Account, young in Latvia

Latvia: Account, young was 89.7% in 2024. ▲ Rising

Latest (2024)
89.7%
Change on year
down 4.9%
World rank
32nd
of 105 countries
All-time high
94.3%
in 2021
All-time low
75.7%
in 2017
Years of data
5
2011–2024

Account, young in Latvia, 2011–2024

0204060801002011201720242011: 78.9 % ages 15-242014: 81.3 % ages 15-242017: 75.7 % ages 15-242021: 94.3 % ages 15-242024: 89.7 % ages 15-24

Source: Global Findex database. Measured in % ages 15-24.

Analysis

In 2024, account, young in Latvia stood at 89.7%.

The figure is down 4.9% on the previous year and up 10.3% over ten years.

Over the whole period, account, young in Latvia peaked at 94.3% in 2021 and was at its lowest, 75.7%, in 2017.

That places Latvia 32nd out of 105 countries with data for 2024, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 78.6% 75.7% 81.3% 3
2020s 92.0% 89.7% 94.3% 2

Countries ranked near Latvia

  1. 29 Germany 90.9% compare
  2. 30 Kenya 89.8% compare
  3. 31 Mauritius 89.8% compare
  4. 33 China 88.6% compare
  5. 34 Russia 88.5% compare
  6. 35 Thailand 88.1% compare

See the full ranking of 118 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is account, young in Latvia?
Account, young in Latvia was 89.7% in 2024, according to Global Findex database.
What is the highest account, young recorded in Latvia?
The highest recorded value was 94.3% in 2021.
What is the lowest account, young recorded in Latvia?
The lowest recorded value was 75.7% in 2017.
How does Latvia rank for account, young?
Latvia ranks 32nd out of 105 countries with data for 2024.
Is account, young rising or falling in Latvia?
Over the last ten years it is up 10.3%. 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, young (% ages 15-24). Statizoid updates them automatically from the source API.

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CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Account, young (% ages 15-24)
Unit
% ages 15-24
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 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 type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), young (% ages 15-24)