Latvia Policy Rate

1999 - 2020 | Monthly | % pa | European Central Bank

Latvia cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 0.00 % pa in Nov 2020, compared with 0.00 % pa in the previous Oct 2020. Latvia Policy Rate averaged 1.25 % pa and is updated monthly, available from Jan 1999 to Nov 2020. The data reached an all-time high of 4.75 % pa in Apr 2001 and a record low of 0.00 % pa in Nov 2020. Latvia joined the Euro Area on January 1st, 2014 and Main Refinancing Operations Rate established by the European Central Bank (ECB) is used as policy rate. Before joining the Euro Area, Latvia pursued quasi-currency board arrangement. For policy rate prior the adoption of the Euro please refer to the Refinancing Rate.

In the latest reports, Latvia Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.52 % pa in Oct 2020. Its Long Term Interest Rate (Long Term Interest Rate: Month Avg: Latvia: ECB Harmonised) was reported at -0.23 % pa in Oct 2020. Latvia Exchange Rate against USD averaged 0.85 (EUR/USD) in Sep 2020.

View Latvia's Policy Rate from Jan 1999 to Nov 2020 in the chart:

Latvia Policy Rate

What was Latvia's Policy Rate in Nov 2020?

Last Previous Min Max Unit Frequency Range
0.00 Nov 2020 0.00 Oct 2020 0.00 Nov 2020 4.75 Apr 2001 % pa monthly Jan 1999 - Nov 2020

Policy Rate by Country Comparison

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Includes Policy Rate on 106 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (% pa) 0.50 Oct 2020 monthly Jan 2000 - Oct 2020
Algeria (% pa) 3.00 Dec 2020 monthly Jan 1963 - Dec 2020
Argentina (%) 30.79 Oct 2020 monthly Aug 1985 - Oct 2020
Armenia (% pa) 5.25 Dec 2020 monthly May 2001 - Dec 2020
Australia (% pa) 0.10 Nov 2020 monthly Aug 1990 - Nov 2020
Austria (% pa) 0.00 Dec 2020 monthly Jan 1999 - Dec 2020
Azerbaijan (% pa) 6.50 Nov 2020 monthly Jan 2005 - Nov 2020
Bahrain (% pa) 1.00 Dec 2020 monthly Jan 2007 - Dec 2020
Bangladesh (% pa) 4.75 Nov 2020 monthly Sep 2009 - Nov 2020
Belarus (% pa) 7.75 Dec 2020 monthly Jul 1991 - Dec 2020

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Latvia Key Series

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Includes 309 key indicators for Latvia, curated by CEIC analysts. Instant access to full history data in excel.
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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