Bank or similar financial institution account, older in Latvia

Latvia: Bank or similar financial institution account, older was 95.6% in 2024. ▲ Rising

Latest (2024)
95.6%
Change on year
down 1.4%
World rank
29th
of 106 countries
All-time high
96.9%
in 2021
All-time low
91.6%
in 2014
Years of data
5
2011–2024

Bank or similar financial institution account, older in Latvia, 2011–2024

0204060801002011201720242011: 92.1 % age 25+2014: 91.6 % age 25+2017: 95.4 % age 25+2021: 96.9 % age 25+2024: 95.6 % age 25+

Source: World Bank. Measured in % age 25+.

Analysis

Latvia recorded 95.6% for bank or similar financial institution account, older in 2024.

Compared with earlier readings it is down 1.4% on the previous year and up 4.4% over ten years.

Over the whole period, bank or similar financial institution account, older in Latvia peaked at 96.9% in 2021 and was at its lowest, 91.6%, in 2014.

Latvia ranks 29th of 106 countries on this measure, in the middle of the range.

Bank or similar financial institution account, older in Latvia, year by year

Annual values for Bank or similar financial institution account, older (% age 25+) in Latvia, 2011 to 2024.
Year % age 25+ Change
2011 92.1%
2014 91.6% -0.5%
2017 95.4% +4.1%
2021 96.9% +1.6%
2024 95.6% -1.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 93.0% 91.6% 95.4% 3
2020s 96.3% 95.6% 96.9% 2

Countries ranked near Latvia

  1. 26 Malta 96.6% compare
  2. 27 Republic of Korea 96.5% compare
  3. 28 Cyprus 96.3% compare
  4. 30 Slovakia 93.6% compare
  5. 31 Thailand 92.5% compare
  6. 32 Czechia 92.4% compare

See the full ranking of 118 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is bank or similar financial institution account, older in Latvia?
Bank or similar financial institution account, older in Latvia was 95.6% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, older recorded in Latvia?
The highest recorded value was 96.9% in 2021.
What is the lowest bank or similar financial institution account, older recorded in Latvia?
The lowest recorded value was 91.6% in 2014.
How does Latvia rank for bank or similar financial institution account, older?
Latvia ranks 29th out of 106 countries with data for 2024.
Is bank or similar financial institution account, older rising or falling in Latvia?
Over the last ten years it is up 4.4%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, older (% age 25+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, older in Latvia. Statizoid. Retrieved 01 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-older-percent-age-25/latvia/

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About this data

Indicator
Bank or similar financial institution account, older (% age 25+)
Unit
% age 25+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed