Latvia Domestic Credit
Latvia Domestic Credit reached 14.5 USD bn in Oct 2020, compared with a reported figure of 14.3 USD bn in the previous month. Latvia Domestic Credit data is updated monthly. It is available from Jul 2003 to Oct 2020 and averaged 16.4 USD bn. The data reached an all-time high of 31.7 USD bn in Jul 2008 and a record low of 4.2 USD bn in Jul 2003. CEIC converts monthly Domestic Credit into USD. The International Monetary Fund provides Domestic Credit in EUR. The Federal Reserve Board period end market exchange rate is used for currency conversions. Domestic Credit prior to September 2010 is calculated as Credit to all residents less Deposits of Central Government sourced from the Bank of Latvia.
In the latest reports, Latvia Domestic Credit represented an drop of 4.3 % YoY in Oct 2020. Money Supply M2 in Latvia increased 15.0 % YoY in Nov 2020. Latvia Foreign Exchange Reserves was measured at 4.7 USD bn in Dec 2020. The Foreign Exchange Reserves equaled 2.8 Months of Import in Nov 2020. The country's Non Performing Loans Ratio stood at 3.4 % in Jun 2020, compared with the ratio of 3.3 % in the previous quarter.
View Latvia's Domestic Credit from Jul 2003 to Oct 2020 in the chart:
What was Latvia's Domestic Credit in Oct 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 14,464.3 Oct 2020 | 14,268.1 Sep 2020 | 4,238.5 Jul 2003 | 31,699.6 Jul 2008 | USD mn | monthly | Jul 2003 - Oct 2020 |
Domestic Credit by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 9,645.0 Nov 2020 | monthly | Dec 2002 - Nov 2020 |
| Algeria (USD mn) | 141,417.0 Sep 2020 | monthly | Dec 2001 - Sep 2020 |
| Argentina (USD mn) | 164,095.2 Jul 2018 | monthly | Jan 1990 - Jul 2018 |
| Armenia (USD mn) | 9,979.4 Sep 2020 | monthly | Dec 1993 - Sep 2020 |
| Australia (USD mn) | 3,665,112.6 Sep 2020 | monthly | Dec 2001 - Sep 2020 |
| Austria (USD mn) | 606,113.9 Oct 2020 | monthly | Jan 1999 - Oct 2020 |
| Azerbaijan (USD mn) | 14,098.2 Oct 2020 | monthly | Dec 2001 - Oct 2020 |
| Bahrain (USD mn) | 45,202.0 Nov 2020 | monthly | Sep 1991 - Nov 2020 |
| Bangladesh (USD mn) | 158,571.8 Nov 2020 | monthly | Jul 1987 - Nov 2020 |
| Belarus (USD mn) | 21,316.9 Dec 2020 | monthly | Dec 2006 - Dec 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.7 Jun 2020 | quarterly | Dec 1999 - Jun 2020 |
| Consolidated Fiscal Balance (USD mn) | -96.976 Jun 2020 | quarterly | Mar 1999 - Jun 2020 |
| Tax Revenue (USD mn) | 2,024.472 Sep 2020 | quarterly | Mar 1999 - Sep 2020 |
| Tax Revenue: % of GDP (%) | 22.2 Jun 2020 | quarterly | Mar 1999 - Jun 2020 |
| National Government Debt (USD mn) | 15,418.8 Sep 2020 | quarterly | Mar 2000 - Sep 2020 |
| Government Debt: % of GDP (%) | 42.9 Jun 2020 | quarterly | Mar 2000 - Jun 2020 |
| Forecast: Government Expenditure (LVL bn) | 15.293 2025 | yearly | 1998 - 2025 |
| Forecast: Government Net Debt (LVL bn) | 15.139 2025 | yearly | 1998 - 2025 |
| Forecast: Government Revenue (LVL bn) | 14.974 2025 | yearly | 1998 - 2025 |
| General Govt Debt: % of GDP (%) | 39.976 2017 | yearly | 2000 - 2017 |
| General Govt Revenue: Taxes on Production and Imports: Value Added Type Taxes (EUR mn) | 718.618 Sep 2020 | quarterly | Mar 1999 - Sep 2020 |
| General Govt Expenditure: Capital Transfers Payable (EUR mn) | 0.000 Sep 2018 | quarterly | Mar 1999 - Sep 2018 |
| General Govt Debt (EUR mn) | 13,152.568 Sep 2020 | quarterly | Mar 2000 - Sep 2020 |
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