. 27 Croatia 92.6% compare
  4. 28 Czechia 92.3% compare
  5. 29 Slovakia 92.2% compare

See the full ranking of 115 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is share of adults with an account at a financial institution in Latvia?
Share of adults with an account at a financial institution in Latvia was 95.0% in 2024, according to Global Findex Database - World Bank (2026) – processed by Our World in Data.
What is the highest share of adults with an account at a financial institution recorded in Latvia?
The highest recorded value was 96.6% in 2021.
What is the lowest share of adults with an account at a financial institution recorded in Latvia?
The lowest recorded value was 89.7% in 2011.
How does Latvia rank for share of adults with an account at a financial institution?
Latvia ranks 26th out of 115 countries with data for 2024.
Is share of adults with an account at a financial institution rising or falling in Latvia?
Over the last ten years it is up 5.3%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Global Findex Database - World Bank (2026) – processed by Our World in Data, published as part of Share of adults with an account at a financial institution. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Share of adults with an account at a financial institution
Unit
% age 15+
Source
Global Findex Database - World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
115 places, 575 data points, 2011–2024
Last refreshed

The share of respondents aged 15 and older, who report having an account (by themselves or with someone else) at a bank or another type of financial institution.