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
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 14th out of 37 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.
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% |
Latvia compared with similar countries
- Latvia's 13.4% is above the median for Europe & Central Asia, which is 12.1%, 1.1× the median. (26 countries reporting)
- Latvia's 13.4% is above the median for high income countries, which is 12.0%, 1.1× the median. (27 countries reporting)
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
- 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 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.
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CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (Eurostat).