Bank or similar financial institution account, poorest 40% in Latvia

Latvia: Bank or similar financial institution account, poorest 40% was 91.6% in 2024. ▲ Rising

Latest (2024)
91.6%
Change on year
down 2.6%
World rank
24th
of 102 countries
All-time high
94.1%
in 2021
All-time low
84.6%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, poorest 40% in Latvia, 2011–2024

0204060801002011201720242011: 84.6 % age 15+2014: 86.5 % age 15+2017: 88.5 % age 15+2021: 94.1 % age 15+2024: 91.6 % age 15+

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

Analysis

The most recent figure for bank or similar financial institution account, poorest 40% in Latvia is 91.6%, measured in 2024.

That represents a change of down 2.6% on the previous year and up 5.9% over ten years.

Over the whole period, bank or similar financial institution account, poorest 40% in Latvia peaked at 94.1% in 2021 and was at its lowest, 84.6%, in 2011.

Latvia ranks 24th of 102 countries on this measure, in the top quarter.

Bank or similar financial institution account, poorest 40% in Latvia, year by year

Annual values for Bank or similar financial institution account, poorest 40% (% age 15+) in Latvia, 2011 to 2024.
Year % age 15+ Change
2011 84.6%
2014 86.5% +2.3%
2017 88.5% +2.3%
2021 94.1% +6.2%
2024 91.6% -2.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 86.5% 84.6% 88.5% 3
2020s 92.8% 91.6% 94.1% 2

Countries ranked near Latvia

  1. 21 Korea 94.2% compare
  2. 22 Cyprus 94.2% compare
  3. 23 Malta 93.4% compare
  4. 25 Chinese Taipei 91.6% compare
  5. 26 Thailand 89.8% compare
  6. 27 Portugal 87.7% compare

See the full ranking of 114 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is bank or similar financial institution account, poorest 40% in Latvia?
Bank or similar financial institution account, poorest 40% in Latvia was 91.6% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, poorest 40% recorded in Latvia?
The highest recorded value was 94.1% in 2021.
What is the lowest bank or similar financial institution account, poorest 40% recorded in Latvia?
The lowest recorded value was 84.6% in 2011.
How does Latvia rank for bank or similar financial institution account, poorest 40%?
Latvia ranks 24th out of 102 countries with data for 2024.
Is bank or similar financial institution account, poorest 40% rising or falling in Latvia?
Over the last ten years it is up 5.9%. 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, poorest 40% (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, poorest 40% in Latvia. Statizoid. Retrieved 10 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-poorest-40-percent-percent-age-15/latvia/

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About this data

Indicator
Bank or similar financial institution account, poorest 40% (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 570 data points, 2011–2024
Last refreshed