Bank pre-tax ROE reached 9.54 % in 2018 in Latvia, according to the National Central Bank. This is 1.56 % more than in the previous year.
Historically, bank pre-tax ROE in Latvia reached an all time high of 28.8 % in 1997 and an all time low of -50.6 % in 2009. When compared to Latvia's main peers, bank pre-tax ROE in Belarus amounted to 13.6 %, 13.3 % in Estonia, 16.8 % in Lithuania and 13.0 % in Russia in 2018.
Latvia has been ranked 89th within the group of 118 countries we follow in terms of bank pre-tax ROE, 15 places behind the position seen 10 years ago.