The benchmark interest rate in Latvia is set by the European Central Bank. Interest Rate in Euro Area averaged 1.88 percent from 1998 until 2026, reaching an all time high of 4.75 percent in October of 2000 and a record low of 0.00 percent in March of 2016. The benchmark interest rate in Latvia is set by the European Central Bank.European Central Bank. source: European Central Bank
Interest Rate in Latvia is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Interest Rate is projected to trend around 1.90 percent in 2026 and 1.50 percent in 2027, according to our econometric models.