Bank Lending Rate in Latvia decreased to 3.90 percent in August from 3.92 percent in July of 2021. source: European Central Bank

Bank Lending Rate in Latvia averaged 4.96 percent from 2004 until 2021, reaching an all time high of 9.99 percent in April of 2010 and a record low of 3.16 percent in August of 2019. This page provides the latest reported value for - Latvia Bank Lending Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia Bank Lending Rate - values, historical data and charts - was last updated on December of 2021.

Bank Lending Rate in Latvia is expected to be 3.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Bank Lending Rate is projected to trend around 4.00 percent in 2022 and 4.15 percent in 2023, according to our econometric models.

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Latvia Bank Lending Rate

Related Last Previous Unit Reference
Bank Lending Rate 3.90 3.92 percent Aug/21
Latvia Bank Lending Rate
In Latvia, the bank lending rate is the average rate of interest charged on loans by commercial banks to private individuals and companies.