Non-performing loans of government in Latvia
Latvia: Non-performing loans of government was 23.07 Million units of national currency in 2024. ◆ Volatile
Latest (2024)
23.07 Million units of national currency
Change on year
up 16.0%
World rank
31st
of 35 countries
All-time high
474.13 Million units of national currency
in 2010
All-time low
19.86 Million units of national currency
in 2022
Years of data
15
2010–2024
Non-performing loans of government in Latvia, 2010–2024
Source: Eurostat. Measured in Million units of national currency.
Analysis
In 2024, non-performing loans of government in Latvia stood at 23.07 Million units of national currency.
The figure is up 16.0% on the previous year and down 84.0% over ten years.
Over the whole period, non-performing loans of government in Latvia peaked at 474.13 Million units of national currency in 2010 and was at its lowest, 19.86 Million units of national currency, in 2022.
That places Latvia 31st out of 35 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Non-performing loans of government in Latvia, year by year
| Year | Million units of national currency | Change |
|---|---|---|
| 2010 | 474.13 Million units of national currency | — |
| 2011 | 255.84 Million units of national currency | -46.0% |
| 2012 | 235.1 Million units of national currency | -8.1% |
| 2013 | 111.89 Million units of national currency | -52.4% |
| 2014 | 144.45 Million units of national currency | +29.1% |
| 2015 | 139.7 Million units of national currency | -3.3% |
| 2016 | 93.07 Million units of national currency | -33.4% |
| 2017 | 81.03 Million units of national currency | -12.9% |
| 2018 | 46.96 Million units of national currency | -42.0% |
| 2019 | 37.26 Million units of national currency | -20.7% |
| 2020 | 28.07 Million units of national currency | -24.7% |
| 2021 | 25.34 Million units of national currency | -9.7% |
| 2022 | 19.86 Million units of national currency | -21.6% |
| 2023 | 19.89 Million units of national currency | +0.2% |
| 2024 | 23.07 Million units of national currency | +16.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 161.94 Million units of national currency | 37.26 Million units of national currency | 474.13 Million units of national currency | 10 |
| 2020s | 23.25 Million units of national currency | 19.86 Million units of national currency | 28.07 Million units of national currency | 5 |
Countries ranked near Latvia
More reference data data for Latvia
- Cooling and heating degree days by NUTS 2 regions - annual data 4.98 % change on previous year (2025)
- Cooling and heating degree days by NUTS 2 regions - monthly data -2.4 % change on previous year (2025)
- Exposure to extreme precipitation — Annual precipitation change 65.46 Millimetres per year (2023)
- Exposure to extreme temperature — Annual temperature change 1.43 Degrees celsius (2023)
- Cooling and heating degree days by NUTS 2 regions - monthly data 505.67 Number (2025)
- Cooling and heating degree days by NUTS 2 regions - annual data 3,617 Number (2025)
- IPAC Dashboard indicators — Geothermal 0 Index (2025)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 19.46 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 4.99 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 41.31 Percentage of GDP (2022)
Frequently asked questions
- What is non-performing loans of government in Latvia?
- Non-performing loans of government in Latvia was 23.07 Million units of national currency in 2024, according to Eurostat.
- What is the highest non-performing loans of government recorded in Latvia?
- The highest recorded value was 474.13 Million units of national currency in 2010.
- What is the lowest non-performing loans of government recorded in Latvia?
- The lowest recorded value was 19.86 Million units of national currency in 2022.
- How does Latvia rank for non-performing loans of government?
- Latvia ranks 31st out of 35 countries with data for 2024.
- Is non-performing loans of government rising or falling in Latvia?
- Over the last ten years it is down 84.0%. 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 Non-performing loans of government. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (Eurostat).