Non-performing loans net of provisions to capital in Latvia

Latvia: Non-performing loans net of provisions to capital was 7.4% in 2024. ◆ Volatile

Latest (2024)
7.4%
Change on year
up 0.9%
World rank
62nd
of 138 countries
All-time high
40.7%
in 2011
All-time low
5.8%
in 2015
Years of data
14
2011–2024

Non-performing loans net of provisions to capital in Latvia, 2011–2024

102030402011201720242011: 40.72012: 19.22013: 11.62014: 7.42015: 5.82016: 27.32017: 23.22018: 23.22019: 26.82020: 15.72021: 12.52022: 7.32023: 7.42024: 7.4

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for non-performing loans net of provisions to capital in Latvia is 7.4%, measured in 2024.

The figure is up 0.9% on the previous year and down 0.0% over ten years.

Over the whole period, non-performing loans net of provisions to capital in Latvia peaked at 40.7% in 2011 and was at its lowest, 5.8%, in 2015.

Latvia ranks 62nd of 138 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.

Non-performing loans net of provisions to capital in Latvia, year by year

Annual values for Non-performing loans net of provisions to capital (%) in Latvia, 2011 to 2024.
Year Value Change
2011 40.7%
2012 19.2% -52.7%
2013 11.6% -39.8%
2014 7.4% -36.0%
2015 5.8% -22.5%
2016 27.3% +373.7%
2017 23.2% -14.8%
2018 23.2% +0.1%
2019 26.8% +15.3%
2020 15.7% -41.4%
2021 12.5% -20.6%
2022 7.3% -41.5%
2023 7.4% +0.9%
2024 7.4% +0.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 20.6% 5.8% 40.7% 9
2020s 10.0% 7.3% 15.7% 5

Countries ranked near Latvia

  1. 59 Botswana 8.2% compare
  2. 60 Papua New Guinea 8.2% compare
  3. 61 Austria 7.8% compare
  4. 63 United Arab Emirates 7.4% compare
  5. 64 Luxembourg 7.3% compare
  6. 65 Czechia 7.2% compare

See the full ranking of 149 places →

More development goals data for Latvia

All data for Latvia →

Frequently asked questions

What is non-performing loans net of provisions to capital in Latvia?
Non-performing loans net of provisions to capital in Latvia was 7.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest non-performing loans net of provisions to capital recorded in Latvia?
The highest recorded value was 40.7% in 2011.
What is the lowest non-performing loans net of provisions to capital recorded in Latvia?
The lowest recorded value was 5.8% in 2015.
How does Latvia rank for non-performing loans net of provisions to capital?
Latvia ranks 62nd out of 138 countries with data for 2024.
Is non-performing loans net of provisions to capital rising or falling in Latvia?
Over the last ten years it is down 0.0%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Non-performing loans net of provisions to capital (%). Statizoid updates them automatically from the source API.

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Non-performing loans net of provisions to capital in Latvia. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 02 September 2026, from https://development-goals.statizoid.com/stat/non-performing-loans-net-of-provisions-to-capital-percent/latvia/

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About this data

Indicator
Non-performing loans net of provisions to capital (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
149 places, 2,200 data points, 2000–2025
Last refreshed