Bank or similar financial institution account in Latvia

Latvia: Bank or similar financial institution account was 95.0% in 2024. ▲ Rising

Latest (2024)
95.0%
Change on year
down 1.7%
World rank
26th
of 115 countries
All-time high
96.6%
in 2021
All-time low
89.7%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution 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

Latvia recorded 95.0% for bank or similar financial institution account in 2024.

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

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

That places Latvia 26th out of 115 countries with data for 2024, putting it in the top quarter.

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

Annual values for Bank or similar financial institution 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%

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. 23 South Korea 96.7% compare
  2. 24 Malta 96.6% compare
  3. 25 Cyprus 96.1% compare
  4. 27 Croatia 92.6% compare
  5. 28 Czechia 92.3% compare
  6. 29 Slovakia 92.2% compare

See the full ranking of 127 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is bank or similar financial institution account in Latvia?
Bank or similar financial institution account in Latvia was 95.0% in 2024, according to Global Findex Database.
What is the highest bank or similar financial institution account recorded in Latvia?
The highest recorded value was 96.6% in 2021.
What is the lowest bank or similar financial institution account recorded in Latvia?
The lowest recorded value was 89.7% in 2011.
How does Latvia rank for bank or similar financial institution account?
Latvia ranks 26th out of 115 countries with data for 2024.
Is bank or similar financial institution 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 Bank or similar financial institution account (% age 15+). Statizoid updates them automatically from the source API.

Download this data

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

Share, cite or embed this page

Cite this page

Bank or similar financial institution account in Latvia. Statizoid, drawing on Global Findex Database. Retrieved 29 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-percent-age-15/latvia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-percent-age-15/latvia/">Bank or similar financial institution account in Latvia</a> — Statizoid

About this data

Indicator
Bank or similar financial institution account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
127 places, 635 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 similar financial institution, (% age 15+)