Number of commercial bank branches per 100,000 adults in Latvia
Latvia: Number of commercial bank branches per 100,000 adults was 4.44 per 100,000 people in 2024. ◆ Volatile
Number of commercial bank branches per 100,000 adults in Latvia, 2004–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in per 100,000 people.
Analysis
In 2024, number of commercial bank branches per 100,000 adults in Latvia stood at 4.44 per 100,000 people. That is the lowest value across all 21 years on record.
That represents a change of down 5.0% on the previous year and down 78.2% over ten years.
Over the whole period, number of commercial bank branches per 100,000 adults in Latvia peaked at 37.3 per 100,000 people in 2007 and was at its lowest, 4.44 per 100,000 people, in 2024.
Latvia ranks 152nd of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Number of commercial bank branches per 100,000 adults in Latvia, year by year
| Year | per 100,000 people | Change |
|---|---|---|
| 2004 | 31.59 per 100,000 people | — |
| 2005 | 31.91 per 100,000 people | +1.0% |
| 2006 | 33.37 per 100,000 people | +4.6% |
| 2007 | 37.3 per 100,000 people | +11.8% |
| 2008 | 36.6 per 100,000 people | -1.9% |
| 2009 | 35.39 per 100,000 people | -3.3% |
| 2010 | 34.22 per 100,000 people | -3.3% |
| 2011 | 32.78 per 100,000 people | -4.2% |
| 2012 | 24.63 per 100,000 people | -24.9% |
| 2013 | 21.58 per 100,000 people | -12.4% |
| 2014 | 20.38 per 100,000 people | -5.6% |
| 2015 | 18.05 per 100,000 people | -11.4% |
| 2016 | 17.13 per 100,000 people | -5.1% |
| 2017 | 16.48 per 100,000 people | -3.8% |
| 2018 | 14.67 per 100,000 people | -11.0% |
| 2019 | 9.7 per 100,000 people | -33.9% |
| 2020 | 7.02 per 100,000 people | -27.7% |
| 2021 | 6.57 per 100,000 people | -6.3% |
| 2022 | 5.19 per 100,000 people | -21.0% |
| 2023 | 4.68 per 100,000 people | -9.9% |
| 2024 | 4.44 per 100,000 people | -5.0% |
Latvia compared with similar countries
- Latvia's 4.44 per 100,000 people is below the median for high income countries, which is 15.76 per 100,000 people, 28% of the median. (59 countries reporting)
- Latvia's 4.44 per 100,000 people is below the median for Europe & Central Asia, which is 19.35 per 100,000 people, 23% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.36 per 100,000 people | 31.59 per 100,000 people | 37.3 per 100,000 people | 6 |
| 2010s | 20.96 per 100,000 people | 9.7 per 100,000 people | 34.22 per 100,000 people | 10 |
| 2020s | 5.58 per 100,000 people | 4.44 per 100,000 people | 7.02 per 100,000 people | 5 |
Countries ranked near Latvia
More development goals data for Latvia
- Red List Index 0.9865 index (2025)
- Number of refugees per 100,000 population, by country of origin 10.3 per 100,000 people (2025)
- Manufacturing value added per capita 2,043 constant US$ (2025)
- Number of transboundary breeds 24 (2025)
- Number of transboundary breeds (not extinct) 24 (2025)
- Number of transboundary breeds with unknown risk status 0 (2025)
- Number of local breeds with unknown risk status 0 (2025)
- Number of local breeds (not extinct) 18 (2025)
- Number of local breeds kept in the country 19 (2025)
- Infant deaths 30 (2024)
Frequently asked questions
- What is number of commercial bank branches per 100,000 adults in Latvia?
- Number of commercial bank branches per 100,000 adults in Latvia was 4.44 per 100,000 people in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest number of commercial bank branches per 100,000 adults recorded in Latvia?
- The highest recorded value was 37.3 per 100,000 people in 2007.
- What is the lowest number of commercial bank branches per 100,000 adults recorded in Latvia?
- The lowest recorded value was 4.44 per 100,000 people in 2024.
- How does Latvia rank for number of commercial bank branches per 100,000 adults?
- Latvia ranks 152nd out of 194 countries with data for 2024.
- Is number of commercial bank branches per 100,000 adults 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 United Nations Statistics Division, SDG Global Database, published as part of Number of commercial bank branches per 100,000 adults. Statizoid updates them automatically from the source API.
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