Bank assets as a share of GDP reached 74.0 % in 2019 in Latvia, according to the National Central Bank. This is 4.52 % less than in the previous year.
Historically, bank assets as a share of GDP in Latvia reached an all time high of 155 % in 2010 and an all time low of % in. When compared to Latvia's main peers, bank assets as a share of GDP in Belarus amounted to 564 % and 80.3 % in Russia in 2019.
Latvia has been ranked 48th within the group of 88 countries we follow in terms of bank assets as a share of GDP, 14 places behind the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.