Gross non-performing loans, domestic and foreign entities - % of in Latvia

Latvia: Gross non-performing loans, domestic and foreign entities - % of was 1.3% in 2025. ◆ Volatile

Latest (2025)
1.3%
Change on year
unchanged
World rank
25th
of 37 countries
All-time high
9.7%
in 2014
All-time low
1.3%
in 2023
Years of data
12
2014–2025

Gross non-performing loans, domestic and foreign entities - % of in Latvia, 2014–2025

2468102014201920252014: 9.7 Percentage2015: 6.5 Percentage2016: 6.3 Percentage2017: 5.6 Percentage2018: 5.3 Percentage2019: 3.9 Percentage2020: 4.6 Percentage2021: 2.1 Percentage2022: 1.4 Percentage2023: 1.3 Percentage2024: 1.3 Percentage2025: 1.3 Percentage

Source: Eurostat. Measured in Percentage.

Analysis

Latvia recorded 1.3% for gross non-performing loans, domestic and foreign entities - % of in 2025. That is the lowest value across all 12 years on record.

Compared with earlier readings it is down 80.0% over ten years.

Over the whole period, gross non-performing loans, domestic and foreign entities - % of in Latvia peaked at 9.7% in 2014 and was at its lowest, 1.3%, in 2023.

Latvia ranks 25th of 37 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross non-performing loans, domestic and foreign entities - % of in Latvia, year by year

Annual values for Gross non-performing loans, domestic and foreign entities - % of gross loans in Latvia, 2014 to 2025.
Year Percentage Change
2014 9.7%
2015 6.5% -33.0%
2016 6.3% -3.1%
2017 5.6% -11.1%
2018 5.3% -5.4%
2019 3.9% -26.4%
2020 4.6% +17.9%
2021 2.1% -54.3%
2022 1.4% -33.3%
2023 1.3% -7.1%
2024 1.3% +0.0%
2025 1.3% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 6.2% 3.9% 9.7% 6
2020s 2.0% 1.3% 4.6% 6

Countries ranked near Latvia

  1. 22 Cyprus 1.6% compare
  2. 23 Malta 1.5% compare
  3. 24 Finland 1.4% compare
  4. 25 Estonia 1.3% compare
  5. 25 Latvia 1.3% compare
  6. 25 Netherlands 1.3% compare
  7. 25 Sweden 1.3% compare
  8. 25 Estonia 1.3% compare
  9. 25 Netherlands 1.3% compare

See the full ranking of 37 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is gross non-performing loans, domestic and foreign entities - % of in Latvia?
Gross non-performing loans, domestic and foreign entities - % of in Latvia was 1.3% in 2025, according to Eurostat.
What is the highest gross non-performing loans, domestic and foreign entities - % of recorded in Latvia?
The highest recorded value was 9.7% in 2014.
What is the lowest gross non-performing loans, domestic and foreign entities - % of recorded in Latvia?
The lowest recorded value was 1.3% in 2023.
How does Latvia rank for gross non-performing loans, domestic and foreign entities - % of?
Latvia ranks 25th out of 37 countries with data for 2025.
Is gross non-performing loans, domestic and foreign entities - % of rising or falling in Latvia?
Over the last ten years it is down 80.0%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Eurostat, published as part of Gross non-performing loans, domestic and foreign entities - % of gross loans. Statizoid updates them automatically from the source API.

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Gross non-performing loans, domestic and foreign entities - % of in Latvia. Statizoid, drawing on Eurostat. Retrieved 04 September 2026, from https://reference.statizoid.com/stat/gross-non-performing-loans-domestic-and-foreign-entities-percent-of-gross-loans/latvia-2/

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About this data

Indicator
Gross non-performing loans, domestic and foreign entities - % of gross loans
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
37 places, 442 data points, 2014–2025
Last refreshed