Arrears on mortgage or rent payments in Latvia

Latvia: Arrears on mortgage or rent payments was 1.6% in 2025. ▼ Falling

Latest (2025)
1.6%
Change on year
up 33.3%
World rank
31st
of 47 countries
All-time high
6.7%
in 2011
All-time low
1.2%
in 2024
Years of data
21
2005–2025

Arrears on mortgage or rent payments in Latvia, 2005–2025

2462005201520252005: 5.5 Percentage2006: 3.5 Percentage2007: 2.4 Percentage2008: 3.2 Percentage2009: 4.7 Percentage2010: 5.8 Percentage2011: 6.7 Percentage2012: 4.8 Percentage2013: 4.3 Percentage2014: 3.8 Percentage2015: 4.1 Percentage2016: 2.7 Percentage2017: 2.5 Percentage2018: 2.6 Percentage2019: 1.8 Percentage2020: 2 Percentage2021: 1.6 Percentage2022: 1.4 Percentage2023: 1.4 Percentage2024: 1.2 Percentage2025: 1.6 Percentage

Source: Eurostat. Measured in Percentage.

Analysis

Latvia recorded 1.6% for arrears on mortgage or rent payments in 2025.

Compared with earlier readings it is up 33.3% on the previous year and down 61.0% over ten years.

Over the whole period, arrears on mortgage or rent payments in Latvia peaked at 6.7% in 2011 and was at its lowest, 1.2%, in 2024.

That places Latvia 31st out of 47 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 21 years of available data.

Arrears on mortgage or rent payments in Latvia, year by year

Annual values for Arrears on mortgage or rent payments in Latvia, 2005 to 2025.
Year Percentage Change
2005 5.5% —
2006 3.5% -36.4%
2007 2.4% -31.4%
2008 3.2% +33.3%
2009 4.7% +46.9%
2010 5.8% +23.4%
2011 6.7% +15.5%
2012 4.8% -28.4%
2013 4.3% -10.4%
2014 3.8% -11.6%
2015 4.1% +7.9%
2016 2.7% -34.1%
2017 2.5% -7.4%
2018 2.6% +4.0%
2019 1.8% -30.8%
2020 2.0% +11.1%
2021 1.6% -20.0%
2022 1.4% -12.5%
2023 1.4% +0.0%
2024 1.2% -14.3%
2025 1.6% +33.3%

Latvia compared with similar countries

  • Latvia's 1.6% is below the median for Europe & Central Asia, which is 2.0%, 80% of the median. (34 countries reporting)
  • Latvia's 1.6% is below the median for high income countries, which is 2.1%, 76% of the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.9% 2.4% 5.5% 5
2010s 3.9% 1.8% 6.7% 10
2020s 1.5% 1.2% 2.0% 6

Countries ranked near Latvia

  1. 29 Belgium 1.8% compare
  2. 29 Malta 1.8% compare
  3. 31 Latvia 1.6% compare
  4. 33 Slovenia 1.2% compare
  5. 33 Slovenia 1.2% compare

See the full ranking of 54 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is arrears on mortgage or rent payments in Latvia?
Arrears on mortgage or rent payments in Latvia was 1.6% in 2025, according to Eurostat.
What is the highest arrears on mortgage or rent payments recorded in Latvia?
The highest recorded value was 6.7% in 2011.
What is the lowest arrears on mortgage or rent payments recorded in Latvia?
The lowest recorded value was 1.2% in 2024.
How does Latvia rank for arrears on mortgage or rent payments?
Latvia ranks 31st out of 47 countries with data for 2025.
Is arrears on mortgage or rent payments rising or falling in Latvia?
Over the last ten years it is down 61.0%. The long-run trend across the full record is falling.
Where does this Latvia data come from?
The figures come from Eurostat, published as part of Arrears on mortgage or rent payments. Statizoid updates them automatically from the source API.

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Arrears on mortgage or rent payments in Latvia. Statizoid, drawing on Eurostat. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/arrears-on-mortgage-or-rent-payments/latvia/

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About this data

Indicator
Arrears on mortgage or rent payments
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
54 places, 1,011 data points, 2003–2025
Last refreshed