Banking - Latvia
  | |
|---|---|
| Central bank discount rate (%) | 3.5 |
| Commercial bank prime lending rate (%) | 5 |
Value & RankThe Central bank discount rate of Latvia is 3.50 (%) with a global rank of 101.
Latvia compared to other CountriesThe Central bank discount rate of Latvia is similar to that of Dem. Rep. Congo, Algeria, Georgia, Moldova, Lebanon, Macedonia, Chile, Nicaragua, Malaysia, Lithuania with a respective Central bank discount rate of 4.00, 4.00, 3.75, 3.50, 3.50, 3.25, 3.12, 3.00, 3.00, 3.00 (%) and a global rank of 96, 97, 98, 99, 100, 102, 103, 104, 105, 106.Last 4 years averageLatvia had an average Central bank discount rate of 3.83 (%) in the last 4 years from (2007 to 2011).
Latvia since the end of the Great RecessionLatvia's Central bank discount rate had a negative growth (decline) of 12.5% since the end of the Great Recession
Latvia compared to other CountriesThe Central bank discount rate of Latvia is similar to that of Dem. Rep. Congo, Algeria, Georgia, Moldova, Lebanon, Macedonia, Chile, Nicaragua, Malaysia, Lithuania with a respective Central bank discount rate of 4.00, 4.00, 3.75, 3.50, 3.50, 3.25, 3.12, 3.00, 3.00, 3.00 (%) and a global rank of 96, 97, 98, 99, 100, 102, 103, 104, 105, 106.Last 4 years averageLatvia had an average Central bank discount rate of 3.83 (%) in the last 4 years from (2007 to 2011).
Latvia since the end of the Great RecessionLatvia's Central bank discount rate had a negative growth (decline) of 12.5% since the end of the Great Recession
Value & RankThe Commercial bank prime lending rate of Latvia is 5.00 (%) with a global rank of 150.
Latvia compared to other CountriesThe Commercial bank prime lending rate of Latvia is similar to that of Qatar, Macao SAR, China, United Arab Emirates, Italy, Czech Republic, Hong Kong SAR, China, Kuwait, The Bahamas, Mexico, Korea with a respective Commercial bank prime lending rate of 5.30, 5.25, 5.20, 5.20, 5.10, 5.00, 4.90, 4.75, 4.70, 4.70 (%) and a global rank of 145, 146, 147, 148, 149, 151, 152, 153, 154, 155.Last 5 years averageLatvia had an average Commercial bank prime lending rate of 9.10 (%) in the last 5 years from (2008 to 2013).
Latvia since the end of the Great RecessionLatvia's Commercial bank prime lending rate had a negative growth (decline) of 69.2% since the end of the Great Recession
Latvia compared to other CountriesThe Commercial bank prime lending rate of Latvia is similar to that of Qatar, Macao SAR, China, United Arab Emirates, Italy, Czech Republic, Hong Kong SAR, China, Kuwait, The Bahamas, Mexico, Korea with a respective Commercial bank prime lending rate of 5.30, 5.25, 5.20, 5.20, 5.10, 5.00, 4.90, 4.75, 4.70, 4.70 (%) and a global rank of 145, 146, 147, 148, 149, 151, 152, 153, 154, 155.Last 5 years averageLatvia had an average Commercial bank prime lending rate of 9.10 (%) in the last 5 years from (2008 to 2013).
Latvia since the end of the Great RecessionLatvia's Commercial bank prime lending rate had a negative growth (decline) of 69.2% since the end of the Great Recession
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Datasource: CIA - The World Factbook