Return on equity of banks in Latvia

Latvia: Return on equity of banks was 13.4% in 2025. β—† Volatile

Latest (2025)
13.4%
Change on year
down 23.9%
World rank
10th
of 29 countries
All-time high
20.3%
in 2023
All-time low
-44.3%
in 2009
Years of data
18
2008–2025

Return on equity of banks in Latvia, 2008–2025

-40-200202008201620252008: 3.1 Percentage2009: -44.3 Percentage2010: -19.7 Percentage2011: 4.5 Percentage2012: 4.9 Percentage2013: 8.8 Percentage2014: 10.2 Percentage2015: 10.7 Percentage2016: 14.3 Percentage2017: 7.6 Percentage2018: 9.2 Percentage2019: 9.6 Percentage2020: 5.2 Percentage2021: 4.5 Percentage2022: 10.2 Percentage2023: 20.3 Percentage2024: 17.6 Percentage2025: 13.4 Percentage

Source: Eurostat. Measured in Percentage.

Analysis

Latvia recorded 13.4% for return on equity of banks in 2025.

Compared with earlier readings it is 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.

That places Latvia 10th out of 29 countries with data for 2025, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest 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

  1. 7 Spain 14.0% compare
  2. 8 Portugal 13.7% compare
  3. 9 Estonia 13.5% compare
  4. 11 Italy 13.0% compare
  5. 12 Cyprus 12.5% compare
  6. 13 Bulgaria 12.1% compare

See the full ranking of 29 places β†’

More reference data data for Latvia

All data for Latvia β†’

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 10th out of 29 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.

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About this data

Indicator
Return on equity of banks
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
29 places, 515 data points, 2007–2025
Last refreshed