Bank Lending Rate in Latvia increased to 5.30 percent in December from 5.04 percent in November of 2025. Bank Lending Rate in Latvia averaged 5.05 percent from 2004 until 2025, reaching an all time high of 9.99 percent in April of 2010 and a record low of 2.90 percent in April of 2022. source: European Central Bank

Bank Lending Rate in Latvia is expected to be 5.30 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 5.05 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Bank Lending Rate 5.30 5.04 percent Dec 2025
Consumer Confidence -11.60 -8.30 points Jan 2026
Consumer Spending 4798151.00 4461536.00 EUR Thousand Sep 2025
Economic Optimism Index 99.60 100.90 points Jan 2026
Gasoline Prices 1.80 1.79 USD/Liter Jan 2026
Households Debt to Income 31.27 30.90 percent Dec 2024
Personal Savings 4.94 1.75 percent Dec 2024
Retail Sales MoM -0.80 0.10 percent Dec 2025
Retail Sales YoY 0.80 3.20 percent Dec 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
5.30 5.04 9.99 2.90 2004 - 2025 percent Monthly