Bank or similar financial institution account, out of laborforce in Latvia

Latvia: Bank or similar financial institution account, out of laborforce was 92.1% in 2024. ▲ Rising

Latest (2024)
92.1%
Change on year
down 1.5%
World rank
23rd
of 98 countries
All-time high
93.5%
in 2021
All-time low
78.4%
in 2014
Years of data
5
2011–2024

Bank or similar financial institution account, out of laborforce in Latvia, 2011–2024

0204060801002011201720242011: 80.8 % age 15+2014: 78.4 % age 15+2017: 85.8 % age 15+2021: 93.5 % age 15+2024: 92.1 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

The most recent figure for bank or similar financial institution account, out of laborforce in Latvia is 92.1%, measured in 2024.

Compared with earlier readings it is down 1.5% on the previous year and up 17.6% over ten years.

Over the whole period, bank or similar financial institution account, out of laborforce in Latvia peaked at 93.5% in 2021 and was at its lowest, 78.4%, in 2014.

That places Latvia 23rd out of 98 countries with data for 2024, putting it in the top quarter.

Bank or similar financial institution account, out of laborforce in Latvia, year by year

Annual values for Bank or similar financial institution account, out of laborforce (% age 15+) in Latvia, 2011 to 2024.
Year % age 15+ Change
2011 80.8%
2014 78.4% -3.0%
2017 85.8% +9.5%
2021 93.5% +9.0%
2024 92.1% -1.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 81.6% 78.4% 85.8% 3
2020s 92.8% 92.1% 93.5% 2

Countries ranked near Latvia

  1. 20 United States of America 94.3% compare
  2. 21 Malta 92.6% compare
  3. 22 Taiwan, China 92.5% compare
  4. 24 Cyprus 91.8% compare
  5. 25 Iran, Islamic Republic of 88.2% compare
  6. 26 Czechia 87.5% compare

See the full ranking of 110 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is bank or similar financial institution account, out of laborforce in Latvia?
Bank or similar financial institution account, out of laborforce in Latvia was 92.1% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, out of laborforce recorded in Latvia?
The highest recorded value was 93.5% in 2021.
What is the lowest bank or similar financial institution account, out of laborforce recorded in Latvia?
The lowest recorded value was 78.4% in 2014.
How does Latvia rank for bank or similar financial institution account, out of laborforce?
Latvia ranks 23rd out of 98 countries with data for 2024.
Is bank or similar financial institution account, out of laborforce rising or falling in Latvia?
Over the last ten years it is up 17.6%. 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, out of laborforce (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, out of laborforce in Latvia. Statizoid. Retrieved 08 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-out-of-laborforce-percent-age-15/latvia/

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About this data

Indicator
Bank or similar financial institution account, out of laborforce (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 data points, 2011–2024
Last refreshed