Bank or similar financial institution account, young in Latvia

Latvia: Bank or similar financial institution account, young was 89.7% in 2024. ▲ Rising

Latest (2024)
89.7%
Change on year
down 4.9%
World rank
30th
of 106 countries
All-time high
94.3%
in 2021
All-time low
75.7%
in 2017
Years of data
5
2011–2024

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

0204060801002011201720242011: 78.9 % ages 15-242014: 81.3 % ages 15-242017: 75.7 % ages 15-242021: 94.3 % ages 15-242024: 89.7 % ages 15-24

Source: World Bank. Measured in % ages 15-24.

Analysis

In 2024, bank or similar financial institution account, young in Latvia stood at 89.7%.

The figure is down 4.9% on the previous year and up 10.3% over ten years.

Over the whole period, bank or similar financial institution account, young in Latvia peaked at 94.3% in 2021 and was at its lowest, 75.7%, in 2017.

Latvia ranks 30th of 106 countries on this measure, in the middle of the range.

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

Annual values for Bank or similar financial institution account, young (% ages 15-24) in Latvia, 2011 to 2024.
Year % ages 15-24 Change
2011 78.9%
2014 81.3% +3.1%
2017 75.7% -6.9%
2021 94.3% +24.6%
2024 89.7% -4.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 78.6% 75.7% 81.3% 3
2020s 92.0% 89.7% 94.3% 2

Countries ranked near Latvia

  1. 27 Iran, Islamic Republic of 91.8% compare
  2. 28 Czechia 91.4% compare
  3. 29 Germany 90.9% compare
  4. 31 Mauritius 89.3% compare
  5. 32 China 88.6% compare
  6. 33 Russian Federation 88.5% 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, young in Latvia?
Bank or similar financial institution account, young in Latvia was 89.7% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, young recorded in Latvia?
The highest recorded value was 94.3% in 2021.
What is the lowest bank or similar financial institution account, young recorded in Latvia?
The lowest recorded value was 75.7% in 2017.
How does Latvia rank for bank or similar financial institution account, young?
Latvia ranks 30th out of 106 countries with data for 2024.
Is bank or similar financial institution account, young rising or falling in Latvia?
Over the last ten years it is up 10.3%. 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, young (% ages 15-24). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, young in Latvia. Statizoid. Retrieved 03 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-young-percent-ages-15-24/latvia/

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About this data

Indicator
Bank or similar financial institution account, young (% ages 15-24)
Unit
% ages 15-24
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed