Bank payment card penetration reached 113% in 2017 in Latvia, according to the National Central Bank. This is 2.03% less than in the previous year.
Historically, bank payment card penetration in Latvia reached an all time high of 117% in 2008 and an all time low of 8.56% in 1998.
Latvia has been ranked 28th within the group of 39 countries we follow in terms of bank payment card penetration.
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