Commercial bank branches in Latvia
Latvia: Commercial bank branches was 4.44 per 100,000 adults in 2024. ◆ Volatile
Commercial bank branches in Latvia, 2004–2024
Source: IMF Financial Access Survey, via World Bank (2026) – processed by Our World in Data. Measured in per 100,000 adults.
Analysis
The most recent figure for commercial bank branches in Latvia is 4.44 per 100,000 adults, measured in 2024. That is the lowest value across all 21 years on record.
The figure is down 5.0% on the previous year and down 78.2% over ten years.
Over the whole period, commercial bank branches in Latvia peaked at 37.3 per 100,000 adults in 2007 and was at its lowest, 4.44 per 100,000 adults, in 2024.
That places Latvia 146th out of 184 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.
Commercial bank branches in Latvia, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 31.59 per 100,000 adults | — |
| 2005 | 31.91 per 100,000 adults | +1.0% |
| 2006 | 33.37 per 100,000 adults | +4.6% |
| 2007 | 37.3 per 100,000 adults | +11.8% |
| 2008 | 36.6 per 100,000 adults | -1.9% |
| 2009 | 35.39 per 100,000 adults | -3.3% |
| 2010 | 34.22 per 100,000 adults | -3.3% |
| 2011 | 32.78 per 100,000 adults | -4.2% |
| 2012 | 24.63 per 100,000 adults | -24.9% |
| 2013 | 21.58 per 100,000 adults | -12.4% |
| 2014 | 20.38 per 100,000 adults | -5.6% |
| 2015 | 18.05 per 100,000 adults | -11.4% |
| 2016 | 17.13 per 100,000 adults | -5.1% |
| 2017 | 16.48 per 100,000 adults | -3.8% |
| 2018 | 14.67 per 100,000 adults | -11.0% |
| 2019 | 9.7 per 100,000 adults | -33.9% |
| 2020 | 7.02 per 100,000 adults | -27.7% |
| 2021 | 6.57 per 100,000 adults | -6.3% |
| 2022 | 5.19 per 100,000 adults | -21.0% |
| 2023 | 4.68 per 100,000 adults | -9.9% |
| 2024 | 4.44 per 100,000 adults | -5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.36 per 100,000 adults | 31.59 per 100,000 adults | 37.3 per 100,000 adults | 6 |
| 2010s | 20.96 per 100,000 adults | 9.7 per 100,000 adults | 34.22 per 100,000 adults | 10 |
| 2020s | 5.58 per 100,000 adults | 4.44 per 100,000 adults | 7.02 per 100,000 adults | 5 |
Countries ranked near Latvia
More reference data data for Latvia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
Frequently asked questions
- What is commercial bank branches in Latvia?
- Commercial bank branches in Latvia was 4.44 per 100,000 adults in 2024, according to IMF Financial Access Survey, via World Bank (2026) – processed by Our World in Data.
- What is the highest commercial bank branches recorded in Latvia?
- The highest recorded value was 37.3 per 100,000 adults in 2007.
- What is the lowest commercial bank branches recorded in Latvia?
- The lowest recorded value was 4.44 per 100,000 adults in 2024.
- How does Latvia rank for commercial bank branches?
- Latvia ranks 146th out of 184 countries with data for 2024.
- Is commercial bank branches rising or falling in Latvia?
- Over the last ten years it is down 78.2%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from IMF Financial Access Survey, via World Bank (2026) – processed by Our World in Data, published as part of Commercial bank branches. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Number of commercial bank branches per 100,000 adults. Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks to provide financial services to customers.