Return on equity of banks in Latvia
Latvia: Return on equity of banks was 13.4% in 2025. ◆ Volatile
Return on equity of banks in Latvia, 2008–2025
Source: Eurostat. Measured in Percentage.
Analysis
The most recent figure for return on equity of banks in Latvia is 13.4%, measured in 2025.
That represents a change of down 23.9% on the previous year and up 25.2% over ten years.
Over the whole period, return on equity of banks in Latvia peaked at 20.3% in 2023 and was at its lowest, -44.3%, in 2009.
Latvia ranks 14th 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.
Return on equity of banks in Latvia, year by year
| Year | Percentage | Change |
|---|---|---|
| 2008 | 3.1% | — |
| 2009 | -44.3% | -1529.0% |
| 2010 | -19.7% | -55.5% |
| 2011 | 4.5% | -122.8% |
| 2012 | 4.9% | +8.9% |
| 2013 | 8.8% | +79.6% |
| 2014 | 10.2% | +15.9% |
| 2015 | 10.7% | +4.9% |
| 2016 | 14.3% | +33.6% |
| 2017 | 7.6% | -46.9% |
| 2018 | 9.2% | +21.1% |
| 2019 | 9.6% | +4.3% |
| 2020 | 5.2% | -45.8% |
| 2021 | 4.5% | -13.5% |
| 2022 | 10.2% | +126.7% |
| 2023 | 20.3% | +99.0% |
| 2024 | 17.6% | -13.3% |
| 2025 | 13.4% | -23.9% |
Biggest year-on-year movements
Years where Return on equity of banks in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -1529.0% | 3.1% | -44.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -20.6% | -44.3% | 3.1% | 2 |
| 2010s | 6.0% | -19.7% | 14.3% | 10 |
| 2020s | 11.9% | 4.5% | 20.3% | 6 |
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 return on equity of banks in Latvia?
- Return on equity of banks in Latvia was 13.4% in 2025, according to Eurostat.
- What is the highest return on equity of banks recorded in Latvia?
- The highest recorded value was 20.3% in 2023.
- What is the lowest return on equity of banks recorded in Latvia?
- The lowest recorded value was -44.3% in 2009.
- How does Latvia rank for return on equity of banks?
- Latvia ranks 14th out of 37 countries with data for 2025.
- Is return on equity of banks rising or falling in Latvia?
- Over the last ten years it is up 25.2%. 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 Return on equity of banks. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (Eurostat).