Account in Latvia

Latvia: Account was 95.0% in 2024. ▲ Rising

Latest (2024)
95.0%
Change on year
down 1.7%
World rank
27th
of 118 countries
All-time high
96.6%
in 2021
All-time low
89.7%
in 2011
Years of data
5
2011–2024

Account 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. Measured in % age 15+.

Analysis

In 2024, account in Latvia stood at 95.0%.

That represents a change of down 1.7% on the previous year and up 5.3% over ten years.

Over the whole period, account in Latvia peaked at 96.6% in 2021 and was at its lowest, 89.7%, in 2011.

That places Latvia 27th out of 118 countries with data for 2024, putting it in the top quarter.

Account in Latvia, year by year

Annual values for Account (% age 15+) in Latvia, 2011 to 2024.
Year % age 15+ Change
2011 89.7%
2014 90.2% +0.6%
2017 93.2% +3.3%
2021 96.6% +3.6%
2024 95.0% -1.7%

Latvia compared with similar countries

  • Latvia's 95.0% is below the median for high income countries, which is 97.0%, 98% of the median. (42 countries reporting)
  • Latvia's 95.0% is above the median for Europe & Central Asia, which is 88.1%, 1.1× the median. (42 countries reporting)

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. 24 Malta 96.6% compare
  2. 25 Cyprus 96.1% compare
  3. 26 Taiwan 95.6% compare
  4. 28 Croatia 92.6% compare
  5. 29 Czechia 92.3% compare
  6. 30 Slovakia 92.2% compare

See the full ranking of 130 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is account in Latvia?
Account in Latvia was 95.0% in 2024, according to Global Findex Database.
What is the highest account recorded in Latvia?
The highest recorded value was 96.6% in 2021.
What is the lowest account recorded in Latvia?
The lowest recorded value was 89.7% in 2011.
How does Latvia rank for account?
Latvia ranks 27th out of 118 countries with data for 2024.
Is account 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, published as part of Account (% age 15+). Statizoid updates them automatically from the source API.

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Account in Latvia. Statizoid, drawing on Global Findex Database. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/account-percent-age-15/latvia/

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About this data

Indicator
Account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
130 places, 650 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 similar financial institution (see the definition for "bank or similar financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), (% age 15+)